Finance Controller - Fabric Division (Factory Compound)

Job Description

Title: Finance Controller - Fabric Division (Factory Compound)

Company Name: DBL GROUP

Vacancy: Not specific

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ M. Com. in Accounting/Finance/AIS from any reputed University;
∎ Fellow of Chartered Accountant (FCA) are allowed to apply;

Experience Requirements:
∎ At least 10 year(s)

Job Context:
∎ The role of this position requires to support the Divisional- CEO and BOD to take proper and timely decisions by providing various analytical reports collected from the Group Finance & Accounts. He has to establish the controlling environment for both operational and financial. His reports and initiative will help the top management to achieve the divisional goals and objectives.
∎ The position is accountable for growth & control of the entire Fabric Division by effectively managing financial accounting, Management Accounting, Budgeting and Internal Controls.
∎ Job Location : Kashimpur, Gazipur

Job Responsibilities:
∎ Financial Analysis, Budgeting and Forecasting:
∎ Closely work with Divisional CEO regarding various operational and financial KPI's by coordinating with group Finance & Accounts team.
∎ Prepare and present monthly financial reports including monthly profit and loss by division, budget vs. actual for Fabric Division
∎ Formulate Variance Analysis report of the Profit & Loss for respective business Units;
∎ Identify, develop and execute analysis of business initiatives, product launches and/or new service offerings.
∎ Develop and maintain monthly operating budget and annual company operating budget.
∎ Assess and evaluate financial performance of organization with regard to long-term operational goals and forecasts;
∎ Participate in weekly conference calls with Lenders, Vendors and Executive Leadership Team.
∎ Financial Controlling:
∎ Implement and report proper Controlling system for both financial and operational activities;
∎ Enhance and implement financial and accounting systems, processes, tools and control systems
∎ Cash Flow Management and Following up Cash Forecast;
∎ Implement timely internal Controls and proper Finance Work Flow;
∎ Monitoring and Controlling AP, AR, Production and Administrative Expenses;
∎ Ensure timeliness and accuracy of financial and management reporting data and provide to reporting lines and business head;
∎ Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation;
∎ Financial Reporting:
∎ Create and establish yearly financial objectives that align with the company's plan for growth and expansion.
∎ Make sure to maintain Accuracy, Transparency and Control in Financial Reporting;
∎ Provide Monthly Finance Review;
∎ Periodic report presentation to the respective authorities and BOD's;
∎ Banking and Financing:
∎ Maintain Smooth Cash Flow of concerned Units
∎ Negotiate and monitor the Bank Interest and Charges
∎ Satisfy the Lenders' requirements and liaise with Lenders and Institutions.
∎ Production Monitoring and Fabric Sales & Marketing:
∎ Monitor and involve in the Production Efficiency and co-relate Production Efficiency with Cash Forecast Efficiency.
∎ Involve and monitor the Capacity Planning and co-relate the Export Projection with the Cash Forecast.
∎ Be able to do the pre Costing and compare with Post Costing with Variance Analysis for each Style
∎ Be involved in the Waste Material Management and find tools to mitigate and manage wastage.
∎ Be involved and control the Machine deployment and movement.
∎ Commercial:
∎ Monitor the Export Register and follow up the Payments from the Customers and reconcile the Ex-Factory with Export Invoices of the Sales.
∎ Monitor and Control the Logistics and Demurrages and Port Handling Charges and monitor the Imports and Export Documentation and process
∎ Formulate Budgeting and Reporting and Controlling Variance Analysis of the Profit & Loss for respective business Units;
∎ Negotiate the Commercial-related expenses and Charges with Comparisons.
∎ Inventory Management:
∎ Monitor the Inventory (physical and in the system) on a periodical basis and Assure and Control the Stores Documentation procedures.
∎ Control and monitor the procedure of the additional Material Issues.

Additional Requirements:
∎ At least 10 years of experience in relevant field out of which 2-3 years proven track record in similar role for leading an managing a large Group of Industries;
∎ In-depth understanding of operational issues and policy work at state, national and international levels;
∎ Sound and up-to-date knowledge of development concepts, methodologies and techniques including demonstrated expertise;
∎ Excellent management leadership skills as well as facilitation and capacity building for inter-linkages between Senior Officials and Management/ BODs;
∎ Conceptual, analytical, documentation and presentation skills;
∎ Proficiency in English language and a familiarity with the particular country environment as if effects development strategies;

Compensation & Other Benefits:
∎ We offer excellent work environment, attractive compensation package with other fringe benefits as per company policy and performance-based career progression.

Job Source: Online Job Posting.

Application Deadline: 25 Sep 2022

Company Information:
∎ 15 Sep 2022
∎ Address : Capita South Avenue Tower (6th Floor), House No # 50, Road No # 03, Gulshan Avenue, Gulshan 1, Dhaka - 1212
∎ Web :

Category: Accounting/Finance

: Interested candidate satisfying above requirements please send a complete CV with a recent color photograph mentioning only "Finance Controller - Fabric Division" in the subject field. The incumbents may also apply on [email protected]

Similar Jobs

DGM/GM-Finance and Banking

Manager Accounts, Vat & TAX

Accounts Manager


Accounts Officer ( Argent Need)


Chief Financial Officer (CFO), Finance & Accounts

Assistant Manager (Internal Audit)

Finance and Administration Manager

Bangla Job

Executive - Finance and Accounts

Bangla Job

Bangla Job

Chief Financial Officer (Group CFO)

Accounts Executive

Accounts and Admin Officer

Assistant Manager - Finance & Accounts

Manager - Accounts and Finance

Bangla Job

Assistant Manager - Accounts (Garments Accessories)

Asst. Manager (Accounts & Finance)

Accounting Executive - Female (Back Office)

Audit & Compliance Officer

Executive (Accounts & Logistics)

Probationary Officer (PO)

Executive/ Sr. Executive- Accounts & Finance

Accounts Officer

Executive/Sr. Executive (Recovery)

AGM (Audit)

AGM (Audit) – A Sister Concern of Mondol Group

Assistant Manager (Accounts)

Manager (Accounts)

Asst. Manager/Deputy Manager, Accounts Receivable

Executive - Accounts/ Cash

Senior Executive/ Assistant Manager (Accounts)

Accounts Officer (Female)

Executive (Accounts)

Factory Accounts Cam Store

Accounts Supervisor

Executive , Accounts & Admin