Chief Financial Officer

Job Description

Title: Chief Financial Officer

Company Name: LSI Industries Ltd

Vacancy: 01

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Master of Business Administration (MBA)
∎ ICMA qualified with Masters/ MBA (Accounting/ Finance) from any reputed Institutes/ Universities with good academic record.

Experience Requirements:
∎ 10 to 14 year(s)
∎ The applicants should have experience in the following area(s): Accounts, Audit, Company Secretary/ Share Division, Finance, Tax (VAT/ Customs Duty/ Income Tax)
∎ The applicants should have experience in the following business area(s): Garments, Garments Accessories, Manufacturing (FMCG)

Job Responsibilities:
∎ a) Costing
∎ Perform month end close activities related to Cost Accounting.
∎ Prepare actual vs. plan (budget) analysis. Prepare various financial analysis related to manufacturing costs, inventory, and expense information for various customers as needed for decision making support.
∎ Set up new raw material, packaging, WIP, and FG items; create and maintain production BOMs; maintain periodic cost rolls/updates
∎ Records cost information for use in controlling expenditures.
∎ Prepares estimates of new and proposed product or service costs.
∎ Provides management with reports specifying and comparing factors affecting prices and profitability of products or services.
∎ Develop and maintain standard costs of finished goods and production components in a worldwide ERP system.
∎ Maintain and improve processes and controls associated with manufacturing costs and inventory valuation.
∎ Lead and manage the quarterly excess and obsolete inventory review process.
∎ Ensure validity and accuracy of ERP through analysis, internal audit, and coordination with inventory control, production and work order processing.
∎ b) Accounting & Financing
∎ Direct and oversee all aspects of the Finance & Accounting functions of the organization.
∎ Ensure credibility of Finance group by providing timely and accurate analysis of budgets, financial trends and forecasts.
∎ Ensure that effective internal controls are in place and ensure compliance with GAAP and applicable state and local regulatory laws and rules for financial and tax reporting.
∎ Take hands-on lead position of developing, implementing, and maintaining a comprehensive job cost system.
∎ Analyze cash flow, cost controls, and expenses to guide business leaders.
∎ Analyze financial statements to pinpoint potential weak areas.
∎ Coordinate the preparation of financial statements, financial reports, financial forecasting, and budgets.
∎ Oversee the approval and processing of revenue, expenditure, and position control documents, department budgets, mass salary updates, ledger, and account maintenance.
∎ Approve and coordinate changes and improvements in automated financial and management information systems for the company.
∎ Develop and implement finance, accounting, billing, and auditing procedures.

Additional Requirements:
∎ Age 45 to 55 years
∎ Only males are allowed to apply
∎ Associate Cost & Management Accountant (ACMA)• Large manufacturing industry experience a plus Hands on ERP experience preferred
∎ 5+ years of accounting experience; cost accounting preferred
∎ 3+ years of operational experience, especially with inventory
∎ Excellent analytical skills with a strong focus on accuracy and attention to detail
∎ Excellent communication skills and high confidence in stating professional opinions
∎ Strong grasp of GAAP accounting and general accounting concepts
∎ Extremely strong Excel skills, especially advanced financial modeling and analytical techniques
∎ Demonstrated ability to streamline and automate complex processes

Salary:
∎ Negotiable
∎ Two festival Bonus

Compensation & Other Benefits:
∎ Mobile bill
∎ As per company policy

Application Deadline: December 20, 2019

Company Information:
∎ LSI Industries Ltd
∎ Address : 55, Suhrawardi Avenue, Gulshan, Baridhara, Dhaka-1212.
∎ Web : www.lsitwn.com
∎ Business : LSI Industries Ltd was established on September 02, 1998 at Dhaka Export Processing Zone. It is a 100% foreign owned garments accessories company. LSI now wants to expand its business and this is why it was converted into a public company under the Companies Act, 1994. It also wants to go to Initial Public Offering very shortly. It needs employment of very efficient, dynamic, educated and energetic individuals in its factory and head office.

Category: Accounting/Finance

Read Before Apply: Applicant should enclose Photograph with CV

Source: bdjobs.com

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