Chief Financial Officer (CFO) - Finance & Accounts Department

Job Description

Title: Chief Financial Officer (CFO) - Finance & Accounts Department

Company Name: Epyllion Group

Vacancy: 01

Age: At least 42 years

Job Location: Dhaka (Tejgaon)

Salary: Negotiable

Experience:

• At least 20 years
• The applicants should have experience in the following business area(s): Garments, Textile, Group of Companies

• Master of Business Administration (MBA) in Finance

Professional accounting Certification FCA.

• At least 20 years
• The applicants should have experience in the following business area(s): Garments, Textile, Group of Companies

• Age At least 42 years

• Strategic & Commercial Acumen: Ability to see the bigger picture and translate business strategy into financial reality.
• Technical Excellence: Deep knowledge of apparel costing, export finance, IFRS, and risk management.
• Leadership & Influence: Proven ability to lead a team and influence senior stakeholders across different functions.
• Analytical & Data-Driven: Strong analytical skills with the ability to turn data into actionable business insights.
• Communication & Interpersonal Skills: Excellent ability to communicate complex financial information clearly to both financial and non-financial audiences.
• Systems Proficiency: Advanced proficiency in Microsoft Excel and hands-on experience with major ERP systems.

Key Responsibilities

1. Financial Strategy & Executive Leadership

• Develop and execute the company’s financial strategy in alignment with its long-term business goals and market opportunities.

• Serve as a strategic advisor to the Board of Directors on financial performance, investment decisions, capital allocation, and growth opportunities.

• Lead financial due diligence for new business initiatives, factory expansions, capital expenditures, and potential Merge & Acquisition activities.

• Drive a culture of financial discipline and accountability across the organization.

2. Costing & Margin Management

• Oversee the end-to-end product costing process, from initial sample costing to final FOB pricing and margin analysis.

• Work in close partnership with merchandising and sourcing teams to optimize costs of fabric, trims, accessories, and CM (Cutting & Making).

• Implement and monitor robust cost-control mechanisms across all factories operations, tracking cost per minute (CPM), efficiency, and overheads.

• Analyze profitability buyer, market, product category, and individual order to guide commercial strategy.

3. Financial Planning, Budgeting & Control

• Lead the annual budgeting process, periodic forecasting, and long-range financial planning.

• Conduct detailed variance analysis (budget vs. actual) and provide actionable insights to department heads to improve performance.

• Develop and maintain financial models to support strategic decision-making and scenario planning.

• Monitor and report on key financial and operational KPIs to the executive team and board.

4. Working Capital & Treasury Management

• Manage the company's cash flow and liquidity to ensure operational needs are met efficiently.

• Optimize the working capital cycle, with a focus on managing inventory levels (raw materials, WIP, finished goods) and debtor/creditor days.

• Oversee all banking relationships and manage credit facilities, including Letters of Credit (LC), Usance Payable at Sight (UPAS), packing credit, and other trade finance instruments.

• Ensure timely realization of export proceeds and manage foreign exchange exposure through effective hedging strategies.

5. Accounting, Reporting & Compliance

• Ensure the integrity of all financial data and reporting, guaranteeing compliance with International Financial Reporting Standards (IFRS) or local GAAP.

• Oversee the timely and accurate preparation of monthly, quarterly, and annual financial statements.

• Manage all statutory and internal audits, ensuring a clean and unqualified opinion.

• Ensure good governance & compliance with all relevant Tax, VAT, Customs, Labor, and Corporate laws and regulations in the jurisdictions of operation.

6. Team Leadership & Systems Enhancement

• Lead, mentor, and develop a high-performing team across finance, accounts, costing.

• Drive the continuous improvement of financial systems and processes, leveraging ERP capabilities (e.g., SAP, Oracle, or a specialized garment ERP) to enhance efficiency and reporting.

• Foster a culture of accuracy, continuous improvement, and commercial partnership within the finance function.

• Insurance,Mobile bill,Gratuity,Medical allowance
• Salary Review: Yearly
• Festival Bonus: 2

Full time car facility.