Job Description

Title: Head of Costing

Company Name: Masco Group

Vacancy: 01

Job Location: Dhaka (Uttara)

Employment Status: Full-time

Educational Requirements:
∎ Master of Commerce (MCom) in Accounting, Master of Business Administration (MBA) in Finance
∎ Preferred Professional Certification: FCMA

Experience Requirements:
∎ At least 16 year(s)
∎ The applicants should have experience in the following area(s): Cost Management, Product Costing and budgeting
∎ The applicants should have experience in the following business area(s): Garments

Job Responsibilities:
∎ Set costing standard and implement the necessary procedure to streamline cost data collection and analysis & improve the cost efficiency of the organization.
∎ 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.
∎ Analyze actual Material, labor and overhead cost against slandered/budget research and explain variances, and submit reports as needed.
∎ Implement new mechanism/protocol to improve the accuracy and effectiveness of costing and budgeting processes.
∎ Cost-Center wise Report Preparation including developing, presenting, and overseeing financial budgets on an annual and quarterly basis.
∎ Ensure daily, weekly, monthly, and periodic operational reports like Pre-Costing and Post-Order Costing Report, Batch Cost Reports, Conversion Cost Analysis, Utility Expense Report etc are duly tracked, analyzed & area of improvement is determined.
∎ Identify the cost-saving opportunities and make recommendations to reduce costs without hampering smooth business operation.
∎ Forecast financial needs throughout the year.
∎ Evaluate budget & cost proposals and financial requests for viability.
∎ Providing financial analysis and strategic input to facilitate high-level decision-making by management.
∎ Identify, flag, and analyze potential financial and budgetary risks.
∎ Establish key performance indicators (KPIs) and metrics to assess and report on various aspects of the organization's operation, understand the deviation objectively & take effective countermeasure.
∎ Any other tasked assigned by Management.

Additional Requirements:
∎ Age at least 42 years
∎ Only males are allowed to apply

Salary: Negotiable

Compensation & Other Benefits:
∎ Mobile bill
∎ Salary Review: Yearly
∎ Festival Bonus: 2

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 21 Dec 2023

Company Information:
∎ 21 Nov 2023
∎ Masco Group
∎ Address : Head Office: Syed Grand Center, Level # 13, 14 & 15, Plot # 89, Road # 28, Sector # 07, Uttara, Dhaka-1230.
∎ Business : 100% Export Oriented Composite Knit Garments

Category: Accounting/Finance

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Source: bdjobs.com

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