Chief Financial Officer
Job Description
Title: Chief Financial Officer
Company Name: Prime Insurance Company Limited.
Vacancy: 01
Job Location: Dhaka
Employment Status: Full-time
Educational Requirements:
∎ Chartered Accountant having wide experience as Chief Accountant in Finance & Accounts Department & vast knowledge on investment & fund management.
Experience Requirements:
∎ 8 to 12 year(s)
Job Responsibilities:
∎ To administer the Finance and Accounts Department.
∎ Oversee the preparation and communication of monthly, quarterly and annual financial statements.
∎ Ensure compliance with appropriate Accounting Principles adopted in Bangladesh.
∎ To initiate Memo for Meetings of Board, Executive Committee and Audit Committee relating to Finance and Accounts Department.
∎ To present the realistic Yearly Budget of the Company.
∎ To prepare materials of Accounts related information for Annual Report.
∎ To ensure proper deductions regarding source tax and VAT from bills before payment to parties.
∎ Ensure timeliness, accuracy, and usefulness of financial reporting.
∎ To supervise and ensure proper record keeping & reporting, smooth functioning of Accounts & Finance Department and legal and regulatory compliance regarding all finance.
∎ Monitor statutory and special audits.
∎ Ensure payment of advance tax timely and proper & timely filing of tax returns.
∎ To ensure the most profitable use of Company's fund through proper and effective investment (FDRs, shares and bonds etc).
∎ Maintain banking relationships and initiate appropriate strategies to enhance cash positions.
∎ Ensure establishment and maintenance of appropriate internal controls and financial policies and procedures.
∎ To evolve most economic system of managing the Company in an efficient and economic manner.
∎ To maintain all the rules and regulations of the Company & Rules and Regulations of IDRA and ensure financial payments timely.
∎ To ensure departmental cooperation and functioning.
∎ To ensure maintenance of proper books of accounts and timely submission of financial, administrative and other information to the IDRA & other regulatory authorities.
∎ To ensure that Company's accounts, financial matters etc are regularly and periodically audited by the internal and external auditors.
∎ To manage efficiently and effectively Company's fund and take appropriate steps to prohibit, minimize & probable misuse of fund.
∎ To synchronize management reporting system and to bring harmonization of intradepartmental functions.
∎ To ensure that the Company is maintaining required Solvency Margin Ratio as per the Insurance Act.
∎ To assist the Company Secretary as and when required.
∎ Liaison with the legal advisor to obtain legal guidance relating to finance for the company.
∎ Must have the practical experience in designing and implementation of various matters of Accounting, Costing, and Pay-roll.
∎ Must have the leadership capacity in the development for the continuous evaluation of short term and long term strategic financial activities of the Company.
∎ Any other jobs assigned by the Board, CEO from time to time in the greatest interest of the Company.
Additional Requirements:
∎ The applicants should have experience in the following area (s): Accounts, Finance & Audit.
∎ Strong communication abilities in Bangla and English, both oral and written.
∎ To familiarize with internal control requirements at different environments, local regulatory in respect to accounting, record keeping and property management system, travel policy, procurement and outsourcing activities.
∎ Hardworking, honest
∎ Proactive & willing to take challenge.
∎ Detail oriented; and to understand & follow instructions in right perspective.
Salary: Negotiable
Compensation & Other Benefits:
∎ As per Company Policy.
Application Deadline: January 30, 2020
Company Information:
∎ Prime Insurance Company Limited.
∎ Address : Unique Heights(9th floor), 117 Kazi Nazrul Isalm Avenue
∎ Web : www.prime-insurance.net
Category: Bank/Non-Bank Fin. Institution
Source: bdjobs.com
Deadline Expired on 30th Jan 2020
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