Manager– Cost Management

Job Description

Title: Manager– Cost Management

Company Name: KSS KNIT COMPOSITE LTD.

Vacancy: 01

Job Location: Gazipur (Sreepur)

Employment Status: Full-time

Educational Requirements:
∎ Master of Arts (MA) in Accounting
∎ ICMA Course Completed from a reputed institute;

Experience Requirements:
∎ At least 6 year(s)

Job Context:
∎ The Mitali Group (www.mitaligroup.com) is a dynamic business leader in the Readymade Garments sector in Bangladesh. Since its inception in 2000, Mitali Group continues to expand vertically and is regarded as one of the leading and most diversified independent manufacturing conglomerates in the apparel industry of Bangladesh. Now over 8000 employees are working in different Strategic Business Units under the group.
∎ KSS Knit Composite Ltd. is a sister concern of this group. We are looking for an enthusiastic, dedicated and motivated person for the following position in this Factory. The purpose of the position is to help businesses by overseeing and analyzing cost expenditures and purchases within the Factory. The position review services and goods, record data, and make recommendations about cost-efficient and financially feasible cost options. The position will be under the direct supervision of the Project Head.

Job Responsibilities:
∎ Prepare budget; annual, half yearly, quarterly, monthly and follow up regularly.
∎ Present budget to top management time to time.
∎ Work in conjunction with all department heads to ensure maximum profitability.
∎ Provide critical assessment of all budgets and cost projections.
∎ Assess all incoming products, resources, and services to ensure the best price.
∎ Remain acutely aware of market trends that could impact resource costs.
∎ Analyse invoices to ensure correct products/services were received at the expected cost.
∎ Collaborate with department heads to strategize ways to minimize waste.
∎ Demonstrate a comprehensive understanding of the interdependency of cost drivers.
∎ Develop and maintain the cost accounting system, documents, and records of the organization.
∎ Analyze and recommend costs and cost savings.
∎ Prepare and complete internal cost audits.
∎ Comply with Generally Accepted Accounting Principles (GAAP) for financial statements.
∎ Analyze the data collected and log a detailed record of the results.
∎ Analyze any changes in goods or services provided in order to determine what effect it has on the cost.
∎ Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
∎ Make estimates of new and proposed product costs.
∎ Provide management with reports that specify and compare factors that affect prices and profitability of products or services.
∎ Assist in audits and general ledger preparation.
∎ Conduct physical inventories and monitor the cycle count program.

Additional Requirements:
∎ Age 30 to 45 years
∎ Only males are allowed to apply
∎ Sound understanding of accounting principles.
∎ Computer proficiency – particularly MS Office (advanced Excel), knowledge of accounts software is an asset;
∎ Solid cost systems background.
∎ Analytical thinker with strong conceptual and problem-solving skills.
∎ Meticulous attention to detail with superb organizational skills.
∎ Ability to work under pressure and meet tight deadlines.
∎ Ability to work independently and as part of a team.
∎ Excellent report-writing, communication skills.

Salary: Negotiable

Compensation & Other Benefits:
∎ A stimulating and rewarding job with wonderful co-worker organisation with development opportunities.
∎ The opportunity to apply your knowledge and experience in a business setup.
∎ A permanent contract with a competitive employment package.
∎ Two festival bonus
∎ Annual increment
∎ Mobile allowance

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 10 Aug 2022

Company Information:
∎ 24 Jul 2022
∎ KSS KNIT COMPOSITE LTD.
∎ Business : 100% export oriented Knit Composite Garments Industry.

Category: Accounting/Finance

: Apply online on the BD JOBS website or send the following documents in English language via email to [email protected] - Subject: “Application for Manager –Cost Management” Cover Letter - Résumé/CV - Copies of diplomas, employment certificates. Only short-listed candidates will be contacted.

Source: bdjobs.com

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