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Costing Manager

Georg Fischer

Full time
Experience
6–8 years
Location
Mumbai
Work mode
Not stated
Salary
₹5L – ₹12L a year estimatetypical for Accounting & Finance Jobs in Mumbai, 48 posts
Posted 4 days ago

Role at a glance

You will
  • 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
Experience
6–8 years
Education
Bachelor's degree (preferred)
Must-have skills
Cost AccountingEmployee EngagementFinancial ReportingStakeholder ManagementTalent AcquisitionAccounting

Job description

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

Manufacturing Finance & Variance Analysis

  • 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

Inventory Management & Controls

  • 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

Pricing & Profitability Analysis

  • 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

Financial Planning & Reporting

  • 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

Process Improvement & ERP Systems

  • 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

Business Partnering

  • 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

Qualifications

  • 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.

Contact Person

Miti Zala Talent Acquisition & Employee Engagement Manager, GF G5 & KSA miti.zala@georgfischer.com

Please submit your application via the ‘Apply’ button. The recruiter’s email is for enquiries only.

Key skills

Required

Cost AccountingEmployee EngagementFinancial ReportingStakeholder ManagementTalent AcquisitionAccounting

Preferred

Advanced ExcelMS PowerPointOracle

Soft skills

Communication

Tags

ManagerAccounting & Finance Jobs

Job market insights

27active Cost Accounting jobs in India
5active Employee Engagement jobs in Mumbai
35active Financial Reporting jobs in Mumbai
₹5L – ₹12L advertised yearly salary for Accounting & Finance Jobs in Mumbai (middle half of 48 posts that show a salary; median ₹6L)

Jobs asking for Cost Accounting in India also ask for

  • SAP41%
  • Financial Reporting37%
  • Accounting30%
  • MS Excel26%
  • Power BI22%

From live job posts on CoreHRx, updated 24 Oct 2026. Skill figures count posts that list their skills; salary figures only posts that show a salary.

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