Cost Manager

Location: Himatnagar

Job Responsibilities
Prepare daily, weekly, and monthly MIS reports related to:

· Physical Inventory Vs SAP Receiving and Issue to Production, Raw Material, Coal, Oil and Packing Material)

· Packaging Material procurement and consumption posting, physical stock, and floor balance). Reconcile packing sheet & raw material sheet consumptions with actual PM and RM usage during production.

· Reconcile PM & RM wastage and reconcile with returnable and non-returnable stock.

· Verify real-time posting for issue and return of PM & RM without backlog.

· Production output, yield, wastage, and downtime

· Ledger Scrutiny and Reconciliation

Production & Operations Support

· Track production efficiency, batch records, and plant utilization. To check Inventory Aging for this.

· Update and record Process losses, Process Waste and deviations from standard operating parameters.

· Coordinate with production, QA, and maintenance teams for data accuracy.

Inventory & Cost Monitoring

· Monitor stock levels and ageing to avoid shortages or expiries.

· Support costing analysis (raw material, packaging, utilities-Coal).

· Assist in variance analysis between actual vs standard consumption.

· Ensure FIFO/FEFO (First Expiry First Out) practices are strictly followed.

· To track timely Invoice bookings of All Invoices.

· To Track Open items in SAP and coordinate for pending Bookings

Key Performance Indicators (KPIs)

· Monthly inventory audits and share the report with concern stake Holders as well as support internal and external inspections.

· Accuracy and timeliness of MIS reports

· Data consistency across departments

· Inventory variance reduction

· Support in cost optimization and efficiency improvement

· Audit and compliance data readiness

Education
PG: CA in Any Specialization, ICWA (CMA) in ICWA (CMA)