Costing manager

6 days ago


Cuddalore, Tamil Nadu, India Loyal Textile Mills Ltd Full time ₹ 7,20,000 per year

Key Skills Required:

  • Strong knowledge of fabric dyeing processes (woven & knitting) and their cost drivers.
  • Excellent analytical and numerical skills.
  • Proficiency in MS Excel, ERP/SAP, and cost modeling tools.
  • Ability to interpret production and financial data to drive decisions.
  • Strong coordination skills with production, lab, and finance teams.
  • Knowledge of chemical, dye, and utility consumption norms.

1. Cost Analysis & Estimation

  • Prepare detailed cost sheets for all fabric qualities (woven and knitted) covering bleaching, dyeing, finishing, and printing operations.
  • Calculate process-wise cost including chemicals, dyes, utilities (steam, power, water), labor, depreciation, and overheads.
  • Support the marketing and commercial teams with accurate costing for new orders and customer quotations.

2. Budgeting & Cost Control

  • Prepare annual and monthly budgets for the dyeing unit, including raw material, consumables, and utility costs.
  • Monitor actual expenses against standards and highlight variances to management with reasons and corrective actions.
  • Identify opportunities for cost reduction through process optimization, chemical substitution, and resource efficiency.

3. Data Collection & MIS Reporting

  • Collect and analyze process data such as batch costing, machine efficiency, reprocessing, and wastage.
  • Generate periodic costing MIS reports and present cost performance vs. targets.
  • Coordinate with production, purchase, and stores departments for consumption and inventory reconciliation.

4. Process Efficiency & Benchmarking

  • Benchmark process costs with internal standards and industry norms.
  • Work with production and technical teams to reduce reprocessing, optimize liquor ratios, and improve energy efficiency.
  • Evaluate the impact of recipe changes, shade variations, and machine parameters on cost.

5. Commercial & Audit Support

  • Provide costing data for internal and statutory audits.
  • Support management in pricing decisions, profitability analysis, and cost negotiations with vendors and customers.
  • Validate and certify process-related claims from chemical and dye suppliers.

6. ERP & Systems Management

  • Maintain and update cost master data in ERP / SAP systems.
  • Ensure accuracy of cost components and continuous improvement in data flow automation.

Job Types: Full-time, Permanent

Pay: ₹50, ₹60,000.00 per month

Benefits:

  • Health insurance
  • Provident Fund

Work Location: In person


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