Job Summary:

Purpose:

To analyze, monitor, and optimize cost structures across production and business operations, ensuring

productive resource utilization, improved profitability, and strong working capital management through robust

costing systems and data-driven decision support

Scope and KPI’s

· Standard vs Actual Cost Variance Analysis

· Cost Reduction Initiatives (₹ impact and %)

· Budget vs Actual Performance Monitoring

· Accuracy of Inventory Valuation and Cost Allocation

· Timeliness and quality of MIS and reporting

· Timelines & accuracy of in support for Costing of new and existing product

SCOPE

· End-to-End Cost Ownership (Core Scope)

· Inventory & Working Capital Control

· Planning, Budgeting & Forecasting

· Profitability & Pricing Partner

· Process Improvement & Systems

· Cross-Functional Influence

Key responsibilities:

· Leadership for Inventory Control:

· Oversee inventory control processes to ensure accurate tracking, efficient storage, and optimal

utilization of resources.





· Develop and implement inventory management policies and procedures to minimize carrying

costs while meeting production demands.

· Inventory Valuation:

· Conduct regular assessments of inventory value to reflect accurate financial reporting and

assess inventory turnover ratios.

· Implement standard costing system and valuation methods such as FIFO (First In, First Out) to

align with accounting standards and business needs.

· Pre & Post Costing (Product-wise/Batch-Wise):

· Analyze costs associated with production activities, including materials, labor, and overhead, both before and after production.

· Monitor cost trends and identify areas for improvement to enhance operational efficiency and reduce expenses.

· Implement cost-tracking mechanisms to accurately assess expenditures and deviations from budgetary targets.

· Allocate costs accurately to products or batches to determine profitability and identify areas for cost reduction.

· Budgeting an

📌 Manager– Costing (Gujarat)
🏢 Parksons Cartamundi
📍 Gujarat