Larsen & Toubro is a major Indian multinational in technology, engineering, construction, manufacturing and financial services, with global operations. The Company addresses critical needs in key sectors - hydrocarbon, infrastructure, power, process industries and defense. A strong, customer-focused approach, conformance to global HSE standards and the constant quest for top-class quality have enabled the Company to sustain leadership in its major lines of business for more than 80 years. Corporate Sustainability: L&T was the first company in India in the engineering & construction space to publicly disclose its sustainability performance. Our Integrated Report, which tracks the sustainability performance of the organisation and its inter-connectedness with the financial performance, showcases how L&T is adding value to its stakeholders. Our technological capabilities enable us to reach various nodes and build a network spanning products, processes, employees, environment and community. This enables a more holistic consideration of actions, outcomes and impact, which in turn accelerates and amplifies returns across all capitals - Financial, Natural, Human, Manufacturing, Intellectual and Social & Relationship.
VACANCY DETAILS :-
POST NAME - Executive Business Controlling (Product & Costing)
QUALIFICATION - CA Inter/CMA Inter/B.Com/M.Com/MBA
EXPERIENCE - 5 To 6 Years
LOCATION - Coimbatore
JOB DESCRIPTION :-
1. 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.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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.
LINK FOR ONLINE APPLICATION - CLICK HERE
LIKE . COMMENT . SHARE. SUBSCRIBE.
LINKEDIN ID - CLICK HERE
FB GROUP LINK - CLICK HERE
INSTAGRAM LINK - CLICK HERE
YOUTUBE LINK - CLICK HERE
