Assistant Manager-Costing

nagariatextiles; Karachi Division; On-site; PKR 669,600 - 892,800; Full time

Job summary

A textile manufacturing company in Karachi seeks a skilled financial analyst to develop and maintain product costing models. The ideal candidate must possess CA (Articleship), ACCA, or ICMA with 3-5 years of relevant experience, specifically in costing or financial analysis within the textile industry. Responsibilities include analyzing cost structures, conducting variance analysis, and collaborating with production and finance teams. The role demands proficiency in MS Office and effective vendor management skills. This position promises a dynamic work environment with the opportunity to make a significant impact on cost optimization.

Qualifications

• Minimum of 3-5 years of experience in costing or financial analysis.
• Experience within the textile industry is preferred.
• Strong understanding of quality control standards in textile processing.

Responsibilities

• Develop and maintain product costing models.
• Analyze cost structures for optimization.
• Collaborate with finance teams for accurate cost information.
• Conduct variance analysis for cost discrepancies.

Skills

Costing analysis

Financial reporting

Vendor management

Team collaboration

MS Office proficiency

Ability to work under pressure

Education

CA (Articleship) / ACCA / ICMA

Tools

Reporting tools

Job description

CA (Articleship required) / ACCA / ICMA.

Minimum of 3-5 years of experience in costing or financial analysis within the textile industry.

Great team player

Can work under pressure

Ability to handle multiple vendors and meet production deadlines.

Knowledge of quality control standards in textile processing.

Experience in vendor management and cost monitoring.

Proficiency in MS Office and reporting tools.

Job Description

Develop, maintain and update product costing models.

Analyze cost structures and identify areas for optimization and efficiency improvements.

Calculate the cost of goods sold (COGS), including material, labor and overhead costs

Monitor and track raw material costs, labor costs and other operational expenses.

Collaborate with production, procurement and finance teams to ensure accurate and up-to-date cost information.

Prepare regular reports and cost analysis for senior management.

Conduct variance analysis to identify discrepancies between estimated and actual costs.

Assist in budgeting and forecasting processes related to product costing.

Coordinate with the warehouse to highlight overall inventory levels and SLOB.