Shared Services

Delhi 6 - 15 Years

Mandates for the requirement:

- Experience : Should be CA/CMA Final qualified (Either will work) with 6+ Years

- Role Type : Individual Contributor (IC)

- Experience in Engineering based manufacturing organizations such as Equipment Manufacturing / Instrumentation / Analytical Equipment/ Automative etc

- SAP working experience is must

- Smart person with valuable communication skills

Key Responsibilities

1. Cost Analysis Reporting

- Prepare and analyse manufacturing cost reports, including material, labour, and overhead costs.

- Monitor cost variances (Actual vs Standard/Budget) and provide insights on key drivers.

- Track plant performance KPIs such as cost per unit, yield, scrap, and efficiency metrics.

2. Product Costing

- Maintain accurate standard costing models for finished goods and semi-finished products.

- Conduct periodic cost roll-ups and update BOM (Bill of Materials) and routing costs.

- Support pricing decisions by providing detailed product cost breakdowns.

3. Budgeting Forecasting

- Support the annual budgeting process for manufacturing costs.

- Prepare rolling forecasts and analyse deviations against budget.

- Partner with operations teams to identify cost-saving opportunities and efficiency improvements.

4. Variance Analysis

- Perform detailed variance analysis (material usage, price variance, labour efficiency, overhead absorption).

- Investigate root causes and recommend corrective actions.

- Collaborate with plant and production teams to implement improvements.

5. Inventory Cost Control





- Monitor inventory valuation, ensuring compliance with accounting standards.

- Analyse inventory movements, slow-moving/obsolete stock, and provisions.

- Support stock audits, physical verification, and reconciliation processes.

6. Business Partnering

- Work closely with manufacturing, supply chain, procurement, and operations teams.

- Provide financial insights to improve production planning and operational efficiency.

- Support new product introduction (NPI) and process improvement initiatives.

7. Systems Process Improvement

- Ensure accurate cost-related data in ERP systems (eg, SAP)

- Drive automation and standardization of cost reporting processes.

- Strengthen internal controls related to manufacturing cost accounting.

Technical Skills

- Strong knowledge of:

- Standard costing and variance analysis

- Inventory accounting and valuation

- ERP systems (SAP CO, SAP Material Ledger preferred)

- Advanced Excel and data analysis skills

- Familiarity with BI tools (Power BI, Tableau) is a plus

Competencies Skills

- Strong analytical and problem-solving skills

- Attention to detail and accuracy

- Ability to work cross-functionally with operations teams

- Good communication and presentation skills

Proactive mindset with continuous improvement focus

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 Dy. Manager/ Manager - Manufacturing Costing (New Delhi)
🏢 HORIBA India
📍 New Delhi