Chief Financial Officer (CFO)

Job Description

Title: Chief Financial Officer (CFO)

Company Name: MITALI GROUP

Vacancy: --

Age: 40 to 45 years

Location: Dhaka (GULSHAN 1)

Salary: Negotiable

Experience:
∎ 10 to 12 years
∎ The applicants should have experience in the following business area(s):Garments, Textile, Garments Accessories, Dyeing Factory

Published: 22 Apr 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 45 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.
∎ 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.

Compensation & Other Benefits:
∎ 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.
∎ Two festival bonus§  Annual increment
∎ Mobile allowance.
∎ 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.
∎ Two festival bonus§  Annual increment
∎ Mobile allowance.
∎ As per company policy.

Workplace:
∎ Work at office

Employment Status: Full Time

Gender:
∎ Only Male

Job Location: Dhaka (GULSHAN 1)

Company Information:
∎ MITALI GROUP

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

Application Deadline: 20 May 2024

Category: Accounting/Finance

Interested By University

University Percentage (%)
National University 21.82%
University of Dhaka 12.47%
8.57%
Jagannath University 4.16%
University of Chittagong 2.86%
University of Rajshahi 2.34%
Dhaka College 1.56%
The Institute of Cost and Management Accountants of Bangladesh 1.56%
Prime University 1.04%
The Institute of Chartered Accountants of Bangladesh 0.78%

Interested By Age Range

Age Range Percentage (%)
20-30 2.34%
31-35 5.45%
36-40 15.06%
40+ 59.22%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 2.34%
20K-30K 1.04%
30K-40K 2.34%
40K-50K 0.52%
50K+ 93.75%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 11.69%
0.1 - 1 years 2.60%
1.1 - 3 years 2.86%
3.1 - 5 years 4.16%
5+ years 78.70%

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