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Zen Technologies - Assistant Manager - Costing

Zen Technologies - Assistant Manager - Costing

Zen Technologies LimitedHyderabad, India
30+ days ago
Job description

In this critical role, you will manage end-to-end cost accounting for product lines, identify cost improvement opportunities, support bid pricing, and drive analytical insights to enhance financial and operational performance. You will work closely with cross-functional teams including production, engineering, and sales.

  • Lead detailed product and project-level costing, including direct and indirect cost elements.
  • Perform margin analysis across products and contracts, identifying cost levers for improvement.
  • Reconcile budgeted vs actual costs and drive root-cause variance analysis.
  • Collaborate with operations teams to assess production bottlenecks and resource constraints impacting cost or output.
  • Recommend process or sourcing changes to reduce idle time and improve throughput.
  • Support sales during bid evaluations, ensuring pricing is aligned with cost structure and target margins.
  • Run sensitivity analysis for large deals and product customizations.
  • Lead preparation of cost and margin dashboards and support budget planning.
  • Contribute to performance forecasting using cost and efficiency metrics.
  • Ensure accurate inventory and WIP valuation in line with internal policies and cost standards.
  • Accuracy of product costing and margin projections
  • Reduction in cost variances and operational inefficiencies
  • Win-rate improvement in price-sensitive bids
  • Improvement in cost-to-output ratios
  • Timely delivery of reports to internal stakeholders
  • 69 years of experience in cost accounting in manufacturing or engineering-heavy industries
  • Exposure to project-based or contract manufacturing costing preferable
  • Strong command of standard costing, inventory accounting and variance analysis
  • Familiarity with ERP systems
  • Understanding of Theory of Constraints (TOC) or throughput thinking
  • Hands-on experience supporting pricing or bid processes
  • Strong analytical and cross-functional communication skills
  • CMA or equivalent
  • Additional coursework or certification in operations finance (preferred) B-42, Industrial Estate, Sanath Nagar, Hyderabad, Telangana, India 500018

(ref : iimjobs.com)

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Assistant Manager • Hyderabad, India

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