Job Description
Job Purpose (Summary / One – Line Description)
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n► Support costing activities including product costing, variance analysis, and inventory valuation to ensure accurate financial reporting and cost control
n► Assist in providing cost insights to improve operational efficiency and support business decision-making.
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nDuties/Responsibilities/Activities:
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nStrategy & Planning
n► Support preparation of cost data and analysis for budgeting and forecasting exercises
n► Assist in evaluating cost structures and identifying opportunities for cost optimization
n► Provide inputs for pricing decisions based on cost analysis
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nCosting Policies & Procedures:
n➤ Ensure adherence to standard costing policies and procedures
n➤ Assist in maintaining documentation related to costing processes and methodologies
n➤ Support implementation and improvement of costing systems and processes
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nCosting Process Management:
n➤ Prepare and maintain product cost sheets and BOM (Bill of Materials) costing
n➤ Perform variance analysis (material, labor, overhead)
and highlight key deviations
n➤ Assist in inventory valuation and reconciliation in coordination with stores and accounts team
n➤ Ensure accurate allocation of overheads and absorption costing
n➤ Support monthly closing activities related to costing and inventory.
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nMIS & Reporting:
n➤ Prepare periodic cost reports, dashboards, and analysis for management review
n➤ Track key cost drivers and provide actionable insights
n➤ Support preparation of standard vs actual cost comparisons
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nAudits & Compliance:
n➤ Assist in cost audits and statutory audits by providing required data and documentation
n➤ Ensure compliance with applicable accounting standards and internal controls
n➤ Support internal audit processes and address audit observations.
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nContinuous Improvement:
n➤ Identify process gaps and suggest improvements in costing systems and reporting
n➤ Support automation initiatives
📌 Finance and Account (Pune)
🏢 Sudarshan Chemical Industries
📍 Pune
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