Costing

Biocon Biologics Limited; Bengaluru; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Biocon Biologics Limited is seeking a costing professional to manage end-to-end product costing, inventory valuation, and cost analysis. You will drive monthly cost runs, material ledger processes, and maintain costing master data across BOMs and routings.

The role requires 5–10 years in cost accounting within manufacturing, with strong Excel, data analysis, and SAP S/4HANA skills. Collaboration with Manufacturing, Supply Chain, and Finance is essential for profitability improvements.

Qualifications

• CMA (ICWA), CIMA, or MBA (Finance) with 5–10 years in Product Costing, Manufacturing Finance, Cost Accounting, Inventory Accounting, or Plant Finance.
• Proficient in Excel, data analysis, and SAP/SAP S4HANA; strong presentation skills.

Responsibilities

• Drive accurate product costing, inventory valuation, and profitability analysis for strategic decisions.
• Execute monthly Cost Runs and Material Ledger Runs; maintain costing master data including BOMs, routings, yields, cycle times, work centres, and activity rates.
• Lead analysis of material costs, COGS, PPV, overheads, and cost trends; develop costing MIS, inventories, dashboards, and KPIs for leadership insights.
• Support budgeting, forecasting, long-range planning, cost audits, and statutory compliance with cross-functional collaboration.

Skills

Product Costing

Manufacturing Finance

Inventory Valuation

Standard & Actual Costing

BOM & Routing Validation

PPV Analysis

COGS Analysis

Margin Analysis

Cost Audit

Budgeting & Forecasting

SAP S/4HANA

SAP CO-PC

Cost Control

Business Partnering

Education

CMA (ICWA)

CIMA

MBA (Finance)

Tools

Excel

Data analysis

Presentation tools

SAP/SAP S4HANA

Job description

Costing professional with expertise in Product Costing, Inventory Accounting, Manufacturing Finance, Cost Audit, and SAP S/4HANA. The role will be responsible for managing end-to-end product costing processes, inventory valuation, cost analysis, budgeting, and Budget Vs Actual analysis reporting while partnering with cross-functional teams to drive operational efficiency and profitability.

Key Responsibilities

• Driving accurate product costing, inventory valuation, and profitability analysis to support strategic business decisions.
• Role involves executing monthly Cost Runs (CR) and Material Ledger (ML) Runs, performing standard and actual costing, and ensuring the integrity of costing master data, including BOMs, routings, yields, cycle times, work centers, and activity rates.
• Lead the analysis of material costs, COGS, purchase price variances (PPV), production overheads, and manufacturing cost trends. costing MIS, inventory reports, management dashboards, and KPI metrics to provide actionable insights to business leaders.
• Support budgeting, forecasting, long-range planning, cost audits, and statutory compliance activities, while partnering closely with Manufacturing, Supply Chain, Procurement, Operations, and Finance.

Key Skills

• Product Costing
• Manufacturing Finance
• Inventory Valuation
• Standard & Actual Costing
• BOM & Routing Validation
• PPV Analysis
• COGS Analysis
• Margin Analysis
• Cost Audit
• Budgeting & Forecasting
• SAP S/4HANA
• SAP CO-PC
• Cost Control
• Business Partnering

Qualification & Experience

• CMA (ICWA), CIMA, or MBA (Finance)
• 5-10 years of experience in Product Costing, Manufacturing Finance, Cost Accounting, Inventory Accounting, or Plant Finance within a manufacturing environment.
• Proficiency in Excel, Data analysis, SAP/SAP S4HANA, Presentation tools

Prefered Industry

Pharmaceutical, Biotech, Chemical, Bulk drugs, Process Manufacturing industries.