Costing Manager

Cost Accounting & Analysis

• Prepare and maintain accurate cost records, analyze cost variances, and perform product costing (raw material to finished goods).
  
• Monitor production processes to determine actual vs standard costs.
  
• Conduct variance analysis (material, labor, overhead) and report to management with action plans.
  

Inventory & Material Management

• Review and control of material consumption, stock valuation, and inventory audits.
  
• Work closely with procurement, production, and stores to track raw material usage and wastage.
  

Budgeting & Forecasting

• Assist in preparing annual budgets, quarterly forecasts, and cost projections.
  
• Track and report key performance indicators (KPIs) and highlight areas of improvement.
  

MIS & Reporting

• Prepare periodic MIS reports for cost trends, profitability analysis, and decision-making.
  
• Present cost data to senior management for strategic decisions.
  

Internal Controls & Compliance

• Ensure adherence to statutory compliance as per ICWA/Cost Accounting Standards.
  
• Support internal and external audits with required documentation and explanations.
  

Cost Optimization

• Identify areas for cost reduction and process efficiency improvements.
  
• Participate in cross-functional projects to drive operational efficiency