Manager - Costing

Location: Anand, Gujarat

Position: Manager - Costing

Experience: Relevant experience in the Packaging Industry is essential

Salary: Competitive, commensurate with experience and qualifications

About the Role:

We are seeking a highly analytical and experienced Costing Manager to join our dynamic team in Anand. This is a critical leadership role responsible for overseeing all aspects of product costing, cost analysis, and profitability management within our packaging manufacturing environment. The ideal candidate will be a strategic partner to the operations and commercial teams, providing data-driven insights to optimize costs, improve margins, and support key business decisions.

Key Responsibilities:

1. Cost Accounting & Analysis:

Develop and maintain accurate standard costs for all products (e.g., corrugated boxes, flexible packaging, cartons) including raw material (paper, board, inks, films), labor, and overheads.
Conduct monthly cost roll-ups and analyze variances (Purchase Price Variance, Material Usage Variance, Labor Efficiency Variance).
Perform detailed product profitability analysis and customer profitability studies.
Analyze actual manufacturing costs and prepare periodic reports comparing standard costs to actual production costs.

2. Budgeting & Forecasting:

Lead the development of the annual manufacturing budget and periodic forecasts.
Provide costing inputs for new projects, capex justifications, and business plans.
Monitor departmental budgets and investigate significant variances.

3. Process Improvement & Systems:

Identify and drive cost-saving and process improvement initiatives across production, procurement, and logistics.
Evaluate and recommend improvements to the costing system and procedures.
Work closely with the ERP/MRP team to ensure integrity of cost-related data (e.g., BOMs, routings, yields).

4. Commercial & Strategic Support:

Provide accurate and timely cost estimates for new product development (NPD) and customer quotations in collaboration with the Sales team.
Support pricing strategies by providing detailed cost breakdowns and scenario analysis.
Analyze "make vs. buy" decisions for components or services.

5. Team Leadership & Reporting:

Supervise and mentor the costing team, ensuring accuracy and timeliness of all deliverables.
Prepare and present monthly costing reports, margin analysis, and management dashboards to senior leadership.
Ensure compliance with internal financial controls and costing policies.

Qualifications & Experience:

Education: CA / ICWA / MBA (Finance) or a related degree. A bachelor's degree in Commerce/Accounting with relevant experience will also be considered.
Experience: Minimum of 8-12 years of progressive experience in costing, finance, or management accounting, with at least 5 years in a manufacturing environment. Experience in the Packaging Industry (Corrugated, Flexible, Folding Cartons, etc.) is mandatory.
Technical Skills:
Expertise in standard costing, variance analysis, and activity-based costing.
High proficiency in MS Excel (Advanced formulas, PivotTables, etc.) and ERP systems (SAP, Oracle, Tally, or similar).
Strong understanding of Bills of Material (BOM), routings, and production processes.
Soft Skills:
Excellent analytical, problem-solving, and decision-making skills.
Strong communication and presentation skills, with the ability to explain complex cost concepts to non-finance stakeholders.
Proven leadership and team management abilities.
High level of integrity, accuracy, and attention to detail.

What We Offer:

A key leadership role in a growing and stable organization.
Opportunity to make a significant impact on business profitability.
Competitive salary and benefits package as per industry standards.
A collaborative work environment in the heart of Anand.

Manager - Costing jobs

Manager - Costing