Job Description

Roles & Responsibilities

• Manage and oversee product costing processes within the ERP environment.
• Develop, maintain, and validate standard costing structures for all products.
• Analyze raw material, labour, conversion, and overhead costs.
• Monitor and report manufacturing variances including material usage variances, labor variances, overhead absorption variances, and production efficiency variances.
• Review and validate Bills of Materials (BOMs), routings, and machine rates.
• Ensure accurate allocation of manufacturing overheads and factory expenses.
• Conduct periodic cost reviews and recommend cost optimization opportunities.
• Work closely with IT, production, and supply chain teams to ensure costing accuracy within the ERP system.
• Support ERP process improvements related to costing, inventory, production accounting, and reporting.
• Ensure integrity of master data related to items, cost centres, BOMs, routings, and standard costing structures.
• Participate actively in ERP enhancement, automation, and digital transformation initiatives.
• Lead annual budgeting and forecasting exercises for manufacturing & trading operations.
• Prepare factory-wise and product-wise profitability analysis.
• Support monthly MIS reporting and management presentations.
• Monitor budget utilization and highlight key deviations with actionable recommendations.
• Support inventory valuation and stock reconciliation processes.
• Coordinate with operations and stores teams on inventory controls and cycle counts.
• Ensure compliance with accounting standards and internal control requirements.
• Assist in improving operational KPIs and productivity measurements.
• Work closely with production, procurement, supply chain, and commercial teams.
• Provide financial insights to support pricing, product mix, and operational decisions.
• Support management in identifying profitability improvement opportunities.

Desired Candidate Profile

• Qualified Chartered Accountant / Cost Accountant (CMA)
• Strong factory-based experience
• Experience in food packaging industry, FMCG manufacturing, or plastics / paper / flexible packaging industries preferred
• Strong knowledge of standard costing
• ERP-based manufacturing accounting
• Budgeting & forecasting
• Inventory accounting
• Variance analysis
• Product profitability analysis
• Exposure to ERP costing configuration and production accounting within Microsoft Dynamics 365 Finance & Operations (F&O)
• Advanced Excel and analytical skills
• Knowledge of Power BI or business analytics tools (added advantage)
• Strong analytical and problem-solving capabilities
• Good communication and stakeholder management skills
• Ability to work closely with cross-functional operational teams
• Commercially oriented with attention to detail
• Proactive, hands-on, and process improvement mindset