Chief Financial Officer (CFO)

Job Description

Title: Chief Financial Officer (CFO)

Company Name: Ikigai HR Services Limited

Vacancy: --

Location: Dhaka (Banani)

Salary: Tk. 350000 - 500000 (Monthly)

Experience:
∎ 14 to 25 years
∎ The applicants should have experience in the following business area(s):Garments, Textile, Spinning

Published: 26 Aug 2024

Education:
∎ Bachelor of Business Administration (BBA) in Accounting, Masters
∎ FCA / FCMA / ACA / CFA / FCCA or equivalent professional degree is a must.
∎ Training/Trade Course: Chartered Accountant
∎ FCA / FCMA / ACA / CFA / FCCA or equivalent professional degree is a must.
∎ Training/Trade Course: Chartered Accountant

Requirements:

Additional Requirements:
∎ • Skills Required: Finance/ Accounts, Financial Analysis, Financial Audit, Financial Budget, Financial Planning, Income Tax and VAT.
∎ • At least 15 years wherein minimum 5 years working experience as CFO in Textile, Spinning or RMG sector.
∎ • Must have knowledge about corporate finance, composite finance, SME finance, LC, LTR, UPAS LC, CC, Bank Guarantee, Business loan, all kind of term loan, funded or non-funded finance etc.
∎ • Knowledge in 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.


Responsibilities & Context:
∎ Responsibilities:
∎ • Overall responsibilities of management reporting covering all financial aspects.
∎ • Analyzes financial statements and prepares reports and recommendations to the top Management concerning financial performance.
∎ • 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.
∎ • Investigate and secure alternative financing options from Bangladesh Bank and other institutions.
∎ • Perform role as central point of liaison with all banks operating with the company.
∎ • Understand taxation policy (Income Tax & VAT) and lead organization tax and VAT planning and execution 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 complying 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 monthly monitoring and report of performance vs budget set.
∎ • Preparation and monitoring Banking liabilities.
∎ • Prepare and submit monthly business result with variance analysis to the top management.
∎ • 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, half-yearly and annually.
∎ • 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 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.
∎ • Creation and implementation of policies & procedures as needed.
∎ • Ensure proper responsibilities and KPIs are set for subordinates, evaluate staff performance and provide feedback, mentor for improvement, ensure discipline, identify training needs & facilitate training, and manage their career development.


Skills & Expertise:

Employment Status: Full Time

Job Location: Dhaka (Banani)

Apply Procedure:

Email your CV:
∎ Send your CV to the given email [email protected] or Email your CV from My Bdjobs account

Company Information:
∎ Ikigai HR Services Limited
∎ Concord Delwar Villa, House No-63, 1st Floor (1-A), Road-1, Block-I, Banani-1213, Dhaka, Bangladesh
∎ Ikigai, an HR services provider inspired and built on the original Japanese concept referring to “a reason for being”.

In this unprecedented time, the evolution and strategic missions of HR are more important than ever. To evolve with the shifts of HR, Ikigai is here to support organizations of all types and sizes unleash their potential.

Ikigai believes in providing comprehensive services that simply encompasses the philosophy of enriching lives through resource development with the integration of cutting-edge technology. Our services are designed to be tailor-made for each organization to provide the best data-driven result.

Address::
∎ Concord Delwar Villa, House No-63, 1st Floor (1-A), Road-1, Block-I, Banani-1213, Dhaka, Bangladesh
∎ Ikigai, an HR services provider inspired and built on the original Japanese concept referring to “a reason for being”.In this unprecedented time, the evolution and strategic missions of HR are more important than ever. To evolve with the shifts of HR, Ikigai is here to support organizations of all types and sizes unleash their potential.Ikigai believes in providing comprehensive services that simply encompasses the philosophy of enriching lives through resource development with the integration of cutting-edge technology. Our services are designed to be tailor-made for each organization to provide the best data-driven result.

Read Before Apply: Please apply only who are fulfilling all the requirements of this job

Application Deadline: 30 Aug 2024

Category: Accounting/Finance

Interested By University

University Percentage (%)
National University 23.39%
University of Dhaka 14.04%
Jagannath University 3.51%
University of Chittagong 2.92%
The Institute of Chartered Accountants of Bangladesh 1.75%
University of Rajshahi 1.75%
Association of Chartered Certified Accountants 1.75%
1.75%
East West University 1.17%
Dhaka University 1.17%

Interested By Age Range

Age Range Percentage (%)
20-30 9.94%
31-35 8.19%
36-40 25.15%
40+ 50.88%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 2.92%
20K-30K 2.34%
30K-40K 4.09%
40K-50K 4.09%
50K+ 86.55%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 7.60%
0.1 - 1 years 4.09%
1.1 - 3 years 3.51%
3.1 - 5 years 4.68%
5+ years 80.12%

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