Key Responsibilities:
Cost Accounting & Product Costing
• Manage and maintain the standard costing system across all manufacturing facilities
• Lead periodic reviews of standard costs, cost structures and costing methodologies
• Ensure accurate costing of products, projects and manufactured goods
• Review and validate Bills of Materials (BOMs), routings and manufacturing master data
• Evaluate cost implications of current products, design changes and engineering modifications
• Develop and maintain cost models for new and existing products
• Analyse manufacturing cost drivers and identify opportunities for cost reduction

Manufacturing Finance & Variance Analysis
• Analyse actual manufacturing costs and conduct variance analysis against standards
• Monitor material, labour and overhead variances and recommend corrective actions
• Partner with Operations to improve manufacturing efficiency and profitability
• Prepare and present monthly manufacturing performance reports
• Monitor and report production yields, scrap rates and operational efficiencies





Inventory Management & Controls
• Ensure accurate inventory valuation in accordance with company policies and accounting standards
• Lead annual stock counts and periodic cycle count programs
• Oversee inventory reconciliations and investigate inventory variances
• Review slow-moving, obsolete and excess inventory provisions
• Strengthen inventory controls and improve inventory accuracy

Pricing & Profitability Analysis
• Manage pricing master data and ensure pricing accuracy within ERP and Salesforce
• Support Commercial teams in project pricing, tender evaluations and customer quotations
• Perform customer, product and business segment profitability analysis
• Provide recommendations to improve margins and overall business profitability
• Support commercial decision-making through financial modelling and scenario analysis

Financial Planning & Reporting
• Support annual budgeting, forecasting and strategic planning activit

📌 Costing Manager (Mumbai)
🏢 GEORG FISCHER
📍 Mumbai