Executive – Costing & Budgeting

Job Description

Title: Executive – Costing & Budgeting

Company Name: Walton Hi-Tech Industries PLC.

Vacancy: 1

Age: 22 to 32 years

Job Location: Gazipur (Kaliakair)

Salary: Negotiable

Experience:

• 2 to 6 years
• The applicants should have experience in the following business area(s): Manufacturing (Light Engineering and Heavy Industry), Group of Companies, Inventory/Warehouse

• BBA/MBA in Accounting/Finance from any reputed University.

• CA(CC)/CMA 1000marks completed.

• 2 to 6 years
• The applicants should have experience in the following business area(s): Manufacturing (Light Engineering and Heavy Industry), Group of Companies, Inventory/Warehouse

• Age 22 to 32 years

• Strong MS Office (Excel/power BI for data analysis, PowerPoint for presentation) skills.

• Good hand on ERP and Oracle.

• Prepare and maintain product costing based on BOM, raw materials, labor, manufacturing overhead, and other relevant cost components.

• Analyze standard cost vs. actual cost and identify significant cost variances with corrective action recommendations.

• Prepare annual budgets, revised budgets, and periodic forecasts for cost centers, departments, and business units.

• Monitor budget utilization and expenditure against approved budgets and provide variance analysis to management.

• Conduct cost-volume-profit, profitability, and contribution margin analysis to support business decisions.

• Analyze COGS, manufacturing costs, production efficiency, and overhead absorption on a regular basis.

• Review and validate BOM, MRP, job costing, material consumption, and production-related costing data.

• Evaluate the financial impact of raw material price changes, VAT, duties, rebates, exchange-rate movements, and other cost factors.

• Prepare monthly management reports, costing statements, budget performance reports, and cost analysis.

• Coordinate with Production, Supply Chain, Sales, Engineering, Commercial, and Finance teams to ensure accurate costing and budgeting information.

• Identify cost reduction and cost optimization opportunities and support cost-efficiency initiatives.

• Review new product costing and price proposals and provide profitability analysis before commercial decisions.

• Ensure proper cost allocation across products, cost centers, and GL accounts in accordance with company policies.

• Support year-end closing, standard-cost updates, inventory valuation, and financial reporting.

• Provident fund,Performance bonus,Insurance,Profit share,Mobile bill
• Lunch Facilities: Partially Subsidize
• Salary Review: Yearly
• Festival Bonus: 2

Medical facilities, Employee discount and others as per company policy.