Job Description

Title: Chief Financial Officer (CFO) - RMG Division

Company Name: DBL Group

Vacancy: --

Location: Dhaka

Salary: Negotiable

Experience:
∎ At least 15 years
∎ The applicants should have experience in the following business area(s):Multinational Companies, Garments, Textile, Buying House, Group of Companies, Packaging Industry, Garments Accessories, Spinning

Published: 7 Nov 2024

Education:
∎ Master's degree in Accounting, Finance, or AIS from a reputable university.
∎ Must be a qualified Chartered Accountant.
∎ Master's degree in Accounting, Finance, or AIS from a reputable university.
∎ Must be a qualified Chartered Accountant.

Requirements:

Additional Requirements:
∎ Minimum of 15 years of relevant experience, including 2-3 years with a proven track record in financial controlling and leading large industry groups.
∎ Strong understanding of operational issues and policy work at state, national, and international levels.
∎ Comprehensive and current knowledge of development concepts, methodologies, and techniques, with demonstrated expertise.
∎ Exceptional management and leadership abilities, with skills in facilitation and capacity-building, fostering strong connections between senior officials, management, and boards.
∎ Excellent conceptual, analytical, documentation, and presentation skills.
∎ Minimum of 15 years of relevant experience, including 2-3 years with a proven track record in financial controlling and leading large industry groups.
∎ Strong understanding of operational issues and policy work at state, national, and international levels.
∎ Comprehensive and current knowledge of development concepts, methodologies, and techniques, with demonstrated expertise.
∎ Exceptional management and leadership abilities, with skills in facilitation and capacity-building, fostering strong connections between senior officials, management, and boards.
∎ Excellent conceptual, analytical, documentation, and presentation skills.

Responsibilities & Context:
∎ Support the Divisional CEO and Board of Directors by providing various analytical reports derived from the Group Finance & Accounts and Cost & Budget teams to facilitate proper and timely decision-making.
∎ Establish and maintain a controlling environment for both operational and financial aspects to ensure adherence to organizational goals and objectives.
∎ Collaborate closely with the Divisional CEO to manage financial accounting, management accounting, budgeting, and internal controls effectively.
∎ Prepare and present monthly financial reports, including profit and loss by division and budget versus actual analysis for respective concerns.
∎ Formulate variance analysis reports for the profit & loss of respective business units to identify areas for improvement and optimization.
∎ Identify, develop, and execute analyses of business initiatives, product launches, and new service offerings to drive growth and profitability.
∎ Develop and maintain monthly operating budgets and annual company operating budgets aligned with the company's growth and expansion plans.
∎ Assess and evaluate the financial performance of the organization concerning long-term operational goals, budgets, and forecasts.
∎ Participate in weekly conference calls with lenders, vendors, and the executive leadership team to ensure effective communication and alignment with organizational objectives.
∎ Implement and report on proper controlling systems for both financial and operational activities to enhance efficiency and transparency.
∎ Enhance and implement financial and accounting systems, processes, tools, and control systems to streamline operations and mitigate risks.
∎ Manage cash flow and follow up on cash forecasts to ensure adequate liquidity for operational needs.
∎ Implement timely internal controls and proper finance workflow to maintain accuracy and integrity in financial reporting.
∎ Monitor and control accounts payable, accounts receivable, production, and administrative expenses to optimize resource utilization.
∎ Ensure the timeliness and accuracy of financial and management reporting data, providing it to reporting lines and business heads.
∎ Review all month-end closing activities, including general ledger accounts, balance sheet accounts, and overhead cost allocation, to ensure completeness and accuracy.
∎ Create and establish yearly financial objectives aligned with the company's plan for growth and expansion to drive sustainable performance.
∎ Maintain accuracy, transparency, and control in financial reporting to meet regulatory requirements and stakeholders' expectations.
∎ Present periodic reports to the respective authorities and Board of Directors to provide insights into financial performance and strategic initiatives.
∎ Maintain smooth cash flow of concerned units by managing bank interest, charges, and lender requirements effectively.
∎ Negotiate and monitor commercial-related expenses and charges to optimize cost efficiency and profitability.
∎ Monitor inventory levels and assure control over store documentation procedures to prevent discrepancies and losses.
∎ Control and monitor additional material issues and waste material management to minimize costs and environmental impact.
∎ Oversee machine deployment and movement to ensure optimal utilization and efficiency.
∎ Support the Divisional CEO and Board of Directors by providing various analytical reports derived from the Group Finance & Accounts and Cost & Budget teams to facilitate proper and timely decision-making.
∎ Establish and maintain a controlling environment for both operational and financial aspects to ensure adherence to organizational goals and objectives.
∎ Collaborate closely with the Divisional CEO to manage financial accounting, management accounting, budgeting, and internal controls effectively.
∎ Prepare and present monthly financial reports, including profit and loss by division and budget versus actual analysis for respective concerns.
∎ Formulate variance analysis reports for the profit & loss of respective business units to identify areas for improvement and optimization.
∎ Identify, develop, and execute analyses of business initiatives, product launches, and new service offerings to drive growth and profitability.
∎ Develop and maintain monthly operating budgets and annual company operating budgets aligned with the company's growth and expansion plans.
∎ Assess and evaluate the financial performance of the organization concerning long-term operational goals, budgets, and forecasts.
∎ Participate in weekly conference calls with lenders, vendors, and the executive leadership team to ensure effective communication and alignment with organizational objectives.
∎ Implement and report on proper controlling systems for both financial and operational activities to enhance efficiency and transparency.
∎ Enhance and implement financial and accounting systems, processes, tools, and control systems to streamline operations and mitigate risks.
∎ Manage cash flow and follow up on cash forecasts to ensure adequate liquidity for operational needs.
∎ Implement timely internal controls and proper finance workflow to maintain accuracy and integrity in financial reporting.
∎ Monitor and control accounts payable, accounts receivable, production, and administrative expenses to optimize resource utilization.
∎ Ensure the timeliness and accuracy of financial and management reporting data, providing it to reporting lines and business heads.
∎ Review all month-end closing activities, including general ledger accounts, balance sheet accounts, and overhead cost allocation, to ensure completeness and accuracy.
∎ Create and establish yearly financial objectives aligned with the company's plan for growth and expansion to drive sustainable performance.
∎ Maintain accuracy, transparency, and control in financial reporting to meet regulatory requirements and stakeholders' expectations.
∎ Present periodic reports to the respective authorities and Board of Directors to provide insights into financial performance and strategic initiatives.
∎ Maintain smooth cash flow of concerned units by managing bank interest, charges, and lender requirements effectively.
∎ Negotiate and monitor commercial-related expenses and charges to optimize cost efficiency and profitability.
∎ Monitor inventory levels and assure control over store documentation procedures to prevent discrepancies and losses.
∎ Control and monitor additional material issues and waste material management to minimize costs and environmental impact.
∎ Oversee machine deployment and movement to ensure optimal utilization and efficiency.

Compensation & Other Benefits:
∎ Salary Review: Yearly
∎ Festival Bonus: 2
∎ We offer excellent work environment, attractive compensation package and performance-based career progression.
∎ We offer excellent work environment, attractive compensation package and performance-based career progression.

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Dhaka

Company Information:
∎ DBL Group
∎ South Avenue Tower (6th Floor), House No # 50, Road No # 03, Gulshan Avenue, Gulshan 1, Dhaka - 1212

Address::
∎ South Avenue Tower (6th Floor), House No # 50, Road No # 03, Gulshan Avenue, Gulshan 1, Dhaka - 1212

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

Application Deadline: 20 Nov 2024

Category: Accounting/Finance