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.
