AGM, Accounts & Finance

Job Description

Title: AGM, Accounts & Finance

Company Name: Madina Cement Industries Ltd.

Vacancy: 01

Job Location: Dhaka Division

Employment Status: Full-time

Educational Requirements:
∎ Master of Business Administration (MBA) in Accounting, Master of Commerce (MCom) in Accounting, Finance
∎ FCA with Masters/ MBA (Accounting/Finance) from any public/reputed private Universities with good academic record.

Experience Requirements:
∎ 12 to 15 year(s)
∎ The applicants should have experience in the following area(s): Accounts, Finance, Strategic Planning
∎ The applicants should have experience in the following business area(s): Group of Companies, Multinational Companies

Job Responsibilities:
∎ In- charge of Business Analysis, internal audit, internal financial controls, Acquisitions, special assignments; mainly including
∎ Management reporting, Board reporting
∎ Financial Analysis of the divisional financial and technical performance, variance analysis, presentations to the board
∎ Co-ordination between various divisions/units, Management and Internal auditors for various points raised by internal auditors and their reporting to the audit committee
∎ Analyzing various proposals for acquisitions, its due diligence, financial modeling, providing recommendations to the management
∎ Special jobs akin to the above requiring special attentions
∎ Experience in internal audit and business analysis would be preferable with the followings:
∎ A. Corporate Planning & Systems
∎ Involved in corporate planning during organizational restructuring at all levels
∎ Involved in formulation of various systems, policies, procedures, commensurate with the need of the company
∎ Involved in Financial projections of collaborations / joint ventures envisaged
∎ B. Finance
∎ Budgeting, Forecasting, Cost & Credit Control, Margin Analysis, Costing & Profitability Analysis and Management Reporting
∎ Preparation and submission of applications to Financial Institutions for financial assistance in form of Term Loans, Short Term Deposits and timely follow up for necessary sanctions, documentations and disbursements
∎ Procurement of Foreign Exchange Loans under different lines of credit and arranging guarantees from Financial Institutions for foreign currency loans in favor of foreign lenders
∎ Surplus Fund Management in terms of placement of inter-corporate deposits to Corporate
∎ C. Banking and Working Capital
∎ Preparation and appraisal of working capital proposal
∎ Fixing up arrangements of working capital
∎ Bill Discounting and L/C backed Bill discounting at competitive interest rates
∎ Arranging Letters of Credit and Bank Guarantee
∎ Arranging Suppliers' Credit and Buyers' Credit
∎ Placement of commercial papers
∎ Liaisoning with Senior Officials of Banks, Financial Institutions, Finance Companies, Mutual Funds, etc.
∎ D. Accounts & Audit
∎ Finalization of accounts, divisional & branch accounting
∎ Attending statutory auditors, internal auditors
∎ Stores/ Materials accounting
∎ Tax audit details preparation
∎ Computerized accounting
∎ Debtors' management and credit control
∎ Accounting Standards and their implementation
∎ Insurance Portfolio
∎ E. Taxation
∎ Oversee Personal taxation - employees
∎ Oversee Filing of returns and attending tax authorities for assessments and appeals
∎ F. MIS, Budgeting & Costing
∎ Costing - product and process
∎ Budget preparation and Budgetary controls

Additional Requirements:
∎ Age 40 to 50 years
∎ Only males are allowed to apply
∎ Qualified CA/ICWA/MBA/MCom with 10 - 12yrs of total work experience in service industry
∎ 5 -7 years in the position of GM in a mid sized / large Company BPO into Finance & Accounting function
∎ Candidate must be fully conversant with Fund Raising and Fund Management
∎ Candidate must be fully conversant with Budgeting, Forecasting, Cost & Credit Control, Margin Analysis, Costing & Profitability Analysis and Management Reporting
∎ Candidate must be very well versed in dealing with Banks and Financial Institutions
∎ Candidate must be experienced with arranging Project Finance for various projects as well as Expansions etc.
∎ Knowledge of innovative Financing Structures and Funding Mechanisms will serve as an added advantage for the applicant
∎ Candidate should be smart and articulate with good communication and presentation skill

Salary: Negotiable

Compensation & Other Benefits:
∎ Mobile bill, Tour allowance, Medical allowance
∎ Lunch Facilities: Partially Subsidize
∎ Salary Review: Yearly
∎ Festival Bonus: 2
∎ As per company policy

Application Deadline: July 14, 2019

Company Information:
∎ Madina Cement Industries Ltd.
∎ Address : Madina Square, 64/A, Shahid Buddhijibi Munir Chowdhury Sharak, Dhanmondi, Dhaka-1205
∎ Web : www.madina.co
∎ Business : Madina Group, a leading private sector business conglomerate in the country, commenced business in the year of 1978 in the name and style of Madina Trading Corporation. Initially it was engaged in marketing of cement after purchasing from the local importers. In 1982 it started importing quality cement from Indonesia, China, South Korea and other countries. It emerged as a private limited company in 1987. From the very inception, the company never looked back. It diversified its business following a successful operation over the last two decades which resulted in Madina Trading Corporation to take the shape of Madina Group. The Madina Group now comprises the following concerns: -
Madina Trading Corporation (Pvt.) Ltd. -
Madina Cement Industries Ltd. -
Madina Poly Fibre Ltd. -
Madina Cement Mills Ltd. -
Madina Maritime Ltd. -
Madina Developments Ltd. -
Madina Polymer Industries Ltd. -
Madina Heemagar Lid. -
Madina Fruits Ltd. -
Fleet International Ltd. -
Bismillah Navigation -
MMR (Bangladesh)
Each and every business concern has proved a very successful in its respective areas. They are making steady progress either in manufacturing quality products or providing better services. Madina Group has become a well known name in the business arena of the country.

Category: Accounting/Finance

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