CFO/Head of Finance

Job Description

Title: CFO/Head of Finance

Company Name: Rangs Pharmaceuticals Ltd.

Vacancy: 01

Age: at least 40 years

Location: Dhaka

Salary: Negotiable

Experience:
∎ 15 to 20 years
∎ The applicants should have experience in the following business area(s):Pharmaceutical/Medicine Companies

Published: 13 Feb 2024

Education:
∎ Master of Commerce (MCom) in Accounting, Master of Business Administration (MBA) in Finance
∎ Professional Qualification - FCA / FCMA

Requirements:

Additional Requirements:
∎ Age at least 40 years
∎ Extensive experience in leadership roles, with a minimum of 15-20 years of experience
∎ Effective communication and interpersonal skills to foster collaboration across different functions
∎ Self-motivated & to have the capability of accepting challenges & aptitude to deliver

Responsibilities & Context:
∎ Develop and execute the organization's financial strategy, aligning it with overall business objectives.
∎ Ensure accurate and timely financial reporting in compliance with relevant regulations and accounting standards. This involves preparing financial statements, managing audits, and communicating financial results to stakeholders.
∎ Lead the budgeting, forecasting, and financial planning processes. Provide regular financial reports, analysis, and insights to support decision-making by the executive team.
∎ Identifying and assessing potential risks, such as market fluctuations, currency exchange rate fluctuations, credit risks etc. and develop strategies to manage and minimize these risks. Determine the optimal mix of equity and debt to fund the company's operations and growth initiatives, managing relationships with investors, and financial institutions to secure funding.
∎ Implementation of new ERP system, leverage technology and financial systems to streamline processes, enhance efficiency, and improve the accuracy of financial reporting.
∎ Ensure that a robust costing system is maintained to provide management with high quality information to formulate pricing policies and determine product margin/ profitability.
∎ Corporate Tax, VAT and Customs management, liaison with all relevant tax, VAT authorities.
∎ Review, assess, and recommend improvements to policies, procedures, and internal controls over financial & operational reporting and safeguarding of company assets.
∎ Company secretarial activities - holding of Board Meeting, Annual General Meeting, ensuring compliance with Corporate Regulations, share transfer process etc. Dealing with Bangladesh Bank, BIDA and RJSC related matters.
∎ Oversee cash flow, liquidity, and working capital management. Make strategic decisions regarding investments, financing, and capital structure.
∎ Build and lead a high-performing finance team. Provide guidance and mentorship to team members, fostering a culture of continuous improvement and professional development.
∎ This position is a crucial executive-level position in Rangs Pharma, who is responsible for managing and overseeing the financial aspects of the business. Strong analytical skills, strategic thinking, leadership abilities, and a deep understanding of financial principles are essential to perform this role. Additionally, effective communication and collaboration with other departments and stakeholders are critical for aligning financial strategies with overall business objectives.
∎ Develop and execute the organization's financial strategy, aligning it with overall business objectives.
∎ Ensure accurate and timely financial reporting in compliance with relevant regulations and accounting standards. This involves preparing financial statements, managing audits, and communicating financial results to stakeholders.
∎ Lead the budgeting, forecasting, and financial planning processes. Provide regular financial reports, analysis, and insights to support decision-making by the executive team.
∎ Identifying and assessing potential risks, such as market fluctuations, currency exchange rate fluctuations, credit risks etc. and develop strategies to manage and minimize these risks. Determine the optimal mix of equity and debt to fund the company's operations and growth initiatives, managing relationships with investors, and financial institutions to secure funding.
∎ Implementation of new ERP system, leverage technology and financial systems to streamline processes, enhance efficiency, and improve the accuracy of financial reporting.
∎ Ensure that a robust costing system is maintained to provide management with high quality information to formulate pricing policies and determine product margin/ profitability.
∎ Corporate Tax, VAT and Customs management, liaison with all relevant tax, VAT authorities.
∎ Review, assess, and recommend improvements to policies, procedures, and internal controls over financial & operational reporting and safeguarding of company assets.
∎ Company secretarial activities - holding of Board Meeting, Annual General Meeting, ensuring compliance with Corporate Regulations, share transfer process etc. Dealing with Bangladesh Bank, BIDA and RJSC related matters.
∎ Oversee cash flow, liquidity, and working capital management. Make strategic decisions regarding investments, financing, and capital structure.
∎ Build and lead a high-performing finance team. Provide guidance and mentorship to team members, fostering a culture of continuous improvement and professional development.

Compensation & Other Benefits:
∎ Mobile bill, Provident fund, Gratuity
∎ Salary Review: Yearly
∎ Festival Bonus: 2

Workplace:
∎ Work at office

Employment Status: Full Time

Gender:
∎ Only Male

Job Location: Dhaka

Company Information:
∎ Rangs Pharmaceuticals Ltd.
∎ Rangs Bhaban, 117/A, Level-5, Bijoy Sharani, Old Airport Road, Tejgaon, Dhaka-1215..
∎ Manufacturing pharmaceuticals products, marketing, distribution and sales.

Address::
∎ Rangs Bhaban, 117/A, Level-5, Bijoy Sharani, Old Airport Road, Tejgaon, Dhaka-1215..
∎ Manufacturing pharmaceuticals products, marketing, distribution and sales.

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

Application Deadline: 14 Mar 2024

Category: Accounting/Finance

Source: bdjobs.com

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