Product Cost Analyst - Flat Steel Industries (Sr. Manager/AGM/DGM)

Job Description

Title: Product Cost Analyst - Flat Steel Industries (Sr. Manager/AGM/DGM)

Company Name: A Reputed Group of Companies in Chattogram

Vacancy: Not specific

Job Location: Chattogram

Employment Status: Full-time

Educational Requirements:
∎ Bachelor of Commerce (BCom), Master of Commerce (MCom)
∎ Bachelor's/Master's degree in Accounting, Finance, or a related field.
∎ The candidate should have a professional certification such as CMA or CA (ACMA or ACA)

Experience Requirements:
∎ At least 10 year(s)
∎ The applicants should have experience in the following area(s): Cost management Accounting
∎ The applicants should have experience in the following business area(s): Group of Companies, Manufacturing (Light Engineering & Heavy Industry)

Job Responsibilities:
∎ Cost Analysis:
∎ Conduct in-depth analysis of production costs for flat steel products, including raw materials, labor, energy, and overhead expenses.
∎ Cost Modeling:
∎ Develop and maintain cost models specific to the flat steel production process to estimate and project product costs accurately.
∎ Variance Analysis:
∎ Investigate and report on cost variances, identifying the root causes and recommending corrective actions.
∎ Cost Reporting:
∎ Generate regular reports and presentations summarizing cost-related data and insights for management and stakeholders.
∎ Cost Optimization:
∎ Collaborate with production, procurement, and engineering teams to identify opportunities for cost reduction, process improvements, and efficiency enhancements.
∎ Profitability Assessment:
∎ Assess the profitability of different flat steel product lines, evaluate pricing strategies, and provide recommendations for optimizing margins.
∎ Inventory Management:
∎ Monitor and analyze inventory costs, ensuring accurate valuation and adequate controls.
∎ Data Integrity:
∎ Maintain accurate and up-to-date cost data in the company's systems and databases.
∎ Compliance:
∎ Ensure compliance with industry regulations, accounting standards, and internal policies related to cost accounting practices.

Additional Requirements:
∎ Age 35 to 45 years
∎ Only males are allowed to apply
∎ Previous experience in cost accounting or financial analysis, preferably within the steel manufacturing industry.
∎ Proficiency in financial modeling, cost analysis, and data interpretation.
∎ Strong analytical skills with advanced Excel proficiency.
∎ Knowledge of cost accounting principles specific to flat steel production.
∎ Excellent communication and presentation skills.
∎ Attention to detail and the ability to work independently and as part of cross-functional teams.
∎ Familiarity with ERP/SAP systems used in steel manufacturing.

Salary: Negotiable

Compensation & Other Benefits:
∎ Mobile bill, Provident fund, Insurance, Gratuity
∎ Lunch Facilities: Partially Subsidize
∎ Salary Review: Yearly
∎ Festival Bonus: 2
∎ Other benefits and facilities will be given as per company policy

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 28 Sep 2023

Company Information:
∎ 17 Sep 2023
∎ A Reputed Group of Companies in Chattogram

Category: Accounting/Finance

: Only short-listed candidates will be called for an interview.Any direct or indirect persuasion will be treated as a disqualification of the candidate.

Interested By University

University Percentage (%)
National University 38.50%
University of Chittagong 5.50%
University of Dhaka 4.00%
International Islamic University, Chittagong 3.00%
ICMAB 3.00%
Jagannath University 2.00%
University of Information Technology & Science 1.50%
Jahangirnagar University 1.00%
Asian University of Bangladesh 1.00%
Darul Ihsan University 1.00%

Interested By Age Range

Age Range Percentage (%)
20-30 5.50%
31-35 14.50%
36-40 32.50%
40+ 47.00%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 2.13%
20K-30K 3.19%
30K-40K 3.19%
40K-50K 4.26%
50K+ 87.23%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 1.00%
0.1 - 1 years 0.50%
1.1 - 3 years 1.50%
3.1 - 5 years 4.50%
5+ years 92.50%

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