Key Responsibilities
- Prepare and maintain standard costing for raw materials, work-in-progress, and finished goods (pellets, iron ore, by-products).
- Conduct periodic variance analysis (standard vs. actual) covering material, labour, and overhead costs, and report deviations to management.
- Support pricing decisions by preparing product cost sheets and profitability analysis.
- Assist in preparation of annual budgets and periodic cost forecasts; track actual spend against budget.
- Identify cost reduction and cost control opportunities across direct costs (material, labour, overheads) and indirect costs (admin, marketing, distribution).
- Maintain inventory valuation and reconciliation in coordination with stores and production teams.
- Prepare monthly costing MIS reports, cost audits, and support statutory cost audit requirements (Cost Records / CRA-3 as applicable).
- Work closely with production, stores, and finance teams to ensure accurate cost data capture in SAP.




- Support internal and statutory audits with costing schedules and reconciliations.

Preferred candidate profile
- CMA (Cost & Management Accountant) or equivalent professional qualification mandatory. CMA-Inter/Semi-qualified candidates with strong industry costing experience may also be considered.
- Professional working knowledge of SAP, specifically the Controlling (CO) / Product Costing (CO-PC) module — mandatory.
- Minimum 2+ years of experience in costing and budgeting, preferably in steel, mining, or manufacturing industries.
- Strong working knowledge of MS Excel for cost sheets, variance analysis, and reporting.
- Valuable understanding of standard costing, inventory valuation, and cost audit requirements.
- Excellent communication skills and ability to coordinate across production, stores, and finance functions.
- Ability to work in a fast-paced plant environment and meet reporting deadlines.

📌 Costing Officer (Hagaribommanahalli)
🏢 Rai Bahadur Seth Shreeram Narasingdas Private Limi Ted
📍 Hagaribommanahalli