Asst manager / Manager Costing

Nipha Exports; Kolkata District; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Nipha Exports is seeking a Costing Manager in Kolkata to oversee cost planning, analysis, control and reporting to optimise pricing and profit across engineering and manufacturing activities.

You will lead cost estimation, budgeting, variance analysis, and ERP-based costing, collaborating with Engineering, Procurement, Production and Finance to drive cost efficiency and tender success.

Qualifications

• Cost Estimation & Budgeting: Prepare accurate cost estimates for engineering projects and manufacturing activities.
• Develop and maintain standard cost models for products and processes.
• Forecast material, labour and overhead costs with project teams.
• Cost Control & Variance Analysis: monitor costs and compare to budgets.
• Analyse variances and provide actionable insights.
• Inventory & Materials Costing: manage inventory valuation and consumption trends.
• Ensure correct product costing (BOMs, routing, labour rates) in ERP.
• Reporting & Compliance: produce periodic cost reports and profitability analysis.
• Support audits with cost and inventory documentation.
• Collaborate with Engineering, Procurement, Production and Finance.
• Provide costing insights to support pricing decisions and tenders.
• Participate in cross-functional initiatives to improve cost efficiency.

Responsibilities

• Cost Estimation & Budgeting: Prepare accurate cost estimates for engineering projects and manufacturing activities.
• Develop and maintain standard cost models for products and processes.
• Forecast material, labour and overhead costs with project teams.
• Cost Control & Variance Analysis: monitor costs and compare to budgets.
• Analyse variances and provide actionable insights.
• Inventory & Materials Costing: manage inventory valuation and consumption trends.
• Ensure correct product costing (BOMs, routing, labour rates) in ERP.
• Reporting & Compliance: produce periodic cost reports and profitability analysis.
• Support audits with cost and inventory documentation.
• Collaborate with Engineering, Procurement, Production and Finance.
• Provide costing insights to support pricing decisions and tenders.
• Participate in cross-functional initiatives to improve cost efficiency.

Job description

Department: Finance / Operations
Location: Kolkata
Reporting To: Head of Finance / CFO / Operations Manager

Job Summary:

We are seeking a detail-oriented and strategic Costing Manager to oversee all cost-related activities within our engineering operations. The ideal candidate will be responsible for cost planning, analysis, control, and reporting to support pricing strategies, project evaluations, and profit optimization.

Key Responsibilities:

• Cost Estimation & Budgeting:
• Prepare accurate cost estimates for engineering projects and manufacturing activities.
• Develop and maintain standard cost models for various products and processes.
• Work with project teams to forecast material, labour, and overhead costs.
• Cost Control & Variance Analysis:
• Monitor project and operational costs, comparing actuals against budgets.
• Analyse cost variances and provide actionable insights to project managers and finance leaders.
• Recommend cost-effective solutions and process improvements.
• Inventory & Materials Costing:
• Manage and analyse inventory valuation and consumption trends.
• Ensure correct product costing (BOMs, routing, labour rates) within ERP systems.
• Reporting & Compliance:
• Prepare periodic cost reports, including profitability analysis by project, product, or department.
• Support financial audits by providing cost and inventory-related documentation.
• Ensure compliance with internal policies and relevant accounting standards.
• Collaboration:
• Work closely with Engineering, Procurement, Production, and Finance teams.
• Provide costing insights to support pricing decisions and tender submissions.
• Participate in cross-functional initiatives to improve overall cost efficiency.