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Executive – Business Controlling (Product & Costing)
Actively Reviewing
Larsen & Toubro
Job Description
Unit Costing & Product Hierarchies
- Assist in preparation and maintenance of unit-level and product-wise cost sheets.
- Support creation and upkeep of product hierarchies for accurate cost, margin, and profitability reporting.
- Track standard vs actual costs and assist in cost variance analysis.
- Ensure alignment of product structures with ERP and MIS reporting frameworks.
- Support monitoring of product-wise profitability, margins, and lifecycle performance.
- Assist in identifying low-margin or loss-making products and preparing analytical inputs.
- Track pricing, cost movements, and contribution trends across the product portfolio.
- Prepare dashboards and reports for management reviews.
- Track R&D expenses, budgets, and actuals at project / product level.
- Assist in capitalization vs expensing analysis as per accounting policies.
- Monitor R&D cost overruns, timelines, and variances.
- Support financial validation of new product development costs.
- Assist in tracking and analysis of subcontracting / job work costs.
- Monitor rate variances, consumption, and yield related to subcontracted activities.
- Support reconciliation of subcontracting costs with production and inventory records.
- Provide inputs for cost optimization and vendor negotiations.
- Prepare periodic MIS, cost reports, and variance analysis.
- Support month-end and year-end closing activities from a business controlling perspective.
- Ensure accuracy and timeliness of data shared with the Business Finance Controller.
- Support tracking of insurance policies, premiums, and renewals related to assets, inventory, and operations.
- Assist in documentation and follow-up for insurance claims.
- Track insurance costs and provide inputs for budgeting and renewals.
Required Skills
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