Costing Executive

Job Description – Costing Executive

Position Details

Particular

Details

Position

Costing Executive

Department

Costing / Commercial

Industry

Textile / Fabric

Location

Maruti Exim

Reporting To

CFO / Finance Head / Business Head

Experience

2–5 Years

Employment Type

Full-Time

Job Objective

We are looking for a Costing Executive responsible for preparing accurate product-wise, order-wise and container-wise costing, analyzing material, production, processing, packing, logistics and other applicable costs, monitoring actual vs. estimated costs, and supporting management in pricing, margin and profitability decisions..

Key Responsibilities

Product \& Order Costing

• Prepare product-wise and order-wise cost sheets.
• Calculate costing for greige, dyeing, processing, printing, finishing and packing.
• Calculate material consumption, wastage and process losses.
• Prepare per-meter, per-piece and total order costing.
• Ensure costing is completed before quotation/order confirmation.

Material \& Process Cost Analysis

• Collect and verify current material purchase rates.
• Maintain updated rates for greige, processing, dyes/chemicals, packing and other inputs.
• Analyze changes in material and processing costs.
• Monitor standard consumption vs. actual consumption.
• Identify major cost drivers and areas of cost leakage.

Actual vs. Estimated Cost

• Compare estimated/standard costing with actual production cost.
• Prepare variance analysis.
• Identify reasons for cost variations such as wastage, rejection, rate changes and excess consumption.
• Report significant cost deviations to management.

Pricing \& Profitability

• Support the Sales/Merchandising team in preparing quotations.
• Calculate expected gross margin/profitability for orders.
• Highlight low-margin or loss-making orders before approval.
• Provide costing data for price negotiation with customers.

MIS \& Reporting

• Prepare daily/weekly/monthly costing reports.
• Maintain product-wise and customer-wise costing records.
• Prepare cost variance and profitability reports.
• Maintain a proper costing database and historical cost records.

Coordination

• Coordinate with Sales, Purchase, Production, Merchandising, QC, Accounts and Management.
• Collect accurate consumption, production and purchase data.
• Ensure costing assumptions are aligned with actual production conditions.
• Support ERP costing and data-entry activities.

Candidate Requirements

Education

• B.Com / M.Com / BBA or equivalent.
• Textile-related qualification will be an added advantage.

Experience

• 2–5 years of relevant experience in costing, commercial, finance or textile manufacturing.
• Textile/fabric costing experience preferred.

Technical Skills

• Strong MS Excel skills, including
• VLOOKUP/XLOOKUP
• SUMIFS
• Pivot Tables
• IF formulas
• Basic costing models
• ERP knowledge preferred.
• Good understanding of cost sheets and MIS reporting.

Functional Knowledge

Candidate should understand

• Greige fabric costing
• Fabric processing/dyeing/printing costing
• Finishing cost
• Packing cost
• Wastage and rejection
• Material consumption
• Process loss
• Gross margin
• Standard vs. actual cost
• Cost variance analysis

Pay

₹20,000.00 - ₹25,000.00 per month

Work Location

In person