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1620 Product Costing Jobs

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2.0 - 7.0 years

1 - 6 Lacs

gurugram

Work from Office

Role & responsibilities Cost Sheet Preparation/Review Process Understanding Standard Costing Capex Cost Validation BOM Knowledge about costing tools SAP Price Movements analysis

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10.0 - 19.0 years

22 - 30 Lacs

hyderabad

Work from Office

Hiring for Cost Accountant with Leading Packing Company Location: Hyderabad Education: ICWA (CMA) Costing Profile Product Cost Controlling - Identify key selling models and track the cost, analyze variance with causes - Monthly GP Analysis and review Plant cost controlling (incl. Manf. Overheads) - Identify plant costs variances and causes for the same. - COGS Review - Plant Overhead Review and Analysis Cost reduction follow up and tracking - Set review mechanism and validating the savings Month end closing activities related to closing - Production Order Review and Closure - Roll-up of Standard Cost Plant Hour Rate evaluation and Plant efficiency - STD Vs. Actual Hours review Inventory veri...

Posted 6 hours ago

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5.0 - 10.0 years

7 - 14 Lacs

hyderabad

Work from Office

At Y-Axis, our mission is simple yet powerful: Creating Global Indians. We believe in empowering people to achieve moreour clients and our teams alike. To make this possible, we rely on financial clarity, efficiency, and smart decisions. We are looking for a Cost Accountant who will play a critical role in driving business efficiency through data analysis, cost insights, and accurate reporting. This is not just about managing accountsits about connecting financial data to business outcomes, enabling leaders to act with confidence. What You’ll Do Provide actionable insights : Deliver timely reports on expenses, revenues, and profit margins that guide business and operational decisions. Analys...

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7.0 - 11.0 years

0 Lacs

satara, maharashtra

On-site

As a Cost Accountant at Hindustan Feeds in Satara, Maharashtra, you will play a crucial role in conducting detailed cost analyses, developing budgets and financial forecasts, implementing cost control measures, and providing decision support for the company's financial processes. Your responsibilities will include: - Conducting detailed cost analyses of various business processes, products, and services to identify cost drivers and areas for improvement. This involves analyzing direct costs, indirect costs, overhead costs, and identifying cost-saving opportunities. - Assisting in the development and maintenance of budgets and financial forecasts, including preparing cost estimates, projectin...

Posted 14 hours ago

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3.0 - 7.0 years

0 Lacs

chakan, maharashtra

On-site

As a Business Analyst/ Assistant Plant Controller at our company, you will play a crucial role in analyzing business processes and financial data to enhance efficiency and productivity. Your responsibilities will include financial planning, cost analysis, inventory management, stakeholder collaboration, and continuous process improvement. Key Responsibilities: - Develop and manage plant budgets, forecasts, and financial plans aligned with corporate objectives. - Analyze plant costs, identify variances, and implement corrective actions for improved profitability. - Calculate MHR, product costing, profitability analysis, and reconcile financial profitability with costing profitability. - Manag...

Posted 18 hours ago

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3.0 - 7.0 years

0 Lacs

chennai, tamil nadu

On-site

Role Overview: You will be part of a dynamic team working with S/4 HANA and Finance, Operations Supply Chain, and Master Data. Your main responsibility will be to contribute to the success of end-to-end implementation projects. This is not a functional role involving configuration or design. Key Responsibilities: - Must have completed at least one S/4 HANA end-to-end implementation and have experience with ECC - Quick learner who can start contributing within a few weeks - Deep subject matter expertise in product costing is essential for making an immediate and significant impact - Experience in analytics and reporting is desired - Preferred slightly technical background with familiarity wit...

Posted 18 hours ago

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10.0 - 12.0 years

8 - 9 Lacs

kolkata

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Lead costing, analysis, and financial reporting across manufacturing operations Provide data-driven insights to support strategic decision-making Partner with management for profitability analysis & cost optimisation Ensure accuracy and consistency in costing-related processes Qualification & Experience CMA Qualified professional Around 10 years of relevant experience in Costing & Analysis Age: 35 40 years preferred Proven professional stability & strong analytical acumen Strong presentation & communication skills Ability to thrive in a fast-paced manufacturing environment Compensation is not a constraint for the right candidate CANDIDATES WITH NOTICE PERIOD OF 15-30 DAYS /IMMEDIATE JOINER A...

