Job Title : Assistant Manager – Costing and Controlling

Location : [Metoda , Rajkot]

Job Type : Full-time

Department : Finance

Reports to : Business Controller

Salary : 50K to 60K

Job Summary :We are seeking a dynamic and experienced individual to join our Finance & Costing

team as an Assistant Manager, specializing in Costing and Analysis. The ideal candidate will have a

strong background in cost accounting, and a proven ability to drive insightful decision-making

through detailed reporting related to costing. This role requires a strategic thinker with excellent

analytical skills and a keen eye for identifying cost optimization opportunities.

Key Responsibilities:

1. Cost Analysis and Reporting:

- Conduct in-depth analysis of costs across various departments to identify trends, variances, and

areas of improvement.

- Prepare detailed cost reports and present findings to senior management.

- Collaborate with department heads to understand cost drivers and implement cost control

measures

- Ensure accurate Product Costing by implementing systems to capture actual costs across the

organisation.

2. Budgeting and Forecasting:

- Assist in the development of annual budgets, ensuring alignment with organizational goals.

- Monitor budget performance and provide regular forecasts to support proactive decision-making.

- Work closely with cross-functional teams to gather budget inputs and analyze budget vs. actual

performance.

3. Financial Modeling:

- Build and maintain financial models to support strategic initiatives and business planning.

- Conduct scenario analysis to assess the impact of various factors on financial outcomes.

4. Variance Analysis:

- Investigate and analyze variances between actual and budgeted financial performance.

- Provide recommendations to address unfavorable variances and improve overall financial

performance.

5. Process Improvement:

- Identify opportunities for process improvements in cost accounting and financial analysis.

- Implement best practices to enhance efficiency and accuracy in financial reporting.

Qualifications:

- Bachelor's degree in Cost Accounting, or a related field. CMA preferable.

- Proven experience (1-2 years) in cost accounting, financial analysis, and budgeting.

- Strong proficiency in financial modeling and advanced Excel skills.

- Excellent analytical and problem-solving abilities.

- Effective communication skills with the ability to present complex financial information in a clear

and concise manner.

- Detail-oriented with a focus on accuracy and data integrity.

- Knowledge in SAP is an added advantage.