Costing Operations Manager

4 days ago

Jamshedpur, Jharkhand, India beBeeCosting Full time ₹ 16,95,000 - ₹ 25,10,000
Job Title: Costing Operations Manager

Overview:

We seek a skilled professional to lead our costing operations. The ideal candidate will have extensive experience in accounting, finance, and costing, with exceptional analytical and problem-solving skills.

Responsibilities:

  • Plant Accounting & Financial Management:
    • Responsible for plant accounting, budgetary control, management information systems (MIS), sales accounting, and commercial functions
    • Handle employee-related accounts, statutory compliance, and insurance matters
    • Prepare annual budgets and forecast financials
    • Manage the reconciliation and ageing of stock, debtors, and creditors
    • Maintain the fixed asset register and calculate depreciation
    • Deal with excise, tax deductions at source (TDS) matters, and the consolidation of final accounts
  • Costing & Product Analysis:
    • Prepare estimated cost sheets for marketing purposes
    • Prepare actual cost statements for work-in-progress (WIP) and finished goods
    • Perform stock valuation for WIP and finished goods
    • Handle product costing and bill of materials (BOM) finalization on a monthly basis
    • Conduct material consumption reconciliation and cost vs standard cost analysis
    • Perform monthly analysis of material yield and variances
  • Inventory Management:
    • Conduct ABC analysis and evaluate non/slow-moving, excess, and obsolete inventory
    • Monitor physical stock verification on a regular basis
    • Value monthly inventory (FG/SFG/WIP) for balance sheet purposes
    • Prepare inventory obsolescence reports and working capital requirement documents
    • Implement inventory control measures and optimize reorder levels
  • SAP Monthly Closing & MIS:

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