Manager - Costing (Cost & Management Accountant)

2 days ago

Navi Mumbai, Maharashtra, India Nicheforge Full time ₹ 20,00,000 - ₹ 25,00,000 per year

Role Overview

We are seeking a highly skilled and detail-oriented Cost & Management Accountant to join our manufacturing organization. The role requires a professional with strong expertise in cost accounting, audit, budgeting & MIS, inventory management, and internal controls. The incumbent will ensure accurate financial and costing information, provide insights for decision-making, strengthen governance, and drive cost optimization initiatives across the organization.

This is a dual-profile role, combining accounting responsibilities with cost & management accounting and internal control oversight.

Key Responsibilities

1. Cost Analysis, Reporting & Control

  • Prepare product-wise cost sheets, job-work cost analysis, and BOM costing.
  • Perform variance analysis (material, labor, overhead etc.) and present actionable insights.
  • Prepare monthly costing Profit & Loss Account and product contribution margin analysis.
  • Support management in pricing, investment evaluation, and make-vs-buy decisions.
  • Drive cost reduction initiatives by monitoring key cost drivers and collaborating with vendors and operations.

2. Budgeting, MIS & Internal Controls

  • Prepare and monitor annual budgets, rolling forecasts, and profitability statements.
  • Deliver accurate and timely MIS reporting, highlighting operational and financial performance against targets.
  • Establish, monitor, and periodically test robust internal controls across costing, accounting, inventory, and plant operations.
  • Design and implement control checklists, compliance monitoring tools, and audit-ready documentation.
  • Proactively identify process gaps and risks, recommend corrective/preventive measures, and ensure strict adherence to SOPs and policies.
  • Lead as the first line of defense against financial inaccuracies, leakages, and non-compliance by ensuring effective internal checks.
  • Act as key liaison for internal audits, ensuring thorough resolution of audit observations and embedding stronger controls.

3. Inventory & Stock Management

  • Accurately value RM,  WIP, and finished goods inventory in compliance with accounting and cost standards.
  • Oversee monthly physical verification, stock reconciliations, and stock variance reports for management.
  • Develop stock-related reports (plant stock statements, ageing reports, slow/non-movers, and inventory holding reports).
  • Collaborate with procurement and operations for stock optimization, reduced carrying costs, and improved working capital utilization.

4. General Accounting & Compliance

  • Ensure timely recording of financial transactions as per Ind AS.
  • Support monthly and annual book closures, reconciliations, and accurate reporting.
  • Prepare and provide schedules for cost audits, statutory audits, ensuring compliance with all regulatory requirements.
  • Continue strengthening financial governance through internal control frameworks.

Qualifications & Skills

  • Educational Background:
  • Bachelors Degree in Commerce/Accounting/Finance (B.Com / M.Com).
  • Qualified Cost and Management Accountant (CMA) – ICMAI or Chartered Accountant (CA)
  • Experience:
  • 5–8 years in the manufacturing industry in costing, MIS, internal controls, and audit support.
  • Technical Skills:
  • ERP systems (SAP preferred, costing & manufacturing module).
  • MS Excel (advanced level—pivot, lookups, automation & AI tools).
  • Knowledge of Ind AS, Cost Accounting Standards, Taxation, and Internal Control frameworks (IFC exposure preferred).

  • Costing Manager

    2 days ago

    Navi Mumbai, Maharashtra, India Adcc Full time ₹ 6,00,000 - ₹ 18,00,000 per year

    Position Title: Manager Finance & AccountsDepartment: Finance & AccountsReporting To: Managing DirectorLocation: MumbaiQualification: CA/MBA-Finance with commerce backgroundExperience: 5-10 yearsPurpose of the Role:This role will be responsible for designing, developing, and maintaining MIS reports and dashboards to support various departments such as...

