Chief Financial Officer (CFO)

Job Description

Title: Chief Financial Officer (CFO)

Company Name: S.A. Group of Industries

Vacancy: 1

Location: Chattogram (Khulshi)

Experience:
∎ At least 15 years

Published: 22 Jan 2025

Education:
∎ Master’s in Finance or Accounting
∎ Qualified Chartered Accountants will get preference (e.g., ACCA / FCA)
∎ Master’s in Finance or Accounting
∎ Qualified Chartered Accountants will get preference (e.g., ACCA / FCA)

Requirements:

Additional Requirements:
∎ Candidates having experience in FMCG as CFO will get preference.
∎ The applicants should have experience in the following business area(s):
∎ Manufacturing (FMCG), Group of Companies, Food & Beverage Company. Oil Refinery, Paper Mill.
∎ Intend to serve the company for long period of time with dedication, commitment & ownership.
∎ In depth knowledge of corporate financial law, Tax, VAT and risk management practices.
∎ Financial Forecasting & Analytical Skills
∎ Ability to analyze strategies and solve problems.
∎ Excellent knowledge of data analysis, forecasting methods and reporting.
∎ Excellent leadership capacity and interpersonal skills.
∎ Candidates having experience in FMCG as CFO will get preference.
∎ The applicants should have experience in the following business area(s):
∎ Manufacturing (FMCG), Group of Companies, Food & Beverage Company. Oil Refinery, Paper Mill.
∎ Intend to serve the company for long period of time with dedication, commitment & ownership.
∎ In depth knowledge of corporate financial law, Tax, VAT and risk management practices.
∎ Financial Forecasting & Analytical Skills
∎ Ability to analyze strategies and solve problems.
∎ Excellent knowledge of data analysis, forecasting methods and reporting.
∎ Excellent leadership capacity and interpersonal skills.

Responsibilities & Context:
∎ S.A. Group of Industries is one of the leading consumer goods conglomerates of the country. Under the three master brands Goalini, Muskan & Aapayan, the company is fulfilling the consumer demands of Condensed Milk, Edible Oil, Salt, Drinking Water, Powder Milk, Tea, Atta, Maida, Suji & Rice. Along with the consumer goods division, S.A Group is contributing in the national economy with Paper Manufacturing, Bulk Oil Manufacturing, Tank Terminal and Real Estate service. S.A Group believes in the power of its brands to improve the quality of life and to provide supreme satisfaction to our consumers on a daily basis. As our responsibilities grow with the size of our business, we recognize both local and global factors concern us all. Adjudging the wider impact of our actions, it is true to accept these actions are embedded in our values. And this is a fundamental part of S.A Group.
∎ The CFO will be a key executive leadership position, responsible for overseeing the overall financial activities of the company. This includes financial planning, strategy formulation, accounting, costing, reporting, treasury, risk management, fund management and ensuring compliance with all relevant regulations. The CFO will play a crucial role in driving the company's financial strategy and supporting its continued growth and success.
∎ Expertise in financial analysis, risk management, and corporate finance.
∎ Financial strategies development & implementation.
∎ Assess and manage the Group's investment portfolio, ensuring high returns while mitigating risks.
∎ Evaluate and secure funding options for business expansion and capital projects.
∎ Communicate and develop relationships with Banks, NBR and financial stakeholders.
∎ Develop and manage the company’s Income Tax & VAT strategy to ensure it aligns with business goals and complies with local laws.
∎ Formulation of long-term business strategy, investment appraisal & analysis.
∎ Proven track record of managing cross-functional teams and result oriented work.
∎ Develop and execute the Group’s financial Policy in alignment with overall corporate objectives.
∎ Identify opportunities for revenue enhancement and cost optimization.
∎ Cash flow and treasury controls, loan payment, and minimizing fund cost.
∎ Lead budgeting, forecasting, and financial modeling processes across the Group.
∎ Product Costing and cost control through cost management.
∎ Ensure accurate, timely, and insightful financial reporting to stakeholders.
∎ Implement and uphold strong governance practices within financial operations.
∎ Maintain Financial Sustainability among the company.
∎ Perform Special tasks, as assigned by the Management.
∎ S.A. Group of Industries is one of the leading consumer goods conglomerates of the country. Under the three master brands Goalini, Muskan & Aapayan, the company is fulfilling the consumer demands of Condensed Milk, Edible Oil, Salt, Drinking Water, Powder Milk, Tea, Atta, Maida, Suji & Rice. Along with the consumer goods division, S.A Group is contributing in the national economy with Paper Manufacturing, Bulk Oil Manufacturing, Tank Terminal and Real Estate service. S.A Group believes in the power of its brands to improve the quality of life and to provide supreme satisfaction to our consumers on a daily basis. As our responsibilities grow with the size of our business, we recognize both local and global factors concern us all. Adjudging the wider impact of our actions, it is true to accept these actions are embedded in our values. And this is a fundamental part of S.A Group.
∎ Job Context:
∎ The CFO will be a key executive leadership position, responsible for overseeing the overall financial activities of the company. This includes financial planning, strategy formulation, accounting, costing, reporting, treasury, risk management, fund management and ensuring compliance with all relevant regulations. The CFO will play a crucial role in driving the company's financial strategy and supporting its continued growth and success.
∎ Overview of Responsibilities:
∎ Expertise in financial analysis, risk management, and corporate finance.
∎ Financial strategies development & implementation.
∎ Assess and manage the Group's investment portfolio, ensuring high returns while mitigating risks.
∎ Evaluate and secure funding options for business expansion and capital projects.
∎ Communicate and develop relationships with Banks, NBR and financial stakeholders.
∎ Develop and manage the company’s Income Tax & VAT strategy to ensure it aligns with business goals and complies with local laws.
∎ Formulation of long-term business strategy, investment appraisal & analysis.
∎ Proven track record of managing cross-functional teams and result oriented work.
∎ Develop and execute the Group’s financial Policy in alignment with overall corporate objectives.
∎ Identify opportunities for revenue enhancement and cost optimization.
∎ Cash flow and treasury controls, loan payment, and minimizing fund cost.
∎ Lead budgeting, forecasting, and financial modeling processes across the Group.
∎ Product Costing and cost control through cost management.
∎ Ensure accurate, timely, and insightful financial reporting to stakeholders.
∎ Implement and uphold strong governance practices within financial operations.
∎ Maintain Financial Sustainability among the company.
∎ Perform Special tasks, as assigned by the Management.

