Costing Manager / Sr . executive

5 - 10 years

4 - 5 Lacs

Posted:5 hours ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Key Responsibilities:

  • Establish and maintain standard costing systems within the plant.
  • Ensure accurate flow and recording of costing-related information.
  • Monitor inventory consumption and set standard benchmarks.
  • Prepare monthly inventory valuation and product-wise costing reports.
  • Analyze cost control and reduction opportunities, including alternate product analysis.
  • Conduct variance analysis between budgeted and actual costs.
  • Compare expected vs. actual cost of new products and report deviations.
  • Perform root cause (Why-Why) analysis of machinery breakdowns and preventive actions.
  • Review labor and overhead rates; suggest policy changes for improvement.
  • Coordinate with cost auditors for compliance and resolve related queries.
  • Conduct cost-benefit analyses of raw materials and supplies.
  • Identify value-added and non-value-added activities to improve profitability.

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