Posted 21 hours ago

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8.0 - 12.0 years

15 - 25 Lacs

gurugram

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Experience - 8- 12Yrs Relevant in SAP FICO (6 - 8Yrs must have) Very clear understanding of FI-GL, FI-AR, FI-AP and FI Banking areas. Also have good working knowledge into CO area including PS and FM Required Candidate profile Location - Gurgaon Work Mode:-WFO (5days in a Week)

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10.0 - 12.0 years

8 - 12 Lacs

pune

Work from Office

YASH Technologies is a leading technology integrator specializing in helping clients reimagine operating models, enhance competitiveness, optimize costs, foster exceptional stakeholder experiences, and drive business transformation. At YASH, were a cluster of the brightest stars working with cutting-edge technologies. Our purpose is anchored in a single truth bringing real positive changes in an increasingly virtual world and it drives us beyond generational gaps and disruptions of the future. We are looking forward to hireSAP FICO Professionals in the following areas : Around 10to 12years of experience in the SAP FICO Module Certification in SAP S/4 HANA would be an added advantage Should h...

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5.0 - 8.0 years

12 - 16 Lacs

mumbai

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Prepare the companys yearly budget. Make financial forecasts for banks, investors, and management. Keep projections updated and accurate. Reporting & Analysis Prepare monthly MIS reports for management. Do financial analysis to explain differences between plan and actuals. Study business trends and highlight any risks or issues. Review GL trends to identify discrepancies Decision Support Provide financial insights to help management make better decisions. Work on product costing and pricing to ensure good profitability. Suggest ways to increase profits and reduce costs. Cash flow Management Prepare regular cashflow forecasts. Help ensure the company has enough funds for operations.

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2.0 - 7.0 years

4 - 9 Lacs

tirupati, naidupet, sri city

Work from Office

Job description Role & responsibilities Cost Management and Analysis Develop, monitor, and manage product costing systems, including raw materials (RM), semi-finished goods (SFG), and finished goods (FG). Perform variance analysis for material costs, production efficiency, and overheads. Analyze product mix and raw material cost variations, ensuring alignment with profitability goals. Prepare and maintain standard cost sheets for all products and processes Budgeting and Planning Oversee the preparation of annual budgets and financial forecasts for manufacturing operations. Conduct detailed budget variance analysis to identify cost-saving opportunities. Monitor Material Quantity Loss (MQL) an...

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12.0 - 17.0 years

7 - 11 Lacs

bengaluru

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1. Supply Chain Finance & Accounting Lead finance accounting processes across external and internal trading entities. Ensure compliance and optimization of intercompany transactions, transfer pricing, and group reporting. 2. Standard Costing & Product Costing Design and configure product costing building blocks. Define costing variants, valuation strategies, overhead costing sheets, and template allocations. Implement mass costing, parallel processing, and mixed costing functionalities. Deliver comprehensive standard costing solutions with multiple versions, reporting, and production version management. 3. Sales Order Costing Manage end-to-end sales order costing processes, including RA (Res...

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12.0 - 17.0 years

7 - 11 Lacs

bengaluru

Work from Office

Key Responsibilities 1. Supply Chain Finance & Accounting Lead finance accounting processes across external and internal trading entities. Ensure compliance and optimization of intercompany transactions, transfer pricing, and group reporting. 2. Standard Costing & Product Costing Design and configure product costing building blocks. Define costing variants, valuation strategies, overhead costing sheets, and template allocations. Implement mass costing, parallel processing, and mixed costing functionalities. Deliver comprehensive standard costing solutions with multiple versions, reporting, and production version management. 3. Sales Order Costing Manage end-to-end sales order costing process...

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10.0 - 20.0 years

25 - 40 Lacs

coimbatore

Work from Office

Responsible for product costing, budgeting, and variance analysis, ensuring timely cost updates, accurate costing P&L, pricing optimization, ROI/CAPEX validation, cost control across departments, ERP updates, MIS reporting, and efficiency evaluation. Required Candidate profile ICMAI qualification is mandatory 10+ yrs post-qualification experience must be from manufacturing industry Strong expertise in product costing, budgeting, and variance analysis (costing focus only)

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3.0 - 6.0 years

10 - 18 Lacs

gurugram

Work from Office

50% Should Costing Use Home Depot cost modeling tools to determine the bill of material costs as to provide insight to the manufactured costs on product basis. 20% Product Teardown Perform teardown in an engineering lab environment and develop bill of materials by capturing dimensional parameters and manufacturing process details of product components and entire assemblies. 20% Communicating Results Conduct financial and value-based calculations, summarize the findings from cost analytics for the business in presentation format and communicate the insights and recommendations to both technical/non-technical business partners. Present recommendations and influence execution of recommendation....

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4.0 - 8.0 years

1 - 5 Lacs

bengaluru

Work from Office

Key Responsibilities: Lead implementation and support for SAP CO Inventory Accounting processes. Configure and oversee Material Master Process to ensure accurate inventory valuation and postings. Manage month-end and year-end closing activities related to inventory accounting. Ensure seamless integration of CO with FI and MM for end-to-end inventory management. Collaborate with finance, supply chain, and business stakeholders to design effective solutions. Provide guidance and mentorship to junior consultants, ensuring best practices are followed. Prepare documentation, conduct workshops, and support user training. Required Skills & Experience: 6-10 years of experience in SAP CO with strong ...

