Cost Accountant

Job Description

Title: Cost Accountant

Company Name: AHSAN Group LTD-

Vacancy: 3

Age: 25 to 35 years

Job Location: Anywhere in Bangladesh

Salary: Negotiable

Experience:

• 2 to 5 years

• Bachelor of Business Administration (BBA)
• Master of Business Administration (MBA)

• 2 to 5 years

• Age 25 to 35 years
• Only Male

• Applicants should have experience in Production Costing and Manufacturing Costing in the RMG sector.

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.

Key Responsibilities:

Cost Analysis:

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

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

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

Cost Reporting:

• 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.