Senior Cost Controller - Manufacturing Operations
Job Overview:
We are seeking a skilled Cost Accountant to join our team. The ideal candidate will have experience in managing and analyzing costing-related data, preparing accurate management reports, and providing insights for strategic decision-making.
Key Responsibilities
• Costing:
• Develop and maintain cost sheets for products and processes.
• Analyze standard costing, actual costing, and variance analysis.
• Evaluate raw material, labor, and overhead costs.
• Coordinate with production, purchase, and R&D for costing inputs.
• Monitor and control Bill of Materials (BOM) and standard costs in ERP.
• Identify cost-saving opportunities and provide recommendations.
• Perform margin analysis, pricing validation, and profitability analysis.
• MIS (Management Information System):
• Design and generate daily, weekly, monthly, and quarterly MIS reports.
• Analyze financial and operational performance indicators.
• Prepare dashboards, management review presentations, and KPIs.
• Track budget vs. actual performance and suggest corrective actions.
• Support financial planning and analysis (FP&A) processes.
• Automate reports and streamline data collection using tools like Excel, Power BI, or ERP.
• Compliance & Audit:
• Evaluate costing procedures to ensure alignment with internal controls and accounting standards.
• Support audits with costing-related data and reports.
Required Skills and Qualifications:
• Strong analytical and numerical skills.
• In-depth knowledge of costing methodologies (standard, absorption, activity-based costing, etc.).
• Proficiency in MS Excel, ERP systems (e.g., SAP, Oracle, Tally), and MIS tools.
• Attention to detail with problem-solving abilities.
• Good communication skills to interact with cross-functional teams.
Educational and Experience Requirements:
• Bachelor's degree in Commerce, Accounting, or related field.
• At least 5 years of experience in costing and MIS in a manufacturing setup.
Industry Preferences:
• Medical Devices, Pharmaceuticals, FMCG, Engineering, or Manufacturing.