Job Description
Title: Chief Financial Officer (CFO)
Company Name: A Reputed Group of Companies
Vacancy: --
Age: 35 to 45 years
Location: Dhaka
Experience:
∎ At least 10 years
Published: 1 Jul 2024
Education:
∎ An associate or fellow member of the Institute of Chartered Accountants of Bangladesh (ICAB)/ACA/FCA
∎ An MBA degree or qualification in Finance and Accounting from a reputable university
∎ An associate or fellow member of the Institute of Chartered Accountants of Bangladesh (ICAB)/ACA/FCA
∎ An MBA degree or qualification in Finance and Accounting from a reputable university
Requirements:
Additional Requirements:
∎ Age 35 to 45 years
∎ Experience: Minimum of 10 years of progressive experience in Financial Management in reputable business organizations.
∎ Strong understanding of GAAP, IFRS and other accounting principles.
∎ Proficiency in financial software and ERP systems.
∎ Excellent written and verbal communication skills in English and Bengali
∎ Strong leadership and team management capabilities.
∎ Effective communication and interpersonal skills.
∎ High level of integrity and attention to detail.
∎ Good knowledge of financial modelling and reporting templates with advanced skills in MS Excel.
∎ Strong proficiency in preparing charts and presentations, and in all MS Office applications including Word and PowerPoint.
∎ Good accounting knowledge with appropriate analytical competency and skills
∎ Strong interpersonal, collaboration and communications skills and ability to build relationships at all levels of the organization.
∎ Excellent organizational, planning, time management and problem-solving skills
∎ A proactive approach to business initiatives, including the ability to multitask, think creatively, identify issues and present solutions.
∎ High sensitivity and awareness of working with people of many cultural backgrounds
∎ Driven by a strong personal sense of integrity, including holding confidential information and upholding exemplary quality standards.
∎ Experience: Minimum of 10 years of progressive experience in Financial Management in reputable business organizations.
∎ Other Skills:
∎ Strong understanding of GAAP, IFRS and other accounting principles.
∎ Proficiency in financial software and ERP systems.
∎ Excellent written and verbal communication skills in English and Bengali
∎ Strong leadership and team management capabilities.
∎ Effective communication and interpersonal skills.
∎ High level of integrity and attention to detail.
∎ Good knowledge of financial modelling and reporting templates with advanced skills in MS Excel.
∎ Strong proficiency in preparing charts and presentations, and in all MS Office applications including Word and PowerPoint.
∎ Good accounting knowledge with appropriate analytical competency and skills
∎ Strong interpersonal, collaboration and communications skills and ability to build relationships at all levels of the organization.
∎ Excellent organizational, planning, time management and problem-solving skills
∎ A proactive approach to business initiatives, including the ability to multitask, think creatively, identify issues and present solutions.
∎ High sensitivity and awareness of working with people of many cultural backgrounds
∎ Driven by a strong personal sense of integrity, including holding confidential information and upholding exemplary quality standards.
Responsibilities & Context:
∎ Job Location: Head Office, Dhaka.
∎ As an integral part of this journey, we are seeking a dynamic, responsible, results-driven, and innovative individual for the Senior Management Post.
∎ As a key member of the Senior Management Team, CFO will assume a strategic leading role in the overall management of the company's finances and accounts. This critical role involves overseeing the organization’s financial operations and financial management.
∎ Develop and implement a comprehensive financial strategy aligned with the company's long-term goals and objectives.
∎ Prepare the annual budget as per the set timelines in coordination with the various budget owners and departments.
∎ Oversee the annual budgeting process, recommend cost control measures, enhance efficiency and support long-term financial planning and modeling.
∎ Put systems in place to track the financial performance (including qualitative and quantitative
∎ information) against the budget on a regular basis and provide variance analysis in collaboration with budget owners.
∎ Manage and ensure the accurate and timely preparation of monthly, quarterly and annual financial statements, adhering to International Financial Reporting Standards (IFRS).
∎ Help to prepare and finalize monthly, quarterly and annual MIS reports using data from the accounting system.
