Costing Manager

22 hours ago

Gurgaon, Haryana, India Campus Activewear Full time ₹ 20,00,000 - ₹ 25,00,000 per year

Role Overview:

This role involves managing and analyzing the cost of production for SFG inventory, ensuring accurate monthly cost reporting, and addressing variances in standard costing. Also involves preparing reports on overhead absorption, delivering timely updates to auditors, and spearheading cost-saving initiatives.

Key Responsibilities:

  • Tracking & Analysis of Item-wise Cost of Production for SFG Inventory Category.
  • Ensure the Monthly cost run of the SFG Inventory Category and analyse the reason for movement.
  • Review andanalyse the Variance GL and propose correction of the Standard costing logic.
  • Timely closure of month-end activities, which include: Consumables adjustment at manufacturing and WH locations, Inventory adjustment against stock count, Inventory Provisioning as per policy, and analysis requirement of adhoc provisions, Inventory Valuation consolidation of all SFG categories, Scrap Reconciliations Generation vs Sales & Closing stock, Rejection tracking and impact in P&L
  • Prepare and analyse under-absorption and over-absorption of factory overheads for SFG and FG Plants.
  • Ensure to provide timely information to Statutory & Internal Auditors and meet audit objectives.
  • Initiate and Drive cost-saving projects.

Education: Qualified CA

Experience: Minimum of 6 to 8 years of post-qualification experience, preferably in a manufacturing environment.

Skills and Knowledge: Strong expertise in cost analysis, budgeting, and financial reporting, with a solid understanding of manufacturing processes, cost structures, and industry standards. SAP experience is added advantage

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