Engineering Storeman

Costing & Engineering Stores Executive

Responsibilities; -

• · Prepare and maintain cost sheets for Engineering materials, components, consumables, and spare parts.
• · Collect and analyse data related to material usage, wastage, and price variations.
• · Support management in product cost estimation and standard cost updates.
• · Coordinate with Purchase and Finance teams to verify supplier invoices and cost accuracy.
• · Maintain records of cost changes, ensuring correct valuation of inventory.
• · Prepare monthly cost variance reports and assist in budgetary control.
• · Support internal and external audits related to cost data.
• · Ensure proper receipt, storage, and issuance of engineering spares, tools, and consumables.
• · Maintain accurate inventory records in SAP or store management systems.
• · Conduct regular physical stock verification and reconcile discrepancies.
• · Monitor minimum and maximum stock levels, initiate timely reordering.
• · Implement FIFO/LIFO and other material control systems effectively.
• · Coordinate with Maintenance and Production departments for material requirements.
• · Maintain housekeeping, safety, and 5S standards in the store area.
• · Ensure proper tagging, binning, and coding of all items.
• · Maintain updated records of GRNs (Goods Receipt Notes), MRNs (Material Requisition Notes), and issue slips.
• · Good knowledge of material management and cost accounting principles.
• · Attention to detail and accuracy.
• · Coordination and communication skills.
• · Accuracy of cost reports.
• · Stock variance percentage.
• · Inventory turnover ratio.
• · Compliance with audit and documentation standards.
• · Timeliness in reporting and replenishment.

Diploma or Bachelor's in Mechanical/related field.

1 -3 years of experience in engineering store management with costing and maintenance exposure

Job Type: Full-time

Pay: ₹30, ₹450,000.00 per month

Work Location: In person