Costing Executive

Epic Agro Products; Kolkata District; On-site; INR 600,000 - 900,000; Full time

Job summary

Epic Agro Products is seeking a Costing Executive to manage manufacturing costs across biscuits, bread, cake and beverages. The role emphasizes BOM validation, material yield tracking, variance analysis and profitability assessments to protect margins and client SLAs.

The candidate should possess CA Inter/ICWA (CMA) and hands-on experience with SAP or similar ERP/order management software to support costing, inventory valuation, and cost optimization initiatives across contract manufacturing

Qualifications

• Costing executive role focusing on BOM validation, cost tracking, and profitability analysis.
• Experience with costing variables, variances, and factory overheads is preferred.

Responsibilities

• Maintain and update standard product costing sheets for client-specific SKUs (biscuits, bread, cold drinks).
• Audit BOM against floor consumption to account for ingredients, labour, and overheads.
• Track yield percentages for production lines and investigate variances between standard and actual costs.
• Oversee month-end stock verification and inventory valuation of raw materials, WIP, and finished goods.
• Prepare MIS reports detailing product margins, capacity costs, and overhead absorption.

Education

CA inter/ICWA (CMA)

Tools

SAP

Job description

Job Purpose

The Costing Executive is responsible for tracking, analysing, and managing manufacturing costs across diverse product categories (Biscuits, Bread, Cake and Beverages). In a contract manufacturing setup, this role is critical for ensuring accurate Bill of Materials (BOM) validation, monitoring raw material yields, managing process wastage, Expense - ( Opex/Capex) Analysis and evaluating product-wise profitability to safeguard both company margins and client service-level agreements (SLAs).

Key Responsibilities & Duties

1. Product Costing & BOM Validation

• Maintain and update the standard product costing sheets for all client-specific SKUs (Biscuits, Bread, and Cold Drinks etc).
• Conduct regular audits of the Bill of Materials (BOM) against physical floor consumption to account for volatile ingredients (e.g., flour, sugar, oil, flavourings, CO2, Other raw materials), Labour, Overheads etc.
• Evaluate and structure costing variables unique to contract manufacturing, such as conversion charges, machine-hour rates, Labour (Contractual) and specialized packaging configurations.

2. Variance & Yield Analysis

• Track and report daily/weekly material yield percentages for mixing, baking (biscuits/bread), and bottling/canning lines (cold drinks).
• Investigate variances between Standard Cost vs. Actual Cost for direct materials, labour, and factory overheads.
• Monitor and reconcile production floor losses, including dough scrap, baking rejection, over-weights, syrup spillage, and packaging line breakages.
• Monitoring & Control of Scrap generation.

3. Inventory Valuation & Control

• Oversee month-end stock verification and inventory valuation of raw materials, work-in-progress (WIP), and finished goods.
• Monitor shelf-life tracking for perishable ingredients (e.g., yeast, emulsifiers, etc) to prevent obsolescence and write-off costs.
• Collaborate with store and procurement teams to reconcile physical stocks with ERP records.

4. Operational Support & Reporting

• Prepare monthly Management Information System (MIS) reports detailing product-wise margins, capacity utilization costs, and overhead absorption. (Profitability)
• Track conversion costs specifically related to individual client contracts to ensure billing accuracy.
• Identify operational bottlenecks and recommend cost-optimization opportunities on the shop floor.

Preferred candidate profile

*Qualification : CA inter/ICWA (CMA)

*Must have hands-on working experience in SAP or similar ERP/order management software.