Manager Product Costing

6 days ago

Bengaluru, Karnataka, India Jindal Aluminium Full time ₹ 17,50,000 - ₹ 25,00,000 per year

Role & responsibilities

  • Prepare and maintain detailed product costing sheets for various metal products (extrusions, castings, sheets, rods, alloys, etc.).
  • Analyze raw material costs (aluminium, copper, steel, alloys), direct/indirect labor, power & fuel, overheads, and other variable/fixed expenses.
  • Conduct variance analysis between standard cost, actual cost, and budgeted cost; identify reasons for deviations.
  • Work closely with procurement, production, and finance teams to gather cost inputs and validate accuracy.
  • Monitor impact of commodity price fluctuations (metal prices, scrap value, etc.) on product costing.
  • Provide costing support for new product development (NPD) and prepare cost estimates for quotations & tenders.
  • Ensure compliance with costing standards, audit requirements, and internal controls.
  • Develop cost models and profitability analysis for decision-making by management.
  • Assist in preparation of monthly MIS, budgets, and forecasts related to costing.
  • Continuously identify opportunities for cost reduction and process improvements.

Preferred candidate profile

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