Deputy Manager - Costing

Mahindra & Mahindra LimitedNash, IN

About The Position

This role is for a Deputy Manager specializing in Costing, with a focus on product and standard costing systems. The position involves detailed analysis of material consumption, inventory, and operational costs, providing business solutions from a material accounting perspective, and contributing to monthly closing processes. The role also includes appraising new projects, making buy-or-not-buy decisions, and preparing regular MIS reports for leadership.

Requirements

  • ICWAI / CA with SAP Knowledge
  • Proficiency in MS Office, Excel and Working knowledge of SAP, is must
  • Sound knowledge of SAP is mandatory
  • Should be able to effectively communicate with Operations and other units
  • Team Player
  • Good Communication Skills
  • Should be self starter
  • Should be able to highlight exceptional items and improvement points based on trend analysis.

Nice To Haves

  • 2 to 3 years Post Qualification Experience preferred
  • Industry Preferred: Automobiles, Auto-Anciliary, Manufacturing

Responsibilities

  • Expert in the area of Product / Standard Costing system
  • Reconciliation of Material consumption
  • Inventory calculation for monthly closing, its analysis & actionable MIS to all the stakeholders.
  • Model cost rollup, analysis and variance analysis
  • Machine and Labour hour rate working
  • Providing business solutions to Operations team from Material accounting point of view.
  • Monthly Closing as per deadlines and identifying exceptional items in material, expenses, despatches/Sales by way of proper analysis.
  • Appraisal of new Projects, Make or Buy decisions, and various benchmarking scenario's
  • Periodic MIS to leadership team (Profit and Loss Account, Financial Ratios)
  • Balance Sheet Analysis (Debtors, CWIP, etc)
  • Tracking, monitoring and control of any abnormal postings to Job orders.
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