DGM, Accounts (Meghna PVC Limited)
Job Description
Title: DGM, Accounts (Meghna PVC Limited)
Company Name: Meghna Group of Industries.
Vacancy: Not specific
Job Location: Narayanganj
Employment Status: Full-time
Educational Requirements:
∎ ACA/ ACMA, Having Master Degree in Accounting/ Finance
Experience Requirements:
∎ At least 12 year(s)
∎ The applicants should have experience in the following area(s):
Accounts
∎ The applicants should have experience in the following business area(s):
Chemical Industries, Group of Companies, Manufacturing (FMCG), Manufacturing (Light Engineering & Heavy Industry)
Job Responsibilities:
∎ Overhead Cost Management: a) Minimize the manufacturing cost of PET Resin & PVC by identifying cost control points through analyzing different types of overhead costs such as rent, utilities, electricity bill, salary, indirect labor cost, indirect raw materials bills, etc. b) Make sure the standard efficiencies of manufacturing units in terms of Machine efficiencies, material yields, labor and overhead costs versus budget.
∎ Production & Raw Material Consumption Variance Analysis: a) Ensure the profitability of various product by analyzing SKU and size wise raw material cost variance. b) Control the raw material cost by analyzing and monitoring closely the raw material consumption of each product comparing the BOM/ Budget. c) Assist the management in making efficient, detailed & forward looking decision by identifying the causes of variance in financial and the operational data through analyzing and interpreting variances on monthly basis.
∎ Store & Inventory Management: a) Ensure the best use of working capital by managing all the activities of store department through proper storage of all Raw Materials, Equipment, and Spare Parts needed at plant. b) Ensure the accuracy of inventory by conducting inventory audit through preparing monthly and quarterly variance summary reports. C) Ensure the worth of stock through taking precautionary measure to prevent the inventory from becoming obsolete. d) Ensure the uninterrupted flow of various materials to the concerned departments engaged in the production process by closely monitoring (Purchase Requisition), SR (Store Requisition) and ensure entry in computerized inventory management system by ERP software.
∎ Factory Accounts Management: a) Ensure the accuracy of all accounting results including all revenue, disbursements, liability and property, inventory, capital credit records, Power Cost Equalization (PCE) calculations and rate adjustments, and timely submission of thorough and complete reports as required by, management or Board of Directors. b) Substantiate the financial health of the company by planning and controlling company accounts, cash and bank transactions, receipt and payment statement & cash and fund flow statement. C) Confirm the accuracy of financial statements by monitoring monthly accounts including prepayments, accruals, variance analysis and ensure necessary reconciliation thereof.
∎ Asset Management: a) Ensure the longevity of every asset through maintaining and updating fixed asset and their periodic depreciation on the register. b) Ensure the proper maintenance of assets by developing and implementing asset management policy by reviewing all asset management reconciliations. C) Assure the utilization of every assets by developing procedures to assess the impairment, residual value and use life of the assets.
∎ Landed Cost Management: a) Ensure profit margin by providing accurate information during product pricing through proper calculation of landed costs such as shipping/ freight cost, insurance cost, customs cost, port charges etc. b) Support in global trading by estimating & monitoring landed costs for every product through correct costs apportioning supported volume, value, quantity, etc.
∎ Reporting: a) Ensure that there is an effective system for accurate, reliable and timeous financial reporting. b) Ensure accuracy and conformity with established accounting classifications in monthly, quarterly and annual financial reports through reviewing and analyzing various operating and financial statements.
∎ Wastage Management: Ensure the factory's operational efficiency by monitoring & controlling wastage, left over & excess/short shipments and communicate it to the top management at regular interval
∎ Coordination with other Departments: Ensure a bridge of cooperation with other departments by maintaining co-ordination with different functional lines such as the Supply chain Dept., Sales Dept., Marketing Dept. and Head Office, etc.
∎ Team Guardianship: a) Take care of team members through motivation, inspiration and guidance that encourages team bonding within the department. b) Maximize the potentiality of team members by developing & growing them through training, mentoring & supervising that contribute to the growth of the organization.
∎ Relationship with Management: a) Maintain good relationship with Management by ensuring proper support which includes identify opportunities for efficiencies, profitability improvement, loss control and reduction, revenue enhancement and operational improvements. b) Develop collaborative relationship with all the Business Leaders of MGI through maintaining proper bridge of cooperation, facilitation & group cohesiveness
Additional Requirements:
∎ Age 40 to 50 years
∎ Candidates should have minimum 12 years of experience therein 5 years in managerial role at any Group of Companies/ FMCG/ MNC.
∎ Candidate Should have working experience in IAS (International Accounting Standards)/ IFRS (International Financial Reporting Standards), Company Act, Income Tax, VAT & Commercial activities
∎ Fluent verbal and written communication skills in English and Bengali.
∎ Strategic Leadership skills & Proactive attitude
∎ Physically fit
Salary: Negotiable
Job Source: Bdjobs.com Online Job Posting.
Application Deadline: 21 Nov 2022
Company Information:
∎ 14 Nov 2022
∎ Meghna Group of Industries.
∎ Address : Fresh Villa, House # 15, Road # 34, Gulshan 1, Dhaka-1212. or FMCG Office, House # 23, Road # 24, Gulshan 2, Dhaka-1212.
∎ Web : www.mgi.org
∎ Business : Meghna Group of Industries is one of the leading business conglomerate in Bangladesh having modern manufacturing facilities & plants for Cement, Beverage, Tissue & hygiene products, Full Cream Milk Powder, Condensed Milk, Steel, Edible Oils, Atta, Maida, Suzi, Water, Paper, Mustard Oil, Spices, PP Woven Bag, Poultry Feeds, LPG, Aviation & Power Plant etc.
Category: Accounting/Finance
Deadline Expired on 21st Nov 2022
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