► Support costing activities including product costing, variance analysis, and inventory valuation to ensure accurate financial reporting and cost control
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► Assist in providing cost insights to improve operational efficiency and support business decision-making.
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Duties/Responsibilities/Activities:
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Strategy & Planning
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► Support preparation of cost data and analysis for budgeting and forecasting exercises
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► Assist in evaluating cost structures and identifying opportunities for cost optimization
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► Provide inputs for pricing decisions based on cost analysis
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Costing Policies & Procedures:
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➤ Ensure adherence to standard costing policies and procedures
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➤ Assist in maintaining documentation related to costing processes and methodologies
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➤ Support implementation and improvement of costing systems and processes
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Costing Process Management:
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➤ Prepare and maintain product cost sheets and BOM (Bill of Materials) costing
➤ Assist in inventory valuation and reconciliation in coordination with stores and accounts team
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➤ Ensure accurate allocation of overheads and absorption costing
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➤ Support monthly closing activities related to costing and inventory.
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MIS & Reporting:
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➤ Prepare periodic cost reports, dashboards, and analysis for management review
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➤ Track key cost drivers and provide actionable insights
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➤ Support preparation of standard vs actual cost comparisons
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Audits & Compliance:
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➤ Assist in cost audits and statutory audits by providing required data and documentation
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➤ Ensure compliance with applicable accounting standards and internal controls
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➤ Support internal audit processes and address audit observations.
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Continuous Improvement:
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➤ Identify process gaps and suggest improvements in costing systems and reporting
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➤ Support automation initiatives in costing and MIS reporting
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➤ Stay updated with costing techniques and industry best practices.
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Coordination & Support:
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➤ Work closely with production, procurement, and stores teams for accurate cost data
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➤ Coordinate with finance team for reconciliation and reporting requirements
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➤ Support cross-functional teams with cost-related inputs and analysis
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Qualification: • B.Com / M.Com with ICWA / CMA Cleared or CA with Costing Experience.
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• MBA (Finance) – Preferred
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Experience: 5-8 Years
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Other Skillsets (Technical/Behavioral):
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Function/ Technical
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- Knowledge of costing methods (standard costing, marginal costing, absorption costing)
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- Understanding of BOM, inventory valuation, and variance analysis
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- Knowledge of accounting principles and cost audit requirements
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- Hands-on experience with SAP- FICO System is must
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- Solid analytical and numerical skills
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- Proficiency in MS Excel.
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Behavioral
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- Attention to detail
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- Analytical thinking
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- Good communication and coordination skills
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- Planning and organizing ability
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- Team collaboration
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📌 Finance and Account - Costing (CMA) (Pune)
🏢 Sudarshan Chemical Industries
📍 Pune
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