02 Nov
|
Confidential
|
Chennai
02 Nov
Confidential
Chennai
Finance Costing Sr. Executive – Operations Finance Analyst ?
Location:
Chennai ?
Experience:
3–6 Years ? Qualification: B.
E. Mechanical Engineering ? Department: Finance ? No. of Openings: 1 ⏳ Employment Type: Full time Job Overview We are looking for a detail-oriented Finance Costing Sr. Executive (Operations Finance Analyst) with experience in precision manufacturing to join our Finance team. The ideal candidate will act as a bridge between manufacturing operations and financial performance by analysing production costs, monitoring operational efficiency, identifying cost variances, and supporting continuous improvement initiatives to enhance profitability.
Key Responsibilities
- Analyse and monitor the financial impact of First Article Inspection (FAI) failures and approvals, including scrap, rework, and associated costs.
- Collaborate with Quality and Engineering teams to identify potential cost overruns during the FAI stage before mass production.
- Monitor actual manufacturing cycle times against standard routing hours to identify labour and overhead cost variances.
- Analyse historical production and cycle time data to support accurate standard costing and product margin calculations.
- Track manufacturing costs and identify opportunities for cost reduction and operational efficiency.
- Work closely with Production, Quality, and Engineering teams to drive Continuous Improvement (CI) initiatives.
- Evaluate completed CI projects to ensure improvements in cycle time, quality, and cost efficiency are reflected in financial performance.
- Monitor key manufacturing performance indicators and prepare reports to support management decision-making. Required Skills & Competencies
- Good understanding of manufacturing cost analysis and costing principles.
- Knowledge of precision manufacturing processes and shop-floor operations.
- Familiarity with manufacturing KPIs such as OEE, FAI, production cycle time, lead time, scrap, and rework.
- Ability to analyse cost variances, production data, and operational performance.
- Strong analytical, problem-solving, and communication skills.
- Ability to coordinate effectively with cross-functional teams. Eligibility Criteria
- B.
E. in Mechanical Engineering is mandatory.
- 3–6 years of relevant experience in precision manufacturing.
- Candidates with exposure to manufacturing costing, operations finance, cost analysis, or production cost optimization will be preferred.
📌 Finance Costing Sr. Executive (Chennai)
🏢 Confidential
📍 Chennai