Job Title:
Sr. Manager- Costing
Company: Safari Industries India Ltd.
Location: Mumbai, Maharashtra
Created: 2026-04-15
Job Type: Full Time
Job Description:
Responsibilities: Costing & Financial ControlLead standard costing framework and analyze variances to drive actionable business insights. Strengthen costing systems, processes, and internal controls for accuracy and governance. Monitor material variances, yield, and efficiency metrics and drive corrective actions. Ensure accurate inventory valuation and validate landed costs for effective procurement decisions. Inventory & BOM ManagementOversee BOM validation and updates in collaboration with plant teams.Track inventory ageing, slow-moving stock, and drive corrective actions. Ensure robust stock reconciliation and alignment with financial records. MIS, Budgeting & AnalysisDeliver accurate MIS up to contribution/EBITDA level for performance tracking. Lead budgeting, forecasting, and variance analysis processes.Drive contribution analysis and ensure reconciliation with financial statements. Business PartneringWork closely with cross-functional teams on pricing, NPD costing, and cost revisions. Provide actionable insights to improve margins and optimize cost structures. Cost Optimization & ProjectsIdentify and execute cost-saving initiatives across procurement, production, and logistics. Track and evaluate cost reduction projects with measurable business impact. Governance & ComplianceSupport internal and statutory audits and ensure timely closure of audit observations.Strengthen controls and documentation across costing and inventory processes. Systems & AutomationDrive automation of MIS and costing processes to improve efficiency and accuracy. Leverage SAP, BI tools, and analytics for enhanced decision-making. Plant InterfaceEngage with plant teams through regular visits to understand operations and validate cost drivers. Ensure strong linkage between shop-floor realities and financial reportingRequirements:Experience in costing, MIS, budgeting, and inventory management in manufacturing.Should have knowledge of Balane Sheet and P&L reading. Strong working knowledge of SAP (MM, FI, CO, COPA). Understanding of cost structures, plant operations, and production processes. Exposure to automation, BI tools, and process improvement initiatives. Qualification: CA / CMA (ICWA) preferred. Experience: 10-15 years in manufacturing setup.