Senior Executive - Cost & Budget

Job Description

Title: Senior Executive - Cost & Budget

Company Name: Rangs Pharmaceuticals Ltd.

Vacancy: 1

Age: Na

Job Location: Gazipur

Salary: Negotiable

Experience:

• 3 to 5 years
• The applicants should have experience in the following business area(s): Pharmaceutical/Medicine Companies

• Bachelor of Business Administration (BBA) in Accounting
• Master of Business Administration (MBA) in Accounting

• ICMA partly qualified will get preference.

• 3 to 5 years
• The applicants should have experience in the following business area(s): Pharmaceutical/Medicine Companies

• Hands-on experience in BMR/BPR review, BOM confirmation, inventory reconciliation, and batch-wise analysis is highly preferred.

• A minimum of 3 years of experience in a Pharmaceutical Factory is required.

• Confirm and validate Product BOM (Bill of Materials) with Product Development and Production teams to ensure accurate costing data.

• Update actual material consumption for each batch, incorporating man-hour, machine-hour, utilities, and factory overhead allocations to ensure accurate product costing.

• Review Batch Manufacturing Records (BMR) and Batch Packaging Records (BPR) to reconcile batch-wise material consumption and yield.

• Investigate material variances, rejections, and wastages, and provide actionable reports for corrective measures.

• Perform inventory reconciliation, including sample-based physical checks, and ensure that the warehouse maintains accurate ERP records.

• Identify overstock, slow-moving items, potential overproduction, and expired or near-expiry materials/finished goods, recommending corrective actions as needed.

• Carry out utility cost analysis (power, water, steam, HVAC) and identify opportunities to reduce consumption and optimize overheads.

• Support Capex budgeting and monitoring for factory expansions and major equipment purchases.

• Implement and maintain robust cost-control processes to improve operational efficiency.

• Prepare and present MIS Reports required by head office.

• Mobile bill,Provident fund,Gratuity,Insurance
• Lunch Facilities: Full Subsidize
• Salary Review: Yearly
• Festival Bonus: 2