Job Description

Minimum Required Experience : 2 years


Full Time


Skills


presentation skill
Variance Analysis
Sap Co
Product Costing
Shop Floor Management
Inventory Valuation
Description





Releases standard costs for all articles (newly launched and ongoing) by verifying accuracy of bill of materials, activity costs, performing cost calculations, and analyzing results to ensure timely and precise cost setting for effective pricing.

Verifies MRP proposal cost sheets by receiving cost sheets from units along with BOM approval, routing approval, and stitching rate confirmation forms, coordinating with Prodcut Management team for approved MRP, and getting management approval to ensure effective cost fixation and decision making.

Analyzes variance between standard cost run and actual cost by identifying the reason for deviations occurred, highlighting the areas, communicating to the respective departments for corrective actions to improve operational efficiency.

Analyzes Article profitability by providing detailed cost breakdowns, evaluating profit margins, suggesting cost control measures and MRP revisions to cross-functional teams resulting in improved product profitability and informed pricing decisions.

Prepares MIS reports by compiling relevant data on article profitability, conversion costs, scrap, consumption variance, manpower details, and other metrics resulting in informed management decision-making.

Validates cost centre expenses periodically by ensuring that all posted expenses are accurate and properly aligned with the designated purpose of each cost centre, thereby supporting effective financial accuracy.

Prepares and reviews activity cost rates under each cost centre by determining costs of elements such as machine hour rate, labour hour rate, and overheads involved in production to ensure accurate allocation of costs.

* ETC........