Manager- Costing
Mahindra Group · Posted Oct 9
Automotive, farm equipment, information technology, financial services, and hospitality services
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About the role
Mahindra & Mahindra's costing function supports the automotive and component manufacturing business by tracking material, conversion and inventory costs. The role covers detailed BOM and purchase cost analysis, contribution margin impact, capacity utilisation, inventory turn over ratios and obsolete inventory impact on P&L. The Manager- Costing will also handle pricing of inter-company and new product transactions and identify cost reduction levers.
What you will do
- Material Cost: Detail analysis of BOM on regular basis and its impact on product wise contribution margin
- In depth analysis of purchase cost for BOM items on regular basis and its impact on product wise contribution margin
- Detail analysis of forceful consumption, cost centre consumption, scrap, process loss, product wise yield etc
- Conversion cost: Cost centre, Production unit and plant wise capacity utilisation
- Evaluation of off loading / In loading proposals
- Reduction in fixed cost / Improvement in productivity/ Analysis of rework cost
- Inventory Management: Category wise inventory levels, Inventory turn over ratios etc.
- Non moving inventory of Finished goods, Direct Material and Indirect material
- Obsolete inventory and its impact on P&L
- Inventory carrying cost
- Part wise contribution analysis for spares - price increase working
- Pricing of Inter-company / related party transactions.
- Identifying cost reduction lever
- Monitoring utilization of investments on bought out components
- Business wise alloction of costs
- Pricing of New product
Skills used in this role
What the employer is looking for
- CMA/ CA / ICWAI
- Experience 5 to 7 years
- Good analytical skills, Domain knowledge expert, Team player, composed nature, ability to work with deadlines.
Preferred qualifications
- Any Automotive or component manufacturing company or other manufacturing company John Deere, Tata motors, Tafe, etc.
Benefits and support
- Compensation and benefits are detailed in the job posting
About Mahindra Group
The Mahindra Group is a multinational conglomerate federation of companies with a presence across more than 20 industries globally. The group holds leadership positions in utility vehicles, farm equipment, information technology, and financial services. Driven by its core purpose to enable people to Rise, Mahindra operates across over 100 countries.
- Industry
- Conglomerate
- Company size
- 327000+ employees
- Founded
- 1945-10-02
- Location
- Mumbai, Maharashtra, India
- Funding stage
- Public Company
Leadership
Chairman
Group CEO & Managing Director
Group Chief Financial Officer
Group Chief Technology Officer
Recent coverage
PSU Connect
Mahindra & Mahindra Reports Strong September 2026 Sales at 1.14 Lakh Units2026-10-09
Mahindra Newsroom
Mahindra Group and Embraer Progress on C-390 Millennium Ecosystem in India2026-10-01
Mahindra Newsroom
Mahindra & Mahindra Farm Equipment Sector Announces September 2026 Tractor Sales2026-10-01