Manager/Senior Manager - Costing - Textile/Manufacturing Firm

Cost accountants for Chandole Plant location (Guntur).

- Position will entail ownership of periodic & timely report to the Management on the Effective Cost Structure, Cost Variance Analysis and cost reduction measures, Inventory Control, overhead cost control including consumables, Budgeting, Compliances and contribute to preparation of the Business plan.

- The role will be an integral part of the Cost & Management Accounting and work very closely with multiple stakeholders in a matrix reporting structure.

Job Responsibilities :

- Develop efficient product cost structure

- Provide cost analysis data to support manufacturing and product development decisions

- Capture and analyse data related to machine capacity utilization, downtime, wastage, maintenance time / cost

- Ensure timely preparation of cost related MIS reports vis- vis Targets/ Standards, for Business & Operation Reviews

- Take lead while bench-marking with peer industry - best in class

- Identify and introduce effective monitoring systems for internal controls, cost effective measures and credit control systems, those in line with best practices followed across Organization/ Industry

- Responsible for Cost Audit of the business vertical

- Work closely and partner with supply-chain team and inventory management team to set up robust processes and procedures in relation to inventory management.

- Develop policies and internal controls for all cost accounting and inventory activities.

- Strictly monitor the cost budgets and escalate deviations with actual on monthly basis and recommend remedial/ cost control measures

- Take initiative for Cost Reduction drive across the vertical

- Closely work with the core team on Annual Operating Plans and Rolling forecasts to embed cost controls in the budgeting process

- Be a good team player and continuously work towards self-upscaling of skills/ competencies and be an enabler for the team members, with an ultimate view to increase productivity on an on-going basis.

Desired Skills :

- Should be well versed & possess hands-on experience in SAP

- Good experience in product Costing, Analysis & Reporting

- Exposure to Cost Audit as per statute

- Proficient in Windows applications, viz., MS word, MS excel, MS ppt.

- Experience in making PowerPoint presentations to the core team

- Well versed with MIS reporting, Forecasting/ Outlook, Credit & Cost Control mechanism

- Exposure to preparation of Annual Operating Plan activity for an business vertical

- Experience in driving cost reduction programs & exposed to review of Management and Operational cost Reports

- Hands-on experience in scheduling and preparing for review meetings with Management entailing all departments

- Strong Analytical Ability and presentation skills

- Worked in Cross-functional environment and collaboration thereon

- Excellent written and verbal communication