Costing Specialist

7 days ago


Mumbai, Maharashtra, India Unichem Laboratories Limited Full time
Job Description

Unichem Laboratories Limited is seeking a highly skilled Costing Specialist to join its API Division. The ideal candidate will have strong analytical skills and excellent knowledge of cost systems.

Responsibilities
  1. Conduct quarterly reviews to calculate the overhead rate for inventory valuation in the API Plant.
  2. Analyze monthly data to prepare standard costs for the API division and release them accordingly.
  3. Prepare and settle process orders in SAP, as well as WIP and variance calculations.
  4. Analyze inventory-related provisions for the API Units.
  5. Develop product-wise sales, material consumption, and gross contribution variance analysis for both monthly and YTD periods.
  6. Evaluate product costing and batch-wise yield analysis to optimize production.
  7. Compile cost center-wise expense and activity analysis for the API Division.
  8. Prepare cost audit records and CAS-4 certificates as required.
  9. Estimate yearly budgeted raw material costs and monitor sales, material, and expenses budgets.
  10. Provide accurate data on material consumption and inventory for financial audits and tax audits.
Requirements
  • A strong background in cost systems and excellent analytical skills are essential.
  • The ability to proactively ensure compliance with internal and external audits is crucial.
  • Proficiency in MS Excel and Word is necessary.
  • Frequent travel to plants may be required.
  • The ability to prepare accurate and precise monthly or annual reports is vital.
Compensation

The estimated salary for this position is ₹25 lakhs per annum, depending on location and experience. A competitive benefits package will also be offered.



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