Deputy Manager
3 days ago
Job Description:
Job Title: Deputy Manager / Manager – Costing
Location: Bhopal (Head Office)
Department: Finance & Accounts – Group Costing
To lead and manage the entire costing function of the SOM Distilleries Group, ensuring accurate product costing, variance analysis, cost control, and MIS reporting to support strategic and operational decision-making.
Key Responsibilities:Oversee and manage end-to-end costing activities for the entire SOM Group (multiple units, plants, and products).
Prepare and monitor product-wise, plant-wise, and region-wise costing statements and profitability reports.
Conduct variance analysis (standard vs. actual cost, budget vs. actual) and highlight deviations with actionable insights.
Establish and monitor cost control mechanisms to optimize raw material, packaging, and overhead expenses.
Support annual budget preparation and provide cost-related inputs for strategic planning.
Coordinate with production, procurement, and finance teams for cost validation, inventory valuation, and reconciliation.
Develop and implement standard costing systems, cost allocation methods, and internal controls across the group.
Ensure timely preparation of MIS reports and present costing analysis to senior management for decision-making.
Lead and guide a small team of costing executives/analysts for smooth functioning.
Ensure compliance with statutory requirements and accounting standards (IND-AS / Companies Act / Excise norms).
Strong expertise in costing, MIS, and variance analysis.
In-depth knowledge of standard costing systems, SAP/ERP (preferably SAP FICO/CO module).
Analytical mindset with excellent presentation and reporting skills.
Strong business acumen and ability to work cross-functionally.
Leadership and team management skills.
Experience in group-level costing consolidation will be preferred.
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