Costing & Budgeting Manager (CA/CMA) - Mandatory

Qualification

Experience

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About the Role

Costing & Manufacturing Finance

• Manage end-to-end product costing processes within the ERP environment.
• Develop, maintain, and validate standard costing structures for all products.
• Analyze raw material, labor, conversion, and overhead costs.
• Monitor manufacturing variances including:
• Material usage variances
• Labor variances
• Overhead absorption variances
• 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 identify cost optimization opportunities.

ERP & Systems

• Work closely with IT, production, and supply chain teams to ensure costing accuracy within ERP systems.
• Handle costing and manufacturing modules in Microsoft Dynamics 365 Finance & Operations (F&O).
• Support ERP process improvements related to costing, inventory, production accounting, and reporting.
• Ensure integrity of master data including items, cost centers, BOMs, routings, and costing structures.
• Participate in automation and digital transformation initiatives.

Budgeting & Planning

• Lead annual budgeting and forecasting exercises for manufacturing and 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 corrective recommendations.

Inventory & Operational Controls

• Support inventory valuation and stock reconciliation activities.
• Coordinate with operations and warehouse teams on inventory controls and cycle counts.
• Ensure compliance with accounting standards and internal financial controls.
• Support improvement of operational KPIs and productivity measurements.

Business Partnering

• Partner closely with production, procurement, supply chain, and commercial teams.
• Provide financial insights to support pricing, product mix, and operational decisions.
• Assist management in identifying profitability improvement opportunities.

Qualification

• Qualified Chartered Accountant (CA) or Cost Accountant (CMA) – Mandatory

Experience

• Minimum 10 years of experience in:
• Manufacturing costing
• Factory finance
• Budgeting & forecasting
• Manufacturing accounting
• Strong factory-based manufacturing experience is essential.
• Preferred industry exposure:
• Food Packaging
• FMCG Manufacturing
• Flexible Packaging
• Plastics
• Paper Packaging

Technical Skills

• Strong expertise in:
• Standard Costing

• BOM & Routing

• Variance Analysis
• Inventory Accounting

• Budgeting & Forecasting

• Hands-on experience with Microsoft Dynamics 365 F&O preferred.
• Advanced Excel skills required.
• Knowledge of Power BI or business analytics tools will be an added advantage.

Personal Attributes

• Strong analytical and problem-solving abilities.
• Excellent communication and stakeholder management skills.
• Commercially focused with strong attention to detail.
• Proactive and process-improvement-oriented mindset.
• Ability to work effectively with cross-functional operational teams.