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4.0 - 7.0 years

10 - 12 Lacs

ahmednagar

Work from Office

Job Responsibilities: Financial analysis of Accounts Payable, Accounts Receivable, and Inventory. Preparing fund flow, Cash flow, forecast, and Cash Budget management. Product costing. Monthly costing related MIS and analysis. Variance analysis. GST reconciliation & filling of GSTR 1, GSTR-2B, GSTR 3B Preparation & filling of Quarterly e-TDS Returns, issuing Form 16 and 16A Preparation & Handling of Tax Audit, GST Audit, Cost Audit, Statutory Audit, Assessments of Income Tax, GST Ensuring compliance of statutory Reports and returns /payments within due date as per Income Tax Act , GST, PF, PT,ESIC

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6.0 - 8.0 years

6 - 10 Lacs

hyderabad

Work from Office

We are looking forward to hireSAP S4 FICO Professionals in the following areas : SAP S4HANA FICO Consultant with experience (6-8 years) in the following areas: General Ledger Accounts Payable and Accounts receivables APP, Integration of bank files with PI Good working knowledge on DMEE, Lock Box, EBS and banking related transaction FI-SD , FI-MM Integration should be able to do functional Testing Intercompany Transactions and related taxes Taxes - Input Taxes , Output Taxes Good Working Knowledge in Fixes Assets, Investment Management Working knowledge on Project Systems , Integration of PS with Fixed assets Cost Center, Internal Order Working knowledge on Product Costing Working Knowledge o...

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3.0 - 5.0 years

5 - 10 Lacs

hyderabad

Work from Office

We are looking forward to hireSAP CO Professionals in the following areas : SAP CO Consultant Should have a minimum of 3-5 years of the SAP CO module. A graduate degree in Finance or Commerce from a Reputed university would be preferred Experience of SAP S/4 HANA Rise on AWS is mandatory S4/HANA work experience or S4 Certification will be added advantage Should have experience on the following topics Org Structure: Controlling Org Structure (Operating Concern /Area)Master Data : Profit centre/ Grp master data, Cost centre / Group master data, Activity type master data Internal order & Internal Order Group master data, SKF, Cost element Experience in Result Analysis & CO-PS integration Contro...

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6.0 - 8.0 years

10 - 15 Lacs

gurugram

Work from Office

Department Cost CoE Level 5 Purpose of your role The Cost CoE team was formed in late 2022 to address the complexity & drivers around cost, create a scalable operating model, and deliver services that drive business performance and ensure regulatory compliance. To progress on the vision of building cost CoE, the primary responsibility of this role would be enhancing the transparency and quality of costs & related datasets. The candidate will be responsible to support drive strategic programmes and develop implementation plans by coordinating with leaders across Controllership and Business finance. The candidate will also contribute to creation and implementation of best practices, cost estim...

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3.0 - 7.0 years

5 - 6 Lacs

navi mumbai

Work from Office

Job Profile Minimum 3 to 4 years of Experience in Capitalization Capex Controlling Accounts Payable Capex MIS & Plant Opex MIS GRIR Review & Monthly Provisioning Product Costing Base location for this position is Airoli however, needs to travel to plant in Ambernath

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6.0 - 8.0 years

8 - 12 Lacs

ahmedabad

Work from Office

We are hiring a Sr SAP CO Consultant for a 6-month full-time onsite contract role in Ahmedabad. The candidate must have 6-8 years of hands-on experience in SAP Controlling (CO), including configuration and support of modules such as Cost Center Accounting, Profit Center Accounting, Internal Orders, Product Costing, and CO-PA. The role involves requirement gathering, blueprinting, gap analysis, functional specifications, data migration, testing, user training, and post-go-live support. Experience in S/4HANA environments, strong integration knowledge with FI, MM, PP, and SD, and excellent communication and problem-solving skills are essential. Immediate joiners only.

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3.0 - 7.0 years

9 - 11 Lacs

new delhi, baddi

Work from Office

1. Product Costing and Marginal Costing 2. Preparation of Process & Product wise cost sheet 3. Product & Customer wise cost analysis 4. Validate cost of goods sold as month end activities 5. Reconciliation between costing & Accounts department 6. Variance Analysis and Budgeting 7. SAP & MIS, Pricing, Fund Flow Preparation, Reconciliation 8. Identification of Cost reduction opportunities and thereby enabling profitability management across plants. 9. Budget for Department Overheads and PBT analysis. 10. candidate have working exp on SAP Software.

