Role & responsibilities

1. Lead the preparation, consolidation, and rolling forecast of annual operating budgets for the plant/business unit, establishing effective budget control mechanisms.
2. Responsible for reviewing, tracking, and variance analysis of departmental Capital Expenditure (CAPEX) and Operating Expenses (OPEX), strictly controlling expenditure validity and budget execution rates.
3. Establish and implement footwear manufacturing cost control systems (Standard Cost vs. Actual Cost variance analysis), conducting in-depth analyses of material, labor, and manufacturing overhead (MOH).
4. Maintain data and calculate consumption yields for Footwear Costing BOMs, and Monitor and analyze material consumption yields for key footwear models, tracking cutting yields, stitching/assembly losses, and scrap rates to drive material savings and waste reduction projects.
5. Collaborate with Development, Technical, Purchasing, and Production teams to conduct product life-cycle costing reviews and optimize Value Analysis / Value Engineering (VA/VE).
6. Regularly prepare and present plant operational performance reports, P&L; variance analyses, gross margin reviews, and KPI tracking to support executive decision-making.
7. Build data models and continuously monitor key operational metrics including capacity utilization, cost per pair, labor efficiency, and output per worker.
8.



Assist in evaluating ROI / payback periods for capital equipment investments and cost-benefit feasibility for Lean / Continuous Improvement (CI) projects.
9. Establish and continuously optimize expense reimbursement approval guidelines, cost accounting workflows, and budget management Standard Operating Procedures (SOP).
10. Execute cross-functional operational analysis projects and specialized financial modeling evaluations assigned by management.
11. Manage the Engineering Change Notice (ECN) process to ensure absolute accuracy of material codes, specifications, and consumption rates within the footwear Bill of Materials (BOM).
12. Complete ad-hoc assignments and temporary tasks assigned by supervisors in a timely manner.

Preferred candidate profile

- Bachelor's degree or above in Finance, Accounting, Industrial Engineering (IE), Business Administration, or related disciplines.
- 2 years of practical experience in business planning, cost control, budget management, or financial analysis within large-scale manufacturing or footwear industries is a plus.
- Familiar with shoemaking processes, material consumption standards, ERP/SAP (FICO/CO/PP modules) system operations, and cost accounting logic.
- Proficient in advanced Excel and data analysis (e.g., Vlookup, Pivot Tables, formulas), with robust business acumen and excellent cross-functional reporting skills.

📌 Cost Control Specialist (Ulundurpet)
🏢 High Glory Footwear
📍 Ulundurpet