
Manager Plant Costing
3 days ago
Role & responsibilities
Costing & Analysis
- Oversee preparation and validation of product costing sheets for all plant-manufactured items (extrusions, rolled products, castings, alloys, etc.).
- Monitor and analyze raw material costs (metals, scrap, alloys), utilities (power, gas, water), direct/indirect labor, depreciation, and overhead allocation.
- Conduct variance analysis between standard cost, actual cost, and budget; report deviations to management with corrective action plans.
- Review costing for new product development (NPD), tenders, and quotations, ensuring competitive and profitable pricing.
Budgeting & MIS
- Lead plant-level budgeting and forecasting exercises related to cost and production.
- Generate monthly MIS reports on cost performance, profitability, and efficiency for senior management.
- Work closely with finance and operations to ensure accurate period-end closing, WIP valuation, and inventory costing.
Process Improvements
- Identify opportunities for cost reduction and efficiency improvement in production and supply chain.
- Implement best practices in cost accounting systems, ERP usage, and data management.
- Ensure compliance with CMA / ICWA standards, statutory norms, and internal audit controls.
Leadership & Collaboration
- Manage a small team of costing executives and analysts.
- Partner with plant head, finance, production, procurement, and quality teams to provide cost insights for decision-making.
- Act as a key liaison between plant finance and corporate finance teams.
Preferred candidate profile
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