Job Description
Title: Manager, Costing- Finance & Accounts
Company Name: Apex Footwear Limited
Vacancy: 1
Age: 32 to 42 years
Location: Dhaka
Minimum Salary: Negotiable
Experience:
∎ 8 to 14 years
∎ The applicants should have experience in the following business area(s):Manufacturing (FMCG), Textile, Tannery/Footwear
Published: 22 Aug 2024
Education:
∎ Bachelor of Commerce (BCom), Bachelor of Business Administration (BBA) in Finance
∎ Partly qualified from CA / ICMAB is preferred.
∎ Partly qualified from CA / ICMAB is preferred.
Requirements:
Additional Requirements:
∎ Age 32 to 42 years
∎
Responsibilities & Context:
∎ Prepare factory performance reports based on each cost object, providing insights into cost efficiency and areas for improvement.
∎ Conduct thorough analysis of factory overhead costs, identifying excess cost points and recommending strategies for cost reduction.
∎ Assist in the preparation and presentation of comprehensive costing MIS reports to support management decision-making.
∎ Define and implement policies and procedures for all cost accounting activities, ensuring compliance with industry standards and company goals.
∎ Calculate raw material costs for manufacturing products using standard data and conduct variance analysis with actual data to identify discrepancies.
∎ Prepare variance reports on product costing and perform contribution margin (CM) analysis to assess profitability.
∎ Analyze the production process to identify opportunities for reducing excess material usage and calculate production process losses of raw materials, recommending strategies for improvement.
∎ Provide critical assessments of all budgets and cost projections, proactively analyze budget variances, and communicate issues and opportunities to management.
∎ Collaborate with the procurement team to negotiate with suppliers for the best possible terms, focusing on cost reduction while maintaining quality standards.
∎ Analyze the impact of supplier pricing changes on product costs and overall profitability.
∎ Lead cost control initiatives across the company, identifying opportunities to reduce costs without compromising on quality or efficiency.
∎ Provide cost data to support pricing decisions, ensuring that product pricing is competitive while maintaining profitability margins.
∎ Analyze market trends and competitor pricing to adjust costing strategies as needed.
∎ Prepare factory performance reports based on each cost object, providing insights into cost efficiency and areas for improvement.
∎ Conduct thorough analysis of factory overhead costs, identifying excess cost points and recommending strategies for cost reduction.
∎ Assist in the preparation and presentation of comprehensive costing MIS reports to support management decision-making.
∎ Define and implement policies and procedures for all cost accounting activities, ensuring compliance with industry standards and company goals.
∎ Calculate raw material costs for manufacturing products using standard data and conduct variance analysis with actual data to identify discrepancies.
∎ Prepare variance reports on product costing and perform contribution margin (CM) analysis to assess profitability.
∎ Analyze the production process to identify opportunities for reducing excess material usage and calculate production process losses of raw materials, recommending strategies for improvement.
∎ Provide critical assessments of all budgets and cost projections, proactively analyze budget variances, and communicate issues and opportunities to management.
∎ Collaborate with the procurement team to negotiate with suppliers for the best possible terms, focusing on cost reduction while maintaining quality standards.
∎ Analyze the impact of supplier pricing changes on product costs and overall profitability.
∎ Lead cost control initiatives across the company, identifying opportunities to reduce costs without compromising on quality or efficiency.
∎ Provide cost data to support pricing decisions, ensuring that product pricing is competitive while maintaining profitability margins.
∎ Analyze market trends and competitor pricing to adjust costing strategies as needed.
Skills & Expertise:
Compensation & Other Benefits:
∎ - Compensation for the role is industry standard and negotiable
∎ - Gratuity Facility
∎ - Contributory Provident fund
∎ - Yearly Salary Review
∎ - Yearly 02 Festival Bonuses
∎ - Life Insurance (Accidental and Hospitalization)
∎ - Discounts in hospitals & diagnostic centers
∎ - Pick & Drop Facility (Depends on availability)
∎ - Partially Subsidized Lunch
∎ - Daycare service
∎ - Apex Family Discount on Apex products
Workplace:
∎ Work at office
Employment Status: Full Time
Job Location: Dhaka
Company Information:
∎ Apex Footwear Limited
∎ House # 06, Road # 137, Block # SE(D), Gulshan 01, Dhaka 1212
∎ Apex Footwear Limited (AFL) is the leading manufacturer, exporter and retailer of leather footwear in Bangladesh. The company’s export unit is the leader in leather footwear export with 15+ destinations across Europe, North America & Asia. The company’s local unit comprising both Retail and Wholesale channels has a strong footprint with 250+ own retail outlets, 270+ authorized franchisee and 150+ listed distributors across the country. Being a renowned public limited company, AFL has employed more than 13,000 people and is fully compliant with the Corporate Governance Compliance Report. The company generated revenues of USD 175 million up to June 2017.
Address::
∎ House # 06, Road # 137, Block # SE(D), Gulshan 01, Dhaka 1212
∎ Apex Footwear Limited (AFL) is the leading manufacturer, exporter and retailer of leather footwear in Bangladesh. The company’s export unit is the leader in leather footwear export with 15+ destinations across Europe, North America & Asia. The company’s local unit comprising both Retail and Wholesale channels has a strong footprint with 250+ own retail outlets, 270+ authorized franchisee and 150+ listed distributors across the country. Being a renowned public limited company, AFL has employed more than 13,000 people and is fully compliant with the Corporate Governance Compliance Report. The company generated revenues of USD 175 million up to June 2017.
Read Before Apply: Please apply only who are fulfilling all the requirements of this job
Application Deadline: 21 Sep 2024
Category: Accounting/Finance
