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 new 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 opportunities 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 & Rou
📌 Costing Engineer (Chakan)
🏢 Trailer Louault India
📍 Chakan
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