Costing & MIS Manager

Role & responsibilities

• Lead product, production and manufacturing costing across multiple products and operations.
• Prepare and analyse product-wise, plant-wise and business-wise costing.
• Develop detailed costing models covering raw material, labour, overheads, wastage and other production costs.
• Prepare and present financial MIS and management reports for senior management.
• Analyse actual vs. standard/budgeted cost and identify significant variances.
• Conduct profitability analysis by product, customer, business segment and plant.
• Analyse material consumption, production efficiency, wastage, labour cost and overhead absorption.
• Provide actionable financial and operational insights to management for pricing, profitability and business decisions.
• Prepare budgets, forecasts and cost projections and monitor performance against approved budgets.
• Identify cost reduction opportunities, profitability improvement areas and operational inefficiencies.
• Coordinate with Plant, Production, Procurement, Stores, Sales, Finance and Head Office to collect, validate and reconcile operational and financial data.
• Ensure proper coordination and reporting between Plant and Head Office.
• Prepare costing for new products, quotations, pricing and margin evaluation.
• Monitor and report cost trends, margin movements and key financial KPIs.
• Develop and maintain MIS dashboards and management reporting formats.
• Support management with cash flow analysis, financial planning and business performance analysis.
• Review existing processes and implement improvements in costing, MIS, controls and reporting systems.
• Coordinate with internal and external auditors wherever required.
• Assist in developing and implementing SOPs, internal controls and process improvements.
• Ensure accuracy, completeness and timely submission of all costing and MIS reports.

Preferred candidate profile

• 510 years of relevant experience in Costing, Management Accounting, Financial MIS, Plant Finance, Financial Analysis or Manufacturing Finance.
• CA / CMA / ICWA preferred.
• MBA Finance / M.Com candidates with strong and relevant manufacturing costing experience may also be considered.
• Strong experience in Product Costing, Multi-Product Costing, Cost Control and Cost Analysis.
• Strong knowledge of Management Accounting and Manufacturing Costing.
• Proven experience in MIS Reporting, Budgeting, Forecasting, Variance Analysis and Profitability Analysis.
• Strong understanding of material cost, labour cost, overheads, wastage, production cost and cost allocation.
• Experience in Plant-wise, Product-wise and Business-wise performance analysis.
• Ability to convert financial and operational data into actionable insights for management decision-making.
• Experience in identifying cost variances, profitability gaps, cost-saving opportunities and operational inefficiencies.
• Strong experience coordinating with Head Office and Plant teams.
• Experience with SAP / ERP / Tally or other financial and business management systems.
• Advanced knowledge of MS Excel, including Pivot Tables, VLOOKUP/XLOOKUP, SUMIFS and data analysis.
• Experience in Cash Flow Management, Financial Planning and Reporting will be an advantage.
• Exposure to Internal Controls, Audit Coordination, SOP Development and Process Improvement preferred.
• Strong analytical, problem-solving and stakeholder management skills.
• Excellent communication and presentation skills.
• Candidates from Manufacturing, Textile, Garment, Apparel, Footwear, Diamond, Pharmaceutical, Engineering or similar industries will be preferred.