Finance Costing Manager – Manufacturing

Olive Green Consulting; Mumbai; On-site; INR 2,000,000 - 3,500,000; Full time

Job summary

Olive Green Consulting in Mumbai is seeking a Finance Costing Manager with strong hands-on experience in product costing, manufacturing costing and profitability analysis to support critical business decisions.

You will own end-to-end costing, develop standard costing, analyze costs, review BOMs and cost centres, and work with cross-functional teams including Finance, Production, Procurement and Sales. CA/CMA/ICWA is preferred and 5+ years in manufacturing finance.

Qualifications

• 5+ years of experience in Manufacturing Finance/Costing.
• Strong hands-on experience in product and manufacturing costing.
• Expertise in cost variance analysis and profitability analysis.

Responsibilities

• Own end-to-end product & manufacturing costing for existing and new products.
• Develop and maintain standard costing systems and cost structures.
• Analyze RM, labour, overhead, conversion and manufacturing costs.
• Review BOMs, routings and cost centres for costing accuracy.
• Conduct Actual vs Standard and detailed cost variance analysis.
• Identify cost leakages, cost-reduction opportunities and productivity gaps.
• Conduct product/SKU-wise profitability, gross margin and contribution analysis.
• Support pricing decisions, new product evaluation and business cases through cost models.
• Lead/coordinate budgeting, forecasting and plant/product-wise financial planning.
• Prepare monthly costing MIS, plant performance and profitability reports for management.
• Work closely with Finance, Plant, Production, Procurement, SCM, Sales, R&D and Senior Management.
• Partner with ERP/IT teams for costing process improvement, master-data accuracy and reporting automation.

Skills

Product costing

Manufacturing costing

Cost analysis

Profitability

Education

CA / CMA / ICWA

Tools

SAP

Job description

We’re Hiring | Finance Costing Manager – Manufacturing

Preferred Qualification : CA / CMA / ICWA

We are looking for a Finance Costing Manager with strong hands-on experience in product costing, manufacturing costing, cost analysis and profitability to support critical business and management decisions.

• Own end-to-end product & manufacturing costing for existing and new products.
• Develop and maintain standard costing systems and cost structures.
• Analyze RM, labour, overhead, conversion and manufacturing costs.
• Review BOMs, routings and cost centres for costing accuracy.
• Conduct Actual vs Standard and detailed cost variance analysis.
• Identify cost leakages, cost-reduction opportunities and productivity gaps.
• Conduct product/SKU-wise profitability, gross margin and contribution analysis.
• Support pricing decisions, new product evaluation and business cases through cost models.
• Lead/coordinate budgeting, forecasting and plant/product-wise financial planning.
• Prepare monthly costing MIS, plant performance and profitability reports for management.
• Work closely with Finance, Plant, Production, Procurement, SCM, Sales, R&D and Senior Management.
• Partner with ERP/IT teams for costing process improvement, master-data accuracy and reporting automation.

5+ years of experience in Manufacturing Finance / Costing

Manufacturing industry experience

Strong hands-on experience in Product Costing, Standard Costing & Manufacturing Costing

Strong understanding of BOM, RM, WIP, FG, overhead absorption & cost variances

Experience in Budgeting, Forecasting & Profitability Analysis

Strong analytical, business partnering and management presentation skills

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