Engineer - Costing

freudenberg; Chennai District; On-site; INR 500,000 - 750,000; Full time

Job summary

Freudenberg is seeking a cost accounting professional to perform daily product costing and cost analysis across manufacturing plants in Chennai. You will monitor variances, trends, and opportunities while ensuring master data and BOM accuracy.

The role involves collaboration with Production, Sales, Procurement, and Finance to support monthly and annual costing, intercompany pricing, and global cost initiatives. SAP S/4HANA experience is a plus. Equal opportunity employer.

Qualifications

• Bachelor’s degree in Engineering, Finance, Accounting, Commerce, or a related discipline.
• Professional certifications in Cost Accounting or Finance are an advantage.
• Minimum 3 years of experience in cost accounting, product costing, or manufacturing finance.

Responsibilities

• Perform daily product costing and cost analysis for sales, service, offers, and production orders across assigned plants.
• Monitor and analyze cost variances, trends, and improvement opportunities.
• Prepare periodic and annual Standard Cost Calculations per policy and reporting requirements.
• Support month-end and year-end costing activities and intercompany transactions.

Skills

Cost accounting

Product costing

Manufacturing finance

Intercompany pricing

Education

Bachelor’s degree in Engineering, Finance, Accounting, Commerce, or related discipline

Tools

SAP S/4HANA

Job description

Working at Freudenberg: We will wow your world!

Responsibilities

• Perform daily product costing and cost analysis for sales, service, offers, and production orders across assigned manufacturing plants.
• Monitor and analyze product costs to identify cost variances, trends, and improvement opportunities.
• Collaborate closely with Production, Sales, Procurement, and Master Data teams to ensure accurate product costing and master data quality.
• Prepare periodic and annual Standard Cost Calculations in accordance with company policies and financial reporting requirements.
• Support month-end and year-end costing activities and ensure timely completion of cost-related tasks.
• Calculate and maintain intercompany pricing for products and services.
• Analyze, track, reconcile, and confirm intercompany transactions.
• Provide costing analysis and financial insights to Finance Managers and business stakeholders.
• Support the Global Cost Management Team by participating in global costing initiatives and continuous improvement projects.
• Ensure accuracy of Bills of Materials (BOMs), Routings, Work Centers, and other costing master data.
• Investigate and resolve costing discrepancies, material variances, and production cost issues.
• Prepare management reports, dashboards, and presentations related to product costing and manufacturing performance.
• Support implementation and optimization of costing processes within SAP S/4HANA.
• Ensure compliance with company policies, internal controls, accounting standards, and applicable laws.

Qualifications

• Bachelor's Degree in Engineering, Finance, Accounting, Commerce, or a related discipline.
• Professional certifications in Cost Accounting or Finance are an advantage.
• Minimum 3 years of experience in cost accounting, product costing, or manufacturing finance.
• Experience in a manufacturing or production environment is preferred.
• Exposure to multinational manufacturing operations is an added advantage.
• Technical or engineering background is considered a plus.

The Freudenberg Group is an equal opportunity employer that is committed to diversity and inclusion. Employment opportunities are available to all applicants and associates without regard to race, color, religion, creed, gender (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender identity or expression, national origin, ancestry, age, mental or physical disability, genetic information, marital status, familial status, sexual orientation, protected military or veteran status, or any other characteristic protected by applicable law.

EagleBurgmann KE Pvt. Ltd.