Description:

Company Overview

We are hiring for a leading manufacturer of high-quality films for automotive, architectural, and industrial applications. We are dedicated to continuous innovation and delivering exceptional products to our customers worldwide. Our Finance team plays a key role in managing cost structures and pricing strategies to ensure we remain competitive while maximizing profitability. We are looking for a Costing and Pricing Specialist to join our team and help drive the company's financial success.

Role Purpose

We are seeking an experienced Costing and Pricing Specialist to oversee all aspects of costing, cost analysis, and pricing strategy. This role will be integral in determining product pricing, analyzing cost structures, and implementing process improvements to align with the organization’s financial and strategic goals.

Key Responsibilities

1. Costing and Cost Analysis

- Maintain and update product costs in SAP systems to ensure accurate financial records.
- Analyze and document costs related to materials, labor, and overhead expenses.
- Develop and manage accurate cost databases to track all cost-related information.
- Identify potential cost-saving opportunities and recommend process improvements.
- Monitor cost variances and collaborate with business units to mitigate discrepancies.
- Prepare and support cost audits to ensure compliance with internal standards.

2. Pricing Strategy

- Perform pricing simulations to forecast potential revenue and margin impacts based on different scenarios.
- Monitor market trends, competitor pricing,



and customer demands to adjust pricing strategies.
- Provide insights and recommendations on pricing adjustments to ensure competitiveness and profitability.

3. Data Management & Reporting

- Generate and deliver detailed cost and pricing reports to internal stakeholders.
- Provide updates on cost structures, pricing changes, and their financial implications.
- Ensure compliance with company policies and regulatory standards in cost and pricing decisions.

4. Collaboration

- Work closely with finance, sales, procurement, and production teams to align pricing strategies with business objectives.
- Support the sales teams during customer negotiations by providing cost and pricing insights.
- Participate in weekly performance meetings and quarterly reviews with the sales team to assess progress and strategize.

5. Process Optimization

- Develop and maintain pricing tools, models, and systems to improve workflow efficiency.
- Establish and promote best practices in cost and pricing management across departments.
- Prepare and present monthly management reports to communicate division, plant, sales, and product performance effectively.

6. Financial Reporting & Compliance

- Calculate and analyze product costs including direct materials, labor,



and overheads.
- Prepare financial reports such as COGS (Cost of Goods Sold) statements.
- Ensure timely completion of cost audits, statutory audits, and tax audits.

7. Inventory Management

- Monitor inventory levels and ensure accurate inventory valuations through regular cycle counts.
- Proactively address inventory discrepancies to ensure smooth operational flow.

8. Budgeting and Forecasting

- Support the annual budgeting process by providing accurate cost data and forecasts.
- Update budget projections based on changes in production volumes and market dynamics.

Required Skillsets:-

Technical Expertise

- Proficiency in SAP and advanced Excel for financial modeling and data analysis.
- Familiarity with local accounting standards and tax regulations in India.
- Knowledge of PowerPoint for preparing presentations and reporting.

Soft Skills

- Strong analytical and problem-solving skills with the ability to identify and resolve issues efficiently.
- Detail-oriented with a strategic mindset.
- Excellent communication and presentation skills to share insights with stakeholders clearly and concisely.
- Strong customer-focused mindset with the ability to collaborate effectively across departments and teams.

Benefits & Compensation

- Competitive Salary (Commensurate with experience and expertise).
- Health insurance and other employee benefits.
- Prospect for growth within a dynamic and innovative company.
- Travel allowances and other job-related benefits.

Requirements: Benefits:

📌 Sr. manager, manager cost accounting (Aurangabad)
🏢 Edjobster
📍 Aurangabad