Costing Manager

2 hours ago

Jaipur, Rajasthan, India Jaipur Full time ₹ 2,50,000 - ₹ 12,00,000 per year

Company Overview

Miracle Group Of Companies, headquartered in Jaipur, is an ISO-certified organization specializing in the manufacturing of corrugated boxes, mono cartons, adhesive labels, and blow molding jars. Stepping into the flexible packaging industry, we aspire to develop India's first Packaging Park. With over 1500 employees, Miracle supplies products to major industries across various Indian states, positioning itself as a leader in the Printing & Packaging sector. For more details, visit our website.

Job Overview

We are looking for a Costing Manager to join our team in Jaipur. As a full-time role, the costing manager will play a critical part in ensuring cost efficiency and value maximization in our production processes. The successful candidate will bring expertise in product costing and exhibit proficiency in cost analysis techniques to drive cost-saving initiatives across the organization.

Qualifications and Skills

  • Expertise in product costing (Mandatory skill) to ensure accurate and efficient cost assessments for our products.
  • Proficiency in Microsoft Excel to perform advanced data analysis and cost calculations.
  • Strong understanding of variance analysis techniques to identify discrepancies between estimated and actual costs.
  • Experience in packaging cost reduction to contribute to sustainable cost savings in production activities.
  • Ability to conduct thorough operational cost analysis for identifying areas of improvement in the production cycle.
  • Competence in reverse costing to determine the cost breakdown of competitors' products and understand market positioning.
  • Excellent communication skills for effectively presenting cost-related insights and recommendations to stakeholders.
  • Ability to work collaboratively with cross-functional teams to implement and sustain cost reduction strategies.

Roles and Responsibilities

  • Develop product costing strategies to help optimize pricing and improve profitability margins across product lines.
  • Perform variance analysis to monitor cost performance, identifying areas of potential savings and inefficiencies.
  • Collaborate with production and supply chain teams to explore cost-effective sourcing options and process enhancements.
  • Lead packaging cost reduction initiatives by evaluating materials, processes, and technologies to drive cost efficiency.
  • Conduct reverse costing exercises to gain insights into competitor pricing structures and cost composition.
  • Produce detailed cost reports and analyses to support strategic decision-making by senior management.
  • Ensure compliance with industry standards and internal procedures for cost management and reporting.
  • Train and mentor junior staff in cost management practices to foster a culture of continuous improvement.

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