Manager - Costing & MIS

Pallava Textiles; Erode; On-site; INR 5,00,000 - 8,00,000; Full time

Job summary

A leading textile manufacturer in Erode is seeking a qualified Chartered Accountant to oversee product costing, prepare Management Information System reports, and ensure compliance with financial regulations. The ideal candidate will have strong analytical skills and be proficient in Excel and Power BI, with 2-3 years of relevant experience in the textile sector.

Qualifications

• 2–3 years of experience in costing, budgeting, or MIS reporting preferred.
• Experience in manufacturing/textile sectors is a plus.

Responsibilities

• Oversee and manage all aspects of product costing.
• Prepare periodic MIS reports for management review.
• Conduct cost audits and suggest process improvements.
• Support internal and statutory audits with data.
• Collaborate with various departments for data accuracy.

Skills

Analytical skills

Proficiency in Excel

Power BI

Understanding of cost accounting

Communication skills

Attention to detail

Education

Chartered Accountant (CA)

Cost Accountant

Company Secretary

Tools

Excel

Power BI

ERP systems

Job description

Job Purpose

To oversee and manage all aspects of product costing, cost control, and preparation of Management Information System (MIS) reports for effective decision-making. The role requires a CA/CMA/CS with strong analytical and reporting skills to ensure accurate financial insights for management.

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Key Responsibilities

1. Costing & Budgeting

• Prepare and maintain standard cost sheets for all products and processes.
• Analyze material, labor, and overhead costs to determine product cost variance.
• Support in preparation of annual budgets and cost forecasts.
• Conduct cost audits and ensure alignment of actual costs with standard and budgeted costs.
• Evaluate cost-saving opportunities and suggest process improvements.

2. MIS Reporting

• Prepare periodic MIS reports (Weekly, Monthly) for management review.
• Develop dashboards summarizing key performance indicators (KPIs) such as production cost, sales, profit margins, and variance analysis.
• Provide detailed variance analysis between actual vs. budget vs. forecast.
• Consolidate financial and operational data for decision-making.
• Monthly working capital analysis, Funds flow analysis
• Automate and streamline MIS reporting processes using Excel / ERP tools (Power BI, OWN ERP, other tools).

3. Financial Analysis

• Perform cost-benefit analysis and profitability studies.
• Assist management in pricing strategy and margin analysis.
• Support business planning and strategic decisions with financial insights.
• Monitor working capital metrics like inventory, payables, and receivables.

4. Audit & Compliance

• Support internal and statutory audits with cost-related data and schedules.
• Ensure compliance with cost accounting standards (CAS) and applicable financial regulations.
• Maintain proper documentation of costing and MIS processes.

5. Coordination

• Liaise with production, purchase, and sales departments to gather accurate cost and operational data.
• Collaborate with plant and finance teams to ensure data accuracy in ERP.

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Required Qualifications

• Chartered Accountant (CA) Qualified or Cost Accountant or Company Secretary
• 2–3 years of experience in costing, budgeting, or MIS reporting (Preferably in manufacturing / Textile Sectors).

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Skills & Competencies

• Strong analytical and numerical skills.
• Advanced proficiency in Excel, Power BI, and ERP systems
• Good understanding of cost accounting principles and financial analysis.
• Excellent communication and presentation skills.
• High attention to detail and accuracy.
• Ability to work under pressure and meet deadlines.