AGM - Costing & Management Accounting - Oragadam

Besmak Components; Oragadam; On-site; INR 1,800,000 - 3,200,000; Full time

Job summary

Besmak Components Pvt Ltd in Oragadam, Chennai seeks a full-time AGM (Costing & Management Accounting) to lead budgeting, costing, and financial controls. The role reports to the Head - Finance & Accounts and requires strong leadership of the costing team.

The candidate will drive annual budget processes, evaluate capex, manage inventory controls, and ensure compliance with financial regulations, playing a proactive role in strategic finance decisions.

Qualifications

• Experience in costing and management accounting is essential.
• Strong budgeting and variance analysis capabilities.
• Proven leadership of finance teams and cross-functional collaboration.

Responsibilities

• Drive the annual business plan process with budget finalisation per vertical.
• Ensure budgetary adherence and drive cost optimization across manufacturing processes.
• Provide timely reporting with variance analysis to stakeholders.

Skills

Financial analysis

Budgeting

Leadership

Cost control

Education

CMA/CA qualified

Tools

ERP systems

Job description

Role & responsibilities

Besmak Components Pvt Ltd is looking for a full-time AGM (Costing & Management Accounting) to join their team in an exciting time of organisational growth and development. The role reports to the Head - Finance & Accounts.

Main Responsibilities

1. Drive the Annual Business plan process by collating the inputs from various stakeholders, preparing and finalizing the detailed business vertical wise Annual budget.
2. Ensure budgetary adherence on all cost elements in the end-to-end manufacturing processes and drive cost optimization initiatives.
3. Ensure timely and accurate reporting of financials and other management reports with variance analysis to stakeholders
4. Evaluate capex investment proposals in terms of Budget adherence, Payback period, Net present value etc, monitor and report the variance in actual performance
5. Evaluate the financial viability of new Business proposals in terms of Payback, Net present value and scenario analysis
6. Assess and mitigate financial risks, establish Internal controls, prepare robust SOPs and maintain compliance with relevant regulations and industry standards.
7. Exercise Overall control on Inventory by periodic Physical verification and reconciliation, optimizing and controlling Inventory levels through defined KPIs, Avoidance of Non-moving stock generation, ensuring FIFO etc
8. Ensure timely completion of Cost Audit and other compliance/statutory requirements
9. Any other ad hoc reports or analysis required by management for critical decision making

Senior Management

The AGM (Costing & Management Accounting) will be expected to play a proactive role in the management of the organisation, including:

• Organisational strategic planning
• Organisational development
• Leveraging digital capabilities for Innovative business solutions

Staff Management

Management of Costing and Management Accounting team, including:

• Agreeing objectives and work plans
• Managing workload and performance through regular one-to-one line management discussions
• Plan and implement personal development programme for team members in all relevant skills
• Undertake annual performance reviews

Preferred candidate profile

• CMA/CA qualified with 10 to 15 years of experience in similar role

Work Location : Oragadam, Chennai