Sr. Executive/Asst. Manager - Cost Accountant

Job Description

Title: Sr. Executive/Asst. Manager - Cost Accountant

Company Name: Viyellatex Spinning Ltd

Vacancy: --

Location: Gazipur

Minimum Salary: Negotiable

Experience:
∎ At least 6 years
∎ The applicants should have experience in the following business area(s):Garments, Textile, Group of Companies, Spinning, School

Published: 17 Nov 2024

Education:
∎ Master of Business Administration (MBA) in Accounting
∎ Having professional degree (fully or partly CMA/ACCA qualified or partly CA qualified) will get extra preference
∎ University of Dhaka,Jahangirnagar University,North South University,East West University,Independent University, Bangladesh students will get preference
∎ Having professional degree (fully or partly CMA/ACCA qualified or partly CA qualified) will get extra preference

Requirements:

Additional Requirements:
∎ Knowing SAP ERP, Excel & PowerPoint will get preference.
∎ Candidate should have knowledge about Quality management reports, budgetary control, capital expenditure, WCM, internal control, cost reduction, capital expenditure policy and guidelines.
∎ Candidates must have strong knowledge about factory accounts.

Responsibilities & Context:
∎ The selected candidate will be primarily responsible for managing and overseeing factory cost accounts located in Gazipur, Mawna.
∎ Develop and maintain cost accounting systems for tracking production costs, labor, and overhead.
∎ Prepare product costing, Contribution Margin (CM) analysis, Break Even Point (BEP) analysis, Margin of Safety (MS) analysis.
∎ Analyze and report on production costs, identifying areas for cost reduction and efficiency improvement.
∎ Prepare detailed cost reports, including variance analysis, to assist management in decision-making.
∎ Assist in the preparation of budgets and financial forecasts, ensuring accurate cost estimations.
∎ Monitor actual costs against budgeted costs, providing insights into discrepancies.
∎ Oversee the cost accounting for inventory, ensuring accurate valuation and reporting.
∎ Work closely with the production and procurement teams to manage inventory levels and minimize waste.
∎ Maintain accurate records of all factory-related financial transactions.
∎ Reconcile factory accounts, ensuring all costs are accurately captured and reported.
∎ Collaborate with management to develop and implement cost control measures.
∎ Ensure compliance with relevant accounting standards and regulations.
∎ Prepare and submit regular financial reports to management and external stakeholders.
∎ Factory petty cash management.
∎ The selected candidate will be primarily responsible for managing and overseeing factory cost accounts located in Gazipur, Mawna.
∎ Develop and maintain cost accounting systems for tracking production costs, labor, and overhead.
∎ Prepare product costing, Contribution Margin (CM) analysis, Break Even Point (BEP) analysis, Margin of Safety (MS) analysis.
∎ Analyze and report on production costs, identifying areas for cost reduction and efficiency improvement.
∎ Prepare detailed cost reports, including variance analysis, to assist management in decision-making.
∎ Assist in the preparation of budgets and financial forecasts, ensuring accurate cost estimations.
∎ Monitor actual costs against budgeted costs, providing insights into discrepancies.
∎ Oversee the cost accounting for inventory, ensuring accurate valuation and reporting.
∎ Work closely with the production and procurement teams to manage inventory levels and minimize waste.
∎ Maintain accurate records of all factory-related financial transactions.
∎ Reconcile factory accounts, ensuring all costs are accurately captured and reported.
∎ Collaborate with management to develop and implement cost control measures.
∎ Ensure compliance with relevant accounting standards and regulations.
∎ Prepare and submit regular financial reports to management and external stakeholders.
∎ Factory petty cash management.

Skills & Expertise:

Compensation & Other Benefits:
∎ As per company policy.

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Gazipur

Job Highlights:
∎ The position is for Viyellatex Spinning Ltd which is a concern of Viyellatex Group. The selected employee will be primarily responsible for managing and overseeing factory cost accounts for our facility located in Gazipur, Mawna.

Company Information:
∎ Viyellatex Spinning Ltd

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

Application Deadline: 17 Dec 2024

Category: Garments/Textile

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