Senior Executive - Costing

Department Icon Accounting & Finance
Posted: 5 months ago
3-5 years
Chennai, Tamil Nadu
Accounting & Finance
work from office
Full Time

Posted: 5 months ago
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Job Description

  • Position: Senior Executive - Costing
  • Department: Finance - Costing & Pricing
  • Experience: 3 - 4 years
  • Location : Chennai

Position Overview (Sweet Karam Coffee India Pvt Ltd)

We are looking for a commercially astute Costing professional to analyze, control, and optimize product costs across our portfolio. The role works closely with cross-functional teams including NPD, Procurement, and Planning to drive COGS reduction and support strategic pricing decisions.

Key Responsibilities

  • Analyze product costs (raw materials, packaging, and conversion) and maintain standard cost sheets for each SKU.
  • Track and explain cost differences (standard vs actual) and suggest improvements.
  • Support pricing decisions with cost models and margin analysis.
  • Work with NPD team on costing for new products and launches.
  • Collaborate with procurement to find cost-saving opportunities and evaluate vendor pricing.
  • Partner with production and planning teams to reduce wastage and improve efficiency.
  • Assess make vs buy decisions and third-party manufacturing costs.
  • Prepare monthly reports on product profitability and cost trends.
  • Support budgeting and forecasting for product costs and margins.

Required Skills & Qualifications

  • A Inter / CMA Inter / MBA Finance or equivalent qualification in Cost Accounting preferred.
  • 3 - 4 years of relevant experience in product costing, preferably in FMCG, food, or consume goods manufacturing.
  • Strong understanding of cost accounting principles, BOM structures, standard costing, and variance analysis.
  • Strong interpersonal and communication skills to effectively liaise with NPD, Procurement, and Planning teams on COGS reduction initiatives.
  • Hands-on experience in product pricing, margin analysis, and commercial modeling.
  • Advanced MS Excel skills; working knowledge of ERP costing modules (Tally, Zoho, SAP, or similar).
  • Strong analytical and problem-solving mindset with attention to commercial impact.

Skills

AccountingAccounting PrinciplesBudgetingBudgeting And ForecastingCost AccountingCostingErpFinance

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