Senior Manager-Costing

Job Description: Senior Manager – Costing

Location: Pune Balewadi

Who We Are

Founded in 2015 and headquartered in Pune, Frido is a leading ergonomic comfort and wellness brand dedicated to helping people walk, sit, and sleep better. Starting with mobility aids, Frido has evolved into a holistic comfort brand offering footwear, cushions, pillows, and ergonomic accessories designed to enhance everyday well-being. With innovation at its core, Frido blends science, design, and technology to create products that bring comfort to every step and moment of life.

Our Vision: Redefining Comfort for Modern Living

What We Offer:

• Ergonomic Footwear & Insoles: Designed to reduce foot strain and improve posture.

• Cushions & Backrests: For enhanced sitting comfort at work or home.

• Sleep & Rest Products: Including orthopedic pillows and supportive accessories.

• Mobility Aids: Wheelchairs and assistive devices promoting independence and comfort.

• Experiential Retail & Custom Comfort Solutions: Foot-scanning, posture analysis, and personalized product recommendations.

Role Overview

We are looking for a sharp, data-driven Senior Manager – Costing with 7+ of experience rooted deeply in a manufacturing setup, combined with agility from the D2C space. You will own our product costing, factory variance analysis, and margin optimization strategies. This isn't just a desk job—you will closely partner with the Plant Operations, Supply Chain, and Product Development teams to optimize our Cost of Goods Sold (COGS) right from the production line to the customer's doorstep.

What You'll Do

• Shop-Floor Cost Ownership: Standardize and maintain product costing models, end-to-end Bill of Materials (BOM) validation, and landing cost structures for all manufacturing processes.

• Plant & Manufacturing Variance: Run rigorous monthly variance analyses (Actual vs. Standard costs) for raw materials, conversion costs, labor efficiency, machine hours, and scrap/wastage.

• Margin Optimization: Deep-dive into plant operational data to identify cost leakages on the floor and drive continuous improvement/cost-reduction initiatives.

• Vendor & Supply Chain Collaboration: Evaluate raw material vendor cost break-ups, participate in procurement negotiations, and assess the financial viability of contract manufacturers (CMOs).

• Strategic Pricing Support: Partner with Growth and Marketing teams to simulate pricing models, ensuring production costs and promotional discounts align with healthy contribution margins.

• Budgeting & Forecasting: Lead the annual plant/production budgeting process and closely track factory overheads against financial forecasts.

What We're Looking For

• Experience: 10–12 years of core costing experience, with a strong background in a manufacturing/factory environment, combined with at least 2–3 years in a fast-growing D2C or consumer goods brand.

• Core Expertise: Exceptional, practical knowledge of product costing, material yield variance, inventory valuation, and standard costing frameworks.

• Manufacturing & D2C Blend: Proven ability to bridge the gap between traditional factory floor cost dynamics and fast-paced E-commerce realities (like rapid product launches and logistics costs).

• Technical Chops: Advanced Excel/Google Sheets skills are non-negotiable. Strong hands-on experience navigating manufacturing ERP systems and inventory management modules.

• Analytical Mindset: An ability to deep-dive into plant data, identify operational inefficiencies, and turn numbers into actionable manufacturing strategies.

Why Join Us

• You will have a direct, visible impact on the brand's financial health and scaling strategy.

• A collaborative, high-growth environment where good ideas turn into reality quickly without layers of bureaucracy.

• Competitive compensation and benefits package.

Interested candidates can share their CV to [HIDDEN TEXT]