Company

manufacturing

FinanceManagerStandardCostingOpsfinance

Madurai, India FULL TIME
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Senior candidates.

The Brief

“Finance Manager – Standard Costing Ops finance. Skills: standard costing, inventory accounting, cost accounting, manufacturing finance. own and lead standard costing activities. act as a subject-matter expert for standard costing and inventory accounting”

What You'll Achieve.

Ensure accuracy and integrity of material, BOM, routing, labor, and overhead standards in SAP; Drive process improvements, automation, and digital initiatives within standard costing and inventory accounting; optimize processes

Industry & Context.

manufacturing
Problems you'll solve

detailed cost and inventory variance analysis; process improvements; automation; digital initiatives; Mindset to drive transformation and optimize processes

What They're Looking For.

Must Have

Bachelor’s degree in Finance, Accounting, or related field, Minimum 7 years of progressive experience in cost accounting, manufacturing finance, or inventory accounting, Proven experience owning standard costing processes in a complex manufacturing environment, working knowledge of SAP / S/4HANA, Fluency in English

Nice to Have

Chartered Accountant / Certified Public Accountant or MBA (Finance), Audit or Big 4 Public Accounting experience, Experience in pharmaceutical or biotech manufacturing environments, knowledge of US GAAP inventory accounting, Ability to operate effectively in a global, cross-functional, matrixed organization, Mindset to drive transformation and optimize processes, Ability to take initiative and work with a minimum level of direction in a fast-paced environment

What You'll Do.

own and lead standard costing activities

act as a subject-matter expert for standard costing and inventory accounting

and leadership across the process

Support the end-to-end annual standard costing process

updates to clinical costing and Raw Material costing

Oversees product-costing updates in SAP S/4Hana

Ensure accuracy and integrity of material

and overhead standards in SAP

Lead absorption costing

excess capacity analysis

and related accounting assessments

Oversee inventory accounting and valuation

including monthly close

Perform and review detailed cost and inventory variance analysis

providing insights to global stakeholders

Support S/4HANA implementation

and global standardization of costing processes

Drive process improvements

and digital initiatives within standard costing and inventory accounting

Manage and review work performed by junior team members or outsourced service providers

Assist to provide responses to internal and external audits related to inventory and costing

Support strategic initiatives related to network optimization

new product introductions

and business expansions

How You'll Work.

Team & Collaboration

Act as a key finance partner to Manufacturing, Supply Chain, Cost Accounting and Operations Finance teams; providing insights to global stakeholders; Ability to operate effectively in a global, cross-functional, matrixed organization

Communication Scope

Excellent analytical, communication, and organizational skills; providing insights to global stakeholders

Process & Methodology

planning, execution, review, governance, S/4HANA implementation, global standardization of costing processes, process improvements, automation, digital initiatives, network optimization, new product introductions, business expansions

Full Job Description

## **Career Category** Finance ## ## **Job Description** In this vital role, you will **own and lead standard costing activities** within Ops Finance for designated manufacturing sites or regions. You will act as a subject‑matter expert for standard costing and inventory accounting and provide oversight, governance, and leadership across the process. Key responsibilities include but are not limited to: * **Support** **the end‑to‑end annual standard costing process** , including planning, execution, review, and governance. This includes updates to clinical costing and Raw Material costing. * **Oversees product-costing** updates in SAP S/4Hana * Ensure accuracy and integrity of **material, BOM , routing, labor, and overhead standards** in SAP * Lead **absorption costing, excess capacity analysis** , and related accounting assessments * Oversee **inventory accounting and valuation** , including monthly close, reconciliations, and roll‑forwards * Perform and review **detailed cost and inventory variance analysis** , providing insights to global stakeholders * Act as a key finance partner to Manufacturing, Supply Chain, Cost Accounting and Operations Finance teams * Support **S/4HANA implementation** , enhancements, and global standardization of costing processes * Drive **process improvements, automation, and digital initiatives** within standard costing and inventory accounting * Manage and review work performed by **junior team members or outsourced service providers** , as applicable * Assist to provide responses to **internal and external audits** related to inventory and costing * Support strategic initiatives related to **network optimization, new product introductions, and business expansions** **What we expect of you** The professional we seek is a strong finance leader with deep technical expertise and a transformation mindset: **Basic Qualifications** * Bachelor’s degree in Finance, Accounting, or related field * Minimum **7 years of progressive experience** i

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