Business Controlling (Product & Costing)-Executive
About the role
LNT/BC-/1763438
DEIC-L&T Precision Engineering & Systems IC
Bengaluru
Posted On 18 Jul 2026
End Date 14 Jan 2027
Required Experience5 - 5 years
Skills
Knowledge & Posting Location
Unit Costing Product costing
Minimum Qualification
Chartered Accountant (CA)Cost and Management Accountant (CMA)
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.
Product Portfolio Monitoring
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.
R&D Controlling
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.
Subcontracting & Job Work Costing
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.
Reporting & MIS Support
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.
Insurance Coordination & Cost Tracking
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.
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