184 Process Costing Jobs - Page 8

Cost Estimation: Develop accurate cost estimates for projects, including materials, labor, and overheads. Cost Assessment: Analyze and assess project costs to ensure alignment with budgetary constraints. Cost Monitoring: Continuously monitor project costs and provide regular updates to management. Cost Control: Implement cost control measures to ensure projects are completed within budget. Reporting: Prepare detailed cost reports and financial statements for management review in addition to the statutory reporting requirements and auditing. Budgeting: Assist in the preparation of project budgets and financial forecasts. Variance Analysis: Conduct variance analysis to identify discrepancies between actual and estimated costs. Process Improvement: Recommend and implement process improvements to enhance cost efficiency. Compliance: Ensure compliance with financial regulations and company policies. Risk Management: Identify and mitigate financial risks associated with project costs. Inventory Management: Oversee inventory costing and valuation to ensure accurate financial reporting. Cost Allocation: Allocate costs to various project components and departments accurately. Collaboration: Work closely with project managers, engineers, and procurement teams to ensure accurate cost tracking. Training: Provide training and guidance to junior staff on cost accounting practices. Stakeholder Communication: Communicate cost-related information effectively to stakeholders, including clients and senior management. Technology Utilization: Utilize advanced cost accounting software and tools to streamline processes and improve accuracy. Strategic Planning: Contribute to strategic planning and decision-making by providing cost-related insights.

Cost Accounting Statutory Audits /Cost Audits / Internal Audits Budgeting & Forecasting Good Knowledge of Excel Product / Process Costing Required Candidate profile Should be having good knowledge about Costing and Audits

Responsible for budgeting, costing (ABC), variance analysis, audits, CAPEX evaluation, inventory control, GST compliance, and financial reporting. Supports audits, cost optimization, and monthly performance review across all divisions. Required Candidate profile CA/CMA qualified professional with 5–10 years of costing experience in a manufacturing industry

Job Responsibilities: Product Costing & Profitability Analysis : Ensure accurate and profitable costing for all products. Continuously analyze cost structures and suggest improvements. Retro Working & Approvals : Prepare and validate retro workings for material price changes. Secure necessary approvals from the CFO/AGM. Stakeholder & Customer Relationship Management : Build strong internal relationships to streamline costing processes. Collaborate with customers on pricing and cost structures. SAP Costing Module Implementation & Reporting : Lead SAP Costing Module execution. Extract, analyze, and present reports for management decision-making. Procurement Price Validation & Cost Control : Ensure procurement follows approved pricing. Identify and report deviations for corrective action. Secure approvals for price fluctuations. Margin Improvement & Cost Optimization : Identify low-margin products and negotiate better cost structures with customers. Key Skills & Competencies: Strong understanding of costing methodologies in the automobile industry Expertise in SAP Costing Module (CO, MM, PP integration) Excellent financial analysis and cost control skills Strong negotiation and stakeholder management abilities Proactive approach to problem-solving and decision-making Excellent communication and presentation skills

Role & responsibilities • Standard cost vs actual cost comparison and variance analysis (Budget vs Actuals) • Opex analysis (Budget vs actuals department wise/KPI wise) • Product costing based on the new BOMs and provide to Marketing for Pricing decisions • Preparing ageing analysis of Raw material, WIP & FG on monthly basis and keep controls. • Contribution and Break-even analysis of various Product mix •Profitability analysis Product wise, Sector wise & Customerwise. • Quarterly, Monthly MIS on Budget vs Actual and reports circulating to departments in plant for the clarification in respect of budget controlling, the same can be consider for Board Review Meeting. Perks and benefits Free Transport facility for employees

Job description Job Responsibilities Should have hands on experience in preparing Process Costing of API and bulk drugs products. Preparation and analysis of monthly product cost reports. Conducting cost review meetings with the Plant and PM teams. Identifying and analyzing cost variances and providing detailed insights. Monitoring and updating overhead costs on a periodic basis. Supporting process efficiency improvements through cost analysis. Assisting in the preparation of costing models for new and existing processes. Ensuring accurate allocation of costs to different processes and cost centers. Qualification CMA Experience 8 to 12 years (Minimum 5 years of Pharma API, bulk drug companies Experience required) Key Competencies (Technical, Functional & Behavioural) Strong understanding of process costing methodologies and cost allocation principles. Should have hands on experience in preparing Process Costing of API and bulk drugs products. Experience in variance analysis, cost control, and efficiency tracking. Proficiency in data analysis and reporting, with advanced knowledge of Excel. Ability to collaborate with cross-functional teams (CFTs) for cost-related decision-making. Excellent written and verbal communication skills. Added Advantage if person posses functional experience of ERP( Oracle, SAP, Jd Edwards) implementation and BI tools.

1. Sale Prices Approval (After Verification of Customer Po) 2. Customer Wise Po Verification 3. Cost Run in Sap 4. Sap Month End Activity 5. kaizen and Suggestion Approval 6. Sap Bom Approval 7. Loss Making Item finding and Discussion with Plant Required Candidate profile 8. Debit Note and Credit Note Verification 9. Salary and Electricity Details Collection and Verification 10. All express booking verification as per Cost Centre 11. Sale Prices Movement update

Role & responsibilities Product Costing : Develop and Maintain Product Cost Models, Cost Estimation Component Costing : Costing of Individual Components Cost Analysis and Variance Analysis Cost Reduction and Optimization : Cost Control Inventory Management : Cost Reporting and Documentation : Documentation and Compliance New Product Development (NPD) Costing Preferred candidate profile Bachelor's degree in accounting or finance Proficient in Accounting Software & Advance Excel Skills Strong Analytical & Problem solving skills Experience in Cost Accounting or related field Perks and benefits Voluntary Benefits : Health Insurance Paid Time off L Includes EL, CL, SL 2 Short Leaves in a month Statutory Benefits : Includes EPF

Its an Urgent Position. Revert on-sv7@svmanagement.com Role & Responsibilities- Lead detailed cost estimation, zero-based costing, and variance analysis Prepare and evaluate costing for tenders and RFQs Negotiate and finalize costs with customers and suppliers Collaborate with internal departments for inputs on material, process, and labour costs Drive cost optimization strategies across the product lifecycle Ensure accuracy in BOMs, routing, and cost sheets using SAP and Excel Mentor and guide the costing team to ensure timely and accurate deliverables Candidate- BE/ B. Tech - Mechanical Engg with min 15 years of experience in the Auto Sector Strong working knowledge of: Injection Moulding, Sheet Metal, Welding, Casting & Forging, Surface Treatment, Machining Proficient in SAP and Advanced Excel Understanding of engineering drawings, blueprints, GD&T, and tolerances Expertise in labour cost calculation, raw material costing, and tooling (jigs/fixtures) estimation