DesignationCosting Head – Costing & MISDepartment Finance & AccountsLocationCorporate Office, HyderabadReporting toCFOQualification & Exp.CMA/CA with 12+ yrs of Post Qualification experience in Sugar Industries / Manufacturing Industries with multi-unit operations having various By ProductsKEY RESPONSIBILITIES:Product Costing (Integrated Operations):Prepare and maintain process-wise and product-wise costing for:Sugar (plantation to production)By-products (molasses, bagasse, press mud)Distillery products (ethanol, ENA, rectified spirit)Power (co-generation using bagasse/other fuels)Develop integrated cost models considering inter-unit transfers (e.g., molasses → distillery, bagasse → power)Ensure accurate cost allocation across all by-productsBy-product & Revenue Optimization:Analyze profitability of by-products vs internal consumptionSupport decisions like:Sell vs use bagasse for power generationMolasses diversion to ethanol vs saleTrack and improve realization per tonne of cane crushedCost Control & Efficiency Monitoring:Monitor key operational metrics such as:Recovery % (sugar)Distillery yield (litres per tonne of molasses/grain)Steam and power consumption efficiencyConduct variance analysis (cane cost, process losses, conversion costs)Identify and drive cost reduction initiatives across plantsCane Costing & Pricing Support:Analyze cane procurement cost (FRP/SAP impact)Evaluate impact of government pricing policies on marginsSupport management in cane price planning and farmer payments strategyBudgeting & Forecasting:Support preparation of annual budgets and rolling forecastsTrack actuals vs budget and provide actionable insightsCoordinate with plant and procurement teams for realistic planningInventory & Valuation:Ensure accurate valuation of:Sugar stock (including levy/free sale if applicable)Molasses, bagasse, ethanol inventoryHandle complexities of season-end stock valuationMonitor obsolete or slow-moving inventoryMIS & Reporting:Provide detailed MIS including:Segment-wise profitability (Sugar / Distillery / Power)Product-wise contribution marginsUnit-wise performance benchmarkingSupport pricing decisions for ethanol and power supply agreementsInternal Controls & Compliance:Strengthen costing-related internal controlsSupport audits (internal, statutory, cost audit)Ensure compliance with Indian Accounting Standards (Ind AS) and cost audit requirementsCross-functional Coordination:Work closely with:Cane development teamPlant operations (sugar, distillery, power)Marketing and regulatory teamsAct as a business partner to plant heads and managementKey Skills & Competencies:Strong understanding of cost accounting and manufacturing processesExpertise in SAP S/4 HANAAnalytical mindset with attention to detailAbility to influence plant teams and drive cost disciplineGood communication and presentation skills
Job Title
Costing Head