GM Costing

Ontime Global; Mumbai; On-site; INR 4,000,000 - 8,000,000; Full time

Job summary

Ontime Global in Mumbai seeks a GM - Costing for the FMCG and Pharma sectors to drive profitability through strategic costing, data integration and leadership.

You will own budgeting, standard costing, SAP CO and COPA, monitor costs across departments, and provide timely, actionable insights to senior management.

The ideal candidate will align cost initiatives with overall business strategy, oversee SAP records, and champion cost-saving opportunities across products and SKUs.

Qualifications

• Experience in FMCG and/or Pharma cost management.
• Strong budgeting, standard costing and variance analysis.
• Proven ability to drive profitability through data-driven insights.
• Ability to interface with senior leadership for strategic decisions.

Responsibilities

• Set goals to improve profitability across the organization.
• Gather data from senior leadership and translate into strategic actions.
• Develop infrastructure to integrate departmental data for quick decisions.
• Oversee SAP records and monthly costing updates.
• Monitor budgetary controls and cost-saving opportunities.
• Analyze input costs and profitability of products/brands/SKUs.
• Identify process improvements and automation to reduce time and costs.

Skills

Costing

Budgeting

Profitability analysis

Strategic planning

SAP CO

SAP COPA

Interdepartmental collaboration

Tools

SAP CO

SAP COPA

Job description

Hi

Seema Saviyo Here

Currently iam hiring for Fmcg Industry for the position of

GM - COSTING : Mumbai

Industry Preferrred : FMCG And Pharma

EXP : 18 to 24 Yrs

Strategic role

• Goal setting for the organization in terms of profitability.
• Information/ data from the key stake holders (senior leadership) of the organization should be evaluated from the financial goal perspective of the organization.
• This information/data should be transformed into strategy to facilitate quick decision making of the organization.
• Help the Management to take quick decisions.
• Review the decision taken and keep Management informed if any deviation.

Infrastructural role

• He should build infrastructure which can integrate data from all the departments and, with the help of analytical tools, convert this data into information for quick decision making.

Accounting Role

• Cost accountants help to plan, budget and monitor performance
• Set standard unit costs and recommend appropriate cost-saving opportunities
• Understanding where a company is spending money as well as which products/ brands/ SKUs are profitable.
• Raising Red flags at the right time if costs are allocated over the budget.

Operational Role

• Maintaining the records in SAP
• Updating the SAP with the actual POs.
• Monthly updates as the legal requirements
• Provide factual Monthly costing updates
• Coordinating, implementing and monitoring budgetary controls.
• Computation of costs, feasibility analysis and profitability working of new products and new / special projects.

• Analysis of Data / Reports from SAP and managing SAP CO and SAP COPA module.
• Critical Analysis of Input Material Price.
• Review and assessment of Plant Costing operations.
• Define and operate stringent review mechanism on a regular basis.
• Working out process improvement / automation initiatives that would effect in time and cost efficiency results.

• Strong business and financial acumen to align results to overall business strategy and company financial goals.
• The ability to develop strategy from in-depth analysis.
• Proven success driving results and delivering return on investment to the company.

Comprehensive functional skills and a result driven approach