Job Description

Position Summary

We are seeking a highly experienced

Senior Cost & Financial Analyst

with 15+ years of progressive responsibility in cost accounting, financial analysis, and strategic business support. This role is pivotal in driving financial insight, improving cost efficiency, and supporting decision-making across the enterprise. The ideal candidate will have deep expertise in standard costing, variance analysis, and ERP systems, with a strong ability to influence stakeholders across finance, manufacturing, logistics, supply chain, and commercial functions.

Key Responsibilities

Lead strategic cost analysis

initiatives to support key business decisions, profitability assessments, and long-term planning. Oversee and mentor Cost Analysts/Specialists in developing and maintaining standard product costs, ensuring alignment with corporate policies and best practices. Manage

end-to-end cost modeling

for new and existing products, including new product introduction (NPI), Original Equipment (OE), and aftermarket costing. Conduct advanced

variance analysis

(purchase price, production, logistics, and overhead variances) and present actionable insights to leadership. Provide in-depth analysis of

product master data

, cost drivers, and supply chain impacts to drive cost optimization strategies. Partner with Commercial and Marketing teams to assess

product profitability, pricing strategies

, and margin improvement opportunities. Play a key role in the

annual standard cost setting process

, ensuring robust governance and cross-functional alignment. Develop and execute complex

test cases and validation scenarios

for ERP or cost system enhancements; ensure interface accuracy and integrity of financial systems. Deliver timely and accurate cost reporting, including

month-end and year-to-date variance analysis

vs. budgets, forecasts, and prior year. Support the

financial forecasting and budgeting process

with detailed cost input and sensitivity analysis. Champion

continuous improvement

by identifying opportunities to enhance cost accounting processes, tools, and reporting capabilities. Communicate complex cost insights to senior management and cross-functional stakeholders through clear, data-driven presentations.

Qualifications & Skills

Bachelor's degree in

Accounting, Finance

, or a related field;

Cost Accounting Certification (e.g., CMA)

highly preferred. Minimum

15 years of progressive experience

in cost accounting, financial analysis, or manufacturing finance roles. Demonstrated expertise in

standard costing, variance analysis

, and cost control in a manufacturing or industrial environment. Strong proficiency with

ERP systems

(e.g., SAP, Oracle, or equivalent) and financial planning/reporting tools. Proven experience working in

cross-functional environments

, influencing stakeholders in manufacturing, supply chain, sales, and marketing. Excellent

analytical and problem-solving

skills with a deep understanding of product and operational cost drivers. High level of

accuracy, attention to detail

, and ability to manage multiple priorities under tight deadlines. Strong

communication and presentation

skills, with the ability to translate financial data into actionable business insights.
Job Type: Full-time

Pay: Up to ₹500,000.00 per year

Location:

Fort, Mumbai, Maharashtra (Preferred)
Work Location: In person