Costing Engineer

Key Responsibilities

• Prepare product costing and cost sheets for all wire & cable products.
• Calculate raw material cost (Copper, Aluminium, PVC, XLPE, FRLS, Armour, Packaging, etc.).
• Prepare and maintain Bill of Materials (BOM).
• Analyze manufacturing costs including material, labour, and overheads.
• Monitor daily fluctuations in Copper and Aluminium prices and update costing accordingly.
• Coordinate with Production, Purchase, Sales, and Stores departments for cost-related information.
• Prepare quotations and pricing support for the Sales team.
• Conduct variance analysis between standard cost and actual production cost.
• Maintain product-wise profitability reports.
• Verify inventory valuation and cost records.
• Assist in monthly MIS, budgeting, and cost control activities.
• Ensure costing data is updated in ERP/Excel.

Required Skills

• Strong knowledge of manufacturing costing and inventory accounting.
• Excellent MS Excel skills (VLOOKUP/XLOOKUP, Pivot Tables, Formulas).
• Experience with ERP systems (SAP, Tally Prime, Busy, Oracle, etc.).
• Good analytical and numerical abilities.
• Knowledge of BOM preparation and product costing.