Deputy Manager/ Manager, Factory Finance

Job Description

Title: Deputy Manager/ Manager, Factory Finance

Company Name: Petromax LPG Limited

Vacancy: 1

Location: Tangail

Salary: Negotiable

Experience:
∎ 8 to 10 years

Published: 12 Jan 2025

Education:
∎ Master of Commerce (MCom) in Finance, Master of Business Administration (MBA) in Finance
∎ Minimum MBA / M. Com from any reputed university with a major in Finance
∎ Candidates with part qualified CA/CMA will get preference

Requirements:

Additional Requirements:
∎ At least 8-10 Years of experience in Finance, with minimum 5-6 years experience in managing Factory Finance
∎ Must have experience of working in SAP (FICO, MM, PP , PQM modules)
∎ Expertise in preparing Financial Statement / Product Costing / Factory Budget preparation and control
∎ Must have knowledge of Factory operation process & cost saving program

Responsibilities & Context:
∎ Responsible for developing and managing budgets for our 3 factories.
∎ Required to work with department managers to develop budgets and forecasts and ensure cost are within the budget.
∎ Responsible to manage the preparation of financial statements as per IFRS.
∎ Will be required to prepare the product costing and analyze factory costs and recommend to senior management on how to reduce costs and improve profitability.
∎ Responsible for generating cost saving idea and drive Factory cost saving program.
∎ Responsible for rolling out SAP in factory, guide / train factory team, be process champion in Factory for Fixed Asset, FICO, PP modules in SAP.
∎ Monitor Factory Cost vs Price quotation given to customer.
∎ Partner with/ assist Plant head in improving plant performance, cost efficiency and control in factories.
∎ Identify and manage financial risks associated with the factory's operations.
∎ Ensure compliance in line with all relevant financial regulations, licenses and laws.
∎ Stay up to date with changes in regulations and laws and ensure that the factory is fully compliant.
∎ Ensure control over inventory and Fixed assets.
∎ Supervise finance team of our 03 plants.
∎ Responsible for developing and managing budgets for our 3 factories.
∎ Required to work with department managers to develop budgets and forecasts and ensure cost are within the budget.
∎ Responsible to manage the preparation of financial statements as per IFRS.
∎ Will be required to prepare the product costing and analyze factory costs and recommend to senior management on how to reduce costs and improve profitability.
∎ Responsible for generating cost saving idea and drive Factory cost saving program.
∎ Responsible for rolling out SAP in factory, guide / train factory team, be process champion in Factory for Fixed Asset, FICO, PP modules in SAP.
∎ Monitor Factory Cost vs Price quotation given to customer.
∎ Partner with/ assist Plant head in improving plant performance, cost efficiency and control in factories.
∎ Identify and manage financial risks associated with the factory's operations.
∎ Ensure compliance in line with all relevant financial regulations, licenses and laws.
∎ Stay up to date with changes in regulations and laws and ensure that the factory is fully compliant.
∎ Ensure control over inventory and Fixed assets.
∎ Supervise finance team of our 03 plants.

Compensation & Other Benefits:
∎ Mobile bill, Provident fund, Insurance, Gratuity
∎ Salary Review: Yearly
∎ Lunch Facilities: Full Subsidize
∎ Festival Bonus: 2

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Tangail

Job Highlights:
∎ Job Grade: Deputy Manager/ Manager
∎ Job Location: Petromax Cylinders Ltd, Syedpur, Gorai, Mirzapur, Tangail
∎ Reports to: Finance Controller
∎ Division: Finance & Accounts
∎ Working Days: Saturday to Thursday (6 days)

Company Information:
∎ Petromax LPG Limited
∎ Crystal Palace, Level: 12, House: SE(D) 22, Road:140, Gulshan-1 Dhaka-1212, Bangladesh
∎ Petromax LPG is now a company of SHV energy, the global leader in LPG distribution. Petromax LPG operates nationwide through its two filling plants in Mongla & Rupganj. Also Petromax Cylinders Limited is a state-of-the-art international standard cylinder manufacturing plant situated in Tangail.

Globally, SHV Energy aims to position itself within the changing energy market as a supplier of low-carbon and renewable energy options for applications beyond the utility grids. We serve many sectors, including the domestic, industrial, public, hospitality, agricultural, transport, and automotive sectors. Our key products are LPG, LNG, and bioLPG.

Address::
∎ Crystal Palace, Level: 12, House: SE(D) 22, Road:140, Gulshan-1 Dhaka-1212, Bangladesh
∎ Petromax LPG is now a company of SHV energy, the global leader in LPG distribution. Petromax LPG operates nationwide through its two filling plants in Mongla & Rupganj. Also Petromax Cylinders Limited is a state-of-the-art international standard cylinder manufacturing plant situated in Tangail.Globally, SHV Energy aims to position itself within the changing energy market as a supplier of low-carbon and renewable energy options for applications beyond the utility grids. We serve many sectors, including the domestic, industrial, public, hospitality, agricultural, transport, and automotive sectors. Our key products are LPG, LNG, and bioLPG.

Read Before Apply: Please apply only who are fulfilling all the requirements of this job

Application Deadline: 31 Jan 2025

Category: Accounting/Finance

Interested By University

University Percentage (%)
National University 27.69%
University of Dhaka 6.69%
Jagannath University 4.70%
University of Rajshahi 2.09%
Dhaka College 1.46%
University of Chittagong 1.36%
Southeast University 1.04%
Daffodil International University (DIU) 1.04%
Dhaka International University 0.94%
East West University 0.94%

Interested By Age Range

Age Range Percentage (%)
20-30 12.54%
31-35 27.06%
36-40 31.14%
40+ 26.12%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 2.72%
20K-30K 3.03%
30K-40K 5.12%
40K-50K 10.14%
50K+ 79.00%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 4.18%
0.1 - 1 years 2.61%
1.1 - 3 years 6.37%
3.1 - 5 years 7.42%
5+ years 79.41%

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