Deputy Manager (Cost Controller)

Role & responsibilities

1. Take ownership of product-costing, inventory valuation and manufacturing variance reporting.
2. Perform periodic or annual standard-cost roll ups.
3. Validate BOMs, routings, work centres, activity rates and overhead structures.
4. Analyse purchase-price, usage, yield, scrap, labour, machine-efficiency, subcontracting and overhead variances.
5. Quantify the financial impact of variances, identify root causes with accountable functions, track actions to closure and report recurring issues to plant leadership.
6. Lead plant budgeting, forecasting and cost-centre planning.

7. Calculate and report profitability by product, customer, sales order, project and plant, including contribution margin, gross margin and major margin leakage drivers.

8. Coordinate cycle-count and physical-inventory outcomes, investigate book-to-physical differences and ensure timely approval of excess, obsolete and slow-moving inventory provisions.

9. Take Ownership of costing close calendar, including WIP calculation, variance calculation, production-order settlement, inventory-to-GL reconciliation and review of abnormal or aged open orders.

1. Partner with Procurement on commodity movements, supplier increases and cost-reduction plans.
2. Partner with Engineering on value engineering, make-versus-buy and design-to-cost decisions.
3. Partner with Operations on productivity, capacity utilization and conversion-cost improvement.
4. Support pricing, quotation and margin-approval processes.
5. Develop management dashboards with clear variance ownership and corrective actions.
6. Strengthen costing master-data governance.
7. Establish controls over manual cost adjustments, standard-price changes and overhead allocation.
8. Support statutory, internal and cost audits covering inventory, WIP, product costing, capitalisation, provisions and adherence to costing policies; ensure audit observations are closed within agreed timelines.
9. Hands-on cost-audit experience under applicable Indian cost-accounting requirements is mandatory.

Preferred candidate profile

• Bachelor or Post Graduate degree in commerce, Finance, Cost Accounting or Diploma / Engineering (Production, Mechanical) with 7-10 years of relevant manufacturing-costing experience.
• Hands-on experience in SAP ECC and/or SAP S/4HANA, particularly FI/CO, MM, PP and CO-PA.