Cost Control Specialist
High Glory Footwear · Not specified · onsite · Posted 29d ago
₹2.2L - ₹4.8L PA0–3 yrsfulltimeSourced from
About a minute. You'll make an account on the way through.
About this role
- Lead the preparation, consolidation, and rolling forecast of annual operating budgets for the plant/business unit, establishing effective budget control mechanisms.
- Responsible for reviewing, tracking, and variance analysis of departmental Capital Expenditure (CAPEX) and Operating Expenses (OPEX), strictly controlling expenditure validity and budget execution rates.
- Establish and implement footwear manufacturing cost control systems (Standard Cost vs. Actual Cost variance analysis), conducting in-depth analyses of material, labor, and manufacturing overhead (MOH).
- Maintain data and calculate consumption yields for Footwear Costing BOMs, and Monitor and analyze material consumption yields for key footwear models, tracking cutting yields, stitching/assembly losses, and scrap rates to drive material savings and waste reduction projects.
- Collaborate with Development, Technical, Purchasing, and Production teams to conduct product life-cycle costing reviews and optimize Value Analysis / Value Engineering (VA/VE).
- Regularly prepare and present plant operational performance reports, P&L variance analyses, gross margin reviews, and KPI tracking to support executive decision-making.
- Build data models and continuously monitor key operational metrics including capacity utilization, cost per pair, labor efficiency, and output per worker.
- Assist in evaluating ROI / payback periods for capital equipment investments and cost-benefit feasibility for Lean / Continuous Improvement (CI) projects.
- Establish and continuously optimize expense reimbursement approval guidelines, cost accounting workflows, and budget management Standard Operating Procedures (SOP).
- Execute cross-functional operational analysis projects and specialized financial modeling evaluations assigned by management.
- Manage the Engineering Change Notice (ECN) process to ensure absolute accuracy of material codes, specifications, and consumption rates within the footwear Bill of Materials (BOM).
- Complete ad-hoc assignments and temporary tasks assigned by supervisors in a timely manner.
Sourced from naukri
Skills
Material Planningbudget forecasting