Costing Auditor

Department: Finance / Costing / Audit
Location: Ludhiana, Punjab
Experience Required: 8–10 years in costing or internal audit within apparel/textile industry
Qualification: Graduation

Job Description-

Key Responsibilities:

1. Cost Verification & Audit:

• Audit and verify all elements of style-wise costing including fabric, trims, accessories, labor, overheads, and logistics.
• Check the accuracy of pre-costing and post-costing calculations submitted by the merchandising or sourcing teams.
• Validate vendor cost sheets and compare with internal benchmarks and past cost data.

2. Bill of Materials (BOM) Validation:

• Cross-check BOM with actual consumption data from production and sampling.
• Identify any material wastage or over-costing issues.

3. Production Cost Review:

• Analyze actual production data (cutting, stitching, finishing) vs planned cost.
• Highlight inefficiencies or process deviations impacting cost.

4. Vendor & Purchase Order Audits:

• Audit purchase orders, vendor quotes, and invoice comparisons.
• Flag discrepancies in negotiated vs actual procurement costs.

5. Inventory & Wastage Review:

• Monitor raw material usage vs consumption reports.
• Audit dead stock, rejections, and quality returns affecting cost.

6. Documentation & Reporting:

• Maintain audit trails for all costing components.
• Prepare detailed cost audit reports with observations and recommendations.

Preferred Industry Exposure:

• Knitwear / Woven / Denim / Export houses / Retail apparel brands

Job Type: Full-time

Pay: Up to ₹50,000.00 per month

Application Question(s):

• Do you have experience in garment costing or cost auditing?
• Have you worked on style-wise costing including fabric, trims, and labor components?
• Have you audited Bill of Materials (BOM) against actual consumption?
• Are you familiar with pre-costing and post-costing analysis?
• Do you have working knowledge of garment production processes (cutting, stitching, finishing)?
• Are you comfortable auditing vendor POs, invoices, and price sheets?

Work Location: In person