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Assistant Manager - Costing Jobs Opening in Balaji hospitality at Andheri East, Mumbai

Assistant Manager - Costing

Balaji hospitality
experience-icon 3+ Years
salary-icon 35000 - 40000 Monthly
Apply Now

Posted: 18 Apr 25

Job Description

Qualifications and Skills:
 Education:
o Bachelor’s degree in Finance, Accounting, or related field (essential).
o Master’s degree or professional certification (CWA or Inter) is a plus.

 Experience:
o 5+ years in an MIS or Costing role, with experience in a supervisory capacity preferred.

 Skills:
o Strong analytical and problem-solving skills.
o Proficiency in financial software and tools (e.g., Tally, SAP, QuickBooks, or similar).
o Excellent communication and leadership abilities.

Key Responsibilities

1. Cost Accounting and Analysis

  • Maintain accurate cost records for products and processes, ensuring all costing components are accounted for.

  • Calculate and update standard costs for raw materials, labor, and overheads.

  • Conduct cost variance analysis (actual vs. standard costs) and report on root causes of discrepancies.

  • Analyze cost data to identify trends and opportunities for cost reduction and efficiency improvements.

2. Inventory Valuation and Control

  • Oversee inventory costing and ensure accurate valuation of raw materials, work-in-progress, and finished goods.

  • Reconcile inventory reports with physical stock and accounting records.

  • Monitor and control slow-moving, obsolete, and excess inventory through analysis and reporting.

  • Participate in stock audits and physical inventory counts.

3. Budgeting and Forecasting Support

  • Assist in preparing annual budgets, cost forecasts, and financial projections.

  • Collaborate with production, procurement, and operations teams to gather data and develop cost models.

  • Monitor actual performance against budgets and assist in variance analysis and reporting.

4. Pricing Support and Profitability Analysis

  • Work closely with the sales and marketing teams to provide cost data for pricing decisions.

  • Perform margin and profitability analysis by product, customer, and segment.

  • Support management in product cost evaluations for new launches or pricing revisions.

5. Compliance and Reporting

  • Ensure compliance with statutory and internal accounting policies related to cost accounting.

  • Prepare cost-related MIS reports and dashboards for management decision-making.

  • Assist in internal and external audits, providing documentation and support for cost-related queries.

6. ERP and Systems Management

  • Manage and update cost records in ERP systems (e.g., SAP, Oracle, Tally, etc.).

  • Troubleshoot costing issues within the system and liaise with IT/ERP support teams when necessary.

  • Develop and improve internal costing procedures and controls for better accuracy and efficiency.


More information about this Assistant Manager - Costing Job

Please go through the below FAQs to get all answers related to the given Assistant Manager - Costing job

  1. What are the job requirements to apply for this Assistant Manager - Costing job position?
    • Ans: A candidate must have a minimum of 3+ year experience as an Assistant Manager - Costing

  2. What is the qualification for this job?
    • Ans: The candidate can be a Graduate from any of the following: B.Com, M.Com, CA, ICWA

  3. What are the salary requirements for this job?
    • Ans: The salary range is between 35000 and 40000 Monthly. The Salary will depend on the interview. This Assistant Manager - Costing is a Full Time in Mumbai.

  4. What is the hiring Process of this job?
    • Ans: The hiring process all depends on the company. Normally for an entry level, hiring the candidate has to go for Aptitude, GD (If they look for communication),Technical test and face to face interviews.

  5. This Assistant Manager - Costing is a work from home job?
    • Ans: No ,its not a Work from Home Job.

  6. How many job vacancies are opening for the Assistant Manager - Costing position?
    • Ans: There are immediate 1 job openings for Assistant Manager - Costing in our Organisation.

Job Particulars

Education B.Com, M.Com, CA, ICWA
Who can apply Experienced (3+ Years)
Hiring Process Face to Face Interview, Virtual Interview
Employment TypeFull Time
Job Id2659579
Job Category Finance
Locality Address Andheri East
Country India

About Company

Balaji  hospitality
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