Costing Head

Grant Thornton Bharat Llp; Bengaluru; On-site; INR 1,000,000 - 1,400,000; Full time

Job summary

Grant Thornton Bharat Llp in Bengaluru seeks a cost-focused professional to drive product costing, profitability analysis, and cost optimization across fabrics, trims, and overheads for multiple buyers and orders.

The role involves coordinating with merchandising, procurement, production, and engineering to improve efficiencies and implement robust costing models. You will lead a small team and engage multiple stakeholders to ensure accurate costing and governance.

Responsibilities

• Prepare and validate detailed product cost sheets (fabric, trims, CM, overheads) for styles/orders across buyers and categories.
• Drive pre-costing and post-costing analysis, tracking variances and identifying cost leakages.
• Partner with merchandising and procurement teams to support pricing decisions, margin negotiations; prepare and review factory and order profitability.
• Monitor and analyse actual vs. costed order profitability (fabric consumption, labour efficiency, overhead absorption).
• Work closely with production, sourcing, and industrial engineering teams to optimize cost structures and improve efficiencies.
• Develop and maintain costing models, benchmarks, and standard cost databases for different product categories.
• Evaluate capex proposals (machinery, automation, capacity expansion) and ROI analysis.
• Identify and drive cost optimization initiatives across raw materials, processes, and supply chain.
• Strengthen commercial controls and governance around costing, approvals, and margin thresholds.
• Prepare and present MIS reports on costing, margins, and profitability (factory/customer) for management review.
• Lead/mentor a small team and support cross-functional coordination for seamless execution.
• Ability to engage, guide, influence and challenge multiple stakeholders across departments.

Job description

Role & responsibilities

• Prepare and validate detailed product cost sheets (fabric, trims, CM, overheads) for styles/orders across buyers and categories.
• Drive pre-costing and post-costing analysis, tracking variances and identifying cost leakages.
• Partner with merchandising and procurement teams to support pricing decisions, margin negotiations. Prepare and review the factory and order profitability.
• Monitor and analyse actual vs. costed order profitability (fabric consumption, labour efficiency, overhead absorption).
• Work closely with production, sourcing, and industrial engineering teams to optimize cost structures and improve efficiencies.
• Develop and maintain costing models, benchmarks, and standard cost databases for different product categories.
• Evaluate capex proposals (machinery, automation, capacity expansion) and ROI analysis.
• Identify and drive cost optimization initiatives across raw materials, processes, and supply chain.
• Strengthen commercial controls and governance around costing, approvals, and margin thresholds.
• Prepare and present MIS reports on costing, margins, and various profitability reports such as factory and customer profitability, for management review.
• Lead/mentor a small team and support cross-functional coordination for seamless execution.
• Ability to engage, guide, influence and challenge multiple stake holders across departments.