DGM/ GM – Cost & Budget

Job Description

Title: DGM/ GM – Cost & Budget

Company Name: Akij Venture Group

Vacancy: --

Age: At least 34 years

Job Location: Dhaka

Salary: Negotiable

Experience:

• At least 12 years
• The applicants should have experience in the following business area(s): Manufacturing (FMCG), Group of Companies

• M. Com

• Fellow Cost & Management Accountant (FCMA)

• At least 12 years
• The applicants should have experience in the following business area(s): Manufacturing (FMCG), Group of Companies

• Age At least 34 years

• Strong knowledge of cost accounting, budgeting, and financial controls

• High analytical and strategic thinking capability

• Leadership and stakeholder management skills

• Advanced Excel, ERP, and financial modeling expertise

• Strong communication and presentation skills

To lead, control, and optimize the organization’s cost structure and budgeting process, ensuring financial discipline, efficient resource utilization, and alignment with strategic business objectives.

Responsibilities:

1. Budget Planning & Development

• Lead the preparation of annual, mid term, and rolling budgets

• Coordinate with business units to consolidate functional budgets

• Ensure budgets align with strategic plans and revenue forecasts

• Develop capital expenditure (CAPEX) and operating expenditure (OPEX) budgets

• Prepare budget assumptions, guidelines, and timelines

2. Cost Management & Control

• Establish and enforce cost control policies and procedures

• Monitor actual costs versus budget and analyze variances

• Identify cost overruns and recommend corrective actions

• Drive cost optimization and efficiency improvement initiatives

• Review cost structures to ensure competitiveness and profitability

3. Financial Analysis & Reporting

• Provide regular budget performance and cost variance reports

• Conduct trend analysis, scenario analysis, and sensitivity analysis

• Present financial insights to senior management and executives

• Support decision making through profitability and break even analysis

• Ensure accuracy and transparency in financial data

4. Strategic Support & Advisory

• Act as a financial advisor to business heads on cost and budget matters

• Support pricing strategies, investment decisions, and cost benefit evaluations

• Assess financial feasibility of new projects and initiatives

• Contribute to long term financial planning and sustainability goals

5. Governance, Compliance & Risk Management

• Ensure compliance with internal policies, accounting standards, and regulations

• Strengthen internal controls related to budgeting and cost approval

• Identify financial risks related to cost escalation or budget gaps

• Support internal and external audits with required financial documentation

6. Process Improvement & Systems

• Improve budgeting and cost management processes through automation

• Implement and enhance ERP / budgeting tools and reporting dashboards

• Standardize cost reporting formats and performance metrics

• Promote best practices in financial planning and cost governance

7. Stakeholder & Cross Functional Coordination

• Work closely with Operations, Procurement, HR, Project, and Sales teams

• Resolve budget conflicts and support cross departmental alignment

• Coordinate with Finance, Accounting, and Treasury teams

• Build strong partnerships to promote cost consciousness across the organization

8. Leadership & Team Management

• Lead, mentor, and develop the cost & budget team

• Set team KPIs and ensure timely achievement of objectives

• Build a high performance, analytical, and compliance driven culture

• Ensure succession planning and capability building within the function

• Provident fund,Mobile bill,Weekly 2 holidays,Gratuity
• Salary Review: Yearly
• Lunch Facilities: Partially Subsidize
• Festival Bonus: 2

• Medical Insurance

• Other Benefits as per company policy