Key Responsibilities Product Costing &

- Cost Sheets • Prepare, review and maintain product-wise and SKU-wise cost sheets, including material, labour, overheads, packaging and other applicable costs.
- Develop and update standard costs, BOM-based costing and routing/process cost inputs in coordination with Production and relevant departments.
- Analyse actual versus standard costs and identify reasons for deviations, abnormal consumption and cost leakages.
- Evaluate the cost impact of changes in raw materials, vendors, product specifications, production processes and batch sizes. Cost Control &
- Variance Analysis • Monitor material consumption, wastage, rejection, rework, labour and manufacturing overheads against standards and budgets.
- Prepare periodic cost variance reports and highlight key drivers with actionable recommendations.
- Track conversion cost, overhead absorption, production yield and cost per unit across product categories or production lines.
- Coordinate with plant teams to validate operational data and drive cost-reduction initiatives. Inventory &
- MIS • Support accurate valuation and reconciliation of raw materials, work-in-progress and finished goods in accordance with applicable accounting policies.
- Review inventory movement, ageing, slow/non-moving stock, excess consumption and stock adjustments; investigate unusual variances.
- Prepare monthly MIS covering product costs, material price/usage variances, manufacturing expenses, inventory and profitability trends.
- Assist in month-end closing activities, including cost allocation, provisions, reconciliations and supporting schedules. Budgeting, Forecasting &




- Business Support • Assist in preparation of annual operating budgets, standard cost budgets and periodic forecasts.
- Provide costing inputs for pricing decisions, new product development, quotations and make-or-buy evaluations.
- Conduct product/customer/category profitability analysis and support margin-improvement initiatives.
- Prepare data-backed cost scenarios and analysis for management review. Controls, Compliance &
- Coordination • Maintain proper documentation and audit trails for costing assumptions, BOM changes, cost revisions and inventory adjustments.
- Support internal, statutory and other audits by providing reconciliations, schedules and relevant records.
- Ensure costing and inventory-related processes are followed consistently and recommend improvements in controls and reporting.
- Coordinate with cross-functional teams to improve the accuracy and timeliness of operational and financial data.

Freewill Sports

Pvt. Ltd. | NIVIA Sports Qualification &

Experience • ICMAI Inter / CMA qualified, or CA Inter with robust relevant costing experience. CMA qualification will be an added advantage.

- Typically 3–6 years of relevant experience in costing, management accounting or plant finance, preferably in a manufacturing organisation.




- Hands-on exposure to product costing, BOM, inventory valuation, variance analysis, budgeting and MIS is preferred.

Technical

Skills • Strong understanding of cost accounting principles, standard costing, variance analysis and manufacturing cost structures.
- Advanced working knowledge of MS Excel, including lookups, pivot tables and data analysis; proficiency in ERP systems is preferred.
- Ability to analyse large datasets, identify trends and present clear management reports.
- Working knowledge of applicable accounting standards and inventory valuation practices. Core Competencies • Analytical thinking, numerical accuracy and attention to detail.
- Problem-solving and cost-conscious approach.
- Cross-functional coordination and effective communication.
- Ownership, integrity, time management and ability to meet periodic reporting deadlines.

Key Performance

Indicators (KPIs) • Accuracy and timely completion of product cost sheets and standard cost updates.
- Timeliness and quality of monthly costing MIS and variance reports.
- Accuracy of inventory valuation and reconciliation support.
- Identification and implementation support for measurable cost-saving opportunities.
- Closure of audit observations and adherence to costing controls.

Pay: ₹30,000.00 - ₹60,000.00 per month

Application Question(s)

- Do you have following qualification - CA / CMA inter or qualified?
- What is your current Salary?
- What is your salary expectation?
- How soon can you join?
- Are you willing to work on-site Jalandhar , Punjab location?

Work Location: In person

📌 Sr. Executive- CMA (Jalandhar)
🏢 Nivia Sports
📍 Jalandhar