Client Details
Our Client We are a leading player in the evolving world of playing cards and cards for games, worldwide. We take pride in consistently delivering superior quality and innovative solutions to our customers. We are a dynamic entrepreneur and a reliable partner.
is a multnational Company. The organisaton was founded in Year 1955,is a pioneer in playing cards manufacturing in India, we are well known for using the latest technology and fully automated machinery to deliver internatonal quality products. In 2010, our company was converted to Private Limited Company. . Our commitment to customer satisfaction and superior quality products has established us as a leading name in the industry. We are having our Manufacturing Plant at Pardi, Gujarat.
Products & Brands
Popular Playing Cards: "555" brand (India’s top-selling), ACE Poker Cards, D3 Joker, Duronto, Meredian, Merelane, and more.
Casino Quality Cards: Major supplier to Indian casinos and premium clubs.
Collectible, Educational, and Promotional Cards: Custom solutions for brands and event marketing.
Bicycle® Brand: Recently brought the iconic US Bicycle playing cards brand to Indian consumers, focusing on premium quality and cultural resonance, especially during festive occasions.
Job Profile
Position: Manager– Costing
Experience: 3-8 Years
Qualification: CMA/ CA
Industry : Manufacturing (must have manufacturing exposer)
Location: Pardi, Gujarat
Salary: Upto 15 LPA
Working Days: 6 Days Mon-Sat
Working Timings: 10:30 AM-7 PM
Job Summary:
Purpose:
To analyze, monitor, and optimize cost structures across production and business operations, ensuring
efficient resource utilization, improved profitability, and strong working capital management through robust
costing systems and data-driven decision support
Scope and KPI’s
· Standard vs Actual Cost Variance Analysis
· Cost Reduction Initiatives (₹ impact and %)
· Budget vs Actual Performance Monitoring
· Accuracy of Inventory Valuation and Cost Allocation
· Timeliness and quality of MIS and reporting
· Timelines & accuracy of in support for Costing of new and existing product
SCOPE
· End-to-End Cost Ownership (Core Scope)
· Inventory & Working Capital Control
· Planning, Budgeting & Forecasting
· Profitability & Pricing Partner
· Process Improvement & Systems
· Cross-Functional Influence
Key responsibilities:
· Leadership for Inventory Control:
· Oversee inventory control processes to ensure accurate tracking, efficient storage, and optimal
utilization of resources.
· Develop and implement inventory management policies and procedures to minimize carrying
costs while meeting production demands.
· Inventory Valuation:
· Conduct regular assessments of inventory value to reflect accurate financial reporting and
assess inventory turnover ratios.
· Implement standard costing system and valuation methods such as FIFO (First In, First Out) to
align with accounting standards and business needs.
· Pre & Post Costing (Product-wise/Batch-Wise):
· Analyze costs associated with production activities, including materials, labor, and overhead, both before and after production.
· Monitor cost trends and identify areas for improvement to enhance operational efficiency and reduce expenses.
· Implement cost-tracking mechanisms to accurately assess expenditures and deviations from budgetary targets.
· Allocate costs accurately to products or batches to determine profitability and identify areas for cost reduction.
· Budgeting and Forecasting:
· Collaborate with cross-functional teams to develop annual budgets and forecasts based on production requirements and market trends.
· Regularly review budgetary performance against actual expenses, providing insights and recommendations for corrective actions as needed
· Process Improvement:
· Collaborate with IT teams to enhance existing systems or implement new technologies for more efficient cost management processes.
· Identify and address gaps in current systems to streamline data collection, analysis, and reporting.
· Identify opportunities for process optimization and cost reduction through lean principles, automation, and technology integration.
· Work closely with production teams to implement cost-effective measures without compromising quality or safety standards.
· Support in Pricing Decision:
· Provide cost analysis and insights to support pricing strategies, considering market dynamics, competitor pricing, and profitability targets.
· Assist in evaluating pricing models and setting competitive yet profitable prices for products or services.
Assist for Calculation of Gross Profitability in different ways based on :
Product / Segment / Customer / Location of sales /Sales-Person etc
Expected Initiatives:
· Working Capital Optimization in Inventory:
· Coordinate with department heads in Planning, Production, and Sales to optimize inventory levels and reduce working capital requirements. Monitor inventory levels and production output to prevent overstocking or shortages, optimizing inventory turnover and cash flow.
· Implement inventory management techniques such as JIT (Just-In-Time) or EOQ (Economic Order Quantity) to minimize carrying costs while ensuring sufficient stock availability.
· Cost Control Strategies:
· carry out monthly inventory valuation and margin reporting
· Analyze cost structures to identify areas for improvement in both variable and fixed costs.
· Collaborate with cross-functional teams to implement cost-saving initiatives and monitor their effectiveness over time
. Develop and implement cost control strategies to mitigate financial risks and improve profit margins.
Stakeholder management:
Describe the main interactions:
· Type of interaction: leading, participating and collaborating
· In & outside the organisation
o Internal stakeholders: Production, Planning, Sales, Finance, IT teams (upwards, downwards,
and lateral coordination)
o External stakeholders: Auditors, consultants, and service providers
· Inside: upwards, downwards, laterally: All
Pay: ₹1,200,000.00 - ₹1,500,000.00 per year
Benefits:
- Paid sick time
- Paid time off
- Provident Fund
Application Question(s):
- How many years of experience do you have as post qualification? *
- How many years or experience do you have into manufacturing industry? *
- Do you have experience in Team handling? If yes please mention team size. *
- How many years of experience do you have in MIS Reporting and Inventory management? *
- How many years of experience do you have in Budgeting, Forecasting, Variance Analysis? *
- Are you comfortable with 6 days working and Pardi, Gujarat location? *
- What is your current CTC in Lacs per annum? *
- What is your expected CTC in Lacs per annum? *
- What is your notice period? *
Work Location: In person
