Assistant Manager- Costing
What you'll do:
Key Responsibilities
1. Costing & Product Cost Analysis
• Maintain and update standard costs for materials, labor, and overheads.
• Analyze product margins, cost trends, and cost of goods manufactured.
• Provide costing support for new products, engineering changes, and pricing scenarios.
2. Inventory & Variance Analysis
• Perform monthly inventory valuation and reconciliation.
• Analyze PPV, MUV, yield variances, labor efficiency, absorption variances, and overhead variances.
• Monitor inventory aging, scrap trends, and obsolescence provisions.
• Validate cycle count audits and drive annual physical inventory verification.
3. Financial Reporting & Compliance
• Prepare cost reports, dashboards, and financial analysis for management.
• Support monthly closing activities (accruals, adjustments, journal entries).
• Ensure compliance with internal controls, accounting standards, SOX compliances and company policies.
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• Ensure cost records comply with statutory requirements (Cost Audit, Cost Accounting Standards).
• Ensure accuracy of cost-related general ledger accounts and support audits (internal/external).
4. Budgeting & Forecasting
• Drive annual cost budgeting, standard cost roll-up, and forecast updates for plant operations.
• Support savings tracking for cost reduction and productivity improvement initiatives.
5. Operations Support
• Work closely with production, engineering, procurement, and sales to provide timely and accurate cost information.
• Support lean, Kaizen, and continuous improvement initiatives with cost impact evaluations.
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Qualifications:
Qualifications
• Bachelor's degree in accounting, Finance, or Commerce.
• Professional certification preferred: CMA / ICWA or equivalent.
• 8-10 years of experience in cost accounting or plant finance (manufacturing preferred).
Skills:
• Strong knowledge of standard costing, BOM, inventory accounting, and variance analysis.
• Proficiency in ERP systems (MFGPRO/QAD).
• Advanced Excel skills; familiarity with Power BI is a plus.
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Key Competencies
• Strong analytical and problem-solving skills.
• Attention to detail and accuracy.
• Ability to work cross-functionally in a manufacturing environment.
• Excellent communication and presentation skills.
• Ability to work under tight deadlines.
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Perks and Benefits
Health and Wellness
- Health Insurance
- Health Reimbursement Account
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- FSA
- HSA With Employer Contribution
- Fitness Subsidies
- On-Site Gym
- Pet Insurance
- Mental Health Benefits
- Virtual Fitness Classes
Parental Benefits
- Birth Parent or Maternity Leave
- Adoption Assistance Program
Work Flexibility
- Flexible Work Hours
- Remote Work Opportunities
- Hybrid Work Opportunities
Office Life and Perks
- Casual Dress
- On-Site Cafeteria
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Personal/Sick Days
- Leave of Absence
- Summer Fridays
Financial and Retirement
- 401(K) With Company Matching
- Performance Bonus
- Relocation Assistance
- Financial Counseling
Professional Development
- Tuition Reimbursement
- Promote From Within
- Mentor Program
- Shadowing Opportunities
- Access to Online Courses
- Internship Program
- Work Visa Sponsorship
- Leadership Training Program
- Associate or Rotational Training Program
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program
- Employee Resource Groups (ERG)