Accounts Officer

Job Description

Title: Accounts Officer

Company Name: Colour-Tex Label & Accessories

Vacancy: 5

Age: 28 to 35 years

Job Location: Dhaka (Tejgaon)

Salary: Negotiable

Experience:

• At least 3 years

• Bachelor of Business Administration (BBA) in Accounting, Master of Business Administration (MBA)

• At least 3 years

• Age 28 to 35 years

• Skills & Expertise: Buying and garments
• Proven experience as an accountant, with specific experience in the garment industry and buying house operations.
• Strong understanding of VAT and tax practices, including compliance requirements.
• Proficiency in Microsoft Excel and accounting software.
• Experience in managing office accounts and employee payroll.
• Excellent organizational skills, attention to detail, and ability to manage multiple priorities. Strong communication skills and the ability to work effectively with various stakeholders.

Responsibilities & Context:

• Financial Management: Prepare and audit financial accounts with all relevant documentation. Analyses financial statements to support business decisions and strategies.
• Tax & VAT Compliance: Handle preparation and filing of annual tax returns and VAT submissions. Ensure accurate VAT calculations, deductions, and compliance with NBR regulations. Manage TDS (Tax Deducted at Source) and VDS (Value Added Tax Deducted at Source) deductions from vendor bills.
• Bank Reconciliation & Transactions: Reconcile monthly bank accounts and inter-company transactions. Address and resolve any discrepancies in financial records.
• Expense Management: Track and manage buying house expenses, including procurement and operational costs. Ensure timely and accurate payments to suppliers and vendors.
• Buyer Payments & Receivables: Process payments from buyers and ensure correct recording in financial systems. Monitor and follow up on outstanding receivables to ensure timely collection.
• Office Accounts & Payroll: Manage office expenses, including utilities, supplies, and other administrative costs. Process and administer monthly employee salaries, including tax and benefits deductions. Maintain daily financial records and handle payroll-related queries.
• Regulatory Compliance & Reporting: Ensure timely submission of all required legal documents related to tax and VAT. Prepare and present monthly financial reports to management, including detailed expense and payroll summaries.