Mukesh Kumar

Costing (Cost Accounting)

Bilanwāliān, SolanMember since January 27, 2026

Inventory Valuationinitiative

About

Result-driven and highly analytical Costing & Accounts with over 10+ years of core experience in the pharmaceutical manufacturing sector. Proven expertise in product costing, variance analysis, and inventory valuation for both Active Pharmaceutical Ingredients (APIs) and Formulations. Adept at identifying cost-saving opportunities, streamlining Bill of Materials (BOM) verification, and leveraging SAP CO module to maximize corporate profitability and operational efficiency.

Experience

Senior Executive- Costing - Theon Pharmaceutical Ltd - Saini Majra, Nalagarh, [H.P.]

(2022-05)

Lead a 3-member team in managing end-to-end product costing and margin analysis for 120+ active pharmaceutical API and Formulation segments.
Perform daily batch-wise costing, yield variance checks, and material usage audits to track actual vs. standard consumption patterns.
Collaborate closely with Production and R&D teams to cross-verify and lock the Bill of Materials (BOM) for new and existing drug formulations.
Spearheaded a yield optimization initiative that reduced batch material wastage by 3.0%, and Packing Material 2.5% leading to an annual cost saving.
Streamlined the month-end inventory valuation processes (RM, PM, and Old FG & SFG & WIP) All Product Block wise and Market wise.
Analyzed monthly raw material (RM) and packaging material (PM) price variances, reporting.
Prepared comprehensive cost sheets, overhead allocation schedules, and management information system (MIS) reports.

Accounts Assistant - M/S ALTIS LIFE SCIENCES - 380, Suraj Majra, NH-21, Baddi, Tehsil-Baddi, Solan, (H.P)

(2018-08 - 2022-02)