Costing Manager

Key Responsibilities

• Manage and maintain the standard costing system across all manufacturing facilities
• Lead periodic reviews of standard costs, cost structures and costing methodologies
• Ensure accurate costing of products, projects and manufactured goods
• Review and validate Bills of Materials (BOMs), routings and manufacturing master data
• Evaluate cost implications of new products, design changes and engineering modifications
• Develop and maintain cost models for new and existing products
• Analyse manufacturing cost drivers and identify opportunities for cost reduction

• Analyse actual manufacturing costs and conduct variance analysis against standards
• Monitor material, labour and overhead variances and recommend corrective actions
• Partner with Operations to improve manufacturing efficiency and profitability
• Prepare and present monthly manufacturing performance reports
• Monitor and report production yields, scrap rates and operational efficiencies

• Ensure accurate inventory valuation in accordance with company policies and accounting standards
• Lead annual stock counts and periodic cycle count programs
• Oversee inventory reconciliations and investigate inventory variances
• Review slow-moving, obsolete and excess inventory provisions
• Strengthen inventory controls and improve inventory accuracy

• Manage pricing master data and ensure pricing accuracy within ERP and Salesforce
• Support Commercial teams in project pricing, tender evaluations and customer quotations
• Perform customer, product and business segment profitability analysis
• Provide recommendations to improve margins and overall business profitability
• Support commercial decision-making through financial modelling and scenario analysis

• Support annual budgeting, forecasting and strategic planning activities
• Prepare cost center analysis and manufacturing financial reports
• Assist with month-end, quarter-end and year-end closing activities
• Provide management with reports analysing factors affecting costs, pricing and profitability
• Support management reporting requirements for Finance, Operations and Executive Leadership

• Lead continuous improvement initiatives within costing and inventory processes
• Drive ERP enhancements related to costing, inventory and reporting
• Improve data quality and integrity across costing structures and manufacturing records
• Identify automation opportunities that improve efficiency and reporting accuracy
• Promote best practices in manufacturing finance and cost management

• Work closely with Operations, Supply Chain, Procurement and Commercial teams to support business objectives
• Provide financial insight and recommendations for investment decisions and manufacturing projects
• Evaluate cost-saving opportunities and business optimization initiatives
• Support strategic projects, capital expenditure proposals and operational improvement programs

Qualifications

• Bachelor s degree in Accounting; a professional accounting qualification is an advantage.
• Minimum 6-8 years of cost accounting experience within a manufacturing environment.
• Strong knowledge of cost systems, accounting principles, cost standards, and financial reporting.
• Advanced Excel and PowerPoint skills; experience with Oracle or another ERP system is an advantage.
• Strong analytical skills with the ability to work independently and collaborate with engineering and manufacturing teams.
• This role is part of GFs offshore model and will support accurate financial and management reporting for the GF G5 and KSA businesses.
• Demonstrated ability to collaborate effectively in a multicultural environment across functions, countries and time zones.
• Excellent communication, stakeholder-management and influencing skills, with the ability to build trusted relationships with GF G5 and KSA teams.
• Ability to work independently from India while ensuring proactive coordination, responsiveness and service delivery to regional stakeholders.

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.