Team Lead - Costing

Title: Team Lead Costing – Finance & Accounts

Reporting to: Head - Finance

Position Location: Coimbatore, Tamil Nadu

Job Description:

Purpose of the Role:

1. Preparation of quotes, cost analysis and working for products/projects, preparation of MIS data & reports for management, and assist on cost audit.

Roles & Accountabilities:

• Analysing/controlling bought-out material cost vendor-wise / price to customers
• Costing vs Financial Reconciliation
• Calculation of Cost / Price of the manufacturing parts/products based on standard BOM /Routing
• Monitoring bill of material cost with actual work order cost
• New product quote / project development cost preparation.
• Cost Audit report preparation
• Cost data analysis and cost reduction analysis for products/projects.
• Loss analysis (Checking COGS and providing data to concerned for loss-making parts/products for their further development/improvements)
• Preparation of reports on - Item wise, Customer wise, Division wise Profit /Loss, MC utilisation, Stock details - Ware house & WIP, Summary of Expenses, Free of Cost, Rejection details
• Collection of data to revisit all hourly rates for machine resources and labour resources and overheads