Costing Manager

Jindal Steel Limited; Raigarh; On-site; INR 600,000 - 900,000; Full time

Job summary

Jindal Steel Limited in Raigarh seeks a finance professional to oversee EBITDA, costing, and MIS reporting across multiple plants. You will coordinate cost audits, SAP costing, and automation initiatives to strengthen profitability and financial control.

The role requires meticulous cost analysis, governance, and cross-functional collaboration with production and commercial teams. The candidate will deliver regular cost performance insights, support annual budgeting processes, and ensure

Responsibilities

• Prepare daily, weekly, and monthly EBITDA reports for Raigarh, Patratu, SSD Punjipatra, and DCPP, including variance analysis against forecasts.
• Prepare SBU-wise profitability and cost forecasts.
• Compile production, sales, inter-unit transfers, operational cost parameters, cost sheets, and plant-wise profitability for management review.
• Prepare cost audit reports and coordinate interim cost audits with cost auditors.
• Prepare monthly costing P&L after book closure and reconcile it with book profit.
• Prepare corporate MIS reports covering production, sales, NSR, product cost margins, and major raw material consumption.
• Handle cost collectors, standard price updates for raw materials and finished goods, and price revisions for semi-finished and finished goods using SAP.
• Support finance transformation initiatives and product costing automation.
• Provide input-output ratio data and other costing information to statutory and tax auditors.

Job description

Role & responsibilities:

• EBITDA Preparation: Prepare daily, weekly, and monthly EBITDA reports for Raigarh, Patratu, SSD Punjipatra, and DCPP, including variance analysis against forecasts.
• Monthly Forecasting: Prepare SBU-wise profitability and cost forecasts.
• Annual Business Plan: Compile production, sales, inter-unit transfers, operational cost parameters, cost sheets, and plant-wise profitability for management review.
• Cost Audit: Prepare cost audit reports and audit packs, and coordinate interim cost audits with cost auditors.
• Costing P&L: Prepare monthly costing P&L after book closure and reconcile it with book profit.
• MIS Reporting: Prepare corporate MIS reports covering production, sales, NSR, product cost margins, and major raw material consumption.
• SAP Costing: Handle cost collectors, standard price updates for raw materials and finished goods, and price revisions for semi-finished and finished goods using SAP.
• Costing Automation: Support finance transformation initiatives and product costing automation.
• Audit Support: Provide input-output ratio data and other costing information to statutory and tax auditors.