Lee Pharma - Costing Role (8-12 yrs)

8 years of experience in Plant Costing, Budgeting, Variance analysis, Inventory Consolidation Costing and MIS & Corporate Accounting and IND AS.

- Preparation of product cost statement for each product stage wise monthly.

- Valuation of inventory SFG, FG, WIP and provide provision for inventory to finance.

- Preparation of Annual budget for production and Opex, preparation of variance analysis and remarks.

- Plant wise Capacity planning / Product level Overhead upload workings / Absorption analysis.

- Consolidated budget and region wise profitability and throughput analysis and comparison with actuals.

- plant Overhead allocation - (Product/Region wise).

- Examine Standard Costs against actual to identify process inefficiencies, Improvements, Opportunities and low cost Profit Products.

- Monthly Solvent recovery savings report in comparison with standards.

- Preparation of reconciliation statements relating to financials Vs Costing Profit.

- coordination of Cost audit, Stock audits, Statutory & Internal audits.

- Preparation of Mis Reports relating to Product wise costing on ( Monthly, Quarterly & Annually) preparation of reconciliation statements relating to financials Vs Costing Profit

- Preparation of monthly MIS reports relating to Yield analysis, Capacity utilization, Product wise price

& usage variance, Production achievements against forecast, Product wise cycle time, Risk non- moving inventory action plan

- Responsible for the yearly materials budget for the plants

- Preparation of monthly Costing P&L.

- Inventory valuation & and explain to the auditors.

- Preparation of annual Budget each plant wise and consolidated.

- Preparation of Raw Material Consumption reconciliation statement ( All Materials)

- Preparation and Present Cost review meeting quarterly once to Management.

As per SAP Concerned:

- Cost Centre Wise & Activity wise price planning and bifurcating the fixed & variable costs on

- monthly basis

- Product wise & Plant Wise Standard Costing on month!v basis

- Drawing all materials consumption details

- Creation of Cost Centres & Creation of Cost Elements

- Settlement of Plant Maintenance Orders in on monthly basis

- Preparation and Maintenatice of Statical Key Figures

- Verification of Process Orders for quantities confirmed activity wise (Production & Power) and

- its completeness (TCCO)

Preparation of Monthly MIS Reports like: -

- Batch Yield & Batch Mix Analysis Statement

- Weights Analysis Report

- Power Consumption Analysis Report Melting Cost Analysis Report

- Fuels Consumption Analysis Report

- Contribution & Break Even Point analysis of the Company.

- Quarterly Standard Product Cost revision in SAP considering the changes in Overheads & Operational Parameters,

- Quarterly FG Valuation & Preparation of FG Ageing statement for Making provision for obsolete Stock.

- Quarterly preparation of data for Board Presentation & Audit Templates, SAP related activities like

- Standard Cost Release.

- Production Version Creation.

- Product Cost Collector Creation.

- Month End Cycle Distribution.

- Valuation of Finished goods, SFG quarterly and passing entries in books Increase/ decrease effect,

- Reconciliation of Stocks as per financials and Stores ledgers and Reconciliation of Monthly sales with Sales Sub ledger,

- Preparation of Quarterly P&L statement, EBIDTA analysis. Monitoring Month end costing system activities.

- Profitability Analysis - Product wise, Segment wise, Activity wise & Customer wise

- Quarterly Product Cost revision considering Cost reduction & Material cost increase Impact.

- Cost Center wise Cost Pooling and Expenses Analysis Budget Vs Actual