Furniture Costing
1 day ago
**Job Title: Furniture Costing Executive**
**Location**: [Insert Location]
**Reports To**: Costing Manager Production Head
**Type**: Full-Time
**Job Summary**:
**Key Responsibilities**:
- Analyze and calculate the cost of raw materials, labor, and other overheads for each furniture item.
- Prepare detailed **cost sheets and BOMs (Bills of Materials)** for new and existing furniture designs.
- Collaborate with the procurement team to get the latest prices for materials and components.
- Work with the design team to evaluate the feasibility of furniture projects from a costing perspective.
- Track and monitor production expenses, identifying areas for cost reduction.
- Assist in **price setting** and **margin analysis** based on market trends and internal benchmarks.
- Ensure all cost records and data are accurately maintained and updated regularly.
- Support the finance and production teams during audits and inventory checks.
- Conduct **variance analysis** between estimated and actual costs and provide reports.
- Suggest cost-effective alternatives for materials and production techniques.
**Requirements**:
- Bachelor’s degree in Commerce, Cost Accounting, Engineering, or related field.
- 2-5 years of experience in costing, preferably in the **furniture or manufacturing industry**.
- Strong analytical and numerical skills.
- Proficiency in **Microsoft Excel, ERP software** (Tally, Odoo), and costing tools.
- Knowledge of materials (wood, metal, upholstery, hardware, etc.) used in furniture production is a plus.
- Excellent attention to detail and organizational skills.
- Ability to work independently and in cross-functional teams.
**Preferred Qualifications**:
- Certification in cost accounting (CMA/ICWA) is an advantage.
- Experience working in a **modular furniture or customized furniture** setup.
- Understanding of supply chain and vendor pricing models.
**Job Type**: Permanent
Pay: ₹40,000.00 - ₹45,000.00 per month
**Benefits**:
- Health insurance
- Provident Fund
Schedule:
- Day shift
Supplemental Pay:
- Yearly bonus
Work Location: In person
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