Head Costing

1. RFQ Costing for all product lines

• Review 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 customer
• Analyze 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 customer
• Participate 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 customer
• Review of RFQ costing working by team
• Analyze costing figures for Customer ECN, Internal ECN & Obsolescence

2 Variance Analysis & Budgetary control

• Collet & 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 center
• Studying & Correcting material masters in system
• Create & analyze Simulation of Finished & Semi finished product for releasing of product cost
• Resolving error related to the cost center & suggesting cost center accounting in SAP
• Prepare & propose cost estimates of product & process in SAP

4 Review & Update Activity rate

• Review & Update machine hour rate on quarterly / Yearly basis.
• Studying product cost after updation of rate & identify impact on process cost

5 Process & Product cost analysis

• Prepare product wise contribution report
• Prepare & Analyze product /process cost to control variances
• Highlight performance based on product & process cost
• Suggest improvement areas in consultation with ME department head

6 Handling Cost Audits

• Prepare 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 activity
• Preparing plant efficiency statement for all plants
• Submit Monthly management reports
• Preparing product wise cost sheet along with profitability

8 Capex controlling validating the IRR and NPV of the projects

9 Responsible for sales analysis at model level and margin analysis at product level

Qualifications

• Qualifications Required: CA or CMA (ICWA) (1st attempt preferred)

Work Experience

• Minimum 15 years of experience in manufacturing (Preferably Automotive / Auto component Companies) with strong exposure in leading the companys costing function