Costing Manager – Manufacturing

Location: Lonand MIDC, Satara, Maharashtra
Experience: 5–10 Years
Qualification: B.Com / M.Com / CMA / CA Inter / MBA Finance or equivalent
Industry: Manufacturing

Job Summary

We are looking for an experienced Costing Manager to manage manufacturing costing, cost analysis, budgeting, inventory valuation, variance analysis and MIS reporting. The ideal candidate should have solid hands-on experience in Costing / Cost Management within a manufacturing environment and be comfortable working closely with Production, Stores, Purchase, Quality, Maintenance and Finance teams.

Key Responsibilities
- Prepare and maintain product costing, BOM costing and standard costing.
- Analyze raw material, packing material, labour and manufacturing overhead costs.
- Monitor actual production costs and conduct monthly cost variance analysis.
- Calculate manufacturing cost per unit and identify cost-saving opportunities.
- Monitor inventory valuation, stock movement, wastage, scrap and material consumption.
- Ensure accurate valuation of Raw Material,



WIP and Finished Goods.
- Coordinate with Stores, Purchase and Production for inventory reconciliation and physical stock audits.
- Support annual budgeting and forecasting and analyze Budget vs. Actual performance.
- Prepare accurate and timely monthly MIS and management reports.
- Monitor machine utilization, production efficiency, labour productivity and conversion costs.
- Work with cross-functional teams to improve operational efficiency and reduce manufacturing costs.
- Support month-end/year-end costing activities and internal/external audits.
- Identify and implement cost optimization and process improvement initiatives.
- Support ERP implementation, system migration and automation of costing processes.

Required Experience
- Relevant experience in Costing / Cost Management within a manufacturing environment.
- Strong knowledge of Cost Analysis, Budgeting, Inventory Costing, Standard Costing and MI

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