nandan terry pvt ltd
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Jobs at nandan terry pvt ltd
Position Title: MIS & Costing
Designation: Assistant Manager/ Manager/Sr Manager
Current Role: Costing Experience
Minimum Experience: 3 Years
Location: Ahmedabad, Gujarat
Education: Bachelor’s degree in Accounting, Finance, 3 years of experience in Costing & MIS, OR ICWA Qualified
Salary: No Bars for the Right Potential Candidate
Job Overview
We are looking for a highly skilled and detail-oriented MIS & Costing professional with over minimum 5 years of experience in Costing, MIS, SAP, and Product Costing. The ideal candidate will have a strong background in Costing, Product Costing, and financial planning proficiency in SAP ERP systems. You will play a key role in optimizing costing methodologies, driving insightful reporting, and ensuring accurate financial planning for the organization.
Key Responsibilities
1. Costing Analysis & Reporting
- Perform detailed product costing analysis, ensuring the accurate calculation of standard costs, variances, and margins.
- Develop cost models and perform cost analysis for new and existing products.
- Work closely with the product development, manufacturing, and procurement teams to track and manage product costs.
- Conduct monthly, quarterly, and annual variance analysis and highlight any discrepancies in cost structures.
2. MIS (Management Information System) Reporting
- Prepare and deliver monthly MIS reports on cost, financial performance, and key performance indicators (KPIs) for senior management.
- Create and maintain automated financial reporting tools to streamline MIS data extraction and presentation.
- Design customized reports and dashboards for various departments (Finance, Operations, etc.) to provide insights into cost management and efficiency.
3. SAP Costing Management
- Manage and maintain costing functionality within SAP, ensuring that data integrity and accuracy are consistently upheld.
- Collaborate with SAP teams to ensure accurate and efficient integration of costing data across the system.
- Implement cost-related improvements and enhancements within the SAP environment.
4. Product Costing & Profitability Analysis
- Oversee the establishment of product costings, ensuring alignment with manufacturing and procurement processes.
- Conduct regular reviews of product costs and identify areas for cost optimization.
- Perform profitability analysis by comparing actual versus expected performance, providing recommendations for improvements.
5. Budgeting & Forecasting
- Assist in the preparation and review of annual budgeting and forecasting processes, focusing on cost analysis and financial projections.
- Provide cost forecasts based on market trends, historical data, and production plans.
6. Cross-Functional Collaboration
- Work closely with operations, production, and procurement teams to ensure accurate cost tracking and timely reporting.
- Provide costing insights to support strategic decision-making for new projects, product launches, and cost-saving initiatives.
7. Process Improvement
- Identify opportunities for process improvements in costing methodologies and MIS reporting.
Develop and implement best practices for costing, reporting, and data management to enhance overall efficiency.
Experience:
- Minimum of 3 years of experience in Costing, MIS, and SAP.
- At least 3 years of experience in Product Costing or similar roles, ideally in a manufacturing or production environment.
- Proven track record of delivering accurate and actionable financial reports.
Skills:
- Advanced proficiency in SAP (preferably SAP S/4HANA or SAP FICO).
- Strong knowledge of Costing techniques, including standard costing, activity-based costing, and variance analysis.
- Proficient in Microsoft Excel (advanced functions such as Pivot Tables, VLOOKUP, etc.) and other financial analysis tools.
- Strong analytical and problem-solving skills, with the ability to manage multiple projects simultaneously.
- Excellent verbal and written communication skills for reporting and cross-functional collaboration.
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