Assistant Manager - Costing

Parle Products Pvt. Ltd; Mumbai; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Parle Products Pvt. Ltd. is seeking a cost accounting professional to manage standard costs, variance analyses, and costing for new launches in Mumbai.

You will collaborate with Production, Procurement, R&D, and Supply Chain, prepare MIS on product costs and promotions, and support budgeting and pricing decisions with strong Excel and PowerPoint skills.

ICWA/CMA certification and SAP CO experience are mandatory; this is a Mumbai-based, on-site role.

Qualifications

• Advanced Excel and PowerPoint knowledge is mandatory.
• Strong presentation and communication skills are required.
• SAP CO module experience is mandatory.

Responsibilities

• Prepare and review standard product costs based on changes in raw materials, packaging, labour, and manufacturing overheads.
• Conduct actual vs. standard cost analysis and identify cost variances.
• Prepare costing for new product launches and product modifications.
• Compare cost across multiple product SKUs and analyze reasons for cost variations.
• Coordinate with Production, Procurement, R&D, and Supply Chain teams for accurate product costing.
• Prepare monthly MIS reports on Sales Promotion expenses and product-wise promotional costs.
• Monitor Budget vs. Actual spending and perform variance analysis.
• Generate periodic costing, profitability, and management reports to support business decisions.
• Identify cost reduction opportunities and recommend cost-effective solutions without compromising quality.
• Perform product-wise and customer-wise profitability analysis.
• Support pricing decisions through cost and margin analysis.
• Assist in the preparation of Annual Budgets and Quarterly Forecasts.
• Collect, validate, and consolidate financial data from various business functions.
• Support budget reviews and provide variance analysis to management.
• Prepare financial reports, dashboards, and presentations for management review.
• Utilize Advanced Excel and PowerPoint for data analysis, reporting, and business presentations.

Skills

Advanced Excel

PowerPoint

Presentation skills

Communication skills

Education

ICWA/CMA certification

Tools

SAP CO Module

Job description

• Prepare and review standard product costs based on changes in raw materials, packaging, labour, and manufacturing overheads.
• Conduct actual vs. standard cost analysis and identify cost variances.
• Prepare costing for new product launches and product modifications.
• Compare cost across multiple product SKUs and analyze reasons for cost variations.
• Coordinate with Production, Procurement, R&D, and Supply Chain teams for accurate product costing.
• Prepare monthly MIS reports on Sales Promotion expenses and product-wise promotional costs.
• Monitor Budget vs. Actual spending and perform variance analysis.
• Generate periodic costing, profitability, and management reports to support business decisions.

Cost Optimization & Business Analysis:

• Identify cost reduction opportunities and recommend cost-effective solutions without compromising quality.
• Perform product-wise and customer-wise profitability analysis.
• Support pricing decisions through cost and margin analysis.

Budgeting & Planning:

• Assist in the preparation of Annual Budgets and Quarterly Forecasts.
• Collect, validate, and consolidate financial data from various business functions.
• Support budget reviews and provide variance analysis to management.

Reporting & Presentation:

• Prepare financial reports, dashboards, and presentations for management review.
• Utilize Advanced Excel and PowerPoint for data analysis, reporting, and business presentations.

Qualification: ICWA/CMA (Mandatory)

Experience:

• SAP Co Module experience is mandatory
• Advance excel & Powerpoint presentation knowledge is mandatory
• Mumbai based - No outstation
• Better in Presentation & Communication skills