Costing Lead

This role is for one of Weekday’s clients

Salary range: Rs 500000 - Rs 1200000 (ie INR 5 - 12 LPA)

Min Experience: 10+ years

Location: Coimbatore, Tamil Nadu, India

JobType: full-time

We are looking for an experienced Costing Lead to oversee manufacturing costing activities and ensure accurate product cost management, inventory valuation, and cost analysis. The ideal candidate will have strong expertise in SAP Controlling (CO), product costing, and manufacturing cost processes, along with the ability to drive cost transparency and support effective financial decision-making.

Requirements

Key Responsibilities

• Lead product costing activities across manufacturing operations, ensuring accuracy and consistency in cost calculations.
• Manage Bill of Materials (BOM), standard costing, and cost estimation processes.
• Conduct cost variance analysis to identify deviations and recommend corrective actions.
• Oversee inventory valuation and ensure appropriate costing methods are applied.
• Leverage SAP CO and Product Costing functionalities for effective cost monitoring and reporting.
• Work closely with production, procurement, and finance teams to ensure accurate cost inputs and improve cost visibility.
• Identify opportunities for cost optimisation and support initiatives to improve manufacturing efficiency.

Required Qualifications and Experience

• CA / CMA (ICWA) preferred.
• MBA in Finance or M.Com with relevant experience may also be considered.
• 10-15 years of relevant experience in manufacturing costing.
• Strong hands-on experience in SAP CO and Product Costing.
• Proven experience in product costing, Bill of Materials (BOM), standard costing, variance analysis, and inventory valuation.

Must-Have Skills

• Product Costing
• SAP CO
• Manufacturing Costing
• Standard Costing
• Variance Analysis
• Inventory Valuation