Company Profile

LnT Valves Recruitment 2021

L&T is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations. The Company addresses critical needs in key sectors – Hydrocarbon, Infrastructure, Power, Process Industries and Defense – for customers in over 30 countries around the world. We combine a proven track record and professional skills, woven together with a culture of trust & caring. Consistently rated among the best employers in the country, L&T offers unmatched leadership opportunities & growth. Our approach is built on empowering employees to take on challenging assignments and explore their potential.

L&T Valves is a leader in flow-control solutions. The company is a subsidiary of Larsen & Toubro, a technology and engineering conglomerate. L&T Valves leverages its fifty-year heritage of excellence to manufacture valves for key sectors of the economy such as oil & gas, power, petrochemicals, chemicals, water as well as defence and aerospace.

We are looking for young energetic personnel for L&T Valves based at Coimbatore.

Asst Manager / Manager – Costing (L&T Valves)

from 6 to 10 year(s) of Experience

Coimbatore

 ₹ 8,00,000 – 16,00,000 P.A.

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Job Description for LnT Valves Recruitment

Roles and Responsibilities

• Preparation of product cost statements and profitability statements
• To prepare MIS and analyse the product and unit wise profitability
• Preparation of monthly management reports on material consumption and analysing
• To analyse the BOM and consumption and determine the variances.
• To conduct analysis variances of Product Mix and overheads
• Analysing and reporting the differences in the estimated and actual costs incurred
• To ensure accurate Inventory valuation and submit periodical reports to Management
• Calculating Machine Hour rates and overhead rates and maintaining standard costs in SAP
• Effective partnering with business and other stakeholders for cost optimization, product pricing and decision making
• Preparing required reports and coordinating for completion of cost audit
• Ensuring adherence to various requirements for cost audit compliance

Desired Candidate Profile for LnT Valves Recruitment

• Cost Accountant with 6- 10 year of post qualification.
• Strong understanding of the manufacturing processes
• Understanding of absorption costing and standard costing
• Knowledge in SAP – FICO and Material Management module (must)
• Good Experience in Excel and Power point (preferred)