Senior Manager – Costing (Listed, Manufacturing)

About Company The company is a leading manufacturer and retailer in the luggage, travel accessories, and lifestyle products industry.

Job Description Costing & Financial Control · Lead standard costing framework and analyze variances to drive actionable business insights. · Strengthen costing systems, processes, and internal controls for accuracy and governance. · Monitor material variances, yield, and efficiency metrics and drive corrective actions. · Ensure accurate inventory valuation and validate landed costs for effective procurement decisions.

Inventory & BOM Management · Oversee BOM validation and updates in collaboration with plant teams. · Track inventory ageing, slow-moving stock, and drive corrective actions. · Ensure robust stock reconciliation and alignment with financial records.

MIS, Budgeting & Analysis · Deliver accurate MIS up to contribution/EBITDA level for performance tracking. · Lead budgeting, forecasting, and variance analysis processes. · Drive contribution analysis and ensure reconciliation with financial statements.

Business Partnering · Work closely with cross-functional teams on pricing, NPD costing, and cost revisions. · Provide actionable insights to improve margins and optimize cost structures.

Cost Optimization & Projects · Identify and execute cost-saving initiatives across procurement, production, and logistics. · Track and evaluate cost reduction projects with measurable business impact.

Governance & Compliance · Support internal and statutory audits and ensure timely closure of audit observations. · Strengthen controls and documentation across costing and inventory processes.

Systems & Automation · Drive automation of MIS and costing processes to improve efficiency and accuracy. · Leverage SAP, BI tools, and analytics for enhanced decision-making.

Plant Interface · Engage with plant teams through regular visits to understand operations and validate cost drivers. · Ensure strong linkage between shop-floor realities and financial reporting.

Qualification & Skills-

• CA/CMA with 7-12 yrs of experience into related area.
• Candidates from listed product based manufacturing is mandatory.
• Strong business partnering skills with ability to communicate effectively across functions.
• Analytical thinking with problem-solving approach.
• Ability to challenge numbers and drive discussions with business teams.
• Good team player with ability to work across departments.
• Experience in

costing, MIS, budgeting, and inventory management in manufacturing.

• Should have knowledge of Balance Sheet and P&L reading.
• Strong working knowledge of

SAP (MM, FI, CO, COPA) .

• Understanding of

cost structures, plant operations, and production processes .

• Exposure to

automation, BI tools, and process improvement initiatives .