Costing Manager

Key Responsibilities

Cost Accounting & Product Costing

• Manage and maintain the standard costing system across all manufacturing facilities
• Lead periodic reviews of standard costs, cost structures and costing methodologies
• Ensure accurate costing of products, projects and manufactured goods
• Review and validate Bills of Materials (BOMs), routings and manufacturing master data
• Evaluate cost implications of new products, design changes and engineering modifications
• Develop and maintain cost models for new and existing products
• Analyse manufacturing cost drivers and identify opportunities for cost reduction
  
  

• Analyse actual manufacturing costs and conduct variance analysis against standards
• Monitor material, labour and overhead variances and recommend corrective actions
• Partner with Operations to improve manufacturing efficiency and profitability
• Prepare and present monthly manufacturing performance reports
• Monitor and report production yields, scrap rates and operational efficiencies
  
  

• Ensure accurate inventory valuation in accordance with company policies and accounting standards
• Lead annual stock counts and periodic cycle count programs
• Oversee inventory reconciliations and investigate inventory variances
• Review slow-moving, obsolete and excess inventory provisions
• Strengthen inventory controls and improve inventory accuracy
  
  

• Manage pricing master data and ensure pricing accuracy within ERP and Salesforce
• Support Commercial teams in project pricing, tender evaluations and customer quotations
• Perform customer, product and business segment profitability analysis
• Provide recommendations to improve margins and overall business profitability
• Support commercial decision-making through financial modelling and scenario analysis
  
  

• Support annual budgeting, forecasting and strategic planning activities
• Prepare cost center analysis and manufacturing financial reports
• Assist with month-end, quarter-end and year-end closing activities
• Provide management with reports analysing factors affecting costs, pricing and profitability
• Support management reporting requirements for Finance, Operations and Executive Leadership
  
  

• Lead continuous improvement initiatives within costing and inventory processes
• Drive ERP enhancements related to costing, inventory and reporting
• Improve data quality and integrity across costing structures and manufacturing records
• Identify automation opportunities that improve efficiency and reporting accuracy
• Promote best practices in manufacturing finance and cost management
  
  

• Work closely with Operations, Supply Chain, Procurement and Commercial teams to support business objectives
• Provide financial insight and recommendations for investment decisions and manufacturing projects
• Evaluate cost-saving opportunities and business optimization initiatives
• Support strategic projects, capital expenditure proposals and operational improvement programs
  
  

• Bachelor’s degree in Accounting; a professional accounting qualification is an advantage.
• Minimum 6–8 years of cost accounting experience within a manufacturing environment.
• Strong knowledge of cost systems, accounting principles, cost standards, and financial reporting.
• Advanced Excel and PowerPoint skills; experience with Oracle or another ERP system is an advantage.
• Strong analytical skills with the ability to work independently and collaborate with engineering and manufacturing teams.
• This role is part of GF's offshore model and will support accurate financial and management reporting for the GF G5 and KSA businesses.
• Demonstrated ability to collaborate effectively in a multicultural environment across functions, countries and time zones.
• Excellent communication, stakeholder-management and influencing skills, with the ability to build trusted relationships with GF G5 and KSA teams.
• Ability to work independently from India while ensuring proactive coordination, responsiveness and service delivery to regional stakeholders.