AGM / DGM (Finance & Accounts)
Job Description
Title: AGM / DGM (Finance & Accounts)
Company Name: Fakir Knitwears Ltd.
Vacancy: Not specific
Job Location: Narayanganj
Employment Status: Full-time
Educational Requirements:
∎ CA & CMA with Master's in Accounting
∎ Skills Required: Adaptability, Communication and collaboration, Planning and organizing, Problem Solving, Process Oriented, Project Management, Time Management
Experience Requirements:
∎ 5 to 10 year(s)
Job Responsibilities:
∎ Preparation of financial reports and submit to management as per schedule and deliverables reporting package covering the requirements for financial accounting, cost & management accounting, regulatory accounting and financial management.
∎ Ensure regulatory compliance on account of Tax, VAT, Bond, Customs, Import & Export, Foreign Guidelines-Central Bank, RJSC, Licensing Authorities.
∎ Reduce indirect cost by budgetary & internal control.
∎ Prudent management of Deficit Finance following cash budget with a quest of low cost finance.
∎ Timely submission of financial reports to all banks & financial institutions.
∎ Reduce cost to company on A/c of SOPs and its implementation for efficient financial administrations and management.
∎ Participate in development and implement financial strategies, cost & management & financial accounting plans, budgets and policies in consensus with the company’s goals.
∎ Partner/ work closely with the MD in planning and execution of expansion plans, setting up of new businesses and increasing net worth of existing businesses.
∎ Ensure funds management in most effective and profitable manner and mitigating risks associated with financial management & operations.
∎ Ensure compliance against accounting standards, Govt. taxation policies, company-law and internal company policies.
∎ Work with costs and management accounting team and ensure efficiency by analyzing production and utilization of budget and budget plan, analysis of variance and efficiency, cost-volume- profit analysis and capital budgeting.
∎ Prepare capital & revenue budget, functional budget, material budget, manpower budget, etc. for each department/ center wise for tracking resources & their monetary value.
∎ Analysis of buyer wise profitability reports, cost category, department and vision wise expense report, resource utilization reports for input & Output analysis, etc.
∎ Prepare interim & closing reports to monitor export progress covering shipment proceeds, realization, pre-shipment & post shipment financing activities.
∎ Establish and maintain relationships with banks for smooth execution of bill discounting arrangements and raising regular credit limits.
∎ Guide team on customs issues, import/export transactions and support team in dealings with foreign buyers.
∎ Prepare & present analysis from cash flow variance report, borrowed capital and credit performance reports with root cause analysis to manage corporate finance.
∎ Develop an effective team by providing leadership, motivation and support to the team.
∎ Cultivate a cohesive, creative, and comfortable working environment, mediating any interpersonal issues within the team.
∎ Ensure that all members understand the team’s objectives and work together to achieve it. Constant monitoring to ensure that everyone is working towards the same goal.
∎ Capable to handle cash incentive for a garments industry.
Additional Requirements:
∎ Age 30 to 45 years
∎ 5-15 years of experience, with at least 10 years of experience in managing finance & accounts in related industry along with 5 years in Garments Manufacturing.
∎ Experience in managing audits in manufacturing setups would be an additional point.
∎ Exposure of internal audit in similar industry.
∎ Knowledge and strong understanding of textile and garments manufacturing processes, preferably for EU markets.
∎ Experience in financial planning & execution, profitability, process-improvement, corporate finance, budgeting, MIS etc. in related industry. Significant experience of implementing global accounting standards and knowledge of cost & management accounting, regulatory compliance, and reporting.
∎ Proficient in using ERP, Tally, MS Office and other related accounting software
Salary: Negotiable
Compensation & Other Benefits:
∎ As per company policy
Job Source: Bdjobs.com Online Job Posting.
Application Deadline: 10 Mar 2023
Company Information:
∎ 27 Feb 2023
∎ Fakir Knitwears Ltd.
∎ Address : Kayempur, Fatullah, Narayanganj-1420
∎ Web : www.fakirknit.com
∎ Business : 100 % Export Oriented Garments Industry .
Category: Accounting/Finance
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