Title: COST ACCOUNTING MANAGER
Company Name: Libra Group of Companies
Vacancy: 1
Age: 35 to 40 years
Job Location: Dhaka (Mirpur)
Salary: Negotiable
Experience:
- Qualified Professional Cost Accountant from ICMAB or from any foreign University. - M.Com. / Master of Business Administration (MBA) in Finance and Accounting.
- Master degree in accounting or finance from reputable University.
- Experience in working in Microsoft D365 F&O.
- 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.
- Excellent organizational, verbal and written communication skills.
- 5-8+ years 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.
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.
- 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.
As per Company’s Rule