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

Interested By University

University Percentage (%)
National University 22.78%
University of Dhaka 3.99%
Jagannath University 3.11%
Dhaka College 1.48%
University of Chittagong 1.33%
University of Rajshahi 1.18%
Tejgaon College 1.18%
East West University 1.18%
Jahangirnagar University 1.04%
Daffodil International University (DIU) 0.89%

Interested By Age Range

Age Range Percentage (%)
20-30 28.85%
31-35 38.31%
36-40 20.12%
40+ 10.65%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 3.85%
20K-30K 13.04%
30K-40K 18.07%
40K-50K 21.33%
50K+ 43.70%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 7.54%
0.1 - 1 years 3.85%
1.1 - 3 years 17.01%
3.1 - 5 years 15.53%
5+ years 56.07%

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