Costing Manager

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