Cost Manager

2 weeks ago


Bengaluru, Karnataka, India Domnic Lewis Full time

Job Title: Costing Manager

A renowned MNC client is seeking a seasoned professional to lead its cost management function.

Key Responsibilities:

  • Provide timely financial insights and analysis to inform business decisions.
  • Lead the development of best practices in cost analysis, financial reporting, and process standardization within the Hybrid Costing COE.
  • Collaborate with stakeholders to understand their objectives and develop financial strategies that support short- and long-term goals.
  • Optimize SAP systems for efficiency and utilize SAP Material Ledger for accurate cost accounting.
  • Drive predictive and prescriptive analytics using innovative methodologies and statistical techniques to scale up financial insights.
  • Mentor and develop a high-performing finance team, fostering a collaborative work environment.
  • Ensure deliverable accuracy through effective review mechanisms.
  • Manage stakeholder relationships and drive global projects to optimize financial processes.
  • Implement business continuity plans, cross-training, and standardization to enhance process efficiency and resilience.
  • Leverage data analytics tools such as PowerBI and Tableau to extract insights and present findings to senior management.

Decision Making Authority:

  • Medium

Accountability Metrics:

  • Team Efficiency and Development
  • Stakeholder Satisfaction and Clarity of Communication
  • Data-Driven Insights Metrics
  • Strategic Contribution to Standardization and Efficiency
  • Technology and Tools Utilization

The ideal candidate will build strong relationships and trust with Operations Finance Leaders and Plant Managers, maintaining regular touchpoints to stay aligned with evolving priorities. They will provide stakeholders with valuable, predictive insights and deliver consistent, high-quality inputs across the organization.

Key Stakeholders:

  • Global Operations Finance Leaders
  • Plant Controllers and Cost Accountants
  • IT and SAP Teams
  • Corporate Finance Functions (e.g., Treasury, Controllership)
  • Business Unit Leaders and Operations Managers

Travel Requirements:

Up to 10% (dependent on management decision).

Qualifications:

The following are required for the role:

Basic Qualifications:

  • Qualified CMA with a minimum of 12+ years of overall experience in a product-based manufacturing company, including 5+ years of leadership experience managing a dynamic team of finance professionals in a Global Shared Service environment.
  • Proficiency in SAP systems, specifically Material Ledger Accounting and cost management in a manufacturing environment.
  • Demonstrated experience in managing teams, with a track record of fostering strong partnerships with global stakeholders.

Preferred Qualifications:

  • SAP & BW knowledge
  • Extensive experience in operations finance within a shared services model, supporting global manufacturing plants.
  • Working knowledge of TABLEAU, PowerBI, and other relevant tools.

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