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8.0 - 13.0 years

6 - 10 Lacs

hyderabad

Work from Office

We are looking forward to hireS/4 HANA FICO Professionals in the following areas : Looking for Senior SAP S/4 HANA FICO Consultant base location Hyderabad Resource with S/4 HANA E-Invoicing and experience in DRC is highly preferrable We are seeking a highly experienced SAP S/4 HANA FICO Consultant with in-depth knowledge of Financial accounting process. The ideal candidate should have min 8 years of experience in SAP FICO and must have been involved in S/4 HANA implementations / rolloutsKey responsibilities Bachelor's degree in Finance, Accounting, Information Technology, or a related field.Minimum 8 years of SAP FICO experience with good communication skills in working with international cl...

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10.0 - 14.0 years

0 Lacs

pune, maharashtra

On-site

Role Overview: As a SAP FICO Consultant with CO experience, your main responsibility will be to lead the design, configuration, and deployment of SAP CO modules such as Cost Center Accounting, Internal Orders, Product Costing, and Profitability Analysis. You will provide expertise on S/4HANA Controlling innovations and ensure seamless FICO integration for end-to-end finance processes. Collaboration with business stakeholders to understand financial planning and performance management needs will be crucial. Your role will involve designing solutions to support cost optimization, transparency, and reporting, as well as working closely with technical teams for enhancements, custom developments,...

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Exploring Product Costing Jobs in India

The product costing job market in India is thriving, with a growing demand for professionals who can accurately calculate the costs associated with manufacturing goods or providing services. Companies across various industries are actively seeking skilled individuals to help them optimize their pricing strategies and improve profitability.

Top Hiring Locations in India

  1. Mumbai
  2. Bangalore
  3. Delhi
  4. Chennai
  5. Pune

Average Salary Range

The average salary range for product costing professionals in India varies based on experience level: - Entry-level: ₹3-5 lakhs per annum - Mid-level: ₹6-10 lakhs per annum - Experienced: ₹10-20 lakhs per annum

Career Path

In the field of product costing, a typical career path may include roles such as: - Cost Analyst - Senior Cost Accountant - Costing Manager - Chief Financial Officer

Related Skills

In addition to product costing expertise, professionals in this field often benefit from having skills in: - Financial analysis - Data analysis - Cost optimization strategies - Knowledge of accounting principles

Interview Questions

  • What methods do you use to calculate direct and indirect costs? (basic)
  • How do you ensure accuracy in your cost estimation process? (medium)
  • Can you explain the concept of standard costing and how it is used in product costing? (medium)
  • Have you ever implemented cost reduction initiatives in a previous role? If so, can you provide an example? (advanced)
  • How do you stay updated on industry trends and market changes that may impact product costing? (basic)
  • What tools or software do you use for cost analysis and reporting? (medium)
  • How do you handle cost variance analysis and what actions do you take based on the findings? (advanced)
  • Describe a challenging product costing project you worked on and how you overcame obstacles to achieve success. (medium)
  • How do you communicate cost-related information to non-financial stakeholders within the organization? (basic)
  • Can you walk us through your process for developing cost estimates for new products or services? (medium)
  • What role do you believe product costing plays in overall business strategy and decision-making? (basic)
  • How do you prioritize cost-saving opportunities and implement cost control measures in a dynamic business environment? (advanced)
  • Explain the difference between variable and fixed costs and how they impact product pricing. (medium)
  • How do you handle cost allocation for shared resources or overhead expenses? (advanced)
  • What strategies do you use to forecast future costs and budget effectively for upcoming projects? (medium)
  • Describe a situation where you had to justify cost projections or recommend pricing adjustments to senior management. (advanced)
  • How do you assess the profitability of different product lines or services based on cost analysis? (medium)
  • What role does cost-volume-profit (CVP) analysis play in your cost estimation process? (advanced)
  • Can you explain the concept of activity-based costing (ABC) and how it differs from traditional costing methods? (advanced)
  • How do you ensure compliance with regulatory requirements and accounting standards in your cost analysis and reporting? (medium)
  • What do you consider the biggest challenges in product costing today, and how do you address them in your work? (advanced)
  • How do you approach cost-benefit analysis when evaluating potential investments or strategic decisions for the business? (medium)
  • Describe a scenario where you had to work cross-functionally with teams outside of finance to achieve cost-saving goals. (advanced)
  • How do you handle cost estimation for custom projects or unique products that don't fit traditional costing models? (advanced)

Closing Remark

As you prepare for product costing job opportunities in India, remember to showcase your expertise in cost analysis, financial acumen, and strategic thinking during interviews. With the right skills and preparation, you can confidently pursue a rewarding career in this field. Good luck!

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