Accountable for managing the costing of products and optimising inventory levels across products / locations. Will be a key partner in managing working capital optimally and our products are competitively prices at the market-place.
Accountability Indicators:
- Working Capital
- Inventory days
- Availability of costing across products
- Management of pricing with customers
Key Responsibilities
Costing & Profitability Analysis
- Creating monthly process orders wise BOM COM - Product Costing (Cost of Manufacturing)
- Prepare Sales COM and profitability analysis to support business decisions.
- Maintain and update overhead cost files and opening balances.
- Calculation of Tariff cost charged in Export consignments
- Calculation of Monthly Inventory Provisions [SLOB and NRV]
- Prepare and Analyze product wise variance of cost of material and Overheads
- Inventory Quantity Recon & Write-off Management
- Monitor inventory valuation, ageing, provisioning, and write-off activities.
- Manage write-off approvals, execution, and reporting of write off Analysis
- Prepare quantity reconciliation reports at company level.
Financial Analysis & Reporting
- Perform Cost Run analysis and GL reviews.
- Generate periodic MIS, variance analysis, and management reports.
- Track manufacturing overheads and cost performance across locations.
Compliance & Audit Support
- Support statutory, tax, internal, and external audit requirements.
- Provide costing schedules, reconciliations, and documentation for audit reviews.
- Ensure compliance with costing policies and financial controls.
Stakeholder Management
- Coordinate with Operations, Supply Chain, Procurement, and Commercial teams for costing, inventory, and pricing-related activities.
- Provide cost insights for pricing, tariff assessments, and business planning.
Qualification:
Education:
- ICWA
Experience:
- 4-6 years of experience •
- Minimum working experience of 2+ years in SAP
- Experience in manufacturing organizations
Skills & Competencies:
- Multi tasking and should be able to prioritize
- Ability to deal with ambiguity
- Work in high-pressure situation
- Stakeholder management
- Should have an analytical bend of mind
- Experience of costing and inventory valuation implementation in SAP
📌 Costing Specialist (Mumbai)
🏢 OmniActive Health Technologies
📍 Mumbai
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