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Cost, Budget and Inventory Control Manager

BYSL Global Technology Group

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Vacancy:

N/A

Job Context:

We are looking for a skilled individual for the position of Manager, Cost, Budget, and Inventory Control to manage and control financial operations, including cost analysis, budget planning, and inventory management. This role is key in ensuring cost efficiency, budget alignment, and optimal inventory levels to support business objectives and drive operational improvements.  If you excel in financial analysis and enjoy a fast-paced work environment, we encourage you to apply.

 

Job Responsibilities:

Key Responsibilities:

Cost Control:

  • Identify and record all costs associated with the production of goods and services.
  • Analyze and report on cost variances to identify areas for improvement.
  • Develop and implement cost reduction strategies to achieve budget targets.
  • Monitor and control costs to ensure compliance with budget and financial targets.
  • Identify and capitalize on opportunities to reduce costs without compromising quality or efficiency.

Budgeting:

  • Prepare and present annual budgets to senior management and stakeholders.
  • Develop and maintain detailed budget plans, including forecasts, projections, and assumptions.
  • Monitor and track budget performance, identifying areas of variance and taking corrective action.
  • Review and revise budget plans as needed to ensure alignment with changing business needs.
  • Ensure that budgeting processes are transparent, accountable, and compliant with organizational policies.

Inventory Control:

  • Develop and implement inventory management policies and procedures.
  • Monitor and control inventory levels, ensuring that they are in line with business requirements.
  • Conduct regular inventory audits to ensure accuracy and compliance with organizational policies.
  • Identify and address inventory discrepancies, including stockouts, overstocking, and obsolescence.

Develop and maintain inventory management systems, including tracking, reporting, and analytics.

Key Qualifications:

  • Strong analytical and problem-solving skills
  • Excellent communication and interpersonal skills
  • Ability to work in a fast-paced environment with multiple priorities
  • Strong attention to detail and accuracy
  • Ability to work collaboratively with cross-functional teams
  • Knowledge of accounting principles, budgeting techniques, and financial analysis
  • Understanding of inventory management principles and practices
  • Experience with financial software applications
  • Ability to think strategically and provide innovative solutions.

Additional Requirements:

  • Provide financial analysis and advice to support business decision-making.
  • Identify and report on trends, risks, and opportunities for improvement.
  • Develop and maintain relationships with internal stakeholders, including operations, procurement, and finance teams.
  • Ensure compliance with organizational policies, regulatory requirements, and industry standards.
  • Stay up-to-date with industry best practices, trends, and technologies to improve processes and outcomes.

Experience Requirements:

  • A minimum 7+ years of relevant experience in cost control, budgeting, and inventory management.
  • Proven track record of analyzing financial data and implementing cost reduction strategies.

Educational Requirements:

  • Masters in Accounting/Finance from a reputed university
  • Professional qualification: CMA Part Qualified is a must. 
  • Relevant Certifications in cost, budget and inventory control are advantageous.

Employment Status:

Full-Time

Job Status:

Full-time

Job Location:

Gulshan, Dhaka

Compensation & other benefits:

  • Performance Bonus
  • Festival Bonuses
  • Competitive Salary
  • Yearly Salary Review

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Read Before Apply

Please read the requirements carefully before you apply.

*Photographs must be enclosed with the resume

You may also submit your CV to careers@byslglobal.com
Mention the name of the position you are applying for in the subject line

Application Deadline: October 25, 2024