Job Title

RFQ Costing for all product linesReview total new product costing and current product costing through check of related internal workings based on management guidelines to obtain the best price for quotation to customerAnalyze calculation of financial parameters such as IRR, payback for new project to identify opportunities for RMC reduction, capex reduction and to provide competitive rate proposal to customerParticipate in Program Management project kick off meeting and propose methods for negotiation to reduce costs in capex, RMC etc.Review quarterly/half yearly amendment & cross verification of price obtained from customerReview of RFQ costing working by teamAnalyze costing figures for Customer ECN, Internal ECN & Obsolescence2 Variance Analysis & Budgetary controlCollet & Collate P&L on monthly basis. Compare the report with Budget to study the gap.Prepare & Submit report of variance analysis on monthly basis.Study product wise/process wise martial cost variance and highlighting difference of major impacting variances to concerned stakeholders.Study & compare customer wise sales data with budget & prepare the variance report to management for decision making.3 Maintaining, Controlling /CO SAP Module Create cost centers as per requirement & update machine Hour rate in SAP for created cost centerStudying & Correcting material master’s in systemCreate & analyze Simulation of Finished & Semi finished product for releasing of product costResolving error related to the cost center & suggesting cost center accounting in SAPPrepare & propose cost estimates of product & process in SAP4 Review & Update Activity rate Review & Update machine hour rate on quarterly / Yearly basis.Studying product cost after updation of rate & identify impact on process cost5 Process & Product cost analysis Prepare product wise contribution reportPrepare & Analyze product /process cost to control variancesHighlight performance based on product & process costSuggest improvement areas in consultation with ME department head6 Handling Cost AuditsPrepare data for internal /external audits i.e. consumption report, sales report, consumable, repairs & maintenance cost etc.7 MIS & Reports Planning, Studying, and collecting data to determine costs of business activityPreparing plant efficiency statement for all plantsSubmit Monthly management reportsPreparing product wise cost sheet along with profitability8 Capex controlling validating the IRR and NPV of the projects 9 Responsible for sales analysis at model level and margin analysis at product level QualificationsQualifications Required: CA or CMA (ICWA) (1st attempt preferred)Work ExperienceMinimum 15 years of experience in manufacturing (Preferably Automotive / Auto component Companies) with strong exposure in leading the company's costing function