Job Description- Senior Costing Executive/Sr. Associate Costing Role SummaryThe Senior Costing Executive responsibilities:End-to-end product costingVariance analysisProduct Profitability commentaryEnsuring accurate cost structures across production and new projectsKey Responsibilities1. Product & Standard CostingMaintain standard cost in SAP (BOM, routing, activity rates)Perform monthly cost roll-ups and validationsEnsure correctness of material, labour, and overhead costs2. Manufacturing Cost ControlAnalyse:Production variances (usage, rate, mix)Purchase price variance (PPV)Work with plant team to identify root causes & corrective actions3. Profitability & COPA AnalysisPrepare COPA / product-wise margin analysisAnalyse:Selling price vs cost vs mix impactSupport controlling in margin improvement initiatives4. RFQ & New Project CostingValidate RFQ cost estimatesPerform cost breakdown (material, process, cycle time)Ensure target margins are achieved5. Inventory & Financial ControlsInventory valuation (actual cost variants) & provisions (aged/obsolete stock)Ensure correct absorption costingSupport audits and internal controls6. Cross-functional CoordinationWork with:Operations: To get the erroneous production orders correctedProcurement: To validate the purchase price variancesEngineering: To get the erroneous BOM and routing correctedSales: To validate realizationSupport cost reduction and productivity initiatives validationQualifications & SkillsCMA (ICWA)/ CMA Inter 5+ years in automotive costing, relevant 3+ yrs in Cost Accounting Strong in:SAP (CO, MM, PP)Excel (advanced)BOM & routing understandingKnowledge of manufacturing processes (stamping, moulding, etc.)
Job Title
Sr. Associate-Costing