Chief Financial Officer

Job Description

Title: Chief Financial Officer

Company Name: Simba Fashions Ltd.

Vacancy: Not specific

Job Location: Narayanganj (Narayanganj Sadar)

Employment Status: Full-time

Educational Requirements:
∎ Master of Commerce (MCom) in Accounts, Finance
∎ Postgraduate Honors and Masters FCA- Accounting , Financial Management or Management Accounting.
∎ Registered chartered accountant Institute of Chartered Accountants

Experience Requirements:
∎ At least 15 year(s)

Job Responsibilities:
∎ Keep abreast of trends, legislation and best practices within the financial management field and industry in which the company operates in order to optimise service offering and delivery.
∎ Collaborate with senior management to formulate short and long-term strategic financial objectives and operating strategies for the business, in line with the overall business strategy of the segment, as well as the overall financial strategy of the Group.
∎ Support the development of new business initiatives by studying economic trends and revenue opportunities, unpacking the financial implications and make recommendations regarding the financial viability of new business.
∎ Contribute to the design and development of Group Finance strategies, policies and practices and oversee the implementation of finance strategies, policies and practices within the segment.
∎ Direct and oversee all aspects of the finance functions (accounting, tax, capital management etc.) of the segment, ensuring healthy financial management within the segment.
∎ Manage and minimize the company's financial risk exposure by developing and maintaining systems of internal controls, liaising with Risk Management functions as appropriate.
∎ Support the planning and management of internal audit activities in collaboration with the risk team.
∎ Expose financial operation, accounting & reporting, crafting, and developing internal control systems.
∎ Define, design, and analyze business processes and monitoring costs and profitability statements.
∎ Maintain Making Marge Accounts, handling asset valuation
∎ Understand taxation policy and lead tax planning for the organization to gain maximum tax benefits with adherence to compliance.
∎ Understand financial laws, tax implications, regulatory mechanisms around investments and advise management for necessary action to save cost, maximize gain;
∎ Ensure all regulatory compliance relating to the Company Act, Income tax, Corporate Tax, Personal Tax, Tax Return, VAT, Company Closing, Company law, etc.
∎ Dealing audit matter with the audit team in a routine manner to improve systems.
∎ Developing and implement the system for Accounts Receivable management.
∎ Development of an internal control system to minimize the opportunity for cash mishandling to safeguard the company's assets. Supervise, monitor, and control assets management and movement.
∎ Maintaining and ensuring integrity in the accounting system, ensuring it remains effective and operational at all times.
∎ Monitoring the financial performance of the operation on the company's ERP/ Tally, analyze data, and prepare reports for the management and ERP Automation;
∎ Reviewing and monitoring financial compliance, carry out financial audits;
∎ Reviewing Monthly Management Reports and Project Summary Reports and make recommendations as required;
∎ As a Head of the accounts & finance is accountable for the entire financial and risk management operations of the companies, to include the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results.
∎ Maintaining in-depth relations with all members of the management team.
∎ Oversee the company's transaction processing systems, Implement operational best practices
∎ Implement a proper reporting system for controlling and monitoring all financial transactions.
∎ Direct and oversee all aspects of the Finance & Accounting functions of the organization.
∎ Oversee accounting statement preparation and their audit;
∎ Ensure effective connection with financial institutions to seek maximum leverage for the organization;
∎ Identify areas of applicable process improvement and cost reduction; guide the team to implement improvement measures; periodically track adherence to schedule and progress achieved.
∎ Other Duties & Responsibilities as assigned by the Management from time to time.

Additional Requirements:
∎ Age at least 45 years
∎ Business Acumen
∎ Strategic Thinking
∎ Diversity and Inclusiveness
∎ Leads Change and Innovation
∎ Self-Awareness and Insight
∎ Drive for Results
∎ Impact and Influence
∎ Institutional Process Analysis & Redesign
∎ Client / Stakeholder Commitment
∎ Motivating and Inspiring Team

Salary: Negotiable

Compensation & Other Benefits:
∎ Mobile bill
∎ Lunch Facilities: Partially Subsidize

Application Deadline: 24 Dec 2020

Company Information:
∎ 24 Nov 2020
∎ Simba Fashions Ltd.
∎ Address : Simba Fashions Ltd.

Category: Garments/Textile

Source: bdjobs.com

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