17 Oct
|
Xpressedu
|
Noida
Job Title: Costing & Inventory Control Manager
Location: Greater Noida, Uttar Pradesh
Job Type: Full-Time, On-Site
Experience: 4–5 Years
Salary: Up to ₹6 LPA
Job Summary
We are looking for a detail-oriented and analytical Costing & Inventory Control Manager to manage product costing, inventory valuation, cost variance analysis, and profitability reporting. The ideal candidate will have strong financial analysis skills, sound knowledge of manufacturing costs, and proficiency in MIS reporting and MS Excel.
Key Responsibilities
1. Cost Analysis & Control
- Monitor and control costing for all SKUs and products.
- Analyze manufacturing costs, inventory expenses, and labour costs to identify cost-saving opportunities.
- Prepare and analyze Standard Cost vs. Actual Production Cost reports.
- Investigate cost variances and recommend corrective actions.
2. Inventory Management & Valuation
- Monitor inventory levels according to production plans and monthly consumption.
- Ensure accurate inventory valuation, including Work-in-Progress (WIP).
- Lead physical inventory verification and cycle-count activities.
- Prepare slow-moving and non-moving inventory reports.
- Analyze inventory discrepancies and coordinate necessary book adjustments.
3. Job Work & GST Compliance
- Monitor job work activities and inter-company transactions.
- Streamline job work processes and ensure compliance with applicable GST provisions.
- Identify process deviations and recommend improvements.
4. MIS & Profitability Reporting
- Prepare monthly and quarterly reports on cost variances and inventory performance.
- Develop profitability reports and support management decision-making.
- Coordinate with channel heads to assist with customer pricing decisions.
- Present cost analysis and inventory reports to management.
5. Purchase & Invoice Verification
- Review purchase orders and price comparison charts to ensure competitive procurement.
- Verify purchase and service invoices for accuracy and compliance.
- Submit weekly observation reports highlighting discrepancies and corrective actions.
6. Operational Monitoring
- Conduct weekly surprise visits to the production floor.
- Identify deviations from company policies and activities resulting in excess costs.
- Recommend corrective measures to improve operational efficiency and cost control.
Required Skills & Competencies
- Strong knowledge of product costing, cost accounting, and inventory valuation.
- Experience in manufacturing cost analysis and variance reporting.
- Good understanding of job work processes, inter-company transactions, and GST provisions.
- Excellent MIS reporting and data analysis skills.
- Advanced proficiency in MS Excel and valuable working knowledge of MS Word.
- Strong presentation, communication, and analytical skills.
- Ability to work under pressure and resolve issues proactively.
- Strong coordination and relationship-management skills.
Educational Qualifications
- Mandatory: B.Com or M.Com
- Preferred: MBA in Finance
Experience Requirements
- 4–5 years of relevant experience in costing, inventory control, cost accounting, or financial analysis.
- Experience in a manufacturing environment is preferred.
- Candidates should be comfortable handling inventory audits, cost reports, purchase verification, and profitability analysis.
Interested candidates with relevant experience in costing and inventory management are encouraged to apply.
Pay: ₹500,000.00 - ₹600,000.00 per month
Work Location: In person
📌 Cost Accountant (Noida)
🏢 Xpressedu
📍 Noida