1. Costing
2. Prepare and maintain product-wise costing based on material, labour, machine, and other relevant costs.
3. Review costing periodically and update it based on changes in cost components.
4. Standard Costing
5. Assist in establishing and maintaining standard costs for products.
6. Compare standard costs with actual costs and identify major variations.
7. Product Pricing
8. Prepare costing-based pricing for products.
9. Support the team in analysing the impact of cost changes on product prices and margins.
10. Gross Profit & Profitability
11. Calculate and monitor Gross Profit at product level.
12. Prepare product-wise profitability analysis and identify significant variations in margins.
13. Assist in identifying reasons for lower or higher profitability.
14. MIS & Analysis
15. Prepare regular MIS reports relating to costing, pricing, Gross Profit, and product profitability.
16. Provide relevant analysis and information to support management decisions.
17. Coordination & Other Activities
18. Coordinate with Production, Purchase, Sales, and Accounts teams for costing-related information.
19. Take up other costing, analysis, and MIS-related work as assigned by the Head from time to time.