Cost Accountant

Job Description

Title: Cost Accountant

Company Name: A Well Renowned Plant

Vacancy: --

Age: At least 33 years

Job Location: Dhaka (Dhamrai)

Salary: Negotiable

Experience:

• At least 6 years

• Bachelor of Business Administration (BBA) in Accounting
• Master of Business Administration (MBA) in Accounting
• Master of Business Studies (MBS) in Accounting
• Master of Business Studies (MBS) in Finance
• Master of Business Administration (MBA) in Finance
• Bachelor of Business Administration (BBA) in Finance

• Bachelor of Business Administration (BBA), Master of Business Administration (MBA)Major in Accounting / Finance.
• Candidates with qualified CC /CMA (800-1000) marks completed will be given preference

• At least 6 years

• Age At least 33 years
• Only Male

• Applicants should have experience in Production Costing and Manufacturing Costing in the Manufacturing Factory/Aluminum Packaging Foils Factory.
• Candidate should have work in the Factory.       
• Only males are allowed to apply.
• Ability to work under pressure and meet tight deadlines.·        
• Strong typing skills in both Bangla and English are required.·        
• Good proficiency in English communication, both spoken and written, is essential.
• Ability to work independently and as part of a team.
• Excellent report-writing, communication, and IT skills.
• High level of integrity and professional ethics
• Knowledge or experience in using sound judgment within broadly defined practices and policies.
• Ability to perform comfortably in a fast-paced, deadline-oriented work environment.
• cost accounting experience required, CPA or CMA preferred
• Excellent analytical skills; strong focus on accuracy and attention to detail.
• Manage direct staff including scheduling, planning, assigning, and directing work; identifying and resolving problems.
• Oversee the physical inventory program including monitoring and reporting the results of cycle and full counts.
• Ability to apply knowledge of Generally Accepted Accounting Principles & Cost Accounting Standards.
• Track record of working in cross functional organizations and leading a team.1 to 3 years supervisory experience is required.

Job Summary: The Cost Accountant is responsible for analyzing, tracking, and managing the costs associated with the production and distribution of goods and services within the organization. This role plays a crucial part in ensuring accurate financial reporting and providing valuable insights to support strategic decision-making.

Candidate should have work in the Factory.   

Cost Analysis:

• Ability to prepared monthly MIS which need to present the management

•  Analyze production cost, material cost, operational cost and overhead expenses.

• Develop strategies to reduce costs and study product pricing to ensure the best possible return on investment for the company.

• Monitor and report on variances between actual costs and standard costs.

• Conduct regular cost reviews to identify cost-saving opportunities.

Cost Reporting:

• Examine costs of production to determine the most efficient methods of production.

• Prepare detailed cost reports for management review.

• Provide cost information for budgeting and forecasting purposes.

• Collaborate with other departments to gather relevant cost data.

• Ensure buyer wise profitability analysis.

• Conduct order/style wise post costing variance analysis.

Inventory Management:

• Track and reconcile inventory costs.·        

• Assist in developing and implementing inventory management procedures.·        

• Conduct periodic inventory audits to ensure accuracy.

Financial Analysis:

• Assist in the preparation of financial statements.

• Analyze financial data to identify trends and patterns.

Process Improvement:

• Identify and implement process improvements to enhance cost efficiency.

• Collaborate with cross-functional teams to streamline cost-related processes.

• Stay updated on industry best practices and recommend relevant changes.

• Productivity analysis.

Compliance:

• Ensure compliance with relevant accounting standards and regulations.

• Assist in preparing documentation for audits.

• Work closely with the finance team to address any compliance issues.

• Mobile bill, Insurance,

• Salary Review: Yearly

• Festival Bonus: 2