Costing Manager - Inventory

Job Descriptions

* Inventory Management & Control - Oversee inventory policies, procurement compliance (MRP, MOQ, EOQ), safeguarding, FIFO/batch issuance, stock reconciliation, physical counts, aging analysis, write-offs, and internal controls.

* Product Costing & Profitability Analysis - Calculate manufacturing costs (materials, labor, overheads), assess landed costs, evaluate BOMs, support pricing decisions, and perform GP, break-even, and CVP analysis.

* Standard Costing & Variance Analysis - Develop and maintain standard costs; analyze material and overhead variances (price, usage, efficiency, spending); collaborate cross-functionally to reduce unfavorable variances.

* Project Appraisal & Capex Evaluation - Conduct financial feasibility studies for major Capex (AFEs), prepare project P&L and cash flows, calculate payback periods, and coordinate with Sales, Supply Chain, Production, and Finance.

* Cost Accounting, Closing & Reporting - Manage COGS, WIP accounting, inventory reconciliation, variance allocation, month-end closing, and ensure accurate financial reporting (P&L, BS, Cash Flow).

* Annual Budgeting & Gross Profit Planning - Prepare budgeted COGS and GP by SKU/brand/team, set standard costs, align cost projections with company goals, and analyze profitability drivers.

* Cost Optimization & Operational Efficiency - Identify cost-saving opportunities, conduct make-or-buy analysis, evaluate LEAP projects, monitor production costs, and assess financial impact of OEE improvements.

* Compliance, Reviews & Administrative Responsibilities - Review tender discounts, CPI workings, maintain financial records, ensure data confidentiality, and support special projects as required.

Qualification: Qualified ICMA/Qualified CA/Qualified ACCA

Experience: 7-8 years

Skills: Inventory management, Product cost preparation and COGS, Project Appraisal, relevant DRAP regulations, relevant IFRSs and ERP

Benefits: OPD, Health & Life Assurance, PF, Vehicle Allowance, Conveyance Allowance etc.

Working Days & Hours: 5 days a week & 8:00AM - 5:00PM for Friday timings are : 8:00AM - 5:30PM.

Pay: Rs250,000.00 - Rs300,000.00 per hour

Work Location: In person