Sr Manager/AGM/DGM

3 weeks ago

Aurangabad, Maharashtra, India Corenza Full time

About Company

The company designs advanced material layers used in everything from vehicles to modern architecture, offering protection, comfort, and energy efficiency. Known for its cutting-edge processes and global presence, it delivers high-performance solutions that stand out for their reliability and smart functionality.

Overview:

We are seeking a seasoned Costing and Pricing Specialist to take a pivotal role in overseeing all aspects of costing, cost analysis, and pricing strategy. The role will be integral to determining product pricing, analyzing cost structures, and driving process improvements to support the organization's financial and strategic goals.

Key Responsibilities:

1. Costing and Cost Analysis


• Maintain and update costs in SAP systems.


• Analyze and document costs related to materials, labor, and overhead expenses.


• Develop and maintain accurate cost databases.
• Identify cost-saving opportunities and recommend process improvements.


• Monitor cost variances and collaborate with business units to mitigate discrepancies.
• Prepare and support cost audits.

2. Pricing Strategy


• Perform pricing simulations to forecast revenue and margin impacts.


• Monitor market trends, competitor pricing, and customer demands.

3. Data Management & Reporting


• Generate detailed cost and pricing reports for internal stakeholders.


• Provide updates on cost structures, pricing adjustments, and their financial implications.


• Ensure compliance with company policies and regulatory standards in cost and pricing decisions.

4. Collaboration


• Work closely with finance, sales, procurement, and production teams to align pricing strategies with business objectives.


• Support sales teams in customer negotiations by providing cost and pricing insights.


• Participate in weekly performance meetings and quarterly reviews with the sales team.

5. Process Optimization


• Develop and maintain pricing tools, models, and systems to enhance workflows.


• Establish and promote best practices in cost and pricing management.


• Prepare and present monthly management reports to communicate division, plant, sales, and product performance effectively.

6. Financial Reporting & Compliance


• Calculate and analyze product costs, including direct materials, labor, and overheads.


• Prepare financial reports such as COGS (Cost of Goods Sold) statements.


• Ensure timely completion of cost audit reports and statutory and tax audits.

7. Inventory Management


• Monitor inventory levels and ensure accurate valuations through regular cycle counts.


• Address potential inventory discrepancies proactively.

8. Budgeting and Forecasting


• Support the annual budgeting process by providing accurate cost data and forecasts.


• Update budget projections based on production volumes and market dynamics.

Education : CMA/CWA or CA is mandatory.

Experience : 15 years of experience in costing roles within industries like automotive, pharmaceuticals, or other high-volume manufacturing environments.

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