Assistant Manager Job Costing Financial Control in lahore

I. Introduction: The Critical Role of Costing

We are seeking a highly skilled and meticulous Assistant Manager – Costing to take ownership of all cost-related activities within our organization. In a business heavily reliant on imports and manufacturing, the accuracy of our material, product, and inventory costs is not merely an accounting task—it is a strategic function that directly impacts pricing decisions, profitability analysis, and regulatory compliance.Assistant Manager Job

The individual in this role will be the primary custodian of cost data integrity, ensuring every component cost, from the initial purchase price to the final landed expense, is accurately captured and reported. This position requires a strong technical background in cost accounting, deep familiarity with import procedures, and the discipline to maintain meticulous records under tight timelines. If you are an experienced finance professional ready to drive cost transparency and support critical management decisions, we invite you to apply.

Position Details:

• Job Title: Assistant Manager – Costing
• Type: Full-time, On-site (Location details to be confirmed upon application)
• Required Experience: Minimum 3 years in relevant costing roles.

II. Key Responsibilities: The Core Mandate

The Assistant Manager – Costing is responsible for managing and monitoring all costing-related activities, focusing heavily on imported goods and inventory valuation.

A. Imported Cost Calculation and Accuracy

The core responsibility revolves around accurately determining the total cost of all imported materials and products:

1. Landed Cost Calculation: Accurately calculating the landed cost of imported materials and finished goods. This complex calculation must meticulously include all ancillary charges, such as customs duties, regulatory taxes (Sales Tax, Income Tax Withheld, etc.), transportation (freight), and other port/clearing charges.
2. Expense Allocation: Ensuring the accurate allocation of all duties, taxes, and other expenses (e.g., clearing charges) to the relevant products and batches. This requires technical accuracy to ensure that each unit carries its precise share of the import burden.
3. Documentation Integrity: Maintaining detailed, auditable records of all imported purchases, clearly logging cost, quantity, and related supporting documentation, including commercial invoices and Bank documents.

B. Inventory Valuation and Reporting

You will be instrumental in the period-end financial reporting processes, ensuring compliance and accurate inventory representation:

• Cost Updates and Compliance: Calculating and regularly updating the costs of raw materials and finished goods. This updated cost data is crucial for generating accurate sales tax returns (e.g., input/output calculations) and internal management accounts.
• Stock Valuation: Preparing and submitting detailed financial reports on the valuation of closing stock, which must include precise breakdowns of inventory quantities and their calculated cost values for balance sheet reporting.
• Cost Summaries: Maintaining updated cost summaries for each unit, detailing every component of cost, including initial duties, various import charges, and subsequent local processing or handling expenses.

C. Cross-Functional Collaboration and Audit Support

Success in this role requires strong interaction with external and internal stakeholders:

• Team Collaboration: Working in close collaboration with Procurement, Import/Logistics, and Accounts teams to ensure all necessary documentation is received, all costs are captured, and the final import cost calculations are accurate and timely.
• Record Keeping: Maintaining comprehensive and organized records of import costs, specifically ensuring all GDs (Goods Declarations) and related official supporting documents are readily available for verification.
• Audit and Review Support: Providing crucial support for internal audits, external cost reviews, and financial reconciliations as mandated by management or regulatory bodies, demonstrating cost transparency and adherence to valuation policies.

III. Qualifications: Required Expertise

The ideal candidate must possess the requisite professional qualifications and practical experience to excel in this specialized field.

A. Education and Certification

• Certification: Attainment of a high-level professional accounting qualification is mandatory: ACMA / ACCA / CA Inter (or Part-Qualified). This ensures a strong theoretical foundation in advanced financial and cost accounting principles.

B. Experience and Technical Skills

• Practical Experience: Minimum 3 years of relevant experience in costing, with a strong preference for candidates whose experience is specifically within a manufacturing or import-based environment where they have handled complex landed cost calculations.
• Technical Knowledge: Possess a strong understanding of cost accounting principles (Standard Costing, Absorption Costing, Marginal Costing), tax implications (Sales Tax, Income Tax in relation to imports), and strict inventory valuation methods (FIFO/Weighted Average).
• System Proficiency: Must be proficient in MS Excel for advanced data analysis and modeling, and have hands-on experience with relevant ERP systems (e.g., SAP, Oracle, Dynamics) for transactional data entry and reporting.
• Work Ethic: Demonstrate strong attention to detail and the essential ability to work under tight timelines during critical month-end and reporting cycles.

IV. Compensation and Career Progression

This specialized finance role requires professional certification and specific technical experience, placing it in a competitive tier within the Pakistani corporate finance sector.

A. Estimated Monthly Salary Range (PKR)

Given the mandatory ACMA/ACCA/CA Inter qualification and the minimum 3 years of experience in a specialized costing/import environment, the expected gross salary range is:

Factor	Estimated Monthly Gross Salary (PKR)	Notes
Assistant Manager – Costing	PKR 90,000 – 160,000	Salary is competitive, positioned at the higher end for CA Inter/Part-Qualified, reflecting the specialized skill set (landed cost, ERP, tax knowledge).
Benefits	Annual Bonus, Health/Medical, EOBI, Provident Fund	Standard corporate benefits package.

B. Career Growth

Success in this role offers a clear and specialized path to advance into roles such as Cost Manager, Financial Planning & Analysis (FP&A) Manager, or ultimately, Financial Controller, leveraging the core expertise developed in cost control and financial analysis.