We are looking for a Business Administration qualified (F/M/D) to join our team at Innomotics
The industry-Leader of Motors and Drives
Innomotics is an industry-leading supplier of motors and large drive systems. With a trusted legacy of more than 150 years of engineering expertise, our products power all of the world’s most essential industries. Today, we are bringing the #EnergyTransition to life with a portfolio that enables our customers to boost energy efficiency, reduce greenhouse gases, and minimize the carbon footprints of plants.
Our Most Powerful Engine: Our People
We are a team of more than 15,000 dedicated experts, doers, and innovators. For us, engineering the future means keeping businesses in motion. As a global player operating with the spirit and speed of a mid-sized champion, the future holds unlimited opportunities for us. If you share our bold mindset to be best-in-class, we want you IN.
Location- Navimumbai

Job Summary
The Costing Analyst will act as a business partner to Engineering, Procurement, Manufacturing, SCM, CRM,



and Finance teams by providing timely financial insights, improving cost transparency, and driving continuous process improvements.

Key Responsibilities

Manage end-to-end product costing for Motors and Drives, including Planned, Standard, Committed (PO), and Actual Cost, while driving variance analysis and sales order profitability.
Review and validate costing assumptions, BOM costing, standard price updates, material master governance, and pricing guidelines to ensure accurate financial reporting.
Partner with Engineering, Procurement, SCM, Manufacturing, Product Management, and CRM teams to improve product profitability, cost competitiveness, and resolve cost overruns.
Review purchase orders to ensure correct financial coding, sales order mapping, and compliance with finance governance.
Monitor inventory movement, ageing, perpetual inventory, and physical stock verification to improve inventory accuracy and working capi

📌 Business Administrative Professional (Mumbai)
🏢 Innomotics
📍 Mumbai