Manager- Costing

Mahindra And Mahindra Ltd.; Mumbai; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

Mahindra and Mahindra Limited is seeking a qualified Cost Analyst with 5–7 years of experience in automotive or manufacturing sectors to conduct detailed BOM cost analysis and assess its impact on product contribution margin. The role emphasizes rigorous financial analysis and cross-functional collaboration.

Responsibilities include evaluating BOM purchase costs, fixed cost reductions, productivity improvements, rework costs, and inter-company pricing, while driving cost efficiency and

Qualifications

• CMA/CA/ICWAI qualification mandatory.
• Strong analytical skills and domain knowledge.
• Team player, composed, and able to meet deadlines.

Responsibilities

• Perform detail BOM cost analysis and assess impact on product contribution margin.
• Analyze purchase cost for BOM items and its effect on product margins.
• Analyze cost drivers: fixed cost reduction, productivity improvements, and rework costs.
• Oversee inventory management costs, including non-moving and obsolescence costs.
• Coordinate pricing with inter-company/related parties as needed.
• Identify cost-reduction levers and monitor investments in bought-out components.
• Assist in cost allocation and pricing of new products.

Skills

Analytical skills

CMA/CA/ICWAI

Education

CMA/ CA / ICWAI

Job description

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Detail analysis of BOM on regular basis and its impact on product wise contribution margin
In depth analysis of purchase cost for BOM items on regular basis and its impact on product wise contribution margin
Detail analysis of forceful consumption, cost centre consumption, scrap, process loss, product wise yield etc
Conversion cost:

Cost centre, Production unit and plant wise capacity utilisation
Evaluation of off loading / In loading proposals
Reduction in fixed cost / Improvement in productivity/ Analysis of rework cost
Inventory Management:

Category wise inventory levels, Inventory turn over ratios etc.
Non moving inventory of Finished goods, Direct Material and Indirect material
Obsolete inventory and its impact on P&L
Inventory carrying cost
Part wise contribution analysis for spares - price increase working

Pricing of Inter-company / related party transactions.

Identifying cost reduction lever

Monitoring utilization of investments on bought out components

Business wise alloction of costs

Pricing of New product

Experience

5 to 7 years

Industry Preferred

Any Automotive or component manufacturing company or other manufacturing company
John Deere, Tata motors, Tafe, etc.

Qualifications

CMA/ CA / ICWAI

General Requirements

Good analytical skills, Domain knowledge expert, Team player, composed nature, ability to work with deadlines.

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.