​

IOL CHEMICALS AND PHARMACEUTICALS LIMITED

JOB DESCRIPTION

POSITION TITLE : Associate Manager
LOCATION : Ludhiana

DEPARTMENT : Accounts & Finance
SUB- DEPTT : Financial Planning & Data Analysis

JOB TYPE : Full time
Job Req ID : 2602

​Job Role: The Associate Manager - MIS & Costing will be responsible for preparing, analyzing, and maintaining management information reports and product costing data for IOL Chemicals and Pharmaceuticals Ltd. at Ludhiana. The role will support business decision-making through accurate cost analysis, budget monitoring, variance reporting, inventory valuation support, and timely MIS reporting to leadership.

Job Responsibilities:

Prepare periodic MIS reports related to production, sales, inventory, consumption, costing, profitability, and key business performance indicators.
Prepare and analyze product costing, process costing, batch costing, and cost sheets for pharmaceutical and chemical products.
Monitor actual costs against standard costs, budgets, and forecasts, and prepare detailed variance analysis with explanations.




Support monthly closing activities by coordinating with Finance, Production, Stores, Purchase, and other departments for accurate cost and operational data.
Assist in inventory valuation, material consumption analysis, yield analysis, process loss tracking, and reconciliation of production and inventory records.
Prepare profitability analysis by product, customer, business segment, and plant as required by management.
Coordinate for preparation of annual budgets, cost estimates, forecasts, and cost control reports.
Assist in cost audit activities by preparing required costing records, schedules, reconciliations, and supporting data for internal and statutory cost audit requirements.
Ensure accuracy, consistency, and timely submission of MIS and costing reports, and perform other related activities assigned from time to time.

Qualifications:

MBA Finance / CMA.
Working knowledge of cost accounting, inventory ac

📌 Associate Manager (India)
🏢 iolchemicaP2
📍 India