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Deputy Manager - Finance costing
Deputy Manager - Finance costingPropel Industries Private Limited • Delhi, India
Deputy Manager - Finance costing

Deputy Manager - Finance costing

Propel Industries Private Limited • Delhi, India
4 days ago
Job description

Role : Costing & MIS Analyst (Manufacturing / Industrial Products)

Responsibilities :

  • Perform daily Sales and Cost of Goods Manufactured (COGM) analysis, comparing actual vs. standard costs, and identify key cost drivers affecting profitability. Prepare summaries to support management decisions.
  • Carry out Work-in-Progress (WIP) valuation on a periodic basis, ensuring accuracy in inventory accounting. Conduct variance analysis for material, labor, and overhead to highlight deviations and recommend corrective actions.
  • Analyze the COGM-related General Ledger (GL) accounts in the Profit & Loss statement, validating account balances, allocations, and cost postings. Coordinate with Finance and Plant teams to ensure correctness of entries and month-end closing.
  • Review spare parts and wear part pricing periodically. Evaluate cost changes, market pricing trends, and margin impacts. Propose price revisions aligned with profitability, cost recovery, and competitive positioning.
  • Conduct sales order-level profitability analysis, covering margins, contribution, cost absorption, and discounts. Provide insights to Sales and Commercial teams for pricing decisions and deal approvals.
  • Ensure accurate and timely preparation of MIS reports, dashboards, and cost performance summaries for management review. Support weekly / monthly business reviews with clear data interpretation and recommendations.

Qualifications

  • Min 5 - 12 years of experience in costing within engineering industries.
  • Strong ability to influence stakeholders effectively.
  • Proficiency and comfort with numerical data.
  • Excellent verbal and written communication, presentation, and analytical skills.
  • Hands-on experience with Excel.
  • Knowledge of SAP is essential.
  • Experience in report preparation and analysis.
  • Educational Qualifications

  • B.Com in any specialization.
  • ICWA (CMA) in any specialization.
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