The AGM Costing & MIS is responsible in the Chairman & MDs office for the strengthening the organization's order costing, RM yield analyses, weekly / monthly MIS framework, financial governance, risk management practices. This role acts as a strategic partner to the Chairman's Office providing independent actionable insights, and data-driven recommendations to support informed decision-making across all business functions.

1. Costing

- Analyze order-wise costing for Customer orders bidding, acceptance, actual costing for the executed orders and report variances.
- Costing analysis of the ongoing orders vs approved costing for timely corrective action
- Plant operation cost analyses - material, labor & overhead costs and identify cost optimization opportunities.
- Develop actionable insights and escalate findings to the management to facilitate timely, informed decision-making.
- Monitor variance analysis (actual vs standard) and drive corrective actions.
- Evaluate order wise yield computation, Profitability and pricing strategies.
- Lead initiatives for cost reduction and efficiency improvement.

2. Financial Analysis & MIS Reporting

- Review of Plant MRMs
- Analyse financial reports & MIS and provide insight
- Analyses of Budget, forecasts, and cash flows to identify trends, risks, and business opportunities.
- Identify and escalate red flags related to Company Secretary (CS) MIS in a proactive manner.

3. Collections, Debtors & Trade Finance Monitoring

- Monitor weekly collection status and debtor ageing reports.




- Track Retention amounts, Bank Guarantees (BG), and Late Delivery (LD) charges.
- Review and assess customer credit limits on a half-yearly basis to manage credit risk exposure.
- Conduct due diligence on recent shipping/logistics companies before onboarding.

4. Capex, Purchase Orders & Cost Sheet Verification

- Review and analyse high-value Capital Expenditure (Capex) and Purchase Orders (POs), including strategic materials.
- Evaluate steel tolerance, price calculations, and estimation parameters for robust procurement controls

5. Coordination & Stakeholder Management

- Coordinate with Finance and Marketing teams for structured weekly review meetings.
- Prepare Minutes of Meetings (MoM) with clearly defined follow-up actions to drive accountability across functions.
- Ensure any deviation from approved plans or policies is escalated to management immediately.
- Effectively communicate findings, recommendations, and action plans to all relevant stakeholders.

6. IT / System improvement

- Coordinate with IT/Systems teams to ensure the ERP system is aligned with organizational control requirements.

Role: Internal Auditor, Industry Type: Iron & Steel, Department: Finance & Accounting, Employment Type: Full Time, Permanent Role Category: Audit & Control Education PG: CA in Any Specialization read more

Key Skills Skills highlighted with ‘‘ are preferred keyskills Internal AuditDebtorsMIS AssuranceInternal ControlProcess AuditComplianceStatutoryRisk

📌 AGM / DGM - Costing & MIS (Mumbai)
🏢 Man Industries
📍 Mumbai