Career opportunities at Bombay Sweets and Co. Ltd. for Deputy Manager and Manager

Bombay Sweets has been the leading snack company in Bangladesh since its inception in 1948. 

Vacancy: Not specified 

Vacancy Type: Full-time 

Role: Deputy Manager and Manager ( Budgeting and Cost Control) 

Job Responsibilities:

• 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 and 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 financial practices adhere to regulatory requirements.             
• Any other jobs as assigned by the management from time to time.

Requirements: 

• BBA/MBA in Accounting from any reputed University.
• ACA/CA CC or equivalent having a minimum of 3 years experience in internal audit and compliance in any FMCG Company.       
• Experience: 5 to 7 years.

Additional Requirements: 

• Age 25 to 35 years.
• You may be required to visit the factory as and when required.
• Strong interpersonal skills in dealing with different departments of the business.

Job Location: Dhaka.

Salary: Negotiable.

Benefits: As per the Company policy.

Application Deadline: 19 June 2024

Application link: https://tinyurl.com/ntp5zsr7