Assistant Manager – Cash Incentive Accounts
Job Description
Title: Assistant Manager – Cash Incentive Accounts
Company Name: 100% export-oriented a leading garments manufacturing company.
Vacancy: --
Age: 32 to 40 years
Location: Dhaka
Salary: Negotiable
Experience:
∎ 7 to 12 years
∎ The applicants should have experience in the following business area(s):Garments, Group of Companies
Published: 30 Nov 2024
Education:
∎ Master’s/Bachelor’s degree in Accounting/Finance/ or a related field.
∎ A Master’s degree or professional qualifications such as CA-CC or ICMAB Part Qualification are preferred but may be relaxed for experienced candidates in this sector.
∎ Master’s/Bachelor’s degree in Accounting/Finance/ or a related field.
∎ A Master’s degree or professional qualifications such as CA-CC or ICMAB Part Qualification are preferred but may be relaxed for experienced candidates in this sector.
Requirements:
Additional Requirements:
∎ Age 32 to 40 years
∎ 5–8 years of experience in incentive account management, compensation analysis, or related roles.
∎ Strong analytical skills with proficiency in tools like Excel, Power BI, or similar platforms.
∎ Excellent communication and stakeholder management abilities.
∎ Attention to detail and ability to work under tight deadlines.
∎ Knowledge of incentive program design and best practices.
∎ 5–8 years of experience in incentive account management, compensation analysis, or related roles.
∎ Strong analytical skills with proficiency in tools like Excel, Power BI, or similar platforms.
∎ Excellent communication and stakeholder management abilities.
∎ Attention to detail and ability to work under tight deadlines.
∎ Knowledge of incentive program design and best practices.
Responsibilities & Context:
∎ A leading 100% export-oriented group of companies is seeking an Assistant Manager – Alternative Cash Assistance Files (Cash Incentive Accounts). This role is responsible for managing the administration, tracking, and optimization of cash incentive programs. The successful candidate will ensure accurate processing, reporting, and analysis of incentive accounts while collaborating with internal teams and external stakeholders such as banks, audit firms, and government agencies to align incentive programs with organizational goals.
∎ Incentive Program Administration:Manage the end-to-end process of alternative cash assistance and incentive plans, including preparation, submission, and compliance with Bangladesh Bank regulations.Ensure timely and accurate calculation of incentives in alignment with regulatory policies application submitted to the commercial banks.Collaborate with relevant stakeholders i.e. Commercial Bank, Audit Firm, Bangladesh Bank and Government Audit Agencies to gather and validate incentive amount along with relevant information.
∎ Account Management:Maintain detailed and accurate records of all cash incentive accounts and ensure regular reconciliation.Analyze incentive trends and provide insights for optimizing program effectiveness.Promptly resolve any discrepancies or issues related to incentive accounts.
∎ Reporting & Analysis:Prepare detailed and timely reports on cash incentive performance metrics for management review.Develop and maintain dashboards to track KPIs and improve transparency.Provide actionable recommendations based on data analysis to enhance the efficiency of incentive structures.
∎ Stakeholder Collaboration:Liaise with commercial banks, audit firms, government audit agencies, and internal teams such as finance and commercial to align incentive goals with organizational objectives.Act as the primary point of contact for all cash incentive-related queries and escalations.
∎ Compliance & Policy Adherence:Ensure all cash incentive processes comply with local regulations, Bangladesh Bank policies, and internal company policies.Regularly review and update incentive processing procedures to maintain audit readiness and ensure alignment with regulatory changes.
∎ Job Context:-
∎ A leading 100% export-oriented group of companies is seeking an Assistant Manager – Alternative Cash Assistance Files (Cash Incentive Accounts). This role is responsible for managing the administration, tracking, and optimization of cash incentive programs. The successful candidate will ensure accurate processing, reporting, and analysis of incentive accounts while collaborating with internal teams and external stakeholders such as banks, audit firms, and government agencies to align incentive programs with organizational goals.
∎ Job Responsibilities:-
∎ Incentive Program Administration:
∎ Manage the end-to-end process of alternative cash assistance and incentive plans, including preparation, submission, and compliance with Bangladesh Bank regulations.
∎ Ensure timely and accurate calculation of incentives in alignment with regulatory policies application submitted to the commercial banks.
∎ Collaborate with relevant stakeholders i.e. Commercial Bank, Audit Firm, Bangladesh Bank and Government Audit Agencies to gather and validate incentive amount along with relevant information.
∎ Account Management:
∎ Maintain detailed and accurate records of all cash incentive accounts and ensure regular reconciliation.
∎ Analyze incentive trends and provide insights for optimizing program effectiveness.
∎ Promptly resolve any discrepancies or issues related to incentive accounts.
∎ Reporting & Analysis:
∎ Prepare detailed and timely reports on cash incentive performance metrics for management review.
∎ Develop and maintain dashboards to track KPIs and improve transparency.
∎ Provide actionable recommendations based on data analysis to enhance the efficiency of incentive structures.
∎ Stakeholder Collaboration:
∎ Liaise with commercial banks, audit firms, government audit agencies, and internal teams such as finance and commercial to align incentive goals with organizational objectives.
∎ Act as the primary point of contact for all cash incentive-related queries and escalations.
∎ Compliance & Policy Adherence:
∎ Ensure all cash incentive processes comply with local regulations, Bangladesh Bank policies, and internal company policies.
∎ Regularly review and update incentive processing procedures to maintain audit readiness and ensure alignment with regulatory changes.
Skills & Expertise:
Compensation & Other Benefits:
∎ Mobile bill
∎ Lunch Facilities: Full Subsidize
∎ Salary Review: Yearly
∎ Festival Bonus: 2
∎ Competitive salary.
∎ Health and wellness benefits.
∎ Professional development opportunities.
∎ A collaborative and inclusive work environment.
∎ Provident Found.
∎ Weekly Alternative Saturday off.
∎ Others per company policy.
∎ Competitive salary.
∎ Health and wellness benefits.
∎ Professional development opportunities.
∎ A collaborative and inclusive work environment.
∎ Provident Found.
∎ Weekly Alternative Saturday off.
∎ Others per company policy.
Workplace:
∎ Work at office
Employment Status: Full Time
Job Location: Dhaka
Company Information:
∎ 100% export-oriented a leading garments manufacturing company.
Read Before Apply: Please apply only who are fulfilling all the requirements of this job
Application Deadline: 30 Dec 2024
Category: Accounting/Finance
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