Cost Manager

3 days ago

Silvassa, Dadra and Nagar Haveli, India Resource Algorithm Full time

Key Responsibilities:

  • Cost Management & Analysis:
  • Oversee the cost accounting function to ensure accurate calculation of product costs, manufacturing overheads, and cost of goods sold (COGS).
  • Perform detailed cost variance analysis, identify cost reduction opportunities, and provide recommendations to management for process improvements.
  • Develop and maintain standard costing systems, ensuring accuracy in cost allocation for materials, labor, and overheads.
  • Budgeting & Forecasting:
  • Prepare comprehensive cost budgets, ensuring they align with the company's financial goals and strategic objectives.
  • Regularly update and forecast costs based on business dynamics, collaborating with key departments for timely inputs.
  • Monitor expenditure against budgeted figures and take corrective action where necessary.
  • Cost Reporting:
  • Provide regular and detailed costing reports, including standard Vs Actual variance analysis and insights on cost trends.
  • Present findings to senior management, highlighting key cost drivers and offering actionable recommendations for improvement.
  • Inventory Management:
  • Ensure accurate inventory valuation for raw materials, work-in-progress (WIP), and finished goods using appropriate costing methods.
  • Implement robust processes to minimize inventory obsolescence, improve inventory turnover, and ensure accurate inventory records.
  • Perform inventory revaluation
  • Internal Controls & Compliance:
  • Ensure adherence to accounting standards, financial regulations, and internal controls related to costing, inventory, and financial reporting.
  • Assist with internal and external audits by providing accurate and comprehensive costing and inventory data.
  • Process Improvement:
  • Continuously assess costing methods and accounting processes to identify and implement improvements for enhanced efficiency and accuracy.
  • Develop and integrate new systems or tools for better cost tracking, data analysis, and reporting.
  • Cross-Functional Collaboration:
  • Collaborate with production, procurement, and supply chain teams to gather relevant data for cost tracking and forecasting.
  • Provide cost insights for pricing decisions, product profitability analysis, and overall business strategie

Qualifications & Requirements:

  • Education:
  • Institute of Cost and Works Accountants (ICWA) certification is required.
  • CA
  • Experience:
  • Minimum 8-10 years of experience in cost accounting, costing management, or financial analysis in a manufacturing or production environment.
  • Proven expertise in managing costing systems, preparing budgets, performing variance analysis, and generating detailed cost reports.
  • Experience in using ERP systems such as SAP, Oracle, or similar financial management software is highly desirable.
  • Skills:
  • Strong knowledge of SAP environment. cost accounting principles, financial regulations, and reporting.
  • Advanced proficiency in Microsoft Excel, including macros.
  • Strong analytical and problem-solving abilities.
  • Ability to communicate complex financial data clearly to non-financial stakeholders.
  • Excellent organizational, time-management, and multi-tasking skills.
  • Personal Attributes:
  • High attention to detail and accuracy.
  • Strong communication, interpersonal, and leadership skills.
  • Ability to work independently and as part of a collaborative team in a fast-paced environment.

Proactive and results-driven with a commitment to continuous improvement

  • Senior Cost Accounting Manager

    1 week ago

    Silvassa, Dadra and Nagar Haveli, India beBeeFinancial Full time ₹ 1,50,00,000 - ₹ 2,50,00,000

    Cost Accounting SpecialistWe are seeking a skilled Cost Accounting Specialist to join our team. This individual will be responsible for overseeing the cost accounting function, ensuring accurate calculation of product costs, manufacturing overheads, and cost of goods sold (COGS).Key Responsibilities:Manage costing systems to ensure accuracy in cost...

  • Financial Analyst and Manager

    1 week ago

    Silvassa, Dadra and Nagar Haveli, India beBeeCostAccountant Full time ₹ 1,04,000 - ₹ 1,30,878

    Key Responsibilities:Cost Management and Analysis: Oversee the cost accounting function to ensure accurate calculation of product costs, manufacturing overheads, and cost of goods sold (COGS).Perform detailed cost variance analysis, identify cost reduction opportunities, and provide recommendations for process improvements.Develop and maintain standard...

