Manager- Costing

Date: 13 Apr 2026

Location:

Mumbai A.O, MUM-KND-AFS(FD), IN

Company: Mahindra & Mahindra Ltd

Responsibilities & Key Deliverables

Material Cost:

Detail analysis of BOM on regular basis and its impact on product wise contribution margin
In depth analysis of purchase cost for BOM items on regular basis and its impact on product wise contribution margin
Detail analysis of forceful consumption, cost centre consumption, scrap, process loss, product wise yield etc
Conversion cost:

Cost centre, Production unit and plant wise capacity utilisation
Evaluation of off loading / In loading proposals
Reduction in fixed cost / Improvement in productivity/ Analysis of rework cost
Inventory Management:

Category wise inventory levels, Inventory turn over ratios etc.
Non moving inventory of Finished goods, Direct Material and Indirect material
Obsolete inventory and its impact on P&L
Inventory carrying cost
Part wise contribution analysis for spares - price increase working

Pricing of Inter-company / related party transactions.

Identifying cost reduction lever

Monitoring utilization of investments on bought out components

Business wise alloction of costs

Pricing of New product

Experience

5 to 7 years

Industry Preferred

Any Automotive or component manufacturing company or other manufacturing company
John Deere, Tata motors, Tafe, etc.

Qualifications

CMA/ CA / ICWAI

General Requirements

Good analytical skills, Domain knowledge expert, Team player, composed nature, ability to work with deadlines.

Our commitment to Diversity, Equity, and Inclusion

At Mahindra and Mahindra Limited, we believe that diversity drives innovation, and inclusion is at the heart of everything we do. We are committed to cultivating a workplace where every individual feels valued, respected, and empowered to thrive.
We are proud to be an Equal Opportunity Employer. All qualified applicants will be considered for employment without regard to age, caste, race, religion, color, ethnic origin, gender identity, nationality, physical or mental disability, medical condition, sexual orientation, educational background, marital or domestic partnership status, pregnancy or childbirth, veteran status, citizenship status, ancestry, financial status, or any other personal characteristic protected by applicable law.
We actively encourage candidates from all backgrounds to apply and bring their unique perspectives to our teams. We are committed to ensuring an accessible and inclusive experience for all applicants.
Together, we rise by embracing differences and building a future that reflects the communities we serve.