Manager - F&A Costing

Mahindra And Mahindra Ltd.; Chakan; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Mahindra and Mahindra Limited is seeking a Product Costing expert to support costing and material accounting functions in its Maharashtra operations. The candidate will perform material contribution and consumption analyses, BOM analytics, variance triggers, and validate BOM changes.

Role covers domestic and import parts analysis, cost of poor quality, and ongoing MIS reporting. The ideal candidate will bring Kaizen mindset, strong governance, and presentation skills to partner with business

Qualifications

• Bring some innovation in day to day working, Kaizen in daily operations
• Competent enough for business partnering and governance and compliance adherence
• Presentation skills

Responsibilities

• Product Costing expert and sound knowledge of material accounting
• Material contribution & consumption analysis (COP, COGS and analysis)
• BOM analytics and triggers to management for variances (rate, quantity, other variances)
• EN/BOM Changes validation and impact calculation
• Domestic & Import Purchase parts monthly analysis
• Analytics on rejections, force postings, Cost of Poor Quality
• Manufacturing & other Scrap Generation, Variance and Income analysis
• Conversion Cost working through system, routing, SKF maintenance and settlement of expenses
• New Product costing and profitability estimation
• Monthly Closing as per deadlines and identifying exceptional items in material and expenses, by way of proper analysis
• Periodic MIS to leadership team
• Inventory monitoring, control and Analytics on Inventory Reduction (In Plant and Vendor Aid Inventory)
• Non Moving and age-based inventory identification, develop strong MIS for its control and minimise obsolescence
• Perpetual Inventory /Annual Inventory, driving actions
• Digital and automation initiatives, RPA development, drive simplicity
• Periodic review of Standard SOPs, Policy documents and need based amendments

Skills

Innovation

Kaizen

Business partnering

Governance

Presentation

Education

ICWAI

Job description

• 1. Product Costing expert and sound knowledge of material accounting
• 2. Material contribution & consumption analysis. (COP, COGS and analysis)
• 3. BOM analytics and triggers to management for variances . (rate, quantity, other variances)
• 4. EN/BOM Changes validation and impact calculation
• 5. Domestic & Import Parchase parts monthly analysis.
• 6. Analytics on rejections, forceful postings., Cost of Poor Quality.
• 7. Manufacturing & other Scrap Generation, Variance and Income analysis.
• 8. Conversion Cost working through system, routing, SKF maintainence and settlement of expenses.
• 9. New Product costing and profitability estimation
• 10.Monthly Closing as per deadlines and identifying exceptional items in material and expenses, by way of proper analysis.
• 11.Periodic MIS to leadership team
• 12.Inventory monitoring , control and Analytics on Inventory Reduction (In Plant and Vendor Aid Inventory)
• 13.Non Moving and age-based inventory identification, develop strong MIS for its control and minimise the obsolesence
• 14.Perpetual Inventory /Annual Inventory, driving actions,
• 15.Digital and automation Initatives, RPA development, drive simplicity.
• 16.Periodic review of Standard SOPs, Policy documents and need based amendments.

Experience

5 to 7 years Post Qualification Experience

Qualifications

ICWAI

General Requirements

1. Bring some innovation in day to day working , Kaizen in daily operations
2.Competent Enough for Business partnering and governance and compliance adherence
3. Presentation skills

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.