Fakir Knitwears Ltd., one of Bangladesh's leading knitwear and garment manufacturing organizations under the Fakir Group, is seeking a highly experienced and technically proficient professional for the position of AGM / Sr. Manager – Cost & Budget at its Narayanganj facility. The incumbent will be responsible for leading and managing all functions of the Costing Department alongside organization-wide budgeting and cost-control activities — from pre-costing and order-wise costing to annual budget preparation, cost variance analysis, and profitability reporting. This is a strategic and senior-level role requiring comprehensive mastery of garment and knitwear costing combined with strong financial planning and budgetary control expertise. The ideal candidate must be capable of managing a team, working with multiple international buyers, and contributing directly to management decision-making through accurate and timely cost and budget data.

Lead and manage all activities of the Costing Department — including pre-costing, final costing, order-wise cost analysis, and post-shipment cost reconciliation.

Prepare accurate and detailed garment/knitwear cost sheets including fabric consumption, trims & accessories, CM (Cut & Make), overhead allocation, and profit margin calculation.

Conduct pre-costing at the sampling/development stage and provide competitive cost breakdowns to the Merchandising and Marketing teams for buyer negotiations.

Analyze and calculate fabric consumption (knitting, dyeing, finishing) along with wastage factors to ensure accurate costing for each style/order.

Prepare the organization's Annual Budget covering production, factory overhead, administrative, and capital expenditure across all units.

Develop department-wise and unit-wise budgets in coordination with Production, Commercial, HR, and Finance departments; consolidate into a master budget.

Monitor monthly and quarterly budget vs. actual performance; analyze variances and present corrective action recommendations to management.

Calculate Cost of Goods Sold (COGS), contribution margin, and order profitability for each buyer and style; present reports to senior management.

Develop and maintain standard costing rates for direct labor, machine utilization, and factory overhead in coordination with Finance and Production.