CFO/GM - Finance & Accounts (Garments Unit)

Job Description

Title: CFO/GM - Finance & Accounts (Garments Unit)

Company Name: Silver Line Group

Vacancy: 1

Age: 40 to 60 years

Location: Dhaka (GULSHAN 1)

Salary: Negotiable

∎ At least 25 years
∎ The applicants should have experience in the following business area(s):Garments, Group of Companies

Published: 12 May 2024

∎ Master of Business Administration (MBA) in Accounting
∎ Master of Business Administration (MBA) in Finance
∎ FCA/FCMA with MBA in Accounts/Finance will get preference.
∎ FCA/FCMA with MBA in Accounts/Finance will get preference.


Additional Requirements:
∎ Age 40 to 60 years
∎ At least 25 year(s) experience required in 100% Export Oriented Woven Garments in Bangladesh; In-depth understanding of operational issues and policy work at state, national and international levels; Sound and up-to-date knowledge of development concepts, methodologies and techniques including demonstrated expertise; Excellent management leadership skills as well as facilitation and capacity building for inter-linkages between Senior Officials and Management/ BODs; Conceptual, analytical, documentation and presentation skills; Proficiency in English language and a familiarity with the particular country environment as if effects development strategies;

Responsibilities & Context:
∎ Silver Composite Textile Mills Ltd (Woven Garments) is a Manufacturing company in Bangladesh producing a wide range of export oriented garments to meet the demand of global brands. The position is accountable for growth & control of the entire Garments Division by effectively managing financial accounting, Management Accounting, Budgeting and Internal Controls, Banking, Taxation and VAT and ERM, in terms of Accounts & Financial operations smoothly.
∎ Analysis financial statements, and prepares financial reports and recommendations to Top Management concerning financial performance.
∎ Check, confirm and report daily production report and efficiency.
∎ Check, confirm and report on the activities of merchandising department and CAD department to ensure an expectable pre-order and post order costing & budgeting.
∎ Control and report on the daily and monthly activities and total activities of chain store management.
∎ Control and report over the total commercial activities including bond, customs etc.
∎ Report and suggest for the production, sales and financial forecasting of the company.
∎ Maintain proper cost record and determine material cost, labor cost, factory overhead, and Work in Process.
∎ Control and report on total import, export and banking activities of the company Required Vast Knowledge of Tax, VAT, Company Law etc and knowledge in ERP Software.
∎ Oversee the development, implementation that assist in enhancing short range and long range financial stability.
∎ Collaborate with senior management team on organizational planning and decision making.
∎ Oversee organizational procurement, payroll, and contracts functions and ensure best practices and efficiency.
∎ Overall responsibilities of management reporting covering all financial aspects. Good Knowledge about financial management, including financial planning, budget, and control to obtain the highest service advantage with a minimum cost impact, cost Control and Cost Savings, etc .
∎ Monitor daily/monthly performance reporting and Analysis. (Financial statements and KPI's).
∎ Factory Performance Evaluation and efficiency analysis.
∎ Coordinate in preparation of annual budget and monthly evaluations.
∎ Assist in monitoring and arrangement of capital expenditure of the company.
∎ Bank Financing, Banking liability & overdue statement prepare. Submit monthly business result with variance analysis.
∎ Assure books/records and system are kept according to accounting standards as per IFRSs.
∎ Monitor and following up Working Capital Management and Recommended improvement areas.
∎ Review financial statements to prepare consolidated financial statements periodically.
∎ Prepare, Co-ordinate and review monthly/annual budgets and its timely submissions.
∎ Oversee Corporate Insurance and Risk Management. Assess and evaluate financial performance of organization with regard to long-term operational goals, budgets and forecasts; Develop and maintain monthly operating budget and annual company operating budget.
∎ Develop management reporting/ analytical tools/ key indicators for accounts and finance section and report to the top management time to time and whenever required.
∎ Focus on cost saving, efficiency programs, Product profitability and Investment.
∎ Analysis and reporting.
∎ Work with various department heads to upgrade internal controls, reporting systems, corporate policies & procedures and implementation of the same where needed.
∎ Ensure proper JD and KPIs are set for subordinates, evaluate staff performance and provide feed-back, mentor for improvement, ensure discipline, identify training needs & facilitate training, and manage their career development.
∎ Any other works and activities to run smoothly and efficiently of the Woven Garments.

Skills & Expertise:

Compensation & Other Benefits:
∎ As per company policy

Employment Status: Full Time

Job Location: Dhaka (GULSHAN 1)

Company Information:
∎ Silver Line Group
∎ Silver Tower (17th Floor), 52 Gulshan Avenue, Gulshan - 1, Dhaka - 1212

∎ Silver Tower (17th Floor), 52 Gulshan Avenue, Gulshan - 1, Dhaka - 1212

Read Before Apply: Please apply only who are fulfilling all the requirements of this job

Application Deadline: 31 May 2024

Category: Accounting/Finance


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