Factory Accountant

Job description

About Brandix

Driven by curiosity, Brandix is a digital-first company that addresses unmet needs by manufacturing empowered apparel solutions, delivered by inspired people. Our 50-year history is built on life-long relationships with global partners who share our purpose: inspiring a future that drives prosperity for everyone.

Key purpose of the Job

The Senior Executive - Factory Accountant, reporting to the Head of Finance of Bangladesh Region acts as the controller of factory finance that includes preparing and monitoring the annual factory budget (planned vs actuals) as well as managing overheads of the factory. The role holder also collaborates with cross-functional teams for undertaking value creation initiatives in the factory. Ensuring effectiveness of internal controls and governance including audit of Factory Control Assessment is critical to the role holder. Further Factory Accountant is responsible for the in-house material management and risk management in effective manner

Key Responsibilities:

Preparation of plant budget and monitoring adherence to the same

Responsible for achieving customer plant top line and bottom-line targets by partnering with business teams

Optimize raw material management in the plant in terms of order to ship improvements, cut ship governance and excess RM and surplus garment handling adhering to SOPs.

Manage factory overheads including monitoring target vs actuals (monthly/ quarterly) and suggesting corrective actions

Collaborate with cross functional stakeholders for value creation projects (cost optimization, productivity improvement, SWORD) and facilitate key periodical reviews

Ensure governance and adherence to internal control systems in the factory, prepare MIS and other reports for management

Education

Bachelor’s Degree or BBA/Masters or MBA & – CMA Partly qualified

Experience

3 to 4 Years of relevant corporate experience in cost/management accounting with a strong knowledge of financial budgeting, overhead management and financial accounting in Manufacturing / RMG sector

Sound understanding factory operational processes / cost accounting & Management Accounting

Work experience in apparel / RMG

Competencies

Drive Vision & Growth

Excite & Engage Customers

Inspire Each Other

Simplify & Focus

TC - Budgeting and Forecasting (P2)

TC - Financial Accounting and Reporting (P2)

TC - Functional IT and Digital Skills (P1)

TC - Integrated Apparel Value Chain Perspective (P1)

TC - Working Capital Management (P2)

This is an Equal Opportunity Company

Responsibilities

• Preparation of plant budget and monitoring adherence to the same
• Responsible for achieving customer plant top line and bottom-line targets by partnering with business teams
• Optimize raw material management in the plant in terms of order to ship improvements, cut ship governance and excess RM and surplus garment handling adhering to SOPs.
• Manage factory overheads including monitoring target vs actuals (monthly/ quarterly) and suggesting corrective actions
• Collaborate with cross functional stakeholders for value creation projects (cost optimization, productivity improvement, SWORD) and facilitate key periodical reviews
• Ensure governance and adherence to internal control systems in the factory, prepare MIS and other reports for management

Requirements

• Education: Bachelor’s Degree or BBA/Masters or MBA & – CMA Partly qualified
• Experience: 3 to 4 Years of relevant corporate experience in cost/management accounting with a strong knowledge of financial budgeting, overhead management and financial accounting in Manufacturing / RMG sector
• Experience: Sound understanding factory operational processes / cost accounting & Management Accounting
• Experience: Work experience in apparel / RMG

Skills

• Budgeting and Forecasting
• Financial Accounting and Reporting
• Functional IT and Digital Skills
• Integrated Apparel Value Chain Perspective
• Working Capital Management