Manager Costing

Artistic Milliners; Pakistan; On-site; PKR 1,400,000 - 2,000,000; Full time

Job summary

A leading textile company in Pakistan is seeking a finance professional to manage budgeting, cost control, and financial reporting. The ideal candidate will have 5-10 years of experience in finance, preferably within the Textile, Pharmaceutical, or FMCG sectors. Responsibilities include preparing management reports, monitoring inventory costs, and supporting financial closing processes.

Qualifications

• 5-10 years of experience in finance, preferably in Textile, Pharmaceutical, or FMCG industries.

Responsibilities

• Prepare monthly management reports, including WIP movement and performance measurement.
• Develop and implement annual budgets and monthly cost center-wise analysis.
• Monitor and report on inventory valuation and production costs.
• Support month-end closing by ensuring all expenses are accurately booked.
• Develop KPIs and provide detailed reports on actuals and deviations.

Education

FCMA/ACMA/ACCA Qualified/Finalist

Job description

Some of the job responsibilities but are not limited to:

• Prepare monthly management reports, including WIP movement and performance measurement, with detailed analysis and commentaries.
• Develop and implement annual budgets and monthly cost center-wise analysis, reporting variances and taking necessary actions to control and reduce costs.
• Gather budget proposals from departments, compile the Master Budget, and prepare supporting documentation and justification.
• Develop and maintain standard and actual costing systems.
• Monitor and report on inventory valuation, production, supply chain, and sourcing costs, providing productivity analysis and facilitating cost improvements.
• Support month-end closing by ensuring all expenses and provisions are accurately booked.
• Develop KPIs and provide detailed reports on actuals, deviations, and analysis for informed decision-making.
• Perform variance analysis between actual, prior, and standard costs, investigating reasons for discrepancies and making cost control recommendations.
• Collaborate with required concerns on financials, forecasting, and special projects, preparing comprehensive reports on business activity and expenses.

Requirements:

• FCMA/ACMA/ACCA Qualified/Finalist.
• 5-10 years of experience in finance, preferably in Textile, Pharmaceutical, or FMCG industries.