Georg Fischer
Georg Fischer·11 days ago

Costing manager

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Location

onsite, Mumbai, MH, India

Commitment

Full Time

Level

Senior (5+ years)

Required skills

Cost AccountingProduct CostingVariance AnalysisInventory ManagementFinancial ReportingERP SystemsOracleManufacturing FinanceData AnalysisFinancial ModelingPricing AnalysisBudgetingForecastingStakeholder ManagementProcess ImprovementBusiness Partnering

Job Description

Key Responsibilities:

  • Cost Accounting & Product Costing
    • Manage and maintain the standard costing system across all manufacturing facilities
    • Lead periodic reviews of standard costs, cost structures and costing methodologies
    • Ensure accurate costing of products, projects and manufactured goods
    • Review and validate Bills of Materials (BOMs), routings and manufacturing master data
    • Evaluate cost implications of new products, design changes and engineering modifications
    • Develop and maintain cost models for new and existing products
    • Analyse manufacturing cost drivers and identify opportunities for cost reduction
  • Manufacturing Finance & Variance Analysis
    • Analyse actual manufacturing costs and conduct variance analysis against standards
    • Monitor material, labour and overhead variances and recommend corrective actions
    • Partner with Operations to improve manufacturing efficiency and profitability
    • Prepare and present monthly manufacturing performance reports
    • Monitor and report production yields, scrap rates and operational efficiencies
  • Inventory Management & Controls
    • Ensure accurate inventory valuation in accordance with company policies and accounting standards
    • Lead annual stock counts and periodic cycle count programs
    • Oversee inventory reconciliations and investigate inventory variances
    • Review slow-moving, obsolete and excess inventory provisions
    • Strengthen inventory controls and improve inventory accuracy
  • Pricing & Profitability Analysis
    • Manage pricing master data and ensure pricing accuracy within ERP and Salesforce
    • Support Commercial teams in project pricing, tender evaluations and customer quotations
    • Perform customer, product and business segment profitability analysis
    • Provide recommendations to improve margins and overall business profitability
    • Support commercial decision-making through financial modelling and scenario analysis
  • Financial Planning & Reporting
    • Support annual budgeting, forecasting and strategic planning activities
    • Prepare cost center analysis and manufacturing financial reports
    • Assist with month-end, quarter-end and year-end closing activities
    • Provide management with reports analysing factors affecting costs, pricing and profitability
    • Support management reporting requirements for Finance, Operations and Executive Leadership
  • Process Improvement & ERP Systems
    • Lead continuous improvement initiatives within costing and inventory processes
    • Drive ERP enhancements related to costing, inventory and reporting
    • Improve data quality and integrity across costing structures and manufacturing records
    • Identify automation opportunities that improve efficiency and reporting accuracy
    • Promote best practices in manufacturing finance and cost management
  • Business Partnering
    • Work closely with Operations, Supply Chain, Procurement and Commercial teams to support business objectives
    • Provide financial insight and recommendations for investment decisions and manufacturing projects
    • Evaluate cost-saving opportunities and business optimization initiatives
    • Support strategic projects, capital expenditure proposals and operational improvement programs

Qualifications:

  • Bachelor’s degree in Accounting; a professional accounting qualification is an advantage.
  • Minimum 6–8 years of cost accounting experience within a manufacturing environment.
  • Strong knowledge of cost systems, accounting principles, cost standards, and financial reporting.
  • Advanced Excel and PowerPoint skills; experience with Oracle or another ERP system is an advantage.
  • Strong analytical skills with the ability to work independently and collaborate with engineering and manufacturing teams.
  • This role is part of GF's offshore model and will support accurate financial and management reporting for the GF G5 and KSA businesses.
  • Demonstrated ability to collaborate effectively in a multicultural environment across functions, countries and time zones.
  • Excellent communication, stakeholder-management and influencing skills, with the ability to build trusted relationships with GF G5 and KSA teams.
  • Ability to work independently from India while ensuring proactive coordination, responsiveness and service delivery to regional stakeholders.

Contact person:

Miti Zala Talent Acquisition & Employee Engagement Manager, GF G5 & KSA miti.zala@georgfischer.com

Please submit your application via the ‘Apply’ button. The recruiter’s email is for enquiries only.

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