Manager – Cost & Budget

Job Description

Title: Manager – Cost & Budget

Company Name: Quazi Enterprises Limited

Vacancy: 01

Age: At least 35 years

Job Location: Dhaka (Savar)

Salary: Negotiable

Experience:

• 5 to 8 years
• The applicants should have experience in the following business area(s): Manufacturing (FMCG), Group of Companies

Published: 2026-08-31

Application Deadline: 2026-09-15

Education:

• Bachelor’s/Master’s degree in Accounting, Finance, or Business;

• Part-qualified or Qualified CMA, CA, or ACCA strongly preferred.

Requirements:

• 5 to 8 years
• The applicants should have experience in the following business area(s): Manufacturing (FMCG), Group of Companies

Skills Required: Budgeting and Forecasting,Business Acumen,Cost Accounting,Cost and Inventory Management,Critical and analytical thinking,ERP Systems,Feasibility Analysis,Financial analysis and reporting,Strategic thinking and Planning skill,Strong Financial Modeling

Additional Requirements:

• Age At least 35 years

• 5–8 years of progressive experience in cost accounting, budgeting, and financial analysis, with at least 3 years in an FMCG or fast-paced manufacturing environment in Bangladesh.

• Demonstrated hands-on experience in product costing (standard and actual), BOM-based costing, and variance analysis.

• Proven experience conducting segment margin / channel and customer profitability analysis, not limited to overall product costing.

• Working knowledge of an ERP/accounting for costing and inventory modules.

• Strong command of Excel-based financial modeling; experience building or maintaining costing templates and dashboards.

• Familiarity with the Bangladeshi FMCG competitive and regulatory environment (VAT/SD implications on costing, trade practices) is an advantage.

Responsibilities & Context:

Key Deliverables

•      Accurate and timely product costing (pre- and post-costing), including standard costing setup, BOM maintenance, and material/labor/overhead variance analysis, to support pricing and profitability decisions.

•      Monthly inventory valuation and variance analysis to maintain financial accuracy and control.

•      Annual and periodic budgets across all functions, prepared and monitored in alignment with organizational goals.

•      Identification, analysis, and reporting of non-value-added costs in factory operations, with actionable cost-reduction recommendations.

•      Product-, channel-, and customer-level profitability analysis (segment margin), break-even insights, and financial reports to support strategic decision-making by management and the Board.

Job Responsibilities

•      Conduct regular pre-costing and post-costing analysis for all products, including BOM-based standard costing and variance analysis against actuals.

•      Perform monthly inventory valuation and reconcile with financial records.

•      Lead the preparation of annual budgets and periodic forecasts for all departments.

•      Monitor budget utilization and highlight variances with corrective recommendations.

•      Review factory operations to identify inefficiencies and eliminate non-value-added costs.

•      Conduct feasibility studies and financial analysis for new products and business initiatives.

•      Analyze product-, brand-, channel-, and customer-wise profitability (segment margin) and provide insights for margin improvement.

•      Identify and monitor break-even points for products and operations.

•      Evaluate the cost impact of trade spend, promotions, and schemes on net margin, in coordination with sales and marketing.

•      Verify factory-related payroll components (salary, overtime, bonus, etc.) and support disbursement processes.

•      Coordinate with cross-functional teams (production, supply chain, sales) to ensure cost efficiency and financial discipline.

•      Strengthen internal controls and ensure compliance with company policies and financial regulations.

•      Continuously improve costing systems, tools, and reporting processes for better decision support.

•      Prepare and present financial and analytical reports for the Board of Directors (BOD) as required.

•      Perform any other duties or responsibilities as assigned by Management from time to time.


Core Competencies

•      Financial Analysis & Cost Management

•      Budgeting & Forecasting

•      Business Acumen

•      Analytical Thinking

•      Attention to Detail

Functional Competencies

•      Cost Accounting & Inventory Management

•      Segment/Channel Profitability Analysis

•      Financial Modeling & Feasibility Analysis

•      ERP/System Proficiency

•      Reporting & Presentation Skills

•      Regulatory & Compliance Knowledge

Behavioral Competencies

•      Strategic Thinking

•      Problem Solving

•      Cross-functional Collaboration

•      Communication Skills

•      Integrity & Accountability

Job Other Benifits:

Employment Status: Full Time

Job Work Place: Work at office

Company Information:

Gender: Both Male and Female can apply

Read Before Apply: Please apply only who are fulfilling all the requirements of this job

Category: Accounting/Finance