  • Cost Accountant – Product Costing

    3 days ago

    Mumbai, Maharashtra, India Faze Three Limited Full time ₹ 2,50,000 - ₹ 7,50,000 per year

    Company DescriptionFaze Three Limited, established in 1985, is a publicly listed company on the Bombay Stock Exchange. The company specializes in manufacturing and exporting high-quality home textiles, cotton handlooms, furnishing fabrics, and made-ups. With nearly four decades of industry leadership, Faze Three Limited is recognized for its innovation,...

  • Cost Accountant

    1 week ago

    Mumbai, Maharashtra, India Jobbo Full time ₹ 12,00,000 - ₹ 18,00,000 per year

    Dear Candidates,Greetings from Infinity Career ConnectWe are hiring Cost Accountant for a reputed organization leading in FMCG industry.Job Summary:We are seeking a proactive and detail-oriented Cost Accountant to join our team, focusing on cost reduction initiatives. The ideal candidate will have min 2-4 years of experience in Cost Reduction Area and will...

  • Cost Manager

    4 days ago

    Mumbai, Maharashtra, India Turner & Townsend Pty Limited Full time ₹ 12,00,000 - ₹ 24,00,000 per year

    Company DescriptionTurner & Townsend is a global professional services company with over 22,000 people in more than 60 countries.Working with our clients across real estate, infrastructure, energy, and natural resources, we transform together delivering outcomes that improve people's lives. Working in partnership makes it possible to deliver the world's most...

  • Product Costing

    2 days ago

    Navi Mumbai, Maharashtra, India Skillventory Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Roles & Responsibilities:Serve as the Subject Matter Expert in Product Costing, providing guidance and oversight across global sites.Ensure global compliance with financial reporting standards.Collaborate with Corporate Controlling and Shared Service Center to enhance financial processes and controls.Standardize and improve monthly reporting, cost center and...

  • Assistant Costing Manager

    2 weeks ago

    Mumbai, Maharashtra, India Ashish Life Science Full time ₹ 5,00,000 - ₹ 15,00,000 per year

    Role & responsibilitiesCollect, analyze, and report on cost accounting data, including production costs, labour, raw materials, overheads, and other operational expenses.Inventory valuationMaintenance of costing and pricing module in SystemGeneration of price list on a quarterly basisPrepare and maintain standard cost reports, conduct variance analysis...

  • Senior Cost Accountant

    2 days ago

    Mumbai, Maharashtra, India THE HOUSE OF ABHINANDAN LODHA (HOABL) Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Position OverviewThe Senior Cost Accountant will play a pivotal role in supporting the financial management of real estate development and plotted land projects. This position is responsible for analyzing, tracking, and reporting project costs, ensuring accurate budgeting, and providing actionable insights to optimize cost efficiency and profitability. The...

  • DGM Financial Costing

    6 days ago

    Mumbai, Maharashtra, India Symbiosis Management Consultants Full time ₹ 20,00,000 - ₹ 25,00,000 per year

    Designation : Financial Costing & Analysis - DGMJob Description:Key Responsibilities:1. Costing and Contribution Analysis:Lead the costing function of Farm division having multiple plantsLead and oversee the preparation and review of contribution workings, product costing, inventory valuation, and cost variance analysis.Identify cost-saving opportunities...

  • Senior Cost Manager

    4 days ago

    Mumbai, Maharashtra, India Turner & Townsend Pty Limited Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Company DescriptionTurner & Townsend is a global professional services company with over 22,000 people in more than 60 countries.Working with our clients across real estate, infrastructure, energy, and natural resources, we transform together delivering outcomes that improve people's lives. Working in partnership makes it possible to deliver the world's most...

  • Executive Cost Manager

    2 weeks ago

    Mumbai, Maharashtra, India Gleeds Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Company Introduction:Gleeds is a global property and construction consultancy with over 150 years of expertise, operating in 28 countries worldwide. From iconic landmarks to critical infrastructure, we drive innovation, sustainability and value, delivering transformative projects that shape communities and redefine the built environment.Job...