To apply: Share your resumes on sneha.g@mitrhr.com
📍 Location: Gurgaon, Haryana
📅 Experience: 5 to 8 Years
🧾 Department: Budgeting & Cost Optimization
Role Summary:
We are seeking a highly analytical and process-driven Manager – Budgeting & Cost Optimization to lead the financial planning, budgeting, and cost control functions. The ideal candidate will have deep knowledge of cost accounting, production budgeting, variance analysis, and MIS reporting in a manufacturing setup.
Key Responsibilities:
🔹 Budget Planning & Analysis
- Prepare the annual production budget and long-term business plan in line with company strategy.
- Monthly unit-wise budgeting aligned with business goals and company policy.
- Conduct detailed variance analysis between budgeted and actual costs using production progress reports.
🔹 Cost Optimization & Controls
- Analyze product-wise unit cost and identify areas for cost reduction and efficiency improvement.
- Evaluate resource costs and operational expenses to suggest optimization measures.
- Perform supplier performance reviews covering pricing, delivery, and contractual terms; introduce a supplier grading system.
🔹 Inventory & Financial Analytics
- Review and analyze inventory to implement best practices in inventory control and reduce holding costs.
- Conduct ratio analysis to support strategic financial decisions.
- Assist in setting up formats and dashboards for real-time, data-driven decision-making.
🔹 Reporting & Automation
- Prepare periodic MIS reports to support management in operational and strategic decisions.
- Introduce automation in reporting formats for real-time visibility and improved turnaround time.
- Provide financial insights, reports, and documentation as requested by leadership.
Skills Required:
- Strong analytical and numerical skills
- Excellent communication and interpersonal abilities
- Proficient in MIS tools, Excel (pivot, VLOOKUP, dashboards), and reporting automation
- Knowledge of ERP systems is a plus
- Keen eye for cost controls, audit preparation, and data-backed decision making
Preferred Profile:
- CMA-qualified professional with 5–8 years of experience in budgeting, costing, or finance within manufacturing/production environments.
- Proven track record of handling budgeting cycles, variance analysis, and cost optimization projects.
- Comfortable working with cross-functional teams including production, procurement, and finance.