The Allana group was established in 1865, is India’s largest exporter of branded processed food products & agro commodities to over 85 countries. Our group is acknowledged as the global leader in the manufacture and export of various consumer products including Frozen & Chilled Meat, Aseptic & Frozen Fruit, Vegetable products, Coffee & Spices.
The Allana Group currently enjoys the status of “Premier Trading House”, one of the rare recognition conferred by the Ministry of Commerce, Government of India under the Promotional Measures of the Foreign Trade Policy. The group is also one of the three largest exporters of coffee from India from its curing/ processing facilities in the coffee cultivation region of South India, as well as a dominant exporter of spices, pulses and cereals from its state-of-the-art facilities.
1. Cost Management
a. Cost Structure and Design
- Design cost structures that are comprehensive in capturing the total cost component of the product
- Apply standard costing procedures to product / process cost derivations and identify products/processes to be discontinued
- Review Cost structure from time to time and change where needed
- Prepare Costing Manual and define SOP for Costing department
b. Costing Analysis and Processes
- Oversee product/project costing, fixed assets costing, inventory costing, variance analysis, raw material costing, cost benefit analysis, transfer pricing & reconciliation of cost data for decision making purposes for the various businesses, in consultation with the CFO using various statistical tools and costing techniques.
- Develop the costing systems using unit costs activity based costing principles and ensuring that report extraction from the financial systems is seamless and effective
- Undertake activity based costing evaluation of materials to identify areas for improvement, and utilize the same for making recommendations
- Project the operating costs for production and the project execution by building various scenarios with variables like labour, material cost, time, etc.
- Conduct Export Benefit Analysis by working out provisions, execute duty free input reconciliation with focus on product schemes
- Conduct costing runs and identify costs for each SKU / Material FG and SFG and maintain master files for all materials / SKUs
- Provide necessary information and reports for getting PRE & other Certifications
2. Tracking and Monitoring
• Track costs and material from Raw Material Inwarding, Conversion, to Finished Goods and Dispatch with inputs from Plant Finance
• Conduct annual cost audits with established parameters and take efforts to correct deviations
• Interact with internal and external auditors in completing audits
• Monitor the variances of actual costs incurred against the budgeted costs, probable reasons, and highlight areas for improvements in operations, or inherent structural bottleneck
• Ensure timely coordination and analysis of financial information including monthly financial results, preparation of recurring management reports
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