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Georg Fischer

Costing Manager

Mumbai6-8 yrsPosted 1 day ago

Skills

SalesforceExcelDecision MakingLeadershipAnalytical SkillsCommunicationSupply Chain

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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