Chief Financial Officer (CFO)

Job Description

Title: Chief Financial Officer (CFO)

Company Name: Homeland Life Insurance Co. Ltd.

Vacancy: Not specific

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Bachelor of Commerce (BCom) in aca, Bachelor of Commerce (BCom) in fca
∎ Commerce background of Masters, CA (ACA, FCA, FCMA) from the Institute of Chartered Accountants of Bangladesh (ICAB)

Experience Requirements:
∎ At least 5 year(s)

Job Responsibilities:
∎ Drive the Company's financial planning.
∎ Monitor the whole accounts and finance requirements of selected factories.
∎ Provide timely and accurate analysis of Budgets, Financial Reports and Financial Trends in order to assist the Management team to perform their responsibilities.
∎ Ensure that all financial transactions are handled and processed in-line with the approved policies and procedures.
∎ Manage the preparation of the official annual report of actual revenues, transfers, and expenses.
∎ Maintain communication with the corporate finance team to meet the day-to-day fund demand.
∎ Lead and coordinate with all other department the preparation of annual operating budget and developing 3-10 years business plans for the company.
∎ Designing for maximizing revenue, profitability & liquidity.
∎ Meeting Official Account, Costing & statutory auditing requirements including internal audit by implementing functional systems, monitoring and achieving cost reduction.
∎ Analyzing, Coordinating proper mix of equity & debt fund requirements.
∎ Advising on TAX & VAT planning (Within current legislation to enable them to minimize the Tax liabilities).
∎ Ensure the timely reporting of all monthly financial information, statements and reports.
∎ Follow up existing Bank interest / profit service charges etc. as per sanction letter.
∎ Monitor the monthly and actual expenses to expenditure.
∎ Projection of fund disbursement plan.
∎ Develop and update the internal operational policy and procedures in Accounts.
∎ Implement the internal control procedures.
∎ Review the accounting documentations, reports, data, flowcharts etc.
∎ Develop a reliable cash flow projection process.
∎ Reports delivery to IDRA (as per requirements) on time to time.
∎ Any other tasks in accounts related.

Additional Requirements:
∎ Age at least 45 years
∎ The applicants should have experience in the following area(s): Accounts, Finance, Tax (VAT/Customs Duty/Income Tax), Cash Management, Banks, Funds investment management.
∎ Experience on Life Insurance Sector will be preferred.
∎ Should have knowledge in Corporate Governance and Corporate Affairs in accordance with applicable laws/regulations in Bangladesh.
∎ Strong financial and analytical skill with a track record of driving financial performance.
∎ Ability to analyze strategies and solve problems.
∎ Ability to work under pressured environment.
∎ Must have sound knowledge on computer literacy.

Salary: Negotiable

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 19 Oct 2023

Company Information:
∎ 10 Oct 2023
∎ Homeland Life Insurance Co. Ltd.

Category: Accounting/Finance

: [email protected]

Interested By University

University Percentage (%)
National University 20.91%
University of Dhaka 13.64%
Jagannath University 3.64%
Dhaka College 2.73%
University of Chittagong 2.73%
Govt. Titumir College 2.73%
East West University 2.73%
Asian University of Bangladesh 2.73%
International Islamic University, Chittagong 2.73%
University of Rajshahi 1.82%

Interested By Age Range

Age Range Percentage (%)
20-30 17.27%
31-35 9.09%
36-40 18.18%
40+ 54.55%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 2.75%
20K-30K 8.26%
30K-40K 6.42%
40K-50K 7.34%
50K+ 75.23%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 7.27%
0.1 - 1 years 0.91%
1.1 - 3 years 2.73%
3.1 - 5 years 10.00%
5+ years 79.09%

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