Assistant General Manager-Costing

Job Title :Assistant General Manager-Costing & Budgeting(Jewellery Industry)

Posting Location Coimbatore (Tamil Nadu)

Reports To GM – Costing & Budgeting

Experience 10 to 15 years post-qualification experience exclusively in costing and budgeting functions

Budget Rs. 20,00,000/ Annum

Communication Level Tamil / English / Hindi (Preferred)

Qualification CMA Qualified

Technical Competencies Product Costing & Analysis, Budgeting & Cost Control, Investment &

Pricing Analysis, ERP & Analytical Tools Proficiency.

Behavioural Competencies Analytical & Critical Thinking, Decision-Making & Accountability

Collaboration & Cross-Functional Coordination, Communication &

Presentation Skills, Leadership & Teamwork, Integrity & Professional Ethics.

Responsibilities

Functional Responsibilities:

Accurately determine the manufacturing cost of products and ensure timely cost updates

Analyze and prepare Costing Profit & Loss accounts to support internal decision-making

Validate strategic investments including ROI, CAPEX, KAIZEN projects

Monitor, review, and optimize pricing for existing and new products

Track, analyze, and control costs department-wise,including consumables, manpower, and overhead expenses

Perform variance and trend analysis comparing actual costs vs budgets

Ensure costing P&L reconciles correctly with finance records

Update and revise key costing factors regularly and reflect changes in the ERP system

Prepare monthly MIS reports, balanced scorecards, and support activity-based costing (ABC) initiatives

Evaluate capacity utilization and efficiency of high-value machinery

Managerial Responsibilities:

Review cost elements for prototype samples, new product models, and operational development (OPD) requests

Prepare and present cost sheets for price revision discussions with management

Update and maintain ERP rate charts for store/non-gold prices

Problem Solving & Process Improvement:

Identify revenue leakages and establish continuous cost monitoring systems

Conduct competitor cost analysis and implement internal cost reduction measures

Request necessary computer hardware or peripherals to support costing functions

Decision Making:

Finalize manufacturing costs for samples and new or modified products

Evaluate and decide cost parameters for new projects and proposals

Documentation & Compliance:

Maintain detailed monthly records of costing P&L accounts

Update and manage the Costing Manual as part of the Integrated Quality Management System (IQMS)

Keep accurate ERP records for rate charts, stone master data, and agreement master files

Communication & Coordination:

Participate actively in HOD meetings, core committees, innovation councils, and pricing review sessions

Coordinate with R&D, Production, Marketing, and other internal departments for costing data collection and analysis

Engage with external stakeholders like customers and competitors for make-or-buy decisions and pricing benchmarking

Skills & Competencies:

Strong expertise in product costing, budgeting, and variance analysis (costing focus only)

Deep understanding of production processes and product life cycles

Experience in data analytics, forecasting, and reporting tools

Proficiency with MS Excel, PowerPoint, Word, and ERP systems (preferably Microsoft Dynamics AX)

Excellent planning, coordination, and communication skills

Remuneration:

• As per industry standards and candidate experience.

Interested Candidates Send Your Profiles To

Reach Us At :

Job Category: Costing & Budgeting

Job Type: Full Time

Job Location: coimbatore

Industry: Jewellery Industry