General Manager - Accounts & Finance

Job Description

Title: General Manager - Accounts & Finance

Company Name: Al - Muslim Group

Vacancy: 01

Age: At least 40 years

Job Location: Dhaka (Savar)

Salary: Negotiable

Experience:

• 12 to 15 years
• The applicants should have experience in the following business area(s): Garments, Garments Accessories, Textile

• Master’s degree in Accounting, Finance, or a relevant discipline from a recognized university.

• CA (CC), CMA, ACCA, or equivalent professional qualification will be an added advantage; preference may be given to candidates with a strong professional accounting background.

• 12 to 15 years
• The applicants should have experience in the following business area(s): Garments, Garments Accessories, Textile

• Age At least 40 years
• Only Male

• At least 5 years in a senior leadership role, such as GM, DGM, AGM, Head of Finance, or an equivalent position.

• Proven experience in the RMG, textile, garments manufacturing, or export-oriented manufacturing industry.

• Practical knowledge of garment costing, export-oriented manufacturing finance, banking, L/C operations, working capital, taxation, VAT, and statutory compliance.

• Accuracy and timeliness of monthly and annual financial reporting.

• Budget adherence and effective control of operating expenses.

• Cash flow forecasting accuracy and working capital optimization.

• Reduction in production costs and improvement in financial performance.

• Timely submission of tax, VAT, and statutory returns.

Job Context:

We are looking for a competent, strategic, and results-oriented General Manager – Accounts & Finance to lead the overall financial operations of our RMG business. The incumbent will be responsible for financial planning, budgeting, garments costing, cash flow management, banking and commercial finance, statutory compliance, internal controls, and financial reporting. The position requires strong expertise in export-oriented garment manufacturing, working capital optimization, cost efficiency, and profitability analysis to support sustainable business growth and strategic decision-making by Top Management.

Job Responsibilities:

• Financial Management & Reporting: Lead the preparation and analysis of monthly, quarterly, and annual financial statements, management reports, and consolidated financial reports for management decision-making.

• Budgeting & Financial Planning: Develop annual budgets, business plans, financial forecasts, and periodic budget-versus-actual analyses to ensure effective financial planning and resource utilization.

• Cash Flow & Treasury Management: Manage working capital, cash flow forecasting, banking facilities, fund allocation, loan management, and liquidity to ensure uninterrupted factory operations.

• Costing & Profitability Analysis: Oversee product costing, garment cost analysis, factory overhead allocation, contribution margin, production cost monitoring, and profitability analysis by unit, product, and customer.

• Accounts & General Ledger: Ensure accurate and timely maintenance of general ledgers, accounts payable and receivable, bank reconciliation, inventory accounting, fixed assets, depreciation, and month-end and year-end closing.

• Tax, VAT & Statutory Compliance: Ensure compliance with applicable Bangladesh tax, VAT, withholding tax, corporate tax, company law, financial reporting requirements, and other relevant statutory obligations within prescribed deadlines.

• Banking & Trade Finance: Manage relationships with commercial banks and financial institutions, including working capital facilities, import and export finance, L/C, back-to-back L/C, bank guarantees, export proceeds realization, and foreign currency transactions, as applicable.

• Export Proceeds & Foreign Exchange: Monitor export documentation, realization of export proceeds, outstanding bills, foreign currency exposure, and coordination with Commercial and Merchandising teams to support timely financial settlement.

• Internal Control & Risk Management: Establish and strengthen financial policies, SOPs, approval matrices, segregation of duties, fraud prevention measures, and internal control systems across all business units.

• Inventory & Asset Control: Ensure proper accounting and reconciliation of raw materials, trims, work-in-progress, finished goods, spare parts, fixed assets, and other inventories in coordination with Supply Chain, Commercial, and Factory Operations.

• Audit Management: Coordinate internal, external, tax, VAT, and other statutory audits; ensure timely submission of supporting documents and implementation of audit recommendations.

• Financial Analysis & Business Support: Provide management with financial insights, investment appraisals, cost-saving opportunities, profitability forecasts, and risk assessments to facilitate strategic business decisions.

• Payroll & Employee-Related Payments: Oversee financial controls for payroll, employee benefits, incentives, bonuses, final settlements, and other employee-related payments in coordination with HR and Administration.

• Accounts Receivable & Payable: Monitor customer collections, supplier payments, ageing reports, credit exposure, and payment schedules to maintain financial discipline and healthy business relationships.

• ERP & Process Improvement: Ensure effective utilization of ERP and accounting systems, strengthen financial data integrity, automate reporting, and improve the efficiency of accounting and financial processes.

• Team Leadership: Lead, mentor, and develop the Accounts & Finance team, establish performance targets, delegate responsibilities, and ensure timely and accurate delivery of departmental outputs.

• Interdepartmental Coordination: Work closely with Production, Merchandising, Commercial, Supply Chain, HR, Administration, Procurement, and Factory Management to align financial controls with operational requirements.

• Management & Board Reporting: Present financial performance, key financial indicators, cash flow positions, budget variances, business risks, and strategic recommendations to senior management and the Board, as required.