Job Responsibilities:

1. Product Costing – Prepare accurate costing for products based on raw material, labour, overhead and other expenses.

2. Raw Material Cost Calculation – Calculate material consumption and cost as per BOM/specifications.

3. Labour Costing – Calculate direct and indirect labour costs involved in production.

4. Overhead Calculation – Allocate factory, power, maintenance, administrative and other overhead costs.

5. Quotation Costing – Prepare costing sheets for new enquiries, quotations and customer requirements.

6. Cost & Margin Analysis – Analyse product cost, selling price, gross margin and profitability.

7. Actual vs. Standard Cost – Compare standard costing with actual production costs and identify variances.

8. Cost Reduction – Identify opportunities to reduce material wastage, production expenses and other costs.

9. Production Data Verification – Coordinate with Production, Purchase, Stores and Accounts teams to verify costing inputs.

10. MIS & Costing Reports – Prepare daily/monthly costing reports, variance reports and management MIS.

11. Price Revision Support – Analyse changes in raw material, labour and overhead costs for pricing revisions.

12. ERP/Excel Management – Maintain costing data, formulas, BOMs and reports in ERP/Excel.

13. Inventory & Wastage Analysis – Monitor material consumption, stock valuation and production wastage.

14. Management Coordination – Provide cost and profitability analysis to management for business decisions.

Key skills for the position:

MECHANICAL ENGINEER PREFERED
GOOD KNOWLEDGE OF EXCEL,BOM,ENGINEERING DESIGN
EXPERIENCE IN MACHINE MANUFACTURING,COSTING PREFERED
STRONG ANALYTICAL AND CALCULATION SKILL

About Company

Qualifications

BE/B.TECH Mechanical Engineering