GM COSTING (Food industry)

Job Summary:

The General Manager – Costing will oversee the entire costing function within a food manufacturing or processing environment. This includes ensuring accurate cost calculation, managing raw material and ingredient cost analysis, evaluating production efficiency, and optimizing product margins. The role will play a critical part in driving strategic decisions, improving profitability, and ensuring compliance with industry standards and regulations.

Key Responsibilities:

• Lead the development and implementation of standard costing models across all food production lines and product categories.
• Monitor and analyze the cost of raw materials, packaging, labor, and overheads, and assess their impact on product pricing and profitability.
• Conduct variance analysis (standard vs. actual costs), identifying root causes and recommending cost-control measures.
• Work closely with procurement, production, quality, and supply chain teams to evaluate vendor pricing, yield losses, wastage, and shelf-life impacts on costing.
• Analyze cost implications of recipe changes, packaging variations, or process modifications.
• Drive the implementation of systems to improve visibility and traceability of food production costs and margins.
• Lead costing input for new product development (NPD), pricing strategies, and customer quotations.
• Ensure accurate inventory valuation, particularly for perishable and time-sensitive goods.
• Support the preparation of budgets, forecasts, and margin analysis reports for senior management.
• Ensure compliance with food safety regulations, traceability standards, and financial reporting norms.
• Lead, mentor, and develop a team of costing and financial analysts.

Job Type: Full-time

Benefits:

• Provident Fund

Work Location: In person