Chief Financial Officer (CFO)

Job Description

Title: Chief Financial Officer (CFO)

Company Name: Mitali Fashions Ltd.

Vacancy: --

Age: 40 to 50 years

Location: Dhaka (GULSHAN 1)

Minimum Salary: Negotiable

Experience:
∎ 12 to 18 years
∎ The applicants should have experience in the following business area(s):Garments, Textile, Garments Accessories, Dyeing Factory

Published: 25 Dec 2024

Education:
∎ Preferably an FCA/FCMA with vast work experience in RMG sectors.
∎ Preferably an FCA/FCMA with vast work experience in RMG sectors.

Requirements:

Additional Requirements:
∎ Age 40 to 50 years

Responsibilities & Context:
∎ Bank management, Cost & Management accounting, Financial Statements, Fund Management, Budgeting across group of companies.
∎ Effective cost control, risk management and planning organizational financial strategies.
∎ Day-to-day operations and strategic functions of Finance, Accounts, and Tax & VAT departments by monitoring a large group of employees in both the head office and factories. Drive the Company's financial planning.
∎ Perform risk management by analyzing the organizations liabilities and investments.
∎ Develop investment strategies by considering cash and liquidity risks.Control and evaluate the organization's fundraising plans and capital structure.
∎ Develop & implement policies and procedures for accounting, internal control, financial planning and reporting.
∎ Take initiative for improving operational efficiencies, controlling overheads and optimizing working Capital.
∎ Ensure cash flow is appropriate for the organization's operations by coordinating with the Commercial team.
∎ Develop and maintain working relationships with Bankers, Auditors and regulatory agencies.
∎ Prepare the monthly and yearly Financial Statements and submit the same to the Management.
∎ Oversee the company's financial IT system.
∎ Ensure compliance with the law and company's policies.
∎ Manage overall Tax & VAT matters of the Company which includes but is not limited to: payment, processing and submission of Tax & VAT returns/reports on time, handling external audits/ disputes/appeals and maintaining good relations with relevant authorities. Perform Special tasks, as assigned by the Management.
∎ Job Context:
∎ Mitali Group is a dynamic business leader in Readymade Garments sector in Bangladesh with a remarkable yearly turnover of $100 million. We are part of a dynamic group and operate several strategic business units that collectively employ over 10,000 dedicated professionals.
∎ Job Responsibilities:
∎ Bank management, Cost & Management accounting, Financial Statements, Fund Management, Budgeting across group of companies.
∎ Effective cost control, risk management and planning organizational financial strategies.
∎ Day-to-day operations and strategic functions of Finance, Accounts, and Tax & VAT departments by monitoring a large group of employees in both the head office and factories. Drive the Company's financial planning.
∎ Perform risk management by analyzing the organizations liabilities and investments.
∎ Develop investment strategies by considering cash and liquidity risks.Control and evaluate the organization's fundraising plans and capital structure.
∎ Develop & implement policies and procedures for accounting, internal control, financial planning and reporting.
∎ Take initiative for improving operational efficiencies, controlling overheads and optimizing working Capital.
∎ Ensure cash flow is appropriate for the organization's operations by coordinating with the Commercial team.
∎ Develop and maintain working relationships with Bankers, Auditors and regulatory agencies.
∎ Prepare the monthly and yearly Financial Statements and submit the same to the Management.
∎ Oversee the company's financial IT system.
∎ Ensure compliance with the law and company's policies.
∎ Manage overall Tax & VAT matters of the Company which includes but is not limited to: payment, processing and submission of Tax & VAT returns/reports on time, handling external audits/ disputes/appeals and maintaining good relations with relevant authorities. Perform Special tasks, as assigned by the Management.

Skills & Expertise:

Compensation & Other Benefits:
∎ Mobile bill
∎ Salary Review: Yearly
∎ Festival Bonus: 2
∎ A stimulating and rewarding job with wonderful co-worker organization with development opportunities.
∎ The opportunity to apply your knowledge and experience in a business setup.
∎ A permanent contract with a competitive employment package.
∎ As per company policy.
∎ A stimulating and rewarding job with wonderful co-worker organization with development opportunities.
∎ The opportunity to apply your knowledge and experience in a business setup.
∎ A permanent contract with a competitive employment package.
∎ As per company policy.

Workplace:
∎ Work at office

Employment Status: Full Time

Gender:
∎ Only Male

Job Location: Dhaka (GULSHAN 1)

Company Information:
∎ Mitali Fashions Ltd.
∎ House No. 11/A (Level 6-7), Road No. 130, Gulshan-1, Dhaka-1212
∎ 100% export oriented Knit Composite Garments Industry.

Address::
∎ House No. 11/A (Level 6-7), Road No. 130, Gulshan-1, Dhaka-1212
∎ 100% export oriented Knit Composite Garments Industry.

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

Application Deadline: 20 Jan 2025

Category: Accounting/Finance

Interested By University

University Percentage (%)
National University 26.34%
University of Dhaka 12.72%
4.91%
Jagannath University 4.24%
University of Chittagong 2.46%
University of Rajshahi 1.34%
Dhaka University 1.12%
The Institute of Cost and Management Accountants of Bangladesh 1.12%
National University of Bangladesh 0.89%
East West University 0.89%

Interested By Age Range

Age Range Percentage (%)
20-30 4.24%
31-35 5.80%
36-40 16.29%
40+ 68.75%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 4.27%
20K-30K 2.02%
30K-40K 2.70%
40K-50K 2.25%
50K+ 88.76%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 8.48%
0.1 - 1 years 2.90%
1.1 - 3 years 3.79%
3.1 - 5 years 4.69%
5+ years 80.13%

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