Costing Officer Syed Tariq Shah – CHRP

Masood Roomi Group is hiring a Costing Officer for its Head Office in Multan. This opportunity is suitable for accounting and finance professionals with 2–3 years of relevant experience, particularly candidates who have worked in the textile industry.

The company is looking for candidates with qualifications such as B.Com, M.Com, BS Accounting & Finance, or MSc Accounting & Finance. Applicants with practical experience in material costing, production costing, cost sheet preparation, cost analysis, and variance analysis are particularly encouraged to apply.

Masood Roomi Group Costing Officer Job Overview

About the Costing Officer Position

The Costing Officer will primarily be responsible for supporting the company’s product and production costing activities.

Costing is particularly important in the textile industry because companies need to understand the actual cost of raw materials, manufacturing processes, labor, overheads, and other production-related expenses.

The selected candidate will help prepare accurate cost sheets, analyze costs, maintain costing records, and identify differences between expected and actual costs.

The position is particularly relevant for professionals who already have hands-on experience in a textile manufacturing environment.

Key Responsibilities

Material Costing

One of the main responsibilities will be material costing.

The Costing Officer will need to understand and calculate the cost of materials used during production. In a textile environment, this can involve different raw materials and production inputs depending on the business unit and manufacturing process.

Accurate material costing helps management understand product costs and make better pricing and production decisions.

Production Costing

The selected candidate should also have practical experience in production costing.

This involves analyzing the costs associated with manufacturing products and ensuring that production expenses are correctly reflected in the company’s costing records.

Candidates with previous exposure to textile manufacturing costing will have an advantage.

Cost Sheet Preparation

The job advertisement specifically requires experience in cost sheet preparation.

A cost sheet provides a structured breakdown of the different costs involved in producing a product.

Depending on the company’s costing structure, this can include:

• Material costs
• Labor costs
• Production expenses
• Manufacturing overheads
• Other relevant costs
• Total production cost

The Costing Officer must ensure that calculations are accurate and supported by appropriate financial and production information.

Cost Analysis

The role also requires strong cost analysis skills.

The selected professional will review costing information to understand how different expenses affect overall production costs.

Cost analysis can help management identify opportunities to:

• Reduce unnecessary expenses
• Improve production efficiency
• Control material consumption
• Evaluate product profitability
• Make informed pricing decisions

Strong analytical skills are therefore important for this position.

Variance Analysis

Another important requirement is variance analysis.

Variance analysis involves comparing expected or standard costs with actual costs and investigating significant differences.

For example, if the actual material cost of producing a textile product is higher than expected, the Costing Officer may need to help determine what caused the difference.

Potential causes can include changes in material prices, consumption levels, production efficiency, or other manufacturing factors.

Maintain Costing Records

The Costing Officer will also be responsible for maintaining accurate and organized costing records.

Proper records are important for financial analysis, management reporting, audits, budgeting, and future costing decisions.

Candidates should therefore demonstrate strong attention to detail and documentation skills.

Textile Industry Experience

Masood Roomi Group has indicated that candidates with previous experience in a reputed textile company will be preferred.

Experience in the following areas will be an additional advantage:

• Home Textiles
• Spinning
• Weaving

Candidates who have worked with production-based costing in these areas should highlight that experience prominently on their CV.

Qualification Requirements

Candidates should have one of the following or a relevant equivalent qualification:

• B.Com
• M.Com
• BS Accounting & Finance
• MSc Accounting & Finance

A strong educational background in accounting and finance can help candidates understand cost accounting, financial analysis, manufacturing costs, and reporting requirements.

Experience Required

Applicants should have approximately 2–3 years of relevant experience.

Preference will be given to candidates with experience in the textile industry, especially those who have already worked with manufacturing and production costing.

Relevant previous positions may include:

• Costing Officer
• Cost Accountant
• Accounts Officer – Costing
• Costing Executive
• Assistant Cost Accountant
• Costing Analyst
• Accounts Executive – Costing

Required and Preferred Skills

Candidates should highlight relevant technical skills such as:

• Cost Sheet Preparation
• Material Costing
• Production Costing
• Cost Analysis
• Variance Analysis
• Cost Accounting
• Manufacturing Costing
• ERP Systems
• MS Excel
• Costing Records
• Financial Analysis
• Textile Costing
• Data Analysis
• Reporting

Candidates should mention the specific ERP or accounting systems they have used professionally.

ERP and MS Excel Knowledge

The advertisement specifically identifies ERP and MS Excel among the important skills for this position.

For Excel, useful capabilities may include:

• Pivot Tables
• VLOOKUP/XLOOKUP
• SUMIF/SUMIFS
• Costing formulas
• Data analysis
• Variance calculations
• Costing reports
• Production data analysis

Applicants should only list functions and tools they are comfortable using professionally.

Who Should Apply?

This vacancy may be particularly suitable for accounting professionals who:

• Have 2–3 years of relevant costing experience
• Hold a B.Com, M.Com, BS or MSc in Accounting & Finance
• Understand manufacturing and production costing
• Have practical experience preparing cost sheets
• Can perform cost and variance analysis
• Have experience using ERP systems and MS Excel
• Have previously worked in textile manufacturing

Candidates from home textile, spinning, or weaving backgrounds may have an additional advantage.

Perks and Benefits

According to the vacancy announcement, Masood Roomi Group offers:

Perks & Benefits: Best as per industry standards

The advertisement does not provide a detailed salary or benefits breakdown. Candidates can discuss compensation, allowances, and other benefits with the employer during the recruitment process.

Job Location

The position is based at:

Masood Roomi Group – Multan Head Office

Candidates should consider the location before applying, particularly if they currently live outside Multan.

How to Apply

Interested candidates can send their updated CV to:

Email: [email protected]

A suitable email subject could be:

Application for Costing Officer – Multan

Your CV should clearly highlight your relevant costing experience, particularly any experience gained within textile manufacturing.

Tips to Improve Your CV for This Position

Candidates should tailor their CV around the specific costing requirements mentioned in the vacancy.

Highlight achievements and responsibilities involving:

• Preparation of product cost sheets
• Raw material costing
• Production costing
• Standard versus actual cost analysis
• Variance analysis
• ERP-based costing
• Textile manufacturing processes
• Monthly costing reports
• Cost-control initiatives
• MS Excel reporting

Where possible, include measurable achievements. For example, mention how many product cost sheets you handled, whether you identified significant cost savings, or how you improved the accuracy or efficiency of costing reports.

Why This Role Can Be a Good Career Opportunity

The Costing Officer position can be valuable for accounting professionals who want to specialize in cost and management accounting within the manufacturing sector.

Practical exposure to textile costing, ERP systems, production processes, and variance analysis can help professionals develop skills relevant to future positions such as Senior Costing Officer, Cost Accountant, Assistant Manager Costing, or Costing Manager.

Actual career progression will depend on individual performance, organizational structure, and available opportunities.

[email protected]