Senior Cost Accountant

Job Description

Title: Senior Cost Accountant

Company Name: A Reputed Garments Company

Vacancy: 01

Age: 30 to 40 years

Location: Narayanganj

Experience:
∎ 6 to 8 years
∎ The applicants should have experience in the following business area(s):Garments, Group of Companies, Financial Consultants

Published: 6 Jul 2024

Education:
∎ Bachelor of Business Administration (BBA) in Cost & Management Accounting

Requirements:

Additional Requirements:
∎ Age 30 to 40 years
∎ Minimum of 5 years of experience in cost accounting, preferably in a manufacturing environment.
∎ Strong knowledge of cost accounting principles and practices.
∎ Proficiency in accounting software and ERP systems.
∎ Advanced Microsoft Excel skills.
∎ Excellent analytical, problem-solving, and communication skills.
∎ Ability to work independently and as part of a team, with strong organizational and time management skills.

Responsibilities & Context:
∎ Job Summary:
∎ We are seeking a highly skilled and detail-oriented Cost Accountant to join our company. The successful candidate will be responsible for developing, implementing, and maintaining cost accounting systems and procedures. This role requires a thorough understanding of cost accounting principles and the ability to analyze financial data to provide insights for cost control and decision-making.
∎ Key Responsibilities:
∎ Cost Analysis and Reporting:
∎ Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
∎ Perform variance analysis to identify trends, inefficiencies, and opportunities for cost reduction.
∎ Prepare and present detailed reports on cost analysis and financial performance to management.
∎ Budgeting and Forecasting:
∎ Assist in the preparation of budgets and financial forecasts.
∎ Monitor and report on budget vs. actual performance, providing insights and recommendations for adjustments.
∎ Inventory Management:
∎ Conduct physical inventories and monitor the cycle count program.
∎ Reconcile finished goods inventories and work-in-progress (WIP) inventories.
∎ Product Costing:
∎ Maintain and update standard costs of raw materials, packaging, and finished goods.
∎ Ensure accurate costing of new products and provide cost estimates for pricing decisions.
∎ Financial Controls and Compliance:
∎ Ensure compliance with company policies and procedures, as well as accounting standards and regulations.
∎ Participate in internal and external audits, providing necessary documentation and explanations.

Skills & Expertise:

Compensation & Other Benefits:
∎ Mobile bill, Provident fund, Gratuity
∎ Salary Review: Yearly
∎ Festival Bonus: 2
∎ As per company policy.

Workplace:
∎ Work at office

Employment Status: Full Time

Gender:
∎ Only Male

Job Location: Narayanganj

Company Information:
∎ A Reputed Garments Company

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

Application Deadline: 31 Jul 2024

Category: Accounting/Finance

Interested By University

University Percentage (%)
National University 24.75%
6.27%
University of Dhaka 5.28%
Jagannath University 4.29%
Dhaka College 1.65%
Jahangirnagar University 1.32%
Independent University, Bangladesh 1.32%
North South University 0.99%
ICMAB 0.99%
Bangladesh Islami University 0.99%

Interested By Age Range

Age Range Percentage (%)
20-30 21.45%
31-35 35.31%
36-40 22.77%
40+ 11.88%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 3.05%
20K-30K 16.61%
30K-40K 19.32%
40K-50K 18.31%
50K+ 42.71%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 12.87%
0.1 - 1 years 1.98%
1.1 - 3 years 7.59%
3.1 - 5 years 16.17%
5+ years 61.39%

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