Job Description
Title: Divisional Head of Finance
Company Name: A reputed group of companies
Vacancy: Not specific
Job Location: Dhaka
Employment Status: Full-time
Educational Requirements:
∎ Masters in Accounting or MAIS with Professional Certification: FCA/ FCMA/ ACA/ACMA
Experience Requirements:
∎ At least 9 year(s)
∎ The applicants should have experience in the following area(s):
Finance Management, Financial accounting, Financial Planning, Financial Reporting
∎ The applicants should have experience in the following business area(s):
Manufacturing (FMCG), Garments
Job Responsibilities:
∎ Responsible for all financial reporting functions including income statement, balance sheet, cash flow projections, accruals, etc for the Division together with the Finance Unit.
∎ Provide strategic financial support to the Division and guidance to the business unit budget controllers of the Division
∎ Provide guidance to the Executive and managers of the division in the interpretation of the management accounts
∎ Translate divisional strategy and strategic issues into appropriate financial and operational processed, policies and procedure
∎ Proactively liaise with Finance and Treasury to manage financial assets and liabilities of the division
∎ Anticipate management information requirements and design reporting systems to provide these in consultation with the Financial Management Unit
∎ Analyze financial statements and prepare financial reports and recommendations to Top Management concerning financial performance.
∎ Oversee the development, and implementation that assist in enhancing short-range and long-range financial stability.
∎ Collaborate with the senior management team on organizational planning and decision-making.
∎ Oversee organizational procurement, payroll, and contract functions and ensure best practices and efficiency.
∎ Overall responsibilities of management reporting covering all financial aspects.
∎ Good Knowledge of financial management, including financial planning, budgeting, and control to obtain the highest service advantage with a minimum cost impact, cost Control Cost Savings, etc.
∎ Monitor daily/monthly performance reporting and Analysis. (Financial statements and KPIs).
∎ Factory Performance Evaluation and efficiency analysis.
∎ Assist in monitoring and arrangement of capital expenditure of the company.
∎ Bank Financing, Banking liability & overdue statement preparation.
∎ Submit monthly business results with variance analysis.
∎ Assure books/records and systems are kept according to accounting standards as per IFRSs.
∎ Monitor and follow up on Working Capital Management and Recommended improvement areas.
∎ Review financial statements to prepare consolidated financial statements periodically.
∎ Prepare, Co-ordinate, and review monthly/annual budgets and their timely submission
∎ Report and suggest for the production, sales, and financial forecasting of the company.
∎ Control and report on the total import, export, and banking activities of the company.
∎ Required Vast Knowledge of Tax, VAT, Company Law, etc, and knowledge of ERP Software.
∎ Assess and evaluate the financial performance of the organization regarding long-term operational goals, budgets, and forecasts;
∎ Develop and maintain a monthly operating budget and annual company operating budget.
∎ Develop management reporting/ analytical tools/ key indicators for the accounts and finance section and report to the top management from time to time and whenever required.
∎ Focus on cost saving, efficiency programs, Product profitability, and Investment Analysis and reporting.
∎ Work with various department heads to upgrade internal controls, reporting systems, corporate policies & procedures, and implementation of the same where needed.
Additional Requirements:
∎ Age at least 30 years
∎ Both males and females are allowed to apply
∎ Skills Required: Analytical ability, Conceptual Thinking, Documentation, Excellent leadership skills, and Presentation skill.
Salary:
∎ Negotiable
∎ Attractive Compensation Package
Job Source: Bdjobs.com Online Job Posting.
Application Deadline: 19 Aug 2023
Company Information:
∎ 20 Jul 2023
∎ A reputed group of companies
Category: Accounting/Finance
:
