Manager - Budgeting & Costing

Job Description

Title: Manager - Budgeting & Costing

Company Name: International Distribution Company Bangladesh PLC.

Vacancy: --

Age: Na

Job Location: Dhaka

Salary: --

Experience:

• 8 to 10 years
• The applicants should have experience in the following business area(s): Trading or Export/Import, Direct Selling/Marketing Service Company, Importer

• Bachelor of Business Administration (BBA) or (MBA) in Accounting or Finance

• CACC (at least Professional Level) candidates will get preference.

• 8 to 10 years
• The applicants should have experience in the following business area(s): Trading or Export/Import, Direct Selling/Marketing Service Company, Importer

• Experience in manufacturing or production-based industries preferred.

• Excellent analytical, problem-solving, and decision-making skills.

• Strong communication and leadership abilities.

• Attention to detail and the ability to work under pressure to meet deadlines.

• Proactive and solution-oriented, with a focus on continuous improvement.

• Collaborative mindset, capable of working with cross-functional teams.

• Lead the annual budgeting process, working closely with departments to gather, consolidate, and present financial data.

• Develop accurate financial forecasts, budget models, and long-term financial scenarios to support business planning.

• Analyze variances between actual and budgeted figures, recommending corrective actions as needed to stay on target.

• Implement cost control measures to monitor and reduce unnecessary expenses across departments.

• Conduct in-depth cost analysis to identify cost-saving opportunities and recommend process improvements.

• Oversee the timely and accurate preparation of financial claims

• Error free submission of debit Note

• Market claim settlement (Trade offer, CP etc.) by following the SOP

• Audit & Finalize TADA as per the policy

• Monitor claim trends and proactively implement risk management strategies to minimize future claims.

• Conduct financial analysis and variance analysis to assess operational costs, budget effectiveness, and areas of improvement.

• Prepare and present detailed reports on budget performance, cost analysis, and claim settlements to senior management.

• Ensure timely and accurate financial reporting, aligning with internal standards and external compliance requirements.