General Manager- Costing (ICWA)
TweetGeneral Manager- Costing (ICWA)
Name: General Manager- Costing (ICWA)
Role: costing Manager
Industry: Minerals, Mines
Location: Udaipur (Rajasthan)
Job Type: Full Time
Experience: 15 - 25 years
Skills: Cost Accountant, MIS reporting, SAP, Financial Reporting, Budgeting etc.
Salary: Best in the industry
Education: Bcom, BBA, ICWA, CMA, Mcom
Description:
responsible for managing cost accounting systems, financial reporting, and the implementation of MIS to support strategic decision-making. overseeing cost control processes, budgeting, financial analysis, and ensuring accurate and timely reporting of operational and financial data. This position is crucial for driving operational excellence and improving profitability across mining operations.Costing & Budgeting:Develop, implement, and maintain costing systems for all aspects of mineral extraction, processing, and transportation.Oversee cost allocation and ensure accurate product costings.Prepare annual budgets, forecasts, and long-term financial plans for mining operations.Monitor operational costs and identify cost-reduction opportunities.Analyze variances between actual and budgeted costs, providing explanations and corrective actions.Management Information Systems (MIS):Oversee the implementation and continuous improvement of Management Information Systems to track, manage, and report financial data.Ensure that MIS systems are aligned with company goals and operational needs.Generate timely and accurate management reports (financial and operational), ensuring that key performance indicators (KPIs) are tracked effectively.Collaborate with IT and other departments to develop, integrate, and optimize systems for efficient data management.Financial Reporting & Analysis:Oversee the preparation of monthly, quarterly, and annual financial reports for management review.Provide insights and recommendations based on financial data, trends, and forecasts.Ensure accurate and timely reporting of financial results to senior management and stakeholders.Perform financial analysis and modeling to evaluate business performance, investments, and potential cost savings.Internal Controls & Compliance:Ensure that all cost accounting and financial practices comply with relevant industry standards, regulations, and internal policies.Work with internal auditors to ensure the integrity of financial data and reporting systems.Review and approve cost and revenue accounting entries to ensure accuracy.Team Leadership & Development:Lead, mentor, and develop a team of cost accountants, financial analysts, and MIS professionals.Ensure the team's alignment with the company’s financial goals and operational needs.Provide training and development opportunities to ensure a high level of expertise in costing and MIS functions.Strategic Support:Work closely with senior management to provide financial insights to guide strategic decision-making.Identify opportunities for improving operational efficiency, profitability, and cost optimization in the mineral industry.Provide cost analysis and support for new projects, expansions, or acquisitions.Cross-Department Collaboration:Collaborate with other departments (e.g., operations, procurement, logistics) to ensure accurate cost tracking and reporting.Work closely with the production and operations teams to understand cost drivers and enhance decision-making.