Job Description

- Costing & Budget Analyst (Fresher)

Department: NPD / Innovation / Commercial Finance

Location: Tambaram (Corporate Office)

Qualification: MBA - Finance Management (Fresher) / Experience: 0-1 year

1. Role Summary

We are looking for a highly motivated fresh MBA (Finance) graduate to join our

New Product Development and Innovation team as a Costing & Budget Analyst.

The role involves supporting product costing, budgeting, financial analysis, and

customer commercial activities for OEM / ODM gas stove / Hob / Hob Top/

Chimney projects.

The selected candidate will receive hands-on training in costing methodologies,

manufacturing processes, and commercial finance.

2. Key Responsibilities

A. Costing Support

? Assist in preparing cost sheets for new products and engineering changes.

? Support the creation of should-cost analysis under guidance.

? Coordinate with NPD and Engineering teams to collect BOM and process

details.

? Assist in comparing supplier quotes and validating cost drivers.

B. Budgeting & Financial Planning

? Support preparation of project budgets for NPD and Innovation projects.

? Track expenses and assist in preparing variance reports.

? Maintain records of tooling costs, sample costs, and development budgets.

C. Customer Commercial Support

? Assist in preparing customer quotations and pricing proposals.

? Help maintain customer price files, margin sheets, and cost breakdowns.

? Update and validate commercial data required by Business Development.

D. Reporting & Documentation

? Prepare daily/weekly MIS reports for management review.

? Maintain costing and budgeting trackers.

? Support in RM price tracking and basic financial impact analysis.

E. Learning & Cross-Functional Support

? Work closely with NPD, Procurement, Production, and Quality teams.

? Learn manufacturing cost structures and commercial processes.

? Participate in internal project discussions and gain project exposure.

3. Required Skills

? Strong analytical and numerical ability.

? Good understanding of basic finance, costing, and budgeting concepts.

? Proficiency in Excel (mandatory) - formulas, pivot tables, charts.

? Basic knowledge of manufacturing / BOM is an added advantage.

? Good communication and presentation skills.

? Willingness to learn and adapt quickly.

4. Qualification

? MBA - Finance Management (Fresher)

? Additional certifications in Excel / Financial Modeling (optional)

5. Key Attributes

? High attention to detail

? Eagerness to learn and grow

? Discipline in reporting and documentation

? Ability to work in a fast-paced cross-functional environment

? Positive attitude and ownership mindset

Job Type: Full-time

Pay: From ?20,000.00 per month

Benefits:

Health insurance Provident Fund
Work Location: In person