Manager - Costing & Budget (Finance & Accounts)

* Drive the development of annual and quarterly budgets for all manufacturing units, ensuring alignment with business objectives. * Collaborate with cross-functional teams to gather insights and create accurate projections, enabling informed decision-making. * Architect and implement cost control measures, monitoring budget utilization to optimize resource allocation. * Calculate and analyze comprehensive cost per piece, incorporating all production stages and inputs. * Analyze consumption patterns of key materials, such as yarn, dyes, chemicals, and trims, to identify areas for improvement. * Design and maintain Cost of Making (CM) and FOB cost sheets for buyers, ensuring transparency and competitiveness. * Lead the monitoring of yarn price fluctuations, assessing their impact on costing and adjusting strategies accordingly. * Develop and track key performance indicators, including knitting cost per kg and fabric cost per meter/kg. * Implement efficient yarn utilization strategies, minimizing waste and optimizing production processes. * Calculate and control dyeing costs, taking into account shade, GSM, and fabric type to ensure cost-effectiveness. * Manage chemical and utility consumption, focusing on water, steam, and electricity to reduce waste and costs. * Conduct batch-wise costing and efficiency analysis to identify areas for improvement. * Track and analyze cost per process, spanning knitting, dyeing, finishing, and sewing to optimize production costs. * Perform variance analysis to compare actual vs. standard consumption, highlighting opportunities for cost reduction. * Identify and prioritize areas for cost reduction and process improvement, driving business growth and competitiveness. * Develop pre-costing and post-costing reports for each order, evaluating order profitability and margin analysis. * Support the merchandising team in price negotiations with buyers, providing data-driven insights to inform decision-making. * Monitor inventory levels of key materials, including yarn, chemicals, dyes, and accessories, to ensure efficient stock management. * Analyze and address wastage in knitting, dyeing, and cutting processes, implementing measures to minimize loss. * Design and implement process improvements to reduce waste and optimize production efficiency. * Prepare and distribute daily, weekly, and monthly cost reports, providing stakeholders with timely and actionable insights. * Develop and maintain Management Information System (MIS) reports, enabling data-driven decision-making and strategic planning.