Executive-Costing
JSW Steel · Sambalpur · onsite · Posted 27d ago
Undisclosed0–1 yrsfulltimeSourced from
About a minute. You'll make an account on the way through.
About this role
Position
Executive / Manager Costing
Department
Finance Accounts (FA)
Role Purpose
To manage cost accounting activities, product costing, cost analysis, budgeting support, and cost control initiatives. The role is responsible for monitoring production costs, analyzing variances, ensuring accurate cost allocation, and supporting management with actionable insights to improve operational and financial performance.
Key Responsibilities
Cost Accounting Costing Operations
- Perform product costing, process costing, and standard costing activities.
- Ensure accurate allocation of material, labor, overheads, and other manufacturing costs.
- Maintain cost records in compliance with accounting standards and company policies.
Cost Analysis Variance Management
- Analyze production costs and identify cost-saving opportunities.
- Conduct monthly variance analysis for material consumption, labor, overheads, and production efficiency.
- Monitor actual costs against budgets and standards, highlighting key deviations.
Inventory Manufacturing Cost Control
- Monitor inventory valuation and ensure accurate accounting of raw materials, WIP, and finished goods.
- Support periodic stock verification and reconciliation activities.
- Analyze inventory trends and identify opportunities for working capital optimization.
Budgeting MIS Reporting
- Support preparation of annual budgets, forecasts, and cost estimates.
- Prepare monthly costing reports, profitability analysis, and management MIS.
- Provide detailed cost insights to support strategic and operational decision-making.
Financial Closing Reconciliation
- Support month-end and year-end closure activities related to costing.
- Reconcile cost accounts, inventory accounts, and production-related financial records.
- Ensure accurate reporting of manufacturing and operational costs.
Process Improvement Compliance
- Strengthen costing processes, controls, and reporting mechanisms.
- Ensure compliance with internal financial controls, accounting standards, and statutory requirements.
- Participate in cost optimization and digitalization initiatives.
Stakeholder Management
- Coordinate with Production, Procurement, Stores, Commercial, and Finance teams.
- Support business leaders with cost-related analysis and recommendations.
- Assist internal and external auditors during costing and inventory audits.
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
Sourced from naukri
Skills
CostingforecastsvaluationauditsManufacturingoperationsProcurementBudgetingAccountingcompliancefinanceCost AccountingProduct CostingCost Analysis
About JSW Steel
JSW Steel
Iron & Steel
15.8k+
employees
1982
44 years old
Mumbai, Maharashtra
India
About
JSW Steel operates in the steel manufacturing sector, focusing on innovation and sustainability while producing high-value steel products for various industries.
Industries
Iron & SteelFinancial ServicesMetals & MiningEngineering & Construction
Employee ratings
7,893 reviews
3.9/ 5
Culture
3.6
Career growth
3.2
Work-life
3.6
Employees rate it well for
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