Role Summary:

The role will be responsible for driving product costing, cost optimization, and profitability analysis across the manufacturing lifecycle. The candidate will partner with cross-functional teams (procurement, production, R&D;, finance) to ensure accurate cost structures, identify savings opportunities, and support strategic decision-making.

Key Responsibilities:
Product Costing & Analysis
Prepare and validate BOM (Bill of Materials) and routing-based product costing.
Conduct standard costing, variance analysis, and cost roll-ups for current and existing products.
Analyze material, labor, and overhead costs to identify cost drivers.
Budgeting & Cost Control
Support annual budgeting and periodic forecasts from a costing perspective.
Monitor actual vs. standard cost variances and drive corrective actions.
Develop cost benchmarks and track plant-level efficiency metrics.
Current Product Costing (NPD Support)
Work closely with R&D; and engineering teams for should-costing and target costing.




Provide cost inputs during product design to ensure cost competitiveness.
Procurement & Vendor Costing
Evaluate vendor quotations and support price negotiations with procurement teams.
Conduct make vs. buy analysis and vendor cost comparisons.
Inventory & Manufacturing Accounting
Ensure accurate costing in ERP systems (SAP/Oracle/others).
Monitor inventory valuation, slow-moving and obsolete stock provisions.
MIS & Reporting
Prepare monthly costing reports, margin analysis, and dashboards for management.
Present insights on cost reduction opportunities and profitability improvement.
Cost Optimization Initiatives
Drive value engineering and cost reduction projects across plants.
Identify opportunities in process improvement, waste reduction, and productivity enhancement.

Requirements
Education:
CA / CMA (preferred) or MBA Finance / B.Com with relevant experience

Experience:
6–10 years in costing within manufacturi

📌 Manager / Senior Manager – Costing Bengaluru
🏢 XpertReach
📍 Bengaluru