Bombay Sweets & Co. Ltd.
Bombay Sweets & Co. Ltd.
Bombay Sweets & Co. Ltd.
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Summary
- Vacancy: —
- Age: 25 to 35 years
- Location: Dhaka
- Salary: Negotiable
- Experience: 5 to 7 years
- Published: 20 May 2024
Requirements
Education
- BBA/MBA in Accounting from any reputed University
- ACA/CA CC or equivalent having minimum 3 years’ experience in internal audit and compliance in any FMCG Company.
Experience
- 5 to 7 years
Additional Requirements
- Age 25 to 35 years
- May require to visit factory as and when required
- Strong interpersonal skills in dealing with different department of the business.
Responsibilities & Context
- Collaborate with department heads to formulate budgets that reflect realistic cost projections.
- Monitor spending to ensure it does not exceed budget limits and adjust forecasts based on operational changes or strategic shifts within the company.
- Provide monthly, quarterly, and annual budget reports to senior management detailing performance against benchmarks.
- Conduct thorough reviews and audits of all expenses across the company to ensure costs are aligned with approved budgets.
- Analyze current expenditures, identify cost drivers, and assess the correlation between activities and expenses.
- Utilize accounting systems and software to track costs and report irregularities or variances from expected spending levels.
- Identify inefficient cost structures and propose modifications to enhance efficiency and reduce expenses without compromising on quality or output.
- Implement cost-saving initiatives that may include renegotiating contracts, consolidating purchases, or finding more cost-effective operational methods.
- Lead cross-departmental initiatives to find synergies and cost-saving opportunities.
- Prepare detailed reports and presentations for executive management that explain cost trends, potential risks, and the impact of current cost-saving measures.
- Recommend financial actions by analyzing accounting options, suggesting potential acquisitions or divestitures based on cost structures.
- Influence and advice on the financial implications of business decisions, including long-term planning, introduction of new strategies, and regulatory impact.
- Work closely with procurement, operations, and all other departments to align cost management strategies with company objectives.
- Communicate with suppliers and contractors to negotiate terms of service and products to lower purchasing costs (if and when required).
- Review procurement and operational policies for compliance with financial legal standards.
- Coordinate with compliance officers to ensure at financial practices adhere to regulatory requirements.
- Any other jobs as assigned by the management time to time.
Compensation & Other Benefits
- Provident fund, Gratuity
- Festival Bonus: 2
Workplace
Work at office
Employment Status
Full Time
Job Location
Dhaka