Job Summary
The Product Costing Executive is responsible for preparing, analyzing, and maintaining accurate product cost data to support pricing decisions, profitability analysis, budgeting, and cost control. The role works closely with production, procurement, engineering, and sales teams to ensure cost transparency and margin improvement.
Key Responsibilities
Product Costing & Analysis
- Prepare detailed product cost sheets including material, labor, overheads, freight, duties, and other indirect costs
- Calculate standard cost, actual cost, and variance analysis
- Update costing for new products, design changes, and process changes
- Conduct BOM (Bill of Materials) costing and validating inputs
Pricing & Profitability
- Support sales and management with pricing, quotations, and margin analysis
- Analyze product-wise, customer-wise, and project-wise profitability
- Recommend cost optimization and margin improvement opportunities
Cost Control & Process Improvement
- Monitor cost deviations and highlight abnormal variances
- Work with production and procurement to identify cost reduction initiatives
- Support make vs buy decisions and vendor cost comparisons
Data Management & Reporting
- Maintain costing data in ERP /Infor/ SAP / Oracle / Excel-based systems
- Prepare regular MIS reports on cost, margins, and variances
- Assist in budgeting, forecasting, and audit requirements
Cross-Functional Coordination
- Coordinate with Procurement, Production, Stores, Quality, Engineering, and Sales
- Support management during audits, pricing reviews, and strategic decisions
Required Skills & Competencies
- Strong knowledge of cost accounting and product costing concepts
- Excellent Excel skills (VLOOKUP/XLOOKUP, Pivot Tables, formulas)
- Experience with ERP systems (SAP, Infor, Oracle, Dynamics, etc.)
- Analytical thinking with attention to detail
- Good communication and coordination skills
Qualifications
- Bachelor’s degree in commerce, Finance, Accounting, or Engineering
- CA Inter / CMA Inter / MBA (Finance) preferred
- 2–6 years of experience in product costing or manufacturing finance
Key Performance Indicators (KPIs)
- Accuracy of product costing
- Timely costing updates for new and revised products
- Cost variance analysis and reporting
- Contribution to cost reduction initiatives
- Margin improvement support to business
Job Summary
The Financial Analyst is responsible for financial planning, analysis, reporting, and decision support to management. This role involves analyzing financial data, preparing forecasts and budgets, monitoring performance, and providing insights to improve profitability, efficiency, and financial control.
Key Responsibilities
Financial Analysis & Reporting
- Analyze financial statements, P&L, balance sheet, and cash flow
- Prepare monthly, quarterly, and annual financial analysis reports
- Track key financial metrics and variances against budget and forecast
- Provide insights on revenue trends, cost drivers, and profitability
Budgeting, Forecasting & Planning
- Assist in preparation of annual budgets and rolling forecasts
- Monitor actual performance vs budget and explain variances
- Support long-term financial planning and scenario analysis
Business & Decision Support
- Support management with business cases, investment analysis, and ROI models
- Conduct cost–benefit analysis and sensitivity analysis
- Support pricing, product profitability, and margin analysis
Data Management & Controls
- Ensure accuracy and integrity of financial data in ERP and reporting systems
- Maintain financial models and dashboards
- Support internal and statutory audits with analysis and documentation
Cross-Functional Collaboration
- Work closely with Sales, Operations, Procurement, and HR teams
- Provide financial inputs for contracts, proposals, and strategic initiatives
Required Skills & Competencies
- Strong knowledge of financial analysis, accounting principles, and FP&A
- Advanced Excel skills (Pivot Tables, Power Query, financial models)
- Experience with ERP systems (SAP, Infor, Oracle, Dynamics, etc.)
- Strong analytical, problem-solving, and presentation skills
- Ability to translate numbers into business insights
Qualifications
- Bachelor’s degree in finance, Accounting, Economics, or Commerce
- CA / CMA / CFA / MBA (Finance)
- 2–5 years of experience in financial analysis or FP&A role
Key Performance Indicators (KPIs)
- Accuracy and timeliness of financial reports
- Budget vs actual variance analysis quality
- Forecast accuracy
- Quality of business insights and recommendations
- Support to management decision-making
Preferred Industry Experience (Optional)
Pay: ₹50,000.00 - ₹65,000.00 per month
Work Location: In person
