Manager Plant Costing

3 days ago


Bengaluru, Karnataka, India Jindal Aluminium Full time ₹ 15,00,000 - ₹ 25,00,000 per year

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.

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