Costing Manager

6 days ago


New Delhi, India Ashish Life Science Pvt Limited Full time

Designation : Assistant Manager CostingEducation/Other requirements: ( MANDATORY)Cost & Management Accountant (CMA) or pursuing Cost & Management Accountant (CMA)Location : Andheri West , LokhandwalaJob Description/ Key Responsibilities:- Collect, analyze, and report on cost accounting data, including production costs, labour, raw materials, overheads, and other operational expenses. - Inventory valuation - Maintenance of costing and pricing module in System - Generation of price list on a quarterly basis - Prepare and maintain standard cost reports, conduct variance analysis (comparing actual costs to standard/budgeted costs), and identify discrepancies. - Generate periodic (Monthly, quarterly, annual) cost forecasts and budgeting reports for the company and individual departments/business units. - Prepare & review of plant & Subsidiary MIS - Analyze and report on profit margins for various products. - Preparation of product costing of new formulation and updating of existing on timely manner - Review of cost and assist Business development team for price revision on timely manner - Research and analyze material costs, production processes, and operational expenditures to identify cost-saving opportunities and recommend solutions. - Continuously monitor and improve accounting processes and systems to streamline and enhance the accuracy and efficiency of financial reporting. - Provide ad-hoc financial analysis and detailed reports as required by management. - Proactively identify opportunities for process enhancements, automation of cost calculations, and implementation of tools to streamline cost reporting procedures. - Provide financial insights and recommendations to improve operational efficiency and profitability. - Stay updated with industry trends, cost optimization strategies, and advanced cost accounting methodologies. - Assist with financial analysis and forecasting for new projects, investments, or business opportunities.


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