Following is the requirement :

Company: Sahajanand Medical Technologies Ltd

Designation: Deputy Manager Finance & Accounts

Location: Mumbai (Andheri East Western Express Highway)

Website: www.SMTPL.com

Role Summary - Costing & Inventory Controller

The Costing & Inventory Controller is responsible for ensuring accurate product costing, overseeing inventory verification processes, coordinating with auditors, and maintaining compliance with internal and external requirements. The role plays a critical part in supporting financial accuracy, operational efficiency, and informed decision-making.

Key Responsibilities :

1. Costing

- Prepare monthly cost sheets and conduct detailed root cause analysis for major cost deviations.
- Perform process-wise overhead rate calculations to ensure accurate allocation of indirect costs.
- Prepare monthly Cost of Sales (COS) reconciliations in coordination with finance and operations teams.
- Validate production order consumption entries in alignment with the Bill of Materials (BOM) before TECO, with complete documentation of discrepancies and root cause analysis.
- Ensure BOM accuracy by reconciling BOM data with the QMS BOM on a quarterly basis.

2. Stock Verification & Provisions





- Oversee monthly stock-take activities in the factory; prepare consolidated stock count summary reports and document reasons for any variances.
- Coordinate with the Sales Team and external auditors for periodic stock verification at customer locations.
- Review inventory movement monthly and compute stock provisions by analysing slow-moving and non-moving inventory.

3. Audit Coordination (Statutory & Internal Local & Group)

- Serve as the primary liaison for statutory and internal auditors, ensuring timely completion of audit activities.
- Lead and coordinate workings related to: Stock valuation
- Cost reconciliation
- Stock movement analysis
- BOI-related costing documentation
- Unbilled revenue calculations

4. Insurance Tracking

- Maintain and update the monthly insurance tracker for factory assets and inventory to ensure valid and adequate coverage at all times.

5. Key Skills & Competencies

- Cost Accountant with an experience of 7 to 8 years of experience preferred from FMCG / Chemical / Pharma Industry.
- Solid analytical and costing skills
- Proficiency in SAP / ERP systems
- Knowledge of BOM, inventory management, and production processes
- Understanding of audit procedures and compliance
- Attention to detail and ability to work with cross-functional teams
- Advanced Excel skills

If interested kindly email your resume at [email protected]

📌 Deputy Manager - Costing (Mumbai)
🏢 Sahajanand Medical Technologies
📍 Mumbai