Engineering Storeman

The People's Corp

1 - 3 years

0 Lacs

hyderābād

Posted:1 week ago| Platform: GlassDoor logo

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Skills Required

engineering costing data support management estimation finance valuation reports audits storage inventory sap verification maintenance 5s coding accounting coordination communication compliance audit documentation reporting

Work Mode

On-site

Job Type

Full Time

Job Description

Costing & Engineering Stores Executive
Responsibilities; -

· Prepare and maintain cost sheets for Engineering materials, components, consumables, and spare parts.
· Collect and analyse data related to material usage, wastage, and price variations.
· Support management in product cost estimation and standard cost updates.
· Coordinate with Purchase and Finance teams to verify supplier invoices and cost accuracy.
· Maintain records of cost changes, ensuring correct valuation of inventory.
· Prepare monthly cost variance reports and assist in budgetary control.
· Support internal and external audits related to cost data.
· Ensure proper receipt, storage, and issuance of engineering spares, tools, and consumables.
· Maintain accurate inventory records in SAP or store management systems.
· Conduct regular physical stock verification and reconcile discrepancies.
· Monitor minimum and maximum stock levels, initiate timely reordering.
· Implement FIFO/LIFO and other material control systems effectively.
· Coordinate with Maintenance and Production departments for material requirements.
· Maintain housekeeping, safety, and 5S standards in the store area.
· Ensure proper tagging, binning, and coding of all items.
· Maintain updated records of GRNs (Goods Receipt Notes), MRNs (Material Requisition Notes), and issue slips.
· Good knowledge of material management and cost accounting principles.
· Attention to detail and accuracy.
· Coordination and communication skills.
· Accuracy of cost reports.
· Stock variance percentage.
· Inventory turnover ratio.
· Compliance with audit and documentation standards.
· Timeliness in reporting and replenishment.

Diploma or Bachelor’s in Mechanical/related field.
1 -3 years of experience in engineering store management with costing and maintenance exposure

Job Type: Full-time

Pay: ₹30,000.00 - ₹450,000.00 per month

Work Location: In person

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