Deputy Manager - Cost & Budget

Job Description

Title: Deputy Manager - Cost & Budget

Company Name: Fervent Multiboard Industries Ltd.

Vacancy: --

Age: Na

Job Location: Jamalpur

Salary: Negotiable

Experience:

• At least 7 years
• The applicants should have experience in the following business area(s): Manufacturing (FMCG), Manufacturing (Light Engineering and Heavy Industry)

• Master of Business Administration (MBA) in Accounting

• At least 7 years
• The applicants should have experience in the following business area(s): Manufacturing (FMCG), Manufacturing (Light Engineering and Heavy Industry)

• Minimum 7+ years’ experience in Budgeting & Costing·       

• Strong hands-on experience in:  

  1. BOM confirmationo

  2. Inventory reconciliationo  

  3. Cost analysis (preferred)

As part of the Cost & Budget team, you will be responsible for ensuring accuracy, efficiency, and control across all costing and budgeting activities.

• Confirm and validate Product BOM (Bill of Materials) with Product Development and Production teams to ensure accurate costing data

• Update actual material consumption in BOM, including man-hour, machine-hour, utilities, and overhead allocations

• Investigate material variances, rejections, and wastages, providing actionable reports for corrective measures

• Perform inventory reconciliation, including sample-based physical checks, ensuring accurate ERP warehouse records

• Identify and report on overstock, slow-moving items, overproduction risks, and expired/near-expiry goods

• Conduct utility cost analysis (power, water, steam, HVAC) and identify cost optimization opportunities

• Support Capex budgeting and monitoring for factory expansions and major equipment purchases

• Develop and implement cost-control processes to improve operational efficiency

• Prepare and present MIS Reports on time to support management decisions

• Mobile bill coverage

• Earned leave

• Lunch facilities (partially subsidized)

• Annual salary review

• Festival bonus (2 per year)