Deputy Manager

Mahindra and Mahindra Limited [Automotive and Farm Equipment Business]; Jaipur; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Mahindra and Mahindra Limited seeks a Finance/Costing professional to perform monthly inventory valuation and cost analysis across RM, MFG, WIP, and FG. You will drive MIS, BOM changes, and price impact assessments while coordinating with procurement and SCPC teams.

The role requires Plant-based work with significant travel and strong SAP experience. Ideal candidates hold CA/CMA or equivalent, are proficient in SAP FI-CO, and display strong analytical, presentation, and communication skills.

Qualifications

• CA/CMA or equivalent professional qualification.
• Comprehensive knowledge of SAP FI-CO module and hands-on SAP experience.
• Proficient in MS Office, including advanced Excel and PowerPoint; awareness of AI tools.
• Willing to work in plant location with daily travel around 80 km.

Responsibilities

• Monthly Inventory valuation working of RM, MFG, WIP, FG etc and ensure correctness of same.
• Monthly Costing & Financial Consumption Analysis and MIS including material price fluctuations and BOM changes.
• Oversee Perpetual/Annual Physical Inventory processes and ensure timely corrective actions.
• Prepare MIS for Plant Accounts including Budget vs Actual and Plant Conversion Cost.
• Organize information for quarterly/annual audits and ensure compliance.

Skills

Analytical thinking

Communication skills

Self-starter

Team player

Presentation skills

Education

CA/CMA or Equivalent

Tools

SAP FI-CO

MS Office (Excel, PPT)

AI awareness

Job description

Job Description:

Responsibilities & Key Deliverables

Monthly Inventory valuation working of RM, MFG, WIP, FG etc and ensure correctness of same. and Inventory Related MIS of forceful consumptions, Material Scrap, vendor aid etc.

Overall inventory analysis of RM, MFG, Vendor Aid, etc. with their ageing for reduction in inventory and minimise ageing and timely corrective action for same and taken up with concern Procurement /SCPC team.

Monthly Costing & Financial Consumption Analysis and ensure minimum gap along with working and analysis of Material Price Inc Dec impact, Bom change impact, Vendor Mix Impact etc.

Knowledge of Mass Product Cost rollup & New Product cost rollup (Material cost & Conversion cost) and qualitative analysis for effectiveness and corrective action.

Monitoring and analysis of Non Bom Misc. consumption i.e. forceful consumptions, Material Scrap, Cost Centre consumptions and reduction.

Monitoring of Perpetual Physical Inventory / Annual Physical Inventory Process to ensure adequate control is in place, process is followed, and corrective action is taken in time.

Monthly Mis of Miscellaneous Non Bom consumptions.

Periodic & Frequent analysis of Material Bom and Routing (Time Study) for cost benefit analysis and correctness.

Ensuring timely & accurately completion of monthly/Quarterly / Annual closing activities related to Plant accounts in coordination with HO accounts.

MIS generation for Plant Accounts which Includes Budget Vs Actual, Plant Conversion Cost etc.

Organising information for quarterly/annual audits as per given formats & timelines.

Monitoring adherence to compliances applicable to Plant Accounts.

Knowledge of Initiating Cost Saving Project, Process improvements through digitisation and AI.

Ensure strong governance, compliance, risk management, and financial discipline.

Ability to manage cross functional teams and drive strategic initiatives.

Experience

3- 5yrs

Industry Preferred

Auto / Farm or similar Industry will be preferred

Qualifications

CA/CMA Or Equivalent

General Requirements

Comprehensive Knowledge of SAP (FI -CO Module). Working Experience in SAP is must.

Good Command over MS office (Advance Excel & PPT), Uses of AI.

Willing to work in Plant location enviornment with daily travel of approx 80 Km( To& From ) from City ,

Self Starter, Effective team player, Analytics, Creative, Good presentation & communication skills

Our commitment to Diversity, Equity, and Inclusion

At Mahindra and Mahindra Limited, we believe that diversity drives innovation, and inclusion is at the heart of everything we do. We are committed to cultivating a workplace where every individual feels valued, respected, and empowered to thrive.
We are proud to be an Equal Opportunity Employer. All qualified applicants will be considered for employment without regard to age, caste, race, religion, color, ethnic origin, gender identity, nationality, physical or mental disability, medical condition, sexual orientation, educational background, marital or domestic partnership status, pregnancy or childbirth, veteran status, citizenship status, ancestry, financial status, or any other personal characteristic protected by applicable law.
We actively encourage candidates from all backgrounds to apply and bring their unique perspectives to our teams. We are committed to ensuring an accessible and inclusive experience for all applicants.
Together, we rise by embracing differences and building a future that reflects the communities we serve.

Requirements: