Sr. Manager/ Manager - Cost & Budget
Job Description
Title: Sr. Manager/ Manager - Cost & Budget
Company Name: Hamza Textiles Ltd. (A Concern of DBL Group)
Vacancy: Not specific
Job Location: Gazipur
Employment Status: Full-time
Educational Requirements:
∎ M.Com / MBS / MBA in Accounting/ Finance/ Banking from any reputed University with ACMA Qualified.
Experience Requirements:
∎ At least 8 year(s)
∎ The applicants should have experience in the following area(s):
Accounts and Finance
Job Responsibilities:
∎ Implement and maintain cost accounting systems and software to streamline cost data collection and analysis. Identifies opportunities to streamline processes, enhance cost efficiency, and implement best practices. Introduce new tools, systems, or methodologies to improve the accuracy and effectiveness of costing and budgeting processes.
∎ Prepare Product Costing for Knit Fabric as well as Value-Added Service Costing for dyeing and finishing, all-over print, garment washing and dyeing, and yarn dyeing are included in regular tasks.
∎ Analyze and monitor the cost of producing goods or providing services, ensuring accuracy and compliance with accounting standards.
∎ Identify the cost-saving opportunities and make recommendations to reduce costs without compromising quality or efficiency.
∎ Allocate indirect costs to various cost centers or products to determine their true costs accurately.
∎ Ensure a monthly operational performance meeting with MOD information. Ensure MOD reports and meeting presentations have proper analysis.
∎ Oversee and reconcile inventory-related transactions, including valuation, obsolescence, and reconciliation. Identify dead and slow-moving stocks and evaluate purchase requisitions in terms of consumption, stock level, and EOQ. Ensure regular updates of LCM rates for materials in the MIS system.
∎ Choose and apply appropriate costing methods (e.g., standard costing, activity-based costing) to determine the cost of products or services. Monitor cost trends, fluctuations, and variances, investigating discrepancies and proposing corrective actions.
∎ Ensure daily, weekly, monthly, and periodic operational reports and analyses for operational and cost information from departments. Pre-Costing and Post-Order Costing Report, Batch Cost Reports, Conversion Cost Analysis, Utility Expense Report, and so on.
∎ Analyze financial data to provide insights into business performance within different departments or projects for the group. Measure and track the key performance indicators, conduct variance analysis, and identify areas for improvement.
∎ Monitor and manage costs, identifying areas for improvement and cost reduction. Provide management with accurate and timely financial information to support performance evaluation and decision-making processes.
∎ Establish key performance indicators (KPIs) and metrics to assess and report on various aspects of the organization's operations. Provide financial data and analysis to support strategic decision-making, such as pricing strategies, product development, and investment decisions.
∎ Generate internal reports for management, highlighting critical financial and operational information. Assist in long-term financial planning, capital budgeting, and investment analysis.
∎ Ensure compliance with financial regulations, accounting standards, and internal controls.
Additional Requirements:
∎ Age at least 34 years
∎ Working knowledge of data analysis and performance/operation metrics.
∎ Strong knowledge in ERP system and advanced proficiency in MS office (specifically Microsoft Excel/ Power Point).
∎ High level of accuracy and attention to detail.
∎ People management skills - fairness and ability to motivate and manage the team.
∎ Excellent communication in both written and speaking in English.
∎ Demonstrated skills in problem solving, decision making and multitasking.
∎ Conceptual, analytical, documentation and presentation skills.
Salary: Negotiable
Compensation & Other Benefits:
∎ Festival Bonus: 2
∎ We offer excellent work environment, attractive compensation package and performance based career progression as per company policy.
Job Source: Bdjobs.com Online Job Posting.
Application Deadline: 5 Dec 2023
Company Information:
∎ 19 Nov 2023
∎ Hamza Textiles Ltd. (A Concern of DBL Group)
∎ Address : South Avenue Tower (6th Floor), House No # 50, Road No # 03, Gulshan Avenue, Gulshan 1, Dhaka - 1212
Category: Accounting/Finance
:
Source: bdjobs.com
Deadline Expired on 5th Dec 2023
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