Sr. Executive / AM – Product Costing Job in Bawal, Haryana (German MNC Opportunity)

A reputed German multinational manufacturing organization, TII India Pvt Ltd, is inviting applications for the position of Senior Executive / Assistant Manager – Product Costing at its production facility in Bawal.

This opportunity is ideal for CMA-qualified professionals with 5–6 years of manufacturing costing experience who want to build a strong career in cost accounting, MIS reporting, inventory valuation, and financial analysis within a structured five-day-working global manufacturing environment.

Job Overview

• Job Title: Sr. Executive / Assistant Manager – Product Costing
• Company: TII India Pvt Ltd (German MNC)
• Location: Bawal, District Rewari, Haryana
• Experience Required: 5–6 Years
• Qualification: CMA
• Work Schedule: Five-day working manufacturing unit
• Department: Finance / Costing

This role plays a key function in managing cost structures, analyzing manufacturing expenses, and supporting financial decision-making for efficient plant operations.

About the Role

The selected candidate will be responsible for maintaining the cost accounting system, evaluating production costs, performing variance analysis, and generating MIS reports for management.

The role also involves inventory valuation, batch costing controls, purchase/work order approvals, and cost optimization initiatives, making it a strategic finance position within manufacturing operations.

Key Responsibilities

Cost Accounting & Cost Structure Design

• Maintain the cost accounting system and financial controls.
• Design cost structures, batch costing systems, and internal controls.

Cost Data Analysis & Planning

• Study and collect cost data related to raw materials, WIP, finished goods, and labour.
• Compare actual costs with planned targets and identify variance reasons.

MIS Reporting & Decision Support

• Convert financial and production data into MIS reports for management.
• Prepare periodic manufacturing cost analysis reports.

Cost Optimization & New Product Costing

• Lead cost-saving initiatives and validation projects.
• Estimate new product costs using Zero-Based Costing (ZBC).

Inventory & Production Cost Control

• Perform inventory valuation and consumption tracking.
• Compare standard vs. actual production costs.

System Implementation & Approvals

• Support system/software implementation in costing processes.
• Review and approve purchase orders and work orders.

Technical & Cross-Functional Coordination

• Work with engineering drawings and production teams for accurate costing.

Required Skills & Eligibility

Educational Qualification

• CMA (Cost & Management Accountant) qualification.

Experience

• 5–6 years of relevant experience in manufacturing costing or plant finance.

Technical Skills

• Strong knowledge of cost accounting, batch costing, and variance analysis.
• Experience with inventory valuation and MIS reporting.
• Proficiency in Microsoft Office (Word, Excel) and Tally Prime 9.

Soft Skills

• Good communication and analytical ability.
• Strong attention to detail and financial accuracy.
• Ability to work with cross-functional manufacturing teams.

Salary, Benefits & Career Growth

Although the salary is not publicly disclosed, similar CMA costing roles in Haryana manufacturing hubs typically provide:

• Competitive mid-level finance salary
• Stable five-day work culture
• Exposure to global manufacturing systems and standards
• Career progression toward:
• Costing Manager
• Plant Finance Manager
• Commercial Finance Head
• Finance Controller

This makes the role highly valuable for professionals targeting long-term leadership in manufacturing finance.

Why This Role Is a Strong Career Opportunity

1. German MNC Exposure

Provides experience in structured global manufacturing and financial systems.

2. Strategic Costing Responsibility

Direct involvement in cost control, MIS, and profitability analysis.

3. Stable Work Culture

Five-day working schedule supports work-life balance.

4. Strong Future Growth

Clear pathway toward senior finance and plant leadership roles.

Interview Questions with Sample Answers

1. What is product costing in manufacturing?

Answer:
Product costing determines the total production cost including materials, labour, and overhead, helping in pricing and profitability analysis.

2. What is variance analysis?

Answer:
Variance analysis compares standard costs with actual costs to identify inefficiencies and corrective actions.

3. Explain inventory valuation methods.

Answer:
Common methods include FIFO, weighted average, and standard costing, depending on accounting policy.

4. What is Zero-Based Costing (ZBC)?

Answer:
ZBC estimates costs from scratch for new products, ensuring accurate pricing and budgeting.

5. How do you prepare MIS reports?

Answer:
By collecting financial and operational data, validating accuracy, analyzing trends, and presenting insights for management decisions.

6. Why is batch costing important?

Answer:
It helps track cost per production batch, improving cost control and profitability.

7. What role does CMA play in manufacturing finance?

Answer:
CMA professionals focus on cost control, budgeting, financial analysis, and decision support.

8. Why do you want to join TII India?

Answer:
Because of its global German MNC structure, strong manufacturing systems, and career growth opportunities in costing and finance.

Frequently Asked Questions (FAQs)

Q1. What qualification is required?
CMA qualification.

Q2. How much experience is needed?
5–6 years in manufacturing costing or finance.

Q3. Where is the job located?
Bawal, District Rewari, Haryana.

Q4. Is this a five-day working role?
Yes, it is a five-day manufacturing unit.

Q5. How can I apply?
Send your resume to hr.india@tii-group.com with subject “CV for Costing.”

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The Sr. Executive / Assistant Manager – Product Costing position at TII India Pvt Ltd is a strong opportunity for CMA professionals seeking global manufacturing exposure, strategic costing responsibility, and long-term finance leadership growth.

Candidates with manufacturing costing expertise, MIS skills, and analytical mindset should strongly consider applying for this role in Bawal.

Sr. Executive / AM – Product Costing | Bawal, Haryana | TII India Pvt Ltd | Finance / Costing | 5–6 Years Experience