successfactors
Associate Manager
IOL Chemicals & Pharmaceuticals Ltd
Ludhiana, IND
Full-time
Senior · 8+ years experience
Onsite
Discovered 2 weeks ago
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Role Overview
Job Role: The Associate Manager - MIS & Costing will be responsible for preparing, analyzing, and maintaining management information reports and product costing data for IOL Chemicals and Pharmaceuticals Ltd. at Ludhiana.
The role will support business decision-making through accurate cost analysis, budget monitoring, variance reporting, inventory valuation support, and timely MIS reporting to leadership.
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IOL CHEMICALS AND PHARMACEUTICALS LIMITED
JOB DESCRIPTION
Job Role: The Associate Manager - MIS & Costing will be responsible for preparing, analyzing, and maintaining management information reports and product costing data for IOL Chemicals and Pharmaceuticals Ltd. at Ludhiana. The role will support business decision-making through accurate cost analysis, budget monitoring, variance reporting, inventory valuation support, and timely MIS reporting to leadership.
Job Responsibilities
- Prepare periodic MIS reports related to production, sales, inventory, consumption, costing, profitability, and key business performance indicators.
- Prepare and analyze product costing, process costing, batch costing, and cost sheets for pharmaceutical and chemical products.
- Monitor actual costs against standard costs, budgets, and forecasts, and prepare detailed variance analysis with explanations.
- Support monthly closing activities by coordinating with Finance, Production, Stores, Purchase, and other departments for accurate cost and operational data.
- Assist in inventory valuation, material consumption analysis, yield analysis, process loss tracking, and reconciliation of production and inventory records.
- Prepare profitability analysis by product, customer, business segment, and plant as required by management.
- Coordinate for preparation of annual budgets, cost estimates, forecasts, and cost control reports.
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