∎ Conduct in-depth financial analysis and deliver actionable insights to the corporate management to support strategic planning.
∎ Develop various financial models and costing analyses as and when required.
∎ Identify business trends using real data and compile analytical reports.
∎ Supervise daily accounting activities, including accounts payable, accounts receivable and the general ledger.
∎ Supervise the annual tax processes and coordinate with tax authorities to ensure compliance.
∎ Identify and mitigate financial risks, evaluate investment opportunities and manage cash flow, liquidity, and funding needs.
∎ Lead and mentor the finance and accounting team, cultivate a high-performance culture, and oversee training and development to enhance team skills and competencies.
∎ Collaborate with departmental heads and senior management to align financial goals with business objectives.
∎ Act as the main liaison for financial matters with external stakeholders such as banking institutions, auditors, regulators and investors.
∎ Provide strategic financial insights on a per-requisition basis to the Chairman, Executive Director and Board of Directors to support decision-making.
∎ Job Location: Head Office, Dhaka.
∎ Job Context
∎ As an integral part of this journey, we are seeking a dynamic, responsible, results-driven, and innovative individual for the Senior Management Post.
∎ As a key member of the Senior Management Team, CFO will assume a strategic leading role in the overall management of the company's finances and accounts. This critical role involves overseeing the organization’s financial operations and financial management.
∎ Key Responsibilities:
∎ Financial Strategy:
∎ Develop and implement a comprehensive financial strategy aligned with the company's long-term goals and objectives.
∎ Budget and Forecast:
∎ Prepare the annual budget as per the set timelines in coordination with the various budget owners and departments.
∎ Oversee the annual budgeting process, recommend cost control measures, enhance efficiency and support long-term financial planning and modeling.
∎ Put systems in place to track the financial performance (including qualitative and quantitative
∎ information) against the budget on a regular basis and provide variance analysis in collaboration with budget owners.
∎ Financial Reporting:
∎ Manage and ensure the accurate and timely preparation of monthly, quarterly and annual financial statements, adhering to International Financial Reporting Standards (IFRS).
∎ Help to prepare and finalize monthly, quarterly and annual MIS reports using data from the accounting system.
∎ Financial Analysis:
∎ Conduct in-depth financial analysis and deliver actionable insights to the corporate management to support strategic planning.
∎ Develop various financial models and costing analyses as and when required.
∎ Identify business trends using real data and compile analytical reports.
∎ Accounting Operations:
∎ Supervise daily accounting activities, including accounts payable, accounts receivable and the general ledger.
∎ Tax Management:
∎ Supervise the annual tax processes and coordinate with tax authorities to ensure compliance.
∎ Risk Management:
∎ Identify and mitigate financial risks, evaluate investment opportunities and manage cash flow, liquidity, and funding needs.
∎ Leadership and Team Management:
∎ Lead and mentor the finance and accounting team, cultivate a high-performance culture, and oversee training and development to enhance team skills and competencies.
∎ Stakeholder Management:
∎ Collaborate with departmental heads and senior management to align financial goals with business objectives.
∎ Act as the main liaison for financial matters with external stakeholders such as banking institutions, auditors, regulators and investors.
∎ Strategic Financial Advice:
∎ Provide strategic financial insights on a per-requisition basis to the Chairman, Executive Director and Board of Directors to support decision-making.
∎ Any other tasks as assigned by the management, from time to time.
Compensation & Other Benefits:
∎ Selected candidate will be offered a market-based remuneration package with other fringe benefits as per company policy.
∎ Benefits: Provident Fund, Gratuity, Festival Bonus, subsidized lunch, medical benefits and others as per organization policy.
∎ Selected candidate will be offered a market-based remuneration package with other fringe benefits as per company policy.
∎ Benefits: Provident Fund, Gratuity, Festival Bonus, subsidized lunch, medical benefits and others as per organization policy.
Employment Status: Full Time
Job Location: Dhaka
Company Information:
∎ A Reputed Group of Companies
Read Before Apply: Please apply only who are fulfilling all the requirements of this job
Application Deadline: 20 Jul 2024
Category: Accounting/Finance
