Assistant Manager - Business Finance (Costing Analytics)

Mappy Global Resources; Pune District; On-site; INR 1,800,000 - 2,600,000; Full time

Job summary

Mappy Global Resources is seeking an Assistant Manager – Business Finance (Costing & Analytics) in Pune to oversee product costing, BOM cost extractions, inventory validation, and pricing analytics. This role links engineering data with front-end commercial operations to deliver precise cost baselines from SAP for tendering and margin protection.

The incumbent reports to the Business Finance Controller and will drive variance tracking, real-time cost baselines, and management reporting across

Qualifications

• Education: Qualified Chartered Accountant (CA) or CMA/ICWA.
• Experience: 3–5 years post-qualification in manufacturing/engineering sectors.
• ERP Systems: Hands-on SAP CO and MM modules for BOM explosions and ledger extractions.
• Spreadsheet Modeling: Advanced Excel with Power Query, dynamic arrays, and pivot modeling.

Responsibilities

• SAP Cost Extraction & BOM Modeling across multi-level BOMs and routing structures.
• Update real-time product cost sheets with material, labor, and overhead rates.
• Support bids with data-backed margin analyses and pricing inputs for RFQs and tenders.
• Assist in variance analysis and monitoring of budgeted vs actual product costs.
• Prepare weekly/monthly margin dashboards and management presentations.

Skills

costing

analytics

BOM modeling

Excel advanced

data synthesis

Education

Chartered Accountant (CA)

CMA / ICWA

Tools

SAP CO

SAP MM

Job description

Greetings for the season !

We are scouting an Assistant Manager - Business Finance (Costing & Analytics) to be associated with a Listed Engineering firm.

Position Title: Assistant Manager Business Finance (Costing & Analytics)

Department: Business Finance & Controlling

Location: Pune, India

Experience: Over 3years post-qualification

Qualification: Qualified CA (Chartered Accountant) or CMA / ICWA (Cost Accountant)

Industry Preference: Manufacturing, Industrial, Automotive, or Complex Product-Assembly

Role Summary

This position serves as a core operational link between engineering data and front-end commercial operations. Reporting directly to the Business Finance Controller, the incumbent will oversee product costing, Bill of Materials (BOM) cost extractions, inventory validations, and commercial pricing analytics. The primary mandate is delivering precise, real-time product cost baselines derived from SAP to empower tendering and sales teams during competitive bidding, while driving variance tracking to safeguard gross margins.

Key Responsibilities

1. SAP Cost Extraction & BOM Modeling

• Extract, audit, and analyze multi-level Bill of Materials (BOM), engineering routing structures, and component ledgers directly from SAP.
• Translate raw technical engineering structures into structured, transparent financial cost sheets.
• Account for scrap factors, operational routing changes, and component revisions to maintain accurate product cost files.

2. Cost Layering & Base-Cost Maintenance

• Calculate and routinely update real-time product cost sheets, integrating latest material prices, direct labor, and variable/fixed overhead absorption rates.
• Monitor fluctuations in spot raw material prices, foreign exchange shifts, and supplier revisions to establish accurate forward-looking baseline costs.

3. Commercial Bid & Tendering Support

• Translate complex cost models into actionable pricing templates for Sales and Commercial teams.
• Provide rapid, data-backed margin analysis and commercial feedback for high-stakes bids, Requests for Quotation (RFQs), and market tenders.

4. Variance Analysis & Financial Controlling

• Assist the Business Finance Controller in evaluating budgeted vs. actual product costs across manufacturing cycles.
• Track and flag production leakages, factory execution deviations, and structural cost variances against initial business-case assumptions.

5. Financial Analytics & Management Reporting

• Consolidate and cleanse transactional ERP data to maintain weekly and monthly product margin tracking dashboards.
• Formulate management presentations highlighting product-level profitability trends, cost drivers, and margin-erosion risks.

Technical & Behavioral Competencies

• Cost Accounting Mastery: Strong theoretical and practical foundation in standard costing, absorption costing, variance analysis, and overhead allocations within a multi-tier product environment.
• Cross-Functional Partnering: Proven capability to liaise effectively with non-finance stakeholdersincluding Plant Engineering, Procurement, and Commercial Sales—translating technical cost variances into actionable commercial guidance.
• Commercial Acumen: Clear grasp of operational levers influencing margins, including plant capacity utilization, logistics/freight terms, volume discounts, and product design adjustments.
• Data Synthesis & Speed: Ability to distill complex datasets under tight turnaround times without compromising arithmetic precision.

Candidate Profile & Qualifications

• Education: Qualified Chartered Accountant (CA) or Certified Management Accountant (CMA / ICWA).
• Experience: 3 to 5 years of relevant post-qualification experience in manufacturing, industrial machinery, automotive, or engineering environments.
• ERP Systems: Hands-on proficiency in SAP (specifically Controlling [CO] and Materials Management [MM] modules) for running multi-level BOM explosions and ledger extractions.
• Spreadsheet Modeling: Advanced Microsoft Excel capabilities (Power Query, advanced logic functions, dynamic arrays, nested lookups, and pivot modeling).

Best Regards,

Dixita

Mappy Global Resources