Costing Head

Role & responsibilities

• Prepare and validate detailed product cost sheets (fabric, trims, CM, overheads) for styles/orders across buyers and categories.
• Drive pre-costing and post-costing analysis, tracking variances and identifying cost leakages.
• Partner with merchandising and procurement teams to support pricing decisions, margin negotiations. Prepare and review the factory and order profitability.
• Monitor and analyse actual vs. costed order profitability (fabric consumption, labour efficiency, overhead absorption).
• Work closely with production, sourcing, and industrial engineering teams to optimize cost structures and improve efficiencies.
• Develop and maintain costing models, benchmarks, and standard cost databases for different product categories.
• Evaluate capex proposals (machinery, automation, capacity expansion) and ROI analysis.
• Identify and drive cost optimization initiatives across raw materials, processes, and supply chain.
• Strengthen commercial controls and governance around costing, approvals, and margin thresholds.
• Prepare and present MIS reports on costing, margins, and various profitability reports such as factory and customer profitability, for management review.
• Lead/mentor a small team and support cross-functional coordination for seamless execution.
• Ability to engage, guide, influence and challenge multiple stake holders across departments.