COO (chief operating officer)

Job Description

Title: COO (chief operating officer)

Company Name: One Direction Companies Limited

Vacancy: 01

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ BBA/MBA (Financia/Accounts) with professional qualifications (CA/CMA/CS/CIMA/ACCA) will be given additional advantages.

Experience Requirements:
∎ At least 10 year(s)
∎ The applicants should have experience in the following area(s): asset management, Investment Banking, marchant banking, Trading of Securities

Job Responsibilities:
∎ The Chief Operating Officer shall report directly to the Board of the company, and shall execute decisions made by the Board. The Chief Executive Officer shall be entitled to attend the Board's deliberation of matters pertaining to the 's management and share the views with respect to that.
∎ Work closely with investment professionals, portfolio company leadership teams to plan, appraise & drive performance improvement of Group portfolio companies and provide due diligence capabilities in new deals, Scope, and size potential post-deal opportunities.
∎ Act as the principal spokesperson in maintaining and engaging a broad cross- section of stakeholders, including investors, analysts, governments and communities. Effectively prepare for and represent the company in any media or community relations matters or legal proceedings that arise from operation of a business.
∎ Built and leads a high performing team of finance professionals following a period of significant turnover, restoring operational excellence; improved forecast accuracy and met the challenge of turning around the Group Finance Division to focus on compliance, financial stability, audit integrity & productivity increases.
∎ Drive cross-functional turnaround programs including process redesign, cost reduction, strategic decision, system upgradation, talent management, and other performance improvements.
∎ Develop and implement yearly plans - including milestone-driven detailed operating plans & provisions, Management information services for strategic decisions; that focus on successfully integrating Group portfolio companies to build a foundation for operational and financial success.
∎ Formulating and implementing the mission, policy, objective & strategic plan to ensure the company’s growth plans across all distribution channels including B2B, B2C, and Digital Marketing, leveraging a very strong execution and business development experience in the related industry to ensure that the company is consistently moving towards fulfilling its short-term, medium-term and long-term objectives.
∎ Leading group financial planning, budgeting, forecasting & variance analysis, formulation & review of Financial management, policies and procedures, treasury & cash management, internal control, and compliance with all statutory requirements.
∎ Systematically plan for the development, retention, and continuity of team's that are capable of achieving long-term sustainable growth. Ensure that succession plan for key critical position is in place for business continuity. Effectively communicate with all employees to keep them enthused and motivated to achieve the goals of the company
∎ Strengthen the institutional foundation by ensuring that is a process driven organization. Instill in the team's robust process orientation, such that all decisions are made based on structured processes. Additionally, develop a reset and analytics team that provides the management with well structure and analyzed data for informed decision making.
∎ Partner with Executive Management, Board, Business & IT to develop the annual financial business plan to gain buy-in & led company acquisitions, management buyouts or buy-ins and corporate restructuring.
∎ Work for Anti Money Laundering & Combating Financing of Terrorism (AML & CFT) activities and keeping record if any suspicious transaction found.
∎ Establish satisfactory risk systems and control procedures for all assets under management which meet defined standards, including systems for the management of market, credit, counterparty and operational risks, valuation and measurement of returns.
∎ Develop sound strategy on matters concerning changes in the acquisition / investment strategy, including new asset types to be included, investment / acquisition risk, benchmark with the market leader and other players in the market, investment limits and other operating parameters for the acquired assets under management.
∎ Prepare the plan to recover the Negative Equity Portfolio, Dealer Code Portfolio, strategic investment for the Legal Authority (like BSEC, BB) and reporting the same accordingly.
∎ To adopt Rules & Regulations: SEC Rules and regulations-1987, Stock dealer, Stockbroker & Authorized Representatives-2000, Settlement of Stock Exchange Transactions Regularations-1998, Depository user Regulations-2003
∎ Any Other Job assign by the Board of Directors.

Additional Requirements:
∎ Age at least 36 years
∎ Both males and females are allowed to apply

Salary: Negotiable

Compensation & Other Benefits:
∎ T/A, Mobile bill
∎ Lunch Facilities: Partially Subsidize
∎ Salary Review: Yearly
∎ Festival Bonus: 2
∎ As Per Company Policy.

Job Source: Online Job Posting.

Application Deadline: 5 Apr 2023

Company Information:
∎ 6 Mar 2023
∎ One Direction Companies Limited
∎ Address : Plot-1136/A, Floor-9, Block-I, 5th Avenue, Bashundhara R/A (Beside Walton Corporate Office) Khilkhet, Vatara, Dhaka-1229
∎ Web :
∎ Business : We are here to build a network hand in hand with the motto in our mind for the well-being of society where they can live a healthy and prosperous life. One Direction Companies Limited (ODCL) is going to set its footprint in different industries such as Financial, Marketplace, Retail, Commercial, Agro-tech, and Properties. ODCL is working towards providing products solutions that cater to smart living for the society.

Category: Others


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