Educational Qualification

• Diploma in Mechanical Engineering / Automobile Engineering.

Job Purpose

To support manufacturing cost management activities through cost estimation, cost analysis, process costing, and implementation of cost reduction initiatives. The role will contribute to improving cost efficiency and profitability by monitoring material and labor costs and identifying cost-saving opportunities.

Key Responsibilities

1. Prepare and analyze product and process cost estimates.
2. Perform monthly costing activities, including material and labor cost analysis.
3. Monitor manufacturing costs and highlight cost variances.
4. Validate material consumption, BOMs, and pricing data.
5. Identify and implement cost reduction opportunities through VA/VE activities.
6. Support standard costing, forecasting, and budgeting activities.
7. Prepare monthly cost reports and management presentations.
8. Coordinate with Production, Purchase, Quality, and Engineering teams for cost optimization projects.
9. Drive continuous improvement initiatives to enhance cost efficiency.
10. Maintain accurate costing records and documentation.

Required Competencies

• Product Costing and Process Costing
• Manufacturing Cost Analysis
• Cost Variance Analysis
• Standard Costing
• Cost Reduction Techniques (VA/VE)
• Data Analysis and Reporting
• MS Excel and Cost Tracking Tools
• Problem Solving and Analytical Thinking
• Cross-Functional Coordination