Dy. Manager/ Manager (Costing & Efficiency)

Job Description

Title: Dy. Manager/ Manager (Costing & Efficiency)

Company Name: Bay Emporium Ltd. (A sister concern of Bay Group)

Vacancy: --

Age: Na

Job Location: Dhaka

Salary: Negotiable

Experience: --

Published: 2026-08-22

Application Deadline: 2026-09-04

Education:

Requirements: --

Skills Required:

Additional Requirements:

Responsibilities & Context:

1. Product Costing (Cost Break-Down / CBD)

• Prepare a detailed Cost Break-Down (CBD) sheet for every product/style prior to quotation or order confirmation, clearly separating four core components: Material, Labour, Overhead, and Profit.

• Maintain a standardized CBD template/format across all sister concerns to ensure consistency, comparability, and auditability of costing data.

• Ensure every CBD is supported by documented assumptions (consumption, wastage %, SMV, overhead rate, margin %) so the costing can be defended and re-verified at any time.

2. Material Costing

• Analyze and validate raw material composition, consumption, and wastage percentage for each item/style to arrive at an accurate material cost.

• Maintain an updated material price database (fabrics, PU/PVC and other synthetics, trims, accessories, packaging) sourced from approved suppliers, tracking price movements over time.

• Cross-check supplier-quoted material prices against market benchmarks, historical purchase data, and alternative-supplier quotations before finalizing costing.

3. Labour Costing (Cost of Making)

• Calculate labour cost (CM) based on SMV (Standard Minute Value)/operation break-down, manpower and machine requirement, and applicable wage rates.

• Work closely with Industrial Engineering (IE) and Production teams to obtain accurate SMV, line balancing, and efficiency data for costing purposes.

4. Overhead Costing

• Compute factory overhead allocation (utilities, depreciation, administration, compliance, etc.) per unit/style based on the company's approved overhead absorption methodology.

• Review and update overhead rates periodically in line with actual factory operating costs and capacity utilization.

5. Profit Margin and Final Costing

• Apply the appropriate profit margin in line with business unit policy, balancing commercial viability with market competitiveness.

• Prepare the final CBD-based FOB/landed cost sheet and submit it for management approval before it is shared externally with buyers/brands or used internally for order decisions.

6. Productivity and Efficiency Analysis

• Maintain a clear, working understanding of productivity per hour / line efficiency (units or SMV produced per hour) across product categories, and ensure it is correctly reflected in the labour cost component of every CBD.

• Track productivity trends by product/process/line and quantify their cost impact, so costing stays current with actual factory performance rather than outdated assumptions.

7. Supplier Negotiation

• Use the CBD as the basis for supplier negotiations — challenging cost elements line-by-line (material cost, process/conversion cost, overhead, margin) rather than negotiating on the headline price alone.

• Build should-cost models for key materials and components to support fact-based negotiation and to identify realistic cost-reduction opportunities with suppliers.

• Represent the costing function in supplier/vendor negotiation meetings alongside Sourcing/Merchandising, providing cost-break-down justification for target pricing.

8. Reporting and Cross-Functional Coordination

• Prepare periodic costing reports, cost-variance analysis (quoted vs. actual), and cost-saving trackers for management review.

• Coordinate with Merchandising, Sourcing, Production, and Finance to ensure costing accuracy and alignment with order confirmation, margin targets, and P&L expectations.

• Support the sampling/product-development stage with preliminary indicative costing to guide early pricing and negotiation decisions.

9. Other Responsibilities

• Maintain strict confidentiality of costing data, margin structure, and pricing strategy.

• Stay current with market trends in raw material prices, labour rates, and industry costing best practices, and flag material cost risks proactively to management.

• Carry out any other costing-related responsibility assigned by management from time to time.

• Mobile bill
• Lunch Facilities: Partially Subsidize
• Salary Review: Yearly
• Festival Bonus: 2