Costing Executive (Plant/Factory)

Key Responsibilities

1. Costing & Cost Analysis

• Prepare and maintain product cost sheets including BOM, labour, and overheads.
• Perform standard costing, actual costing, and variance analysis and share reports with HO Finance.
• Track and report production cost trends, including scrap, wastage, and yield deviations.
• Support costbenefit analysis for new products, processes, or investments from a financial perspective.

2. Accounting & Reconciliation

• Coordinate with Havmor HO Finance and share monthly advance requisitions as per agreed terms.
• Share weekly consumption and debit reports towards material consumption.
• Verify and confirm Havmor inventory at 3P on a monthly basis with HO.
• Perform dip test of advance material inventory and reconcile with physical stock.
• Assist in quarterly ledger reconciliation between Havmor and the 3P.

3. Finance, MIS & Reporting

• Prepare periodic MIS reports for management and HO Finance review.
• Assist in preparation of cost budgets and forecasts.
• Maintain and track asset register, including coordination on interest cost payments.
• Perform ROI analysis and provide financial support to HO Finance for Capex and large Opex decisions at 3P.

Knowledge and Skills (Functional / Technical) :

• Proficiency in MS Excel (pivot tables, VLOOKUP/XLOOKUP, basic formulas, data reconciliation).
• Experience working on ERP systems (SAP Hana preferred) for accounting, inventory, and reporting.
• Ability to prepare MIS reports, budgets, and forecasts in coordination with HO Finance.
• Ability to coordinate effectively with plant teams and HO Finance.
• Good analytical and problem-solving skills with attention to detail.