8 - 13 years
7 - 10 Lacs
Posted:3 days ago|
Platform:
Work from Office
Full Time
The Product Costing for automotive seating is responsible for overseeing all aspects including the
development and analysis of product cost structures, budgeting, and variance analysis within a manufacturing
environment. The role ensures accurate costing of products, identifies cost-saving opportunities, and supports
pricing and strategic decision-making through detailed cost analysis.
Key Responsibilities:
• Develop, implement, and maintain product costing systems and methodologies across the
manufacturing process.
• Analyse and monitor standard costs vs. actual production costs; investigate and explain variances.
• Work closely with production, procurement, supply chain, and R&D teams to ensure cost accuracy
and integrity.
• Prepare and present cost reports and financial analysis to senior management for budgeting,
forecasting, and pricing decisions.
• Lead annual standard cost setting process; review and update cost standards for materials, labour,
and overhead.
• Ensure accurate inventory valuation and compliance with accounting standards (e.g., GAAP, IFRS).
• Support ERP and costing system implementations or upgrades.
• Identify opportunities for process and cost improvements and recommend strategies to enhance
profitability.
• Collaborate with finance and operations for monthly, quarterly, and year-end close activities.
• Perform margin and profitability analysis on product lines and customer segments.
• Ensure internal controls over costing processes are in place and operating effectively.
Qualifications & Experience:
• Bachelors degree in Engineering (Mechanical)
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