31 Oct
|
Epic Agro Products
|
Kolkata
31 Oct
Epic Agro Products
Kolkata
Job Purpose
The Costing Executive is responsible for tracking, analysing, and managing manufacturing costs across diverse product categories (Biscuits, Bread, Cake and Beverages). In a contract manufacturing setup, this role is critical for ensuring accurate Bill of Materials (BOM) validation, monitoring raw material yields, managing process wastage, Expense - ( Opex/Capex) Analysis and evaluating product-wise profitability to safeguard both company margins and client service-level agreements (SLAs).
Key Responsibilities & Duties
Product Costing & BOM Validation
Maintain and update the standard product costing sheets for all client-specific SKUs (Biscuits, Bread, and Cold Drinks etc).
Conduct regular audits of the Bill of Materials (BOM) against physical floor consumption to account for volatile ingredients (e.g., flour, sugar, oil, flavourings, CO2, Other raw materials), Labour, Overheads etc.
Evaluate and structure costing variables unique to contract manufacturing, such as conversion charges, machine-hour rates, Labour (Contractual) and specialized packaging configurations.
Variance & Yield Analysis
Track and report daily/weekly material yield percentages for mixing, baking (biscuits/bread), and bottling/canning lines (cold drinks).
Investigate variances between Standard Cost vs.
Actual Cost for direct materials, labour, and factory overheads.
Monitor and reconcile production floor losses, including dough scrap, baking rejection, over-weights, syrup spillage, and packaging line breakages.
Monitoring & Control of Scrap generation.
Inventory Valuation & Control
Oversee month-end stock verification and inventory valuation of raw materials, work-in-progress (WIP), and finished goods.
Monitor shelf-life tracking for perishable ingredients (e.g., yeast, emulsifiers, etc) to prevent obsolescence and write-off costs.
Collaborate with store and procurement teams to reconcile physical stocks with ERP records.
Operational Support & Reporting
Prepare monthly Management Information System (MIS) reports detailing product-wise margins, capacity utilization costs, and overhead absorption. (Profitability)
Track conversion costs specifically related to individual client contracts to ensure billing accuracy.
Identify operational bottlenecks and recommend cost-optimization prospects on the shop floor.
Preferred candidate profile
*Qualification : CA inter/ICWA (CMA)
*Must have hands-on working experience in SAP or similar ERP/order management software.
📌 Costing Executive Kolkata
🏢 Epic Agro Products
📍 Kolkata