Job Purpose (Summary / One – Line Description)► Support costing activities including product costing, variance analysis, and inventory valuation to ensure accurate financial reporting and cost control► Assist in providing cost insights to improve operational efficiency and support business decision-making.

Duties/Responsibilities/Activities: Strategy &

- Planning► Support preparation of cost data and analysis for budgeting and forecasting exercises► Assist in evaluating cost structures and identifying opportunities for cost optimization► Provide inputs for pricing decisions based on cost analysis Costing Policies &
- Procedures:➤ Ensure adherence to standard costing policies and procedures➤ Assist in maintaining documentation related to costing processes and methodologies➤ Support implementation and improvement of costing systems and processes Costing Process Management:➤ Prepare and maintain product cost sheets and BOM (Bill of Materials) costing➤ Perform variance analysis (material, labor, overhead) and highlight key deviations➤ Assist in inventory valuation and reconciliation in coordination with stores and accounts team➤ Ensure accurate allocation of overheads and absorption costing➤ Support monthly closing activities related to costing and inventory. MIS &
- Reporting:➤ Prepare periodic cost reports, dashboards, and analysis for management review➤ Track key cost drivers and provide actionable insights➤ Support preparation of standard vs actual cost comparisons Audits &




- Compliance:➤ Assist in cost audits and statutory audits by providing required data and documentation➤ Ensure compliance with applicable accounting standards and internal controls➤ Support internal audit processes and address audit observations.

Continuous

Improvement:➤ Identify process gaps and suggest improvements in costing systems and reporting➤ Support automation initiatives in costing and MIS reporting➤ Stay updated with costing techniques and industry best practices. Coordination &

- Support:➤ Work closely with production, procurement, and stores teams for accurate cost data➤ Coordinate with finance team for reconciliation and reporting requirements➤ Support cross-functional teams with cost-related inputs and analysis Qualification:
- B. Com / M. Com with ICWA / CMA Cleared or CA with Costing Experience.
- MBA (Finance) – Preferred Experience: 5-8 Years Other Skillsets (Technical/Behavioral): Function/ Technical • Knowledge of costing methods (standard costing, marginal costing, absorption costing)• Understanding of BOM, inventory valuation, and variance analysis• Knowledge of accounting principles and cost audit requirements• Hands-on experience with SAP- FICO System is must• Strong analytical and numerical skills• Proficiency in MS Excel. Behavioral •Attention to detail• Analytical thinking• Valuable communication and coordination skills• Planning and organizing ability• Team collaboration

📌 Finance And Account - Costing (cma) (Pune)
🏢 Sudarshan Chemical Industries
📍 Pune