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.