Title: Chief Financial Officer (CFO)
Company Name: Basic Thread Industries Ltd.
Vacancy: 01
Job Location: Dhaka (Uttara)
Employment Status: Full-time
Educational Requirements:
∎ Master of Business Administration (MBA) in Accounting
∎ University of Dhaka,IBA, Dhaka University students will get preference
∎ Preferred Professional Certification: FCA,FCMA
Experience Requirements:
∎ 12 to 15 year(s)
Job Context:
∎ Basic thread industries Ltd is considered to be the most trusted & reliable Garments sewing thread & Garments accessories manufacturer and supplier of quality products in the Country, which facilitates and adds considerable value to its business processes in providing consistently high-quality products of international standards in the international market at a competitive price. In doing so the company shall endeavor to establish a loyal and mutually rewarding relationship with customers, employees, associates, always maintaining high ethical and international quality standards. Quality craftsmanship, and excellence in management. To attn the ultimate goal, management we are searching Chief Financial Officer(CFO) having robust professional attachment and well experience in the manufacturing Industries depending on the following Job Responsibilities and Job Specification;
∎ Workplace : Work at Heat office at Uttara. Dhaka.
Job Responsibilities:
∎ Analyzes financial statements, and prepares reports and recommendations to Top Management concerning financial performance.
∎ 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.
∎ Monitor monthly performance reporting, financial statements and KPI's
∎ Factory Performance Evaluation and efficiency analysis.
∎ Understand taxation policy and lead organization tax planning to gain maximum tax benefits with adherence to compliance of all Laws, Rules & Regulations.
∎ Understand financial laws, tax implications, regulatory mechanisms around investments and advise management for necessary action to save cost & maximize gain
∎ Designing, implementing, controlling and supervising all types of finance, accounts & costing matters complaining regulatory policies-procedures, preparing up-dated MIS various reports, profit margin report, bank reconciliation for the management and BODs.
∎ Coordinate in preparation of annual budget, and Banking liability & overdue statement prepare.
∎ Submit monthly business result with variance analysis.
∎ Assure books/records and system are kept according to accounting standards
∎ Monitor Working Capital and Recommended improvement areas.
∎ Review financial statements to prepare consolidated financial statements periodically.
∎ Prepare, Co-ordinate and review 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.
∎ Focus on cost saving, efficiency programs, Product profitability and Investment Analysis
∎ 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.
Additional Requirements:
∎ Only males are allowed to apply
∎ The applicants should have experience in the following area(s):
∎ Accounts and Finance
∎ The applicants should have experience in the following business area(s):
∎ Manufacturing (sewing thread & Garments all accessories), Spinning, Textile
∎ Minimum 10 years working experience as CFO in any manufacturing listed company.
∎ Garments accessories sector will be given preference.
∎ 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;
∎ Must have knowledge about corporate finance, composite finance, SME finance, LC, LTR, UPAS LC, CC, Bank Guarantee, Business loan, Car loan, Personal Loan, Home Loan, all kind of term loan, funded or non-funded finance etc.
∎ Knowledge in GFET, import/export policy, TBML, CRM Policy, relevant circulars and guidelines (external and internal), loan documentation, etc.
∎ Conceptual, analytical, documentation and presentation skills;
∎ Proficiency in English language and a familiarity with the particular country environment as if effects development strategies;
Job Source: Bdjobs.com Online Job Posting.
Application Deadline: 26 Feb 2022
Company Information:
∎ 27 Jan 2022
∎ Basic Thread Industries Ltd.
Category: Accounting/Finance
Source: bdjobs.com