Lead Costing

Shreeyam Power And Steel Industries; Gandhidham; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

Shreeyam Power And Steel Industries in India is seeking a Lead Costing & MIS to drive product costing, MIS reporting, budgeting, and financial analysis to support strategic decisions. The role collaborates with Production, Purchase, Stores, Sales, and Finance, prepares monthly forecasts and budgets, develops dashboards in SAP/Power BI, and ensures strong internal controls.

Candidates with CA/CMA and extensive experience in manufacturing costing will thrive in a fast-paced environment, with

Qualifications

• CA/CMA with relevant experience in costing and MIS.
• 15 years of experience in costing, MIS, budgeting, or management reporting.
• Experience in steel, metals, cement, power, engineering, or process industries preferred.
• Strong skills in budgeting, forecasting, financial statements, and business planning.

Responsibilities

• Prepare and maintain accurate product costing sheets, BOM costing, and cost estimates.
• Analyze manufacturing costs, identify cost drivers, and recommend cost optimization initiatives.
• Perform monthly cost variance analysis against budgets, standards, and actual performance.
• Prepare MIS reports with meaningful business insights (daily/weekly/monthly).
• Develop financial dashboards and reports for senior management.
• Coordinate with Production, Purchase, Stores, Sales, and Finance teams to validate cost data.
• Prepare monthly forecasts and monitor performance against forecasts.
• Support annual budgets, business plans, and financial projections.
• Conduct profitability analysis by product, customer, process, and segment.

Skills

CA / CMA

Costing

MIS

Budgeting

Forecasting

Financial Analysis

Power BI

SAP FI/CO/MM

Advanced Excel

Data Analytics

Stakeholder Management

Manufacturing Costing

Education

CA / CMA

Tools

SAP FI/CO/MM

Advanced Excel

Power BI

Job description

Job Title: Lead Costing & MIS

To manage costing, management information systems (MIS), budgeting, forecasting, and financial analysis to enable effective business decision-making. The role is responsible for ensuring accurate product costing, timely MIS reporting, budget monitoring, cost optimization, and strengthening financial controls while supporting overall business profitability.

Role & Responsibilities

• Prepare and maintain accurate product-wise costing sheets, BOM costing, and cost estimates.
• Analyze manufacturing costs, identify cost drivers, and recommend cost optimization initiatives.
• Perform monthly cost variance analysis against budgets, standards, and actual performance.
• Prepare daily, weekly, monthly, and management MIS reports with meaningful business insights.
• Develop financial dashboards and reports for senior management.
• Coordinate with Production, Purchase, Stores, Sales, and Finance teams to collect and validate cost-related data.
• Prepare monthly forecasts and monitor actual performance against forecasts.
• Support preparation of annual budgets, business plans, and financial projections.
• Conduct profitability analysis by product, customer, process, and business segment.
• Monitor departmental budgets and provide variance analysis with corrective action recommendations.
• Verify and approve vendor bills, debit notes, credit notes, journal vouchers, and financial documents in line with company policies.
• Assist in monthly, quarterly, and annual financial closing activities.
• Support statutory, internal, and cost audits by preparing schedules and reconciliations.
• Ensure compliance with accounting standards, internal controls, and financial governance.
• Identify opportunities for process automation and continuous improvement in costing and MIS functions.
• Develop and maintain reports in SAP, Excel, and other reporting tools.
• Present financial analysis and business performance reports to management for strategic decision-making.

Preferred Candidate Profile

• CA / CMA / with relevant experience.
• 515 years of experience in Costing, MIS, Budgeting, Financial Analysis, or Management Reporting in a manufacturing industry.
• Experience in Steel, Metals, Cement, Power, Engineering, or Process Industry will be preferred.
• Strong understanding of product costing, standard costing, inventory valuation, and variance analysis.
• Hands-on experience with SAP (FI/CO/MM) and advanced Microsoft Excel (Pivot Tables, Power Query, Power Pivot, Advanced Formulas, Dashboards).
• Knowledge of budgeting, forecasting, financial statements, and business planning.
• Good analytical, problem-solving, and financial modeling skills.
• Ability to interpret financial data and provide actionable business insights.
• Strong communication and stakeholder management skills with cross-functional teams.
• High attention to detail, accuracy, and commitment to timelines.
• Experience in developing MIS dashboards using Power BI or similar BI tools will be an added advantage.

Key Skills

• Product Costing
• Cost Control & Cost Optimization
• MIS Reporting
• Budgeting & Forecasting
• Variance Analysis
• Financial Analysis
• Business Planning
• SAP (FI/CO/MM)
• Advanced Excel
• Power BI (Preferred)
• Financial Statements
• Internal Controls
• Manufacturing Costing
• Data Analysis
• Business Analytics