Manager - F&A Costing
Mahindra Group · Posted Oct 23
Automotive, farm equipment, information technology, financial services, and hospitality services
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About the role
The role sits within Mahindra Group's finance and accounting function at Chakan, supporting product costing and material accounting for automotive manufacturing. It focuses on BOM analytics, inventory control, monthly closing, MIS, and digital/RPA initiatives. The Manager will partner with business and leadership stakeholders on cost governance, variance analysis, and process simplification.
What you will do
- Product Costing expert and sound knowledge of material accounting
- Material contribution & consumption analysis. (COP, COGS and analysis)
- BOM analytics and triggers to management for variances . (rate, quantity, other variances)
- EN/BOM Changes validation and impact calculation
- Domestic & Import Parchase parts monthly analysis.
- Analytics on rejections, forceful postings., Cost of Poor Quality.
- Manufacturing & other Scrap Generation, Variance and Income analysis.
- Conversion Cost working through system, routing, SKF maintainence and settlement of expenses.
- New Product costing and profitability estimation
- Monthly Closing as per deadlines and identifying exceptional items in material and expenses, by way of proper analysis.
- Periodic MIS to leadership team
- Inventory monitoring , control and Analytics on Inventory Reduction (In Plant and Vendor Aid Inventory)
- Non Moving and age-based inventory identification, develop strong MIS for its control and minimise the obsolesence
- Perpetual Inventory /Annual Inventory, driving actions,
- Digital and automation Initatives, RPA development, drive simplicity.
- Periodic review of Standard SOPs, Policy documents and need based amendments.
Skills used in this role
What the employer is looking for
- 5 to 7 years Post Qualification Experience
- ICWAI
- Bring some innovation in day to day working , Kaizen in daily operations
- Competent Enough for Business partnering and governance and compliance adherence
- Presentation skills
Preferred qualifications
- Automobiles, Auto- Anciliary
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
Mahindra Newsroom
Mahindra Auto clocks 64,092 SUVs, a growth of 14% and 114,874 total vehicle sales, a growth of 15% in September 20262026-10-01
HDFC Sky
Tech Mahindra Q2 Profit Rises 32.7% with Revenue Expansion and Strong Deal Wins2026-10-16
Mahindra Newsroom
Mahindra Starts Commercial Production of MAXSEEDER, a Precision Zero-Till Seeding Farm Machine2026-10-12