Compensation & Other Benefits:
∎ Competitive salary with lucrative benefits will be offer to the deserving candidates.
∎ Mobile bill, Tour allowance
∎ Lunch fully subsidized.
∎ Yearly Salary Review
∎ 2 Festival Bonus Yearly
∎ Other admissible benefits as per company policy
∎ Competitive salary with lucrative benefits will be offer to the deserving candidates.
∎ Mobile bill, Tour allowance
∎ Lunch fully subsidized.
∎ Yearly Salary Review
∎ 2 Festival Bonus Yearly
∎ Other admissible benefits as per company policy

Employment Status: Full Time

Job Location: Chattogram (Khulshi)

Read Before Apply:

If you find yourself qualified for the position then please send your CV to [email protected] (please mention the position name in the subject line of your email).



Apply Procedure:

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

Hard Copy:
∎ send a hard copy to the following address:
∎ Deputy General Manager - HR & Admin
∎ S.A Group of Industries
∎ 5th floor, The Triangle, 168/A / 429,
∎ 10, Zakir Hossain Road, South Khulshi, Chattogram.

Company Information:
∎ S.A. Group of Industries

Application Deadline: 5 Feb 2025

Category: Accounting/Finance

Interested By University

University Percentage (%)
National University 22.73%
University of Dhaka 9.44%
4.55%
Jagannath University 4.20%
University of Chittagong 3.15%
University of Rajshahi 2.10%
Dhaka University 1.40%
Govt. Commerce College, Chittagong 1.05%
Port City International University 1.05%
Govt. Commerce College, Chattogram 1.05%

Interested By Age Range

Age Range Percentage (%)
20-30 19.93%
31-35 9.44%
36-40 12.94%
40+ 53.85%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 9.15%
20K-30K 12.68%
30K-40K 4.93%
40K-50K 5.63%
50K+ 67.61%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 15.03%
0.1 - 1 years 4.55%
1.1 - 3 years 3.85%
3.1 - 5 years 5.59%
5+ years 70.98%

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