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IMI Plc - Legacy Precision

Deputy Manager, Costing

Noida, Uttar Pradesh, IndiaPosted 5 days ago

Skills

ExcelAnalytical SkillsCommunicationStakeholder ManagementCollaboration

Job description

Location: Noida,Uttar Pradesh,India

Key Responsibilities

Plan, study, and collect cost data related to raw materials, inventory, and labor at SKU level

Analyze collected data and record findings

Assess the cost impact of changes in product design, raw materials, manufacturing methods, or services, and determine product-level margins

Analyze actual manufacturing costs and prepare standard versus actual cost reports

Record and maintain cost information to support expenditure control

Conduct cost audits and prepare related reports

Develop cost estimates for new and proposed products

Provide management with profitability and pricing analysis reports

Maintain and enhance the Cost Accounting System

Support month-end General Ledger closing activities

Conduct physical inventory counts and monitor cycle count programs

Reconcile finished goods inventory balances

Perform valuation of Work-in-Progress (WIP) and Finished Goods (FG) inventories

Reconcile Cost of Goods Sold (COGS) for reporting, internal audits, and external audits, while identifying process improvement opportunities

Manage fixed asset accounting in compliance with IGAAP requirements

Support other finance functions as required

Reconcile CAPEX spending against budgets and forecasts, and track payback periods and margin improvements for NPD and VAVE projects

Requirements

  • Relevant experience in Cost Accounting within automotive / manufacturing environment
  • Bachelor's Degree in Accounting, Finance, or CWA qualification
  • Strong background in cost systems and excellent analytical skills
  • Sound understanding of accounting principles
  • Advanced Excel skills and proficiency in Outlook and Word
  • Experience partnering with engineering and manufacturing teams on cost standard development and analysis
  • Ability to prepare accurate daily, weekly, monthly, quarterly, and annual reports
  • Strong communication and stakeholder management skills for cross-functional collaboration and follow-up activities

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