Safari Industries - Manager - Costing

Department Icon Accounting & Finance
137+ Applicants
Posted: 4 months ago
8-10 years
Others
work from office

Posted: 4 months ago
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Applicants: 137+
Job Description
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Job Description

Costing & Financial Control:

- Lead standard costing framework and analyze variances to drive actionable business insights.

- Strengthen costing systems, processes, and internal controls for accuracy and governance.

- Monitor material variances, yield, and efficiency metrics and drive corrective actions.

- Ensure accurate inventory valuation and validate landed costs for effective procurement decisions.

Inventory & BOM Management:

- Oversee BOM validation and updates in collaboration with plant teams.

- Track inventory ageing, slow-moving stock, and drive corrective actions.

- Ensure robust stock reconciliation and alignment with financial records.

MIS, Budgeting & Analysis:

- Deliver accurate MIS up to contribution/EBITDA level for performance tracking.

- Lead budgeting, forecasting, and variance analysis processes.

- Drive contribution analysis and ensure reconciliation with financial statements.

Business Partnering:

- Work closely with cross-functional teams on pricing, NPD costing, and cost revisions.

- Provide actionable insights to improve margins and optimize cost structures.

Cost Optimization & Projects:

- Identify and execute cost-saving initiatives across procurement, production, and logistics.

- Track and evaluate cost reduction projects with measurable business impact.

Governance & Compliance:

- Support internal and statutory audits and ensure timely closure of audit observations.

- Strengthen controls and documentation across costing and inventory processes.

Systems & Automation:

- Drive automation of MIS and costing processes to improve efficiency and accuracy.

- Leverage SAP, BI tools, and analytics for enhanced decision-making.

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Plant Interface:

- Engage with plant teams through regular visits to understand operations and validate cost drivers.

- Ensure strong linkage between shop-floor realities and financial reporting.

Requirements:

- Experience in costing, MIS, budgeting, and inventory management in manufacturing.

- Should have knowledge of Balane Sheet and P&L reading.

- Strong working knowledge of SAP (MM, FI, CO, COPA).

- Understanding of cost structures, plant operations, and production processes.

- Exposure to automation, BI tools, and process improvement initiatives.

Qualification:

- CA / CMA (ICWA) preferred.

Experience - 8-10 years in manufacturing setup.

Skills

BudgetingFinancial ControlFinancial StatementsCost ReductionCostingInventory ManagementPerformance TrackingProcess ImprovementCaReconciliation

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About Company

Safari. What the Swahili call “journey”. And, every journey brings with it new experiences. A potpourri of sights, sounds and colours that captivate your senses and make their way to your album of memories. It is these memories that have inspired our Safari bags. Vibrant colours and the finest fabrics make travelling an absolute joy. The exquisite designs and easy-to-use functionality make every Safari bag an ideal travel companion. So, let’s start a new journey. A new memory. Happy Safari! Safari is in the business of manufacturing and trading of luggage and luggage accessories. There are two broad categories of luggage i.e hard luggage and soft luggage. Hard luggages are mainly made of Poly Propylene (PP) and Poly Carbonate (PC) and manufactured in-house by Safari at its Plant located at Halol, Gujarat. Soft luggages are made of fabrics of various kinds and are mainly imported by Safari

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Important dates & deadlines?

Application Deadline

22 Jun 26, 05:30 PM IST

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Safari Industries - Manager - Costing

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