Executive -Banking & Incentive

Job Description

Title: Executive -Banking & Incentive

Company Name: S.B Knit Composite & Sakura Dyeing Garments Ltd.

Vacancy: --

Age: Na

Job Location: Narayanganj

Salary: Negotiable

Experience:

• At least 5 years
• The applicants should have experience in the following business area(s): Buying House, Dyeing Factory

• Bachelor of Business Administration (BBA)
• Master of Business Administration (MBA)

• Isu & Finance

• At least 5 years
• The applicants should have experience in the following business area(s): Buying House, Dyeing Factory

• The applicants should have experience in the following business area(s): Garments

• Additional Requirements

• Skills & Competencies:

• Strong negotiation and communication skills

• Excellent knowledge of garment manufacturing processes

• Understanding of international trade and export documentation

• Ability to manage multiple orders simultaneously

• Strong analytical and problem-solving skills

• Proficiency in ERP systems and MS Office

A Banking & Incentive (or Cash Incentive/Commercial) role primarily focuses on managing the end-to-end process of securing government subsidies, incentives, or rebates for export-oriented companies (commonly in garments, textiles, or IT/ITES sectors). This role acts as the liaison between the company, commercial banks, and regulatory bodies to ensure timely receipt of incentives, requiring specialized knowledge of import/export formalities.

Key Responsibilities

• Incentive Claim Management: Prepare, review, and submit incentive claim documents ("Kha/Gha" forms), cost breakdowns, and master files to banks and regulatory authorities.

• Documentation & Compliance: Maintain accurate records of export proceeds realization, back-to-back L/Cs, shipping documents, and ensure compliance with Bangladesh Bank, BGMEA/BKMEA, and BTMA rules.

• Bank & Authority Liaison: Coordinate with commercial banks, auditors, and industry associations (BGMEA, BTMA) for timely audit and approval of incentive files.

• Calculations & Reporting: Accurately calculate cash incentives based on export invoices and verify PRC (Proceed Realization Certificate) and bank certificates.

• Process Optimization: Identify and maximize potential incentive opportunities to minimize delays in incentive realization.