Job DescriptionJob Purpose (Summary / One – Line Description) Nn► 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. NnDuties/Responsibilities/Activities: NnStrategy& 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 NnCosting 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 NnCosting 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 closingactivities related to costing and inventory. NnMIS & 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 NnAudits &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. NnContinuous Improvement: N➤ Identify process gaps and suggest improvements in costing systems and reporting N➤ Support automation initiatives in costing and MIS reporting N➤ Stay updated with costing techniques and industry best practices. NnCoordination & Support: N➤ Work closely with production, procurement, and stores teams for accurate cost data N➤ Coordinate with financeteam for reconciliation and reporting requirements N➤ Support cross-functional teams with cost-related inputs and analysis NnQualification:
- B.Com / M.Com with ICWA / CMA Cleared or CA with Costing Experience. N
- MBA (Finance) – Preferred NnExperience: 5-8 Years NnOther Skillsets (Technical/Behavioral): NFunction/ Technical N
- Knowledge of costing methods (standard costing, marginal costing, absorption costing) N
- Understanding of BOM, inventory valuation, and variance analysis N
- Knowledge of accountingprinciples and cost audit requirements N
- Hands-on experience with SAP- FICO System is must N
- Robust analytical and numerical skills N
- Proficiency in MS Excel. NnBehavioral N
- Attention to detailn
- Analytical thinking N
- Good communication and coordination skills N
- Planning and organizingability N
- Team collaboration

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