  • Production Manager

    4 days ago

    Silvassa, Dadra and Nagar Haveli, India Systematic group of companies Full time ₹ 40,000 - ₹ 7,00,000 per year

    Job Title: Production Manager – Galvanized WireDepartment: ProductionWe are seeking an experienced Production Manager with a strong background in Galvanized (GI) Wire manufacturing and wire industry processes.Key Responsibilities:Oversee day-to-day production operations of GI Wire manufacturing.Ensure quality control as per industry and customer...

  • Production manager

    21 hours ago

    Silvassa, Dadra and Nagar Haveli, India Global Wind Power Limited ( Reliance Energy, Ada Group) Full time ₹ 15,00,000 - ₹ 28,00,000 per year

    Experienced production leader with a strong background in managing large-scale manufacturing operations for wind tower components. Skilled in overseeing end-to-end production processes, from planning and resource allocation to quality control and on-time delivery. Focused on driving efficiency, safety, and cost optimization while meeting strict industry...

  • Business Intelligence Manager

    1 week ago

    Silvassa, Dadra and Nagar Haveli, India beBeeData Full time ₹ 10,84,000 - ₹ 15,56,000

    Job Overview">About Our Organization:Our company is a leading provider of innovative and effective products and solutions to customers globally.We are a pioneer in the industrial packaging sector with a long history of customer-focused innovations in materials, processes, and automation technology that have revolutionized the sector. We bring together our...

  • Production Manager

    4 days ago

    Silvassa, Dadra and Nagar Haveli, India Systematic Group Full time ₹ 15,00,000 - ₹ 28,00,000 per year

    Job Title:Production Manager – Galvanized WireDepartment:ProductionWe are seeking an experienced Production Manager with a strong background inGalvanized (GI) Wire manufacturingand wire industry processes.Key Responsibilities:Oversee day-to-day production operations of GI Wire manufacturing.Ensure quality control as per industry and customer...

  • Production Management Leader for Packaging Plants

    5 days ago

    Silvassa, Dadra and Nagar Haveli, India beBeeLeadership Full time ₹ 75,00,000 - ₹ 1,50,00,000

    Packaging Industry Plant Manager Job OpportunityThe ideal candidate will oversee the offset division, ensuring optimal performance of machines such as the 6-color Heidelberg and automatic punching/pasting machine. This role involves planning, staff management, quality approval, dispatch, and cost reduction.

  • MIS Financial Analyst

    2 weeks ago

    Silvassa, Dadra and Nagar Haveli, India beBeeFinancial Full time ₹ 80,00,000 - ₹ 2,00,00,000

    Job Opportunity: Assistant Manager MISWe are seeking a skilled and experienced professional to fill the role of Assistant Manager MIS. As a key member of our team, you will be responsible for management information reporting, month-end closing activities, data analysis, preparation of annual plans, monthly outlooks, reforecasts, and monthly...

  • Packaging Industry Plant Manager

    2 weeks ago

    Silvassa, Dadra and Nagar Haveli, India beBeePlantManager Full time ₹ 90,00,000 - ₹ 1,50,00,000

    Job Summary">">Manage a team of 35 staff members, overseeing the planning and utilisation of machines, including a 6 colour Heidelberg and an automatic punching + pasting machine.">">Key Responsibilities">">Supervise daily operations, ensuring timely completion of jobs and maintaining high quality standards.">Plan and implement cost reduction initiatives to...

  • IDT Transformer PPC Manager

    6 days ago

    Silvassa, Dadra and Nagar Haveli, India KRYFS - Hamesha Kaizen Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Company DescriptionKRYFS Power Components Ltd. is a prominent leader in electrical steel processing and transformer manufacturing in India, established in 1991. Specializing in energy-efficient transformers and CRGO electrical steel processing, KRYFS serves as the country's largest independent processor. Our state-of-the-art facilities and ISO-certified...