Head of Costing Department

1 day ago

Noida, Uttar Pradesh, India Cucumber Consultants Full time ₹ 50,00,000 - ₹ 2,50,00,000 per year

Job Description Head of Costing Department

Location: Sector 135 Noida

Industry: FMCD

Experience Required: 15+ Years

Interested candidates must contact S Krishnan at

Our client

The organization is a well-established FMCD manufacturer with significant scale and a strong presence in the consumer products market. Its Noida operations serve as a key hub for manufacturing, supply chain coordination, and commercial functions, supporting a broad portfolio of high-demand products.

Position Overview

We are seeking a highly experienced Cost Accountant to lead and expand the Costing function for a fast-growing FMCD organization. The ideal candidate has 15 years of hands-on experience and has previously set up or scaled a complete costing department in an organization with 1000+ crore annual turnover.

This is a strategic leadership role responsible for building robust costing systems, improving cost visibility, and driving profitability through strong cost controls and analytics.

Key Responsibilities

Costing Leadership & Strategy

  • Establish and lead the entire Costing Department, including processes, systems, governance, and reporting frameworks.
  • Develop cost accounting policies in alignment with FMCG manufacturing and multi-SKU environments.
  • Provide strategic inputs to senior management on cost optimization, pricing decisions, and margin improvement.

Product Costing & Analysis

  • Oversee product costing, BOM reviews, SKU-wise profitability, and variance analysis across plants and product categories.
  • Ensure accurate computation of standard costs, actual costs, and cost revisions based on raw material fluctuations.
  • Lead cost audits, yield analysis, wastage control, and process efficiency studies.

Budgeting & Forecasting

  • Partner with finance, supply chain, and operations to develop cost budgets, standard cost rollouts, and rolling forecasts.
  • Monitor deviations and provide actionable recommendations to control overheads and production costs.

Systems & Process Implementation

  • Implement or upgrade ERP-based costing modules (SAP/Oracle/other).
  • Introduce automation and digital tools to strengthen cost tracking and real-time reporting.
  • Establish internal controls across procurement, production, and inventory to ensure costing accuracy.

Team Management

  • Build and mentor a high-performing costing team.
  • Provide leadership across plants and business units to strengthen the costing culture and operational discipline.
  • Establish harmonized and close coordination within the finance and other functional teams.

Qualifications & Experience

  • Qualified Cost Accountant (CMA) is mandatory.
  • 15+ years of costing experience in FMCG, consumer products, or large-scale manufacturing.
  • Proven track record of setting up a costing department in an organization with 1,000 crore+ turnover.
  • Strong understanding of FMCG manufacturing, multi-SKU environments, packaging materials, and supply chain cost drivers.
  • Proficiency in ERP systems and costing modules.
  • Excellent analytical, strategic thinking, and leadership skills.

Key Competencies

  • Strong business and commercial acumen
  • Ability to work with cross-functional teams
  • Deep knowledge of cost structures in FMCG
  • Process-oriented mindset with attention to detail
  • Self-driven and motivated candidate to deal with critical situations while delivering the expected results
  • Strong communication and stakeholder management skills

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