Key Responsibilities
Product Costing
Prepare and maintain product cost sheets.
Calculate material, labor, overhead, and manufacturing costs.
Analyze BOM (Bill of Material) and routing for accurate costing.
Cost Analysis &
Control
Monitor actual costs against standard/budgeted costs.
Identify cost variances and recommend corrective actions.
Track manufacturing cost trends and cost-saving opportunities.
Budgeting &
Forecasting
Assist in preparation of annual budgets and cost forecasts.
Monitor departmental expenses against approved budgets.
Provide periodic cost reports to management.
Inventory Cost Management
Verify inventory valuation and costing methods.
Analyze stock variances, slow-moving, and obsolete inventory.
Support monthly and yearly stock audits.
Quotation &
Tender Costing
Prepare cost estimates for current products and customer quotations.
Evaluate profitability of recent projects and orders.
Support sales and business development teams with costing inputs.
Variance Analysis
Analyze material, labor, and overhead variances.
Investigate reasons for cost deviations.
Coordinate with Production, Purchase, and Stores departments for corrective actions.
MIS &
Reporting
Prepare monthly cost reports and management dashboards.
Present profitability analysis by product,



customer, or project.
Generate reports for management review and decision-making.
Process Improvement
Identify prospects for cost reduction and productivity improvement.
Participate in Kaizen, Lean Manufacturing, and Value Engineering activities.
Support implementation of cost control measures across departments.
Compliance &
Audit Support
Ensure compliance with company policies and accounting standards.
Provide required data during internal and external audits.
Maintain proper documentation related to costing activities.

Required Skills
Cost Accounting &
Cost Control
Standard Costing and Variance Analysis
BOM &
Routing Analysis
Budgeting and Forecasting
Advanced MS Excel
ERP Systems (SAP, Oracle, Microsoft Dynamics, etc.)
Strong Analytical and Problem-Solving Skills
Manufacturing Cost Management

Reporting

Reports To: Operation Head

Education &
Experience
Diploma &
BE - Mech
4–8 years of experience in Manufacturing Costing &
Cost Control

Pay: ₹35,000.00 - ₹40,000.00 per month

Benefits
Food provided
Health insurance
Provident Fund

Experience
Product Costing: 4 years (Required)

Work Location: In person

📌 Costing Engineer Chakan
🏢 Trailer Louault India
📍 Chakan