Manager (Cost & Budget)
Job Description
Title: Manager (Cost & Budget)
Company Name: A Large Group of Industries
Vacancy: Not specific
Job Location: Dhaka, Gazipur
Employment Status: Full-time
Educational Requirements:
∎ Master of Business Administration (MBA).
∎ ICMA Partly Qualified.
∎ Educational qualification shall be relaxed for highly deserving candidates.
∎ Skills Required: Accounting, Accounts and Finance, Auditing, Communication, Cost and budget, Cost Management.
Experience Requirements:
∎ At least 8 year(s)
Job Context:
∎ A 100% export-oriented garments manufacturing organization inviting application for the post of Manager (Cost & Budget).
∎ Job Location: Dhaka /(Konabari), Gazipur.
Job Responsibilities:
∎ Implementation, Monitoring and Control of Cost & Budgets through timely reporting and meeting with departmental heads;
∎ Maintain all types of cost sheet, budgeted cost sheet & order wise back-to-back LC information
∎ Order wise pre-cost and post cost analysis.
∎ Should well knowledgeable in all types of production costing in any reputed RMG industry & Prepare buyer / Style wise order costing and budget
∎ Identify process loss with appropriate reason.
∎ Identify variances between actual and budgeted financial results at the end of each reporting period;
∎ Determine and analyze man/machine ratio, machine cost, line cost, man cost and cost per minute.
∎ Calculate style wise Fabric/Garment costing collecting data related to pre-cost, post cost & process cost from concern department.
∎ Analysis of production process loss for cutting, sewing, washing, Finishing, etc.
∎ Conducts cost-benefit analyses to determine value.
∎ Stock valuation and physical verification of stock and reconciliation between financial stock records and factory stock ledger and also identify the variance between post costing and pre-costing with recommendation.
∎ Implement Inventory management System
∎ Make sure to prepare variance report of product costing and CM analysis.
∎ Budgeting, recording and analyzing company financial information, and tracking department or product expenditures.
∎ Defends budget recommendations and developing a final budgetary agreement with management.
∎ Designing effective budget models for departments and the entire company
∎ Help with strategic planning and making decisions regarding the direction of the business.
∎ Evaluates and approves or rejects budget proposals and funding requests.
∎ Review, analysis and comments for monthly management reporting pack and Financials.
∎ Determines whether budget proposals are in compliance with regulations.
∎ Suggest spending improvements that increase profits;
∎ Managing budgets based on authority levels and limits and taking necessary actions to control and reduce cost.
∎ Monitor's spending to ensure it remains within budget.
∎ Other reporting requirements as advised from time to time.
Additional Requirements:
∎ Age at most 40 years
∎ Only males are allowed to apply
∎ The applicants should have experience in the following business area(s):
∎ Garments.
∎ Developing budgets.
∎ Garment Costing.
∎ Financial skills.
∎ Tracking budget expenses.
∎ Auditing, accounting, and corporate finance.
∎ Managing processes.
∎ Developing standards.
∎ Applicant should have working experience in RMG industry.
∎ Proficient in Microsoft Office.
Salary: Negotiable
Compensation & Other Benefits:
∎ As per company policy.
Job Source: Bdjobs.com Online Job Posting.
Application Deadline: 15 Jun 2022
Company Information:
∎ 16 May 2022
∎ A Large Group of Industries
Category: Accounting/Finance
Source: bdjobs.com
Deadline Expired on 15th Jun 2022
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