Manager – Production Cost Analysis & Cost Control

Job Description

Title: Manager – Production Cost Analysis & Cost Control

Company Name: Akij Resources

Vacancy: --

Age: At least 30 years

Job Location: Dhaka

Salary: Negotiable

Experience:

• 5 to 8 years
• The applicants should have experience in the following business area(s): Manufacturing (FMCG), Shipping, Food (Packaged)/Beverage, Agro based firms (incl. Agro Processing/Seed/GM), Group of Companies, Packaging Industry, Cement Industry, Steel

• Bachelor’s/Master’s in Accounting, Finance, or related field from a reputed university.
  

• Cost Accountant from ICMAB – ACMA / FCMA will get preference.

• 5 to 8 years
• The applicants should have experience in the following business area(s): Manufacturing (FMCG), Shipping, Food (Packaged)/Beverage, Agro based firms (incl. Agro Processing/Seed/GM), Group of Companies, Packaging Industry, Cement Industry, Steel

• Age At least 30 years

• Experience in costing / management accounting / production cost control in a manufacturing organization.

• Strong hands-on experience in factory/plant environment is highly preferred.

Scope of the Role

This position will primarily cover:

Production & operation-related costs, such as:

• Direct & indirect labor cost

• Machine running cost (depreciation, repairs & maintenance, spares)

• Utilities (electricity, gas, water, steam, compressed air, etc.)

• Factory overheads (supervision, security, admin within factory, etc.)

• Wastage, rework, downtime cost, overtime, idle time, etc.

This position will not be directly responsible for:

• Material purchase price negotiation

• Material price variance due to supplier rate changes

• Procurement-related costing. (However, coordination with the materials team may be required for information sharing.)

1. Production Cost Analysis

• Analyze department-wise / line-wise / machine-wise / batch-wise production cost.

• Calculate and monitor conversion cost per unit (excluding material cost).

• Track labor productivity: output per man-hour, overtime vs. normal time, idle time.

• Analyze machine utilization, capacity utilization, and downtime impact on cost.

• Evaluate utility consumption per unit of production and highlight abnormal usage.

2. Cost Control & Efficiency Improvement

Develop standard norms for:

• Manpower per line / shift

• Machine hours and capacity utilization

• Utilities consumption standards

• Overhead allocation basis

• Compare standard vs actual and report variances with root cause analysis.

• Identify cost-saving opportunities in production processes and support implementation.

• Work with Production/Operations to reduce wastage, rework, and non-value-added activities.

3. Budgeting & Operational Planning

• Prepare production cost budgets (labor, utilities, overheads) in coordination with Operations.

• Monitor actual production costs against budgets and highlight deviations.

• Support management with scenario analysis (e.g., impact of shift changes, overtime policy, new machine addition).

4. MIS & Reporting

Prepare regular MIS reports on:

• Line-wise / product-wise conversion cost

• Labor cost, overtime analysis

• Utility cost trends and variances

• Downtime and its cost impact

• Present monthly dashboards to management with key insights and recommendations.

5. Process & Internal Control

• Ensure proper cost allocation of overheads to production cost centers.

• Strengthen internal controls over production-related expenses and approvals.

• Support internal and external auditors with production cost related schedules and explanations.

6. Cross-functional Coordination

• Work closely with Production, Maintenance, HR (for manpower & overtime), Utility/Engineering, and Factory Admin.

• Conduct training sessions with production supervisors on cost awareness and Efficiency.

• T/A,Mobile bill,Medical allowance,Provident fund,Gratuity
• Salary Review: Yearly
• Festival Bonus: 2