Job Description

. Costing & Profitability Analysis

Prepare and analyze standard and actual product costs for raw materials, packaging, and finished goods. Conduct variance analysis (material, labor, overhead) and suggest corrective actions. Monitor cost of goods sold (COGS), consumption of raw materials, semi-finished goods, packing materials, fuel, contribution margins, and profitability by product line or SKU.

2. Inventory Valuation & Control

Maintain accurate valuation of inventories, including raw materials, WIP, and finished goods in ERP. Collaborate with store and production teams to ensure timely stock reconciliations and adjustments. Participate in physical inventory counts and support internal/external audits.

3. Budgeting & Forecasting

Assist in preparing annual plant budgets and rolling forecasts related to manufacturing costs. Track cost performance against budgets and provide variance analysis with actionable insights.

4. ERP & Data Management

Ensure timely and accurate cost entries, BOM updates, and consumption reporting in the ERP system. Generate cost reports, dashboards, and KPIs for leadership review. Improve ERP-driven costing processes and data integrity.

5. Cross-Functional Collaboration

Work closely with Production, Procurement, Quality, and Finance teams to monitor and control factory costs. Recommend cost-saving opportunities and drive implementation of cost efficiency measures. Support finance team by submitting accurate data for monthly, quarterly, and annual closing activities.

6. Implementation of SOP at all Plants, Warehouses & Depots

Guide teams and implement company SOPs for capturing real-time costs. Act as custodian of records prepared by procurement, stores, production, packing, and dispatch teams as per company policy and formats. Ensure accurate data is captured in systems on a real-time basis and nothing is overlooked. Reconcile system stocks with physical stock statements & highlight discrepancies or variations. Regularly study BOMs and identify gaps between actual and standard consumption. Ensure wastages/scrap sales are correctly documented & captured in the system. Ensure stock transfers between departments/group companies are captured in the system. Visit PAN India plant locations to ensure processes are implemented and followed by all teams. Conduct vendor audits & job worker audits as per company policy.

Qualifications & Requirements

Education & Experience:

Bachelor's degree in Commerce, Finance, Accounting, or related field. Professional certification such as CMA / CPA / ICWA is highly preferred. Minimum 3-7 years of experience in cost accounting, inventory management, or finance in a manufacturing environment. Experience with ERP systems (SAP, Oracle, Tally, or equivalent) is required.

Skills & Competencies:

Strong analytical and problem-solving skills with attention to detail. Good understanding of manufacturing processes, cost structures, and inventory management. Proficiency in MS Excel, including advanced formulas, pivot tables, and data analysis. Excellent communication and interpersonal skills to work across teams. Ability to work independently, prioritize tasks, and meet deadlines.
Job Type: Full-time

Pay: ₹304,393.93 - ₹650,000.00 per year

Benefits:

Health insurance Leave encashment Paid sick time Paid time off Provident Fund
Work Location: In person