Title: Chief Financial Officer (CFO) for a Large TV Channel
Company Name: Hussain Farhad & Co.
Vacancy: 1
Job Location: Dhaka
Employment Status: Full-time
Educational Requirements:
∎ M. Com. in Accounting/Finance/AIS from any reputed University.
∎ Part qualified Chartered Accountant is a must.
Experience Requirements:
∎ 5 to 7 year(s)
∎ The applicants should have experience in the following area(s):
Finance/ Accounts
∎ The applicants should have experience in the following business area(s):
Satellite TV
Job Context:
∎ The role of this position requires to support the Divisional- Heads, MD and BOD to take proper and timely decisions by providing various analytical reports collected from the Finance & Accounts and other related information. He/She has to establish the controlling environment for both operational and financial. His/Her reports and initiative will help the top management to achieve the divisional goals and objectives.
∎ The position is accountable for growth & control of the entire division by effectively managing financial accounting, Management Accounting, Budgeting and Internal Controls.
Job Responsibilities:
∎ Financial Analysis, Budgeting and Forecasting:
∎ Closely work with Divisional heads, MD/CEO and BOD regarding various operational and financial KPI's by coordinating with other related teams.
∎ Prepare and present monthly financial reports including monthly profit and loss by division, budget vs. actual for respective concerns;
∎ Formulate Variance Analysis report of the Profit & Loss for respective business Units;
∎ Identify, develop and execute analysis of business initiatives, product launches and/or new service offerings.
∎ Develop and maintain monthly operating budget and annual company operating budget.
∎ Assess and evaluate financial performance of organization with regard to long-term operational goals, budgets and forecasts;
∎ Participate in weekly conference calls with Lenders, Vendors and Executive Leadership Team.
∎ Financial Controlling:
∎ Implement and report proper Controlling system for both financial and operational activities;
∎ Enhance and implement financial and accounting systems, processes, tools and control systems
∎ Cash Flow Management and Following up Cash Forecast;
∎ Implement timely internal Controls and proper Finance Work Flow;
∎ Monitoring and Controlling AP, AR, Production and Administrative Expenses;
∎ Ensure timeliness and accuracy of financial and management reporting data and provide to reporting lines and business head;
∎ Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation;
∎ Financial Reporting:
∎ Create and establish yearly financial objectives that align with the company's plan for growth and expansion.
∎ Make sure to maintain Accuracy, Transparency and Control in Financial Reporting;
∎ Provide Monthly Finance Review;
∎ Periodic report presentation to the respective authorities and BOD's;
∎ Banking and Financing:
∎ Maintain Smooth Cash Flow of concerned Units
∎ Negotiate and monitor the Bank Interest and Charges
∎ Satisfy the Lenders' requirements and liaise with Lenders and Institutions.
∎ Monitor and Control the Logistics and Demurrages and Port Handling Charges and monitor the Imports and Export Documentation and process when necessary.
∎ Formulate Budgeting and Reporting and Controlling Variance Analysis of the Profit & Loss for respective business Units;
∎ Negotiate the Commercial-related expenses and Charges with Comparisons.
∎ Inventory Management
Additional Requirements:
∎ Age 30 to 45 years
∎ Both males and females are allowed to apply
∎ Total 10 years job experience in finance and accounts department.
∎ Female candidates are preferable.
∎ Smart in appearance and presentation skill is also preferable.
Salary: Negotiable
Compensation & Other Benefits:
∎ We offer excellent work environment, attractive compensation package and performance-based career progression.
Job Source: Bdjobs.com Online Job Posting.
Application Deadline: 15 Feb 2023
Company Information:
∎ 8 Feb 2023
∎ Hussain Farhad & Co.
∎ Address : House # 15, Road # 12, Block # F, Niketon, Gulshan-1, Dhaka-1212
∎ Web : www.hfc-bd.com
∎ Business : Audit, Accounting and consultancy
Category: Accounting/Finance
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Source: bdjobs.com