Costing Manager

2 weeks ago


Nagpur, India Plasto Full time

Job Description Key Responsibilities: - Establish and maintain standard costing systems within the plant. - Ensure accurate flow and recording of costing-related information. - Monitor inventory consumption and set standard benchmarks. - Prepare monthly inventory valuation and product-wise costing reports. - Analyze cost control and reduction opportunities, including alternate product analysis. - Conduct variance analysis between budgeted and actual costs. - Compare expected vs. actual cost of new products and report deviations. - Perform root cause (Why-Why) analysis of machinery breakdowns and preventive actions. - Review labor and overhead rates; suggest policy changes for improvement. - Coordinate with cost auditors for compliance and resolve related queries. - Conduct cost-benefit analyses of raw materials and supplies. - Identify value-added and non-value-added activities to improve profitability.


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