Manager - Accounts & Finance (Cost Accounting)

Job Description

Title: Manager - Accounts & Finance (Cost Accounting)

Company Name: Tanvir Bashundhara Group

Vacancy: --

Age: 35 to 45 years

Job Location: Dhaka

Salary: Negotiable

Experience:

• 8 to 15 years
• The applicants should have experience in the following business area(s): Manufacturing (FMCG), Group of Companies, Chemical Industries, Amusement Park, Shopping mall, Party/ Community Center, Sports Complex

• Bachelor of Business Administration (BBA) in Accounting, Cost & Management Accounting, Finance, Cost Accounting
• Master of Business Administration (MBA) in Accounting, Cost & Management Accounting, Cost Accounting, Finance

• CA (CC)/ICMAB part-1 complete

• 8 to 15 years
• The applicants should have experience in the following business area(s): Manufacturing (FMCG), Group of Companies, Chemical Industries, Amusement Park, Shopping mall, Party/ Community Center, Sports Complex

• Age 35 to 45 years
• Only Male

• Technical Competencies: Advanced proficiency in Microsoft Excel (Financial Modeling, Advanced Formulas, Pivot Tables, and Reporting Dashboards) is mandatory.

• Software Expertise: Strong hands-on experience operating major accounting platforms or enterprise software (SAP, Tally Prime, Tally ERP 9, or Oracle).

• Regulatory Knowledge: Solid understanding of local statutory requirements, including basic corporate income tax deductions and the Bangladesh VAT Act (Mushak tracking) related to material purchase and production.

• Soft Skills: Strong analytical, leadership, and cross-functional communication skills; ability to manage down to factory accounts teams and manage up to senior corporate management.

• Hands-on experience in AI tools for cost accounting.

• Cost Control & Strategy: Plan, organize, and direct all activities of the cost accounting function, including material costing, factory overhead distribution, and product line margin evaluation.

• Standard Costing & Variance Analysis: Develop, maintain, and roll over standard cost models. Perform deep-dive variance analysis (material price/usage variance, labor, and overhead variances) and provide monthly reports to management with action plans.

• Inventory & Valuations: Oversee physical inventory verification, reconciliation of raw materials, work-in-progress (WIP), and finished goods (FG) across factories/warehouses. Formulate and review provisions for slow-moving, obsolete, and damaged stock.

• Landed Cost Calculation: Analyze commercial documentation, Letter of Credit (L/C) accounts, customs duties, freight, and shipping costs to calculate accurate landed costs for imported raw materials and capital machinery.

• Budgeting & Forecasting: Partner with senior leadership to formulate annual operational budgets, track monthly expenditure against provisions, and manage cost-center performances.

• Process & System Control: Drive the development and implementation of cost-accounting modules within the corporate ERP system (SAP / Oracle / Tally Prime) to ensure real-time inventory tracking and data integrity.

• Audit Support: Coordinate and prepare audit schedules for external, internal, and cost-compliance audits.

• Bill of Materials (BOM) & Routing Audit: Audit, verify, and maintain the accuracy of the Bill of Materials (BOM) and manufacturing routings within the ERP system. Partner with the Production and Engineering teams to ensure any design or recipe changes are accurately updated in product cost sheets.

• Wastage & Yield Analysis: Monitor, track, and analyze process waste, scrap rates, and production yields against standard tolerances. Identify leakage areas on the factory floor and calculate the direct financial impact of material variances.

• Activity-Based Costing (ABC): Implement and manage Activity-Based Costing models where necessary, assigning accurate overhead rates to specific processes, production lines, or individual stock-keeping units (SKUs).

• Capacity Utilization & Under-Absorption: Calculate and analyze factory capacity utilization rates. Monitor and report on under-absorption or over-absorption of factory overheads due to production downtime or volume fluctuations, and adjust financial forecasts accordingly.

• Product Line & SKU Profitability: Perform regular profitability analyses on a per-SKU, per-brand, and per-client basis. Highlight low-margin or loss-making products to management to assist in strategic pricing and rationalization decisions.

• Make-or-Buy Decision Support: Provide quantitative cost models and financial evaluations to support "Make-vs-Buy" decisions for components, sub-assemblies, or outsourced production processes.

• Transfer Pricing Coordination: Ensure compliance and accurate documentation for internal transfer pricing of raw materials or semi-finished goods moving between different sister concerns, business units, or profit centers within the group.

• Cost-Volume-Profit (CVP) Modeling: Conduct regular CVP analyses to determine break-even points for new manufacturing plants, production lines, or specific seasonal shifts, providing clear risk-reward metrics to senior leadership.

• T/A,Gratuity,Profit share,Performance bonus,Mobile bill
• Salary Review: Yearly
• Lunch Facilities: Partially Subsidize
• Festival Bonus: 2

• as per company policy