Assistant General Manager-Costing Budgeting(Jewellery Industry) V Support Solutions Assistant General Manager-Costing Budgeting(Jewellery Industry)

Job Summary

Job Details

- Posting Location: Coimbatore (Tamil Nadu)
- Reports To: GM Costing Budgeting
- Experience: 10 to 15 years post-qualification experience exclusively in costing and budgeting functions
- Qualification: CMA Qualified
- Communication Level: Tamil / English / Hindi (Preferred)
- Job Category: Costing Budgeting
- Job Type: Full Time
- Job Location: Coimbatore
- Industry: Jewellery Industry

Responsibilities

Functional Responsibilities

- Accurately determine the manufacturing cost of products and ensure timely cost updates
- Analyze and prepare Costing Profit Loss accounts to support internal decision-making
- Validate strategic investments including ROI, CAPEX, KAIZEN projects
- Monitor, review, and optimize pricing for existing and new products
- Track, analyze, and control costs department-wise,including consumables, manpower, and overhead expenses
- Perform variance and trend analysis comparing actual costs vs budgets
- Ensure costing PL reconciles correctly with finance records
- Update and revise key costing factors regularly and reflect changes in the ERP system
- Prepare monthly MIS reports, balanced scorecards, and support activity-based costing (ABC) initiatives
- Evaluate capacity utilization and efficiency of high-value machinery

Managerial Responsibilities

- Review cost elements for prototype samples, new product models, and operational development (OPD) requests
- Prepare and present cost sheets for price revision discussions with management
- Update and maintain ERP rate charts for store/non-gold prices

Problem Solving Process Improvement





- Identify revenue leakages and establish continuous cost monitoring systems
- Conduct competitor cost analysis and implement internal cost reduction measures
- Request necessary computer hardware or peripherals to support costing functions

Decision Making

- Finalize manufacturing costs for samples and new or modified products
- Evaluate and decide cost parameters for recent projects and proposals

Documentation Compliance

- Maintain detailed monthly records of costing PL accounts
- Update and manage the Costing Manual as part of the Integrated Quality Management System (IQMS)
- Keep accurate ERP records for rate charts, stone master data, and agreement master files

Communication Coordination

- Participate actively in HOD meetings, core committees, innovation councils, and pricing review sessions
- Coordinate with RD, Production, Marketing, and other internal departments for costing data collection and analysis
- Engage with external stakeholders like customers and competitors for make-or-buy decisions and pricing benchmarking

Skills and Competencies

- Strong expertise in product costing, budgeting, and variance analysis (costing focus only)
- Deep understanding of production processes and product life cycles
- Experience in data analytics, forecasting, and reporting tools
- Proficiency with MS Excel, PowerPoint, Word, and ERP systems (preferably Microsoft Dynamics AX)
- Excellent planning, coordination, and communication skills

Qualifications

- CMA Qualified
- 10 to 15 years post-qualification experience exclusively in costing and budgeting functions

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📌 Assistant General Manager-Costing & Budgeting(Jewellery Industry) (Coimbatore)
🏢 V Support Solutions
📍 Coimbatore