Costing Lead

Weekday; Coimbatore District; On-site; INR 500,000 - 1,200,000; Full time

Job summary

Weekday in Coimbatore, Tamil Nadu seeks an experienced Costing Lead to oversee manufacturing costing, inventory valuation and cost analysis. The role requires strong SAP CO and Product Costing expertise to drive cost transparency and support financial decisions.

You will lead BOM, standard costing, variance analysis and collaborate with production, procurement and finance to improve cost visibility and identify opportunities for cost optimisation.

Qualifications

• CA / CMA (ICWA) preferred.
• MBA in Finance or M.Com with relevant experience may be considered.
• 10–15 years of relevant experience in manufacturing costing.
• Strong hands-on experience in SAP CO and Product Costing.
• Proven experience in product costing, BOM, standard costing, variance analysis, and inventory valuation.

Responsibilities

• Lead product costing activities across manufacturing operations, ensuring accuracy and consistency in cost calculations.
• Manage Bill of Materials (BOM), standard costing, and cost estimation processes.
• Conduct cost variance analysis to identify deviations and recommend corrective actions.
• Oversee inventory valuation and ensure appropriate costing methods are applied.
• Leverage SAP CO and Product Costing functionalities for cost monitoring and reporting.
• Work with production, procurement and finance teams to ensure accurate cost inputs and improve cost visibility.
• Identify opportunities for cost optimisation and support initiatives to improve manufacturing efficiency.

Skills

Product Costing

SAP CO

Manufacturing Costing

Standard Costing

Variance Analysis

Inventory Valuation

Bill of Materials (BOM)

Education

CA / CMA (ICWA) preferred

MBA in Finance or M.Com

Job description

This role is for one of Weekday’s clients
Salary range: Rs 500000 - Rs 1200000 (ie INR 5 - 12 LPA)

Min Experience: 10+ years
Location: Coimbatore, Tamil Nadu, India
JobType: full-time

We are looking for an experienced Costing Lead to oversee manufacturing costing activities and ensure accurate product cost management, inventory valuation, and cost analysis. The ideal candidate will have strong expertise in SAP Controlling (CO), product costing, and manufacturing cost processes, along with the ability to drive cost transparency and support effective financial decision-making.

Key Responsibilities

• Lead product costing activities across manufacturing operations, ensuring accuracy and consistency in cost calculations.
• Manage Bill of Materials (BOM), standard costing, and cost estimation processes.
• Conduct cost variance analysis to identify deviations and recommend corrective actions.
• Oversee inventory valuation and ensure appropriate costing methods are applied.
• Leverage SAP CO and Product Costing functionalities for effective cost monitoring and reporting.
• Work closely with production, procurement, and finance teams to ensure accurate cost inputs and improve cost visibility.
• Identify opportunities for cost optimisation and support initiatives to improve manufacturing efficiency.

Required Qualifications and Experience

• CA / CMA (ICWA) preferred.
• MBA in Finance or M.Com with relevant experience may also be considered.
• 10–15 years of relevant experience in manufacturing costing.
• Strong hands-on experience in SAP CO and Product Costing.
• Proven experience in product costing, Bill of Materials (BOM), standard costing, variance analysis, and inventory valuation.

Must-Have Skills

• Product Costing
• SAP CO
• Manufacturing Costing
• Standard Costing
• Variance Analysis
• Inventory Valuation