Manager - MIS & Costing

Job Title: Senior Manager – MIS & Costing (with SAP) Industry: Spice Extraction and Processing Location: Kochi, Kerala Company: A Leading Global Spice Extraction Company Recruitment Partner: Prime Ideas Consultancy ServicesAbout the Hiring CompanyOur client is a pioneering global leader in the spice extraction and natural ingredients industry, with a legacy spanning over 165 years. The company is dedicated to delivering high-quality spices, oleoresins, green extracts, essential oils & isolates, and natural colors, with a strong commitment to sustainability, traceability, and corporate social responsibility. As an industry leader, they continue to set benchmarks in innovation and excellence, supplying products to diverse markets across the world.

About Prime Ideas Consultancy ServicesPrime Ideas Consultancy Services is a trusted name in the Human Resources & Recruitment sector, specializing in connecting top-tier talent with industry leaders. With a deep understanding of market trends and client needs, we ensure seamless hiring solutions for businesses across various domains. Our expertise lies in sourcing, screening, and securing high-caliber professionals for our clients, fostering long-term business success.

Job SummaryThe Senior Manager - MIS & Costing is a critical role responsible for leading the company's Management Information Systems (MIS) and costing functions. This position plays a key role in providing accurate, timely, and insightful financial information to support strategic decision-making, cost control, and operational efficiency across our operations in India. The ideal candidate will have a strong background in the manufacturing industry, preferably within the FMCG food sector, with extensive experience in cost accounting, budgeting, financial analysis, and MIS development.

Responsibilities

• Management Information Systems (MIS):o Manage and optimize the company's financial information systems across operations in India.o Develop and generate regular MIS reports, including consolidated financial statements, key performance indicators (KPIs), and management dashboards.o Ensure the accuracy, integrity, and timeliness of financial data from all locations within India.o Identify and implement improvements to MIS processes to enhance efficiency and effectiveness across the organization.o Collaborate with IT and other departments to ensure that MIS systems meet the needs of the business.o Troubleshoot and resolve complex MIS-related issues.o Evaluate and recommend new MIS technologies and solutions for implementation across India.o Maintain documentation of MIS processes and procedures.

• Budget Coordination:o Coordinate the consolidation of regional and departmental budgets into a company-wide budget for India.o Monitor budget performance against actual results, analyze variances, and provide explanations to senior management.o Develop and implement budget control procedures.o Provide training and support to budget holders across different states.o Facilitate the forecasting process, including regular updates and revisions.

• Cost Review (Product-Wise & Plant-Wise):o Conduct detailed cost reviews, analyzing product costs and plant-level operating costs across multiple manufacturing facilities in India.o Identify areas for cost reduction and efficiency improvements in both product costing and plant operations across India.o Prepare reports on cost trends, variances, and opportunities for optimization.o Work with production and operations teams to implement cost-saving initiatives.o Develop and monitor key cost metrics.o Perform cost-benefit analyses of proposed projects and investments.

• Audit Support (Internal & External):o Support internal and external audits, including audits of operations in various states, by providing necessary documentation and explanations.o Ensure compliance with internal controls and accounting policies across all entities in India.o Assist in the development and implementation of audit recommendations.o Coordinate with auditors to facilitate the audit process.o Address audit findings and implement corrective actions across operations in India.o Support the development of business cases for new investments and projects.o Monitor and analyze key financial performance indicators (KPIs).

• Cost Center-Wise Reports:o Develop and generate cost center-wise reports to provide detailed information on expenses and performance by department or cost center across locations in India.o Analyze cost center performance and identify areas for improvement in different states.o Work with cost center managers to develop and monitor budgets.o Provide support and guidance to cost center managers on financial matters.
• Other Responsibilities
• Perform monthly run of overhead absorption, WIP computation, and price settlement for process orders.
• Prepare Fixed Overhead (FOH) statements, cost center-wise summaries, and Corporate FOH reports.
• Prepare and maintain control sheets for monthly and quarterly reporting.
• Coordinate automation and generation of reports (margins, process cost, inventory) with internal stakeholders.
• Compile and update data on capacity utilization
• Assist in preparing business / project feasibility Report and compute ROI Qualifications
• Professional accounting certification (e.g., CPA, CMA, ICWA) is highly preferred.
• Minimum of 10-15 years of progressive experience in cost accounting, MIS management, and budget coordination in a manufacturing environment.
• Strongly preferred: Experience in the FMCG food industry.
• Proficiency in SAP and advanced Excel skills.

How to Apply?

• Interested candidates can apply here or share their CV/contact details at ******

Our recruitment team will connect with you to discuss the opportunity in confidence.

• Join a globally recognized organization and advance your career in a high-impact taxation role
• Prime Ideas Consultancy Services is the exclusive hiring partner for this role.