Manager - Costing

1 week ago


Chennai, Tamil Nadu, India Refex Industries Full time ₹ 15,00,000 - ₹ 25,00,000 per year

Role & responsibilities

Cost Sheet Analysis:

1. Develop and maintain accurate cost sheets for products/services, including direct and indirect cost components.

2. Conduct detailed analysis of costs to identify cost-saving opportunities and recommend optimization strategies.

3. Track and update costs for raw materials, labor, overhead, and other expenses in real-time.

4. Collaborate with procurement and production teams to ensure cost efficiency in sourcing and manufacturing.

5. Compare actual costs with budgets/estimates and investigate variances to propose corrective actions.

Business Finance:

1. Prepare financial forecasts, budgets, and cash flow reports to support business planning.

2. Provide insights on break-even analysis, pricing strategies, and margin improvement opportunities.

3. Support management in decision-making with detailed cost-benefit analysis for investments and projects.

4. Ensure compliance with internal policies and external regulations related to finance and costing.

Reporting and Collaboration:

1. Present periodic cost analysis reports and financial insights to senior management.

2. Work closely with the accounts team to ensure accurate accounting of costs and inventory.

3. Collaborate with cross-functional teams to enhance processes and achieve cost efficiency.

Desired Profile:

1. Should be an ICWA

2. Proven post qualification experience (5-12 years) in cost analysis, business finance, or management costing.

3. Strong proficiency in MS Excel and financial modelling tools.

4. Familiarity with ERP systems.

5. Analytical mindset with attention to detail and the ability to interpret complex financial data.

6. Excellent communication and interpersonal skills to interact with various stakeholders.

Location:

Corporate Office Chennai

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