AVP-VP (Finance & Accounts Department)

Job Description

Title: AVP-VP (Finance & Accounts Department)

Company Name: South Asia Insurance Company Limited

Vacancy: 1

Age: at most 45 years

Location: Dhaka

Minimum Salary: Negotiable

Experience:
∎ At least 5 years
∎ The applicants should have experience in the following business area(s):Insurance

Published: 24 Feb 2025

Education:
∎ MBS/ M.Com/ MBA in Accounting / Finance
∎ Candidates having completed the CA (CC)/ course from a reputed CA firm along with knowledge level/certificate level certification will be given preference.
∎ MBS/ M.Com/ MBA in Accounting / Finance
∎ Candidates having completed the CA (CC)/ course from a reputed CA firm along with knowledge level/certificate level certification will be given preference.

Requirements:

Additional Requirements:
∎ Age at most 45 years
∎ The applicants should have knowledge on IAS, IFRS, Insurance Act & rule, IDRA Circulars, Income Tax Act-2023, Vat Act-2012 and other relevant laws of Bangladesh.
∎ Hardworking, honest & straight forward.
∎ Proactive & willing to take challenge.
∎ Excellent proficiency in MS-Office i.e. Excel & Word etc.
∎ Detail oriented and able to understand & follow instructions in right perspective.
∎ The applicants should have knowledge on IAS, IFRS, Insurance Act & rule, IDRA Circulars, Income Tax Act-2023, Vat Act-2012 and other relevant laws of Bangladesh.
∎ Hardworking, honest & straight forward.
∎ Proactive & willing to take challenge.
∎ Excellent proficiency in MS-Office i.e. Excel & Word etc.
∎ Detail oriented and able to understand & follow instructions in right perspective.

Responsibilities & Context:
∎ To prepare the 1st Quarter, 2nd Quarter, 3rd Quarter and Annual Accounts of the Company.
∎ To prepare the realistic Budget of the Branches.
∎ To check and sign all cash payment vouchers and cheque payment vouchers after necessary checking & ensuring proper heads of Accounts.
∎ To look after and ensure payment of all agency commission.
∎ To ensure monthly payment of premium VAT.
∎ To ensure recording of proper books of accounts as required by law including fixed asset register.
∎ To calculate and pay quarterly advance tax of the Company.
∎ To assist the statutory and special audits. To maintain all the rules and regulations of the Company & Rules and Regulations of IDRA and ensure financial payments timely.
∎ To ensure departmental cooperation and functioning.
∎ To ensure maintenance of proper books of accounts and timely submission of financial, administrative and other information to the IDRA & other regulatory authorities.
∎ To manage efficiently and effectively the Company’s fund and take appropriate steps to prohibit, minimize & probable misuse of fund.
∎ To assist the CFO as and when required.
∎ To administer the Accounts & Finance Department in absence of the CFO.
∎ Any other jobs assigned by the CEO & CFO from time to time.
∎ A well reputed non-life Insurance Company in Bangladesh, having unique corporate & congenial working environment with 100% online system is looking for ambitious, confident, highly motivated and energized individuals for the appointment in the above Post:
∎ Job Responsibilities
∎ To prepare the 1st Quarter, 2nd Quarter, 3rd Quarter and Annual Accounts of the Company.
∎ To prepare the realistic Budget of the Branches.
∎ To check and sign all cash payment vouchers and cheque payment vouchers after necessary checking & ensuring proper heads of Accounts.
∎ To look after and ensure payment of all agency commission.
∎ To ensure monthly payment of premium VAT.
∎ To ensure recording of proper books of accounts as required by law including fixed asset register.
∎ To calculate and pay quarterly advance tax of the Company.
∎ To assist the statutory and special audits. To maintain all the rules and regulations of the Company & Rules and Regulations of IDRA and ensure financial payments timely.
∎ To ensure departmental cooperation and functioning.
∎ To ensure maintenance of proper books of accounts and timely submission of financial, administrative and other information to the IDRA & other regulatory authorities.
∎ To manage efficiently and effectively the Company’s fund and take appropriate steps to prohibit, minimize & probable misuse of fund.
∎ To assist the CFO as and when required.
∎ To administer the Accounts & Finance Department in absence of the CFO.
∎ Any other jobs assigned by the CEO & CFO from time to time.

Skills & Expertise:

Compensation & Other Benefits:
∎ As per Company Policy.
∎ As per Company Policy.

Employment Status: Full Time

Job Location: Dhaka

Read Before Apply: Only short listed candidates will be called for interview.

Apply Procedure:

Email your CV:
∎ Send your CV to the given email [email protected]

Company Information:
∎ South Asia Insurance Company Limited
∎ Head Office: green city Edge (14th Floor), , Dhaka kakrail. Dhaka
∎ South Asia Insurance Company Ltd., a pioneer in private sector general insurance.

Address::
∎ Head Office: green city Edge (14th Floor), , Dhaka kakrail. Dhaka
∎ South Asia Insurance Company Ltd., a pioneer in private sector general insurance.

Application Deadline: 15 Mar 2025

Category: Accounting/Finance

Interested By University

University Percentage (%)
National University 17.27%
University of Dhaka 8.12%
Jagannath University 4.49%
University of Rajshahi 1.55%
Jahangirnagar University 1.38%
Southeast University 1.38%
Islamic University 0.86%
0.86%
Stamford University Bangladesh 0.86%
University of Chittagong 0.86%

Interested By Age Range

Age Range Percentage (%)
20-30 45.60%
31-35 21.59%
36-40 13.13%
40+ 17.62%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 8.12%
20K-30K 24.01%
30K-40K 17.62%
40K-50K 9.15%
50K+ 41.11%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 22.11%
0.1 - 1 years 8.12%
1.1 - 3 years 14.51%
3.1 - 5 years 12.44%
5+ years 42.83%

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