AGM-Accounts & Finance (Costing)

Job Description

Title: AGM-Accounts & Finance (Costing)

Company Name: Al - Muslim Group

Vacancy: 01

Age: 35 to 50 years

Job Location: Dhaka (Savar)

Salary: Negotiable

Experience:

• 8 to 10 years
• The applicants should have experience in the following business area(s): Garments, Washing Factory

• Master of Business Administration (MBA)

• 8 to 10 years
• The applicants should have experience in the following business area(s): Garments, Washing Factory

• Age 35 to 50 years
• Only Male

• Prepare factory performance reports based on each cost object, providing insights into cost efficiency and areas for improvement.
• Conduct thorough analysis of factory overhead costs, identifying excess cost points and recommending strategies for cost reduction.
• Assist in the preparation and presentation of comprehensive costing MIS reports to support management decision-making.
• Define and implement policies and procedures for all cost accounting activities, ensuring compliance with industry standards and company goals.
• Calculate raw material costs for manufacturing products using standard data and conduct variance analysis with actual data to identify discrepancies.
• Prepare variance reports on product costing and perform contribution margin (CM) analysis to assess profitability.
• Analyze the production process to identify opportunities for reducing excess material usage and calculate production process losses of raw materials, recommending strategies for improvement.
• Provide critical assessments of all budgets and cost projections, proactively analyze budget variances, and communicate issues and opportunities to management.
• Collaborate with the procurement team to negotiate with suppliers for the best possible terms, focusing on cost reduction while maintaining quality standards.
• Analyze the impact of supplier pricing changes on product costs and overall profitability.
• Lead cost control initiatives across the company, identifying opportunities to reduce costs without compromising on quality or efficiency.
• Provide cost data to support pricing decisions, ensuring that product pricing is competitive while maintaining profitability margins.
• Analyze market trends and competitor pricing to adjust costing strategies as needed.