Costing Executive-Garment-Surat-3.6 LPA

Profile:Costing Executive

Experience:

• 2-5 years of relevant experience in costing commercial finance or textile manufacturing preferably with textile/fabric costing experience along with strong Excel and costing knowledge.

Job role:

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.

Roles:

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.

Qualification:

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

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

Required Skills:

TextilesFabric costingDyeingPrintingmaterial consumptionStandard Costsactual costCost Variance AnalysisProfitability AnalysisMIS ReportingVlookupPivot TablesERP SoftwareCostingsData Maintenancecosting modelsCost analysisFinishing costPacking cost