Costing Officer / Cost Accountant

Texmo; Coimbatore District; On-site; INR 600,000 - 900,000; Full time

Job summary

Texmo in Coimbatore district, Tamil Nadu, is seeking a costing analyst to develop accurate product costing for new and existing products. You will prepare cost estimates and quotations, and calculate machine hour rates and overhead allocations to guide pricing decisions.

The role involves cost analysis, variance analysis, and profitability assessments, with collaboration across production, procurement, engineering, and sales, plus coordination with overseas teams on quotations.

Qualifications

• Qualified CMA Intermediate or CMA Final (preferred).
• 2-3 years of experience in manufacturing costing, cost accounting, or pricing.
• Strong understanding of product costing, BOM analysis, inventory valuation, machine hour rate calculation, and overhead allocation.
• Proficient in MS Excel and ERP systems.
• Ability to interact with cross-functional and international teams.

Responsibilities

• Analyse manufacturing processes and develop accurate product costing for new and existing products.
• Prepare cost estimates, RFQ responses, and commercial quotations for customers.
• Calculate machine hour rates, labor absorption rates, and overhead allocations to support pricing decisions.
• Conduct cost analysis, variance analysis, and profitability assessments for products and processes.
• Monitor inventory valuation and ensure compliance with standard costing principles and accounting requirements.
• Collaborate with production, procurement, engineering, and sales teams to gather cost inputs and optimize product costs.
• Coordinate with overseas teams on quotations, costing assumptions, and commercial discussions.
• Support management with cost reports, budgeting inputs, and strategic decision-making.

Skills

Costing analysis

Pricing

MS Excel

ERP systems

BOM analysis

Overhead allocation

Machine hour rate calc

Cost accounting

Cross-functional collaboration

Education

CMA Intermediate / CMA Final

Tools

MS Excel

ERP systems

Job description

Role & responsibilities

• Analyse manufacturing processes and develop accurate product costing for new and existing products.
• Prepare cost estimates, RFQ responses, and commercial quotations for customers.
• Calculate machine hour rates, labor absorption rates, and overhead allocations to support pricing decisions.
• Conduct cost analysis, variance analysis, and profitability assessments for products and processes.
• Monitor inventory valuation and ensure compliance with standard costing principles and accounting requirements.
• Collaborate with production, procurement, engineering, and sales teams to gather cost inputs and optimize product costs.
• Coordinate with overseas teams on quotations, costing assumptions, and commercial discussions.
• Support management with cost reports, budgeting inputs, and strategic decision-making.

Minimum Requirements

• Qualification: CMA Intermediate / CMA Final (preferred)
• Experience: 2-3 years in manufacturing costing, cost accounting, or pricing functions
• Strong understanding of product costing, BOM analysis, inventory valuation, machine hour rate calculation, and overhead allocation
• Good analytical skills with proficiency in MS Excel and ERP systems
• Ability to understand manufacturing processes and interact with cross-functional and international teams
• Mature, detail-oriented, and capable of handling independent assignments