Executive Director Accounts

Job Description

Title: Executive Director Accounts

Company Name: NASSA GROUP

Vacancy: 1

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Chartered Accountant- FCA

Experience Requirements:
∎ At least 20 year(s)

Job Context:
∎ NASSA is looking for a Director Accounting Operations who will head the Financial Accounting department managing the Accounting functions for the group.
∎ The Candidate would be responsible for overseeing the General Accounting and Financial Reporting functions including
∎ Payroll
∎ Revenue accounting
∎ A/R
∎ A/P
∎ Book close, Audit, General Ledger Management,
∎ • custodianship of all fixed assets and
∎ all statutory compliances like sales tax/GST/Payroll taxes etc.
∎ He/She would be responsible for implementing and maintaining a system of internal controls that will ensure that company assets are adequately safeguarded and that all financial reporting is prepared in compliance with all financial policies and Bangladesh specific GAAP.
∎ Position Reports To: Financial Controller

Job Responsibilities:
∎ Oversees the general accounting function, which includes Payroll, Billing/Credit/A/R, A/P, Bank accounting and operations, Book close, Audit, General Ledger Management, inter-company accounting, financial reporting and balance sheet management for group entities.
∎ Develops, implements, and maintains internal control procedures to provide reasonable assurance that the company assets are protected.
∎ Coordinates and oversees the activities relative to internal controls documentation, testing and segregation of duties.
∎ Provides technical accounting GAAP guidance and support to all company entities.
∎ Responsible for proper timing and application of revenue recognition rules. This currently entails review of each Statement of Work and its terms for determination of proper timing of revenue recognition. Involves significant interaction with Sales and Delivery.
∎ Ensures that company financial records, under responsibility, are maintained in compliance with company policies and local country GAAP. Responsible for reviewing monthly/quarterly account reconciliations and other documents to ensure this compliance.
∎ Ensures that company financial reports are prepared in compliance with policies and directives and GAAP requirements.
∎ Supervises the completion of Federal and State tax reporting requirements (including income, sales and use, payroll and other local taxes) and insurance reports. Also, assists Corporate Tax, Treasury and Risk departments with dealing with tax related issues and meeting reporting requirements.
∎ Ensure compliance of applicable taxes, viz., income tax, withholding taxes, VAT, Service Tax, RBI, FEMA, SEZ etc. and all regulatory reporting is completed timely and accurately and the accounting and reporting in line with the applicable accounting standards and completion of statutory required reporting.
∎ Coordinates external & internal reporting. Assumes principal responsibility for improving and standardizing financial consolidation and reporting processes across the company.
∎ Coordinates work relating to both internal and external audits in the periodic review of the company financial records. Is further responsible for the implementation of agreed upon recommendations, related to areas of responsibility, resulting from the audit findings
∎ Ensures that the computer system continues to operate as required. Involved in validating/designing suggested changes to ensure accounting requirements continue to be met.
∎ Ensures that the accounting department is staffed with qualified financial personnel capable of meeting the objectives and responsibilities, noted above. Responsible for continued development of these associates.
∎ Will have direct management responsibility of the following: General Accountants, Billing Manager, Accounts Payable and Payroll Manager.
∎ Assist company consultants in preparation of work papers supporting various tax filings
∎ Works closely with cross teams to ensure decision-making is based on the most relevant and timely information available. Provides assistance as required to support budget and forecast assumptions.

Additional Requirements:
∎ Age at least 45 years
∎ 20 years + of combined Public Accounting and Private Industry accounting experience within a multinational business.
∎ Strong knowledge of GAAP, IFRS, VAT internal controls and financial reporting, required.
∎ Working experience with accounting software. ERP will be a plus.
∎ Experience maintaining books in foreign currency and preparation and reporting of consolidated financial statements is highly desired.
∎ • Prior management experience required.
∎ Demonstrated ability to form, lead and develop high-performing teams.
∎ Ability to work collaboratively across departmental functions
∎ Experience in analyzing business performance within a service industry environment desirable.
∎ Background in automation of accounting processes and engagement in shifting to a different accounting software will be a big plus.
∎ Excellent communication and leadership skills are mandatory
∎ Good working knowledge of MS Office. Working knowledge of database will be a plus.

Salary: Negotiable

Compensation & Other Benefits:
∎ As per company Policy

Application Deadline: 11 Mar 2021

Company Information:
∎ 9 Feb 2021
∎ NASSA GROUP
∎ Address : 238, Tejgaon Industrial Area, Gulshan Link Road, Dhaka-1208
∎ Web : www.nassagroup.org
∎ Business : EXPORTER

Category: Accounting/Finance