Assistant General Manager-Costing & Budgeting(Jewellery Industry)

Job Title :Assistant General Manager-Costing & Budgeting(Jewellery Industry)
Posting Location Coimbatore (Tamil Nadu)
Reports To GM – Costing & Budgeting
Experience 10 to 15 years post-qualification experience exclusively in costing and budgeting functions
Budget Rs. 20,00,000/ Annum
Communication Level Tamil / English / Hindi (Preferred)
Qualification CMA Qualified
Technical Competencies Product Costing & Analysis, Budgeting & Cost Control, Investment &
Pricing Analysis, ERP & Analytical Tools Proficiency.
Behavioural Competencies Analytical & Critical Thinking, Decision-Making & Accountability
Collaboration & Cross-Functional Coordination, Communication &
Presentation Skills, Leadership & Teamwork, Integrity & Professional Ethics.
Responsibilities
Functional Responsibilities:
Accurately determine the manufacturing cost of products and ensure timely cost updates
Analyze and prepare Costing Profit & Loss accounts to support internal decision-making
Validate strategic investments including ROI, CAPEX, KAIZEN projects
Monitor, review, and optimize pricing for existing and new products
Track, analyze, and control costs department-wise,including consumables, manpower, and overhead expenses
Perform variance and trend analysis comparing actual costs vs budgets
Ensure costing P&L reconciles correctly with finance records
Update and revise key costing factors regularly and reflect changes in the ERP system
Prepare monthly MIS reports, balanced scorecards, and support activity-based costing (ABC) initiatives
Evaluate capacity utilization and efficiency of high-value machinery
Managerial Responsibilities:
Review cost elements for prototype samples, new product models, and operational development (OPD) requests
Prepare and present cost sheets for price revision discussions with management
Update and maintain ERP rate charts for store/non-gold prices
Problem Solving & Process Improvement:
Identify revenue leakages and establish continuous cost monitoring systems
Conduct competitor cost analysis and implement internal cost reduction measures
Request necessary computer hardware or peripherals to support costing functions
Decision Making:
Finalize manufacturing costs for samples and new or modified products
Evaluate and decide cost parameters for new projects and proposals
Documentation & Compliance:
Maintain detailed monthly records of costing P&L accounts
Update and manage the Costing Manual as part of the Integrated Quality Management System (IQMS)
Keep accurate ERP records for rate charts, stone master data, and agreement master files
Communication & Coordination:
Participate actively in HOD meetings, core committees, innovation councils, and pricing review sessions
Coordinate with R&D, Production, Marketing, and other internal departments for costing data collection and analysis
Engage with external stakeholders like customers and competitors for make-or-buy decisions and pricing benchmarking
Skills & Competencies:
Strong expertise in product costing, budgeting, and variance analysis (costing focus only)
Deep understanding of production processes and product life cycles
Experience in data analytics, forecasting, and reporting tools
Proficiency with MS Excel, PowerPoint, Word, and ERP systems (preferably Microsoft Dynamics AX)
Excellent planning, coordination, and communication skills
Remuneration:
• As per industry standards and candidate experience.
Interested Candidates Send Your Profiles To murugesh@vsupportsolutions.in
Reach Us At : 8220014457