Optimus was established in 2004 by a team of scientists who had a passion towards chemistry and to ensure a better healthcare to everyone. In our journey of more than a decade we have developed many niche molecules and have emerged as one of the reputed manufacturing company in the industry. Our determination has driven us from a development lab to a commercial scale Intermediates/ APIs /Finished dosages manufacturing company. Our strength lies in our strong process chemistry, process engineering and focus on R&D which enabled us to meet the global pharma requirements. We believe our human resource is our best competency who are dedicated and determined for the betterment of the organization. As a rapidly growing company, we ensure, respect and strictly implement “SHE” policy.
- Develop and maintain accurate product costs.
- Preparation of monthly product profitability report by calculating cost of production, cost of sales and arriving product wise margins.
- Coordinate proper cost absorption in inventory valuation.
- Communicate variances and cost explanations to functional head.
- Ensure rates are appropriate and are kept updated with changes in the business.
- Accumulated and applied overhead costs as required by generally accepted cost accounting principles (GACAP).
- Prepared monthly and quarterly budget reports.
- Monitor departmental expenditures to ensure proper allocation of budgeted funds on a monthly basis.
- Reviewing budget vs. actual expenditure with all functional heads.
- Reported on break even points margins and periodic variances by products.
- Analyzing standard vs. actual product costs and find out reasons for variance, if any.
- Preparation of monthly high performing and low performing product reports.
- Preparation of monthly MIS reports like inventory valuation, cost center wise expenditure, sales and stock movement, capacity utilization, inventory aging analysis, yield variance report, comparative sales analysis report, Non moving stocks, utilities consumption report, etc.
- Reconciliation of monthly inventories.
- Preparation of monthly stock statements for submitting to banks for withdrawing working capital.
- Preparation of Cost Accounting Standard-4 certificates.
- Conducting physically stock verification at plants and submitting the verification report to Management.
- Reviewing and analyzing cost center expenditure, GL accounts and income and expenditure reports
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