Assistant Manager- Costing

Actively Reviewing the Applications

Eaton

India, Tamil Nadu, Coimbatore Full-Time On-site

Posted 11 hours ago • Apply by June 5, 2026

Job Description

What You’ll Do

Key Responsibilities

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.
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.
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.
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).
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.
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