General Manager, Finance & Accounts

Job Description

Title: General Manager, Finance & Accounts

Company Name: 100% Export Oriented Ready Made Garments Factory

Vacancy: --

Age: 35 to 40 years

Location: Dhaka

Experience:
∎ 10 to 15 years

Published: 20 Mar 2024

Education:
∎ Chartered Accountant with Master’s degree in Accounting, Finance or a related field preferable.

Requirements:

Additional Requirements:
∎ Age 35 to 40 years
∎ The applicants should have experience in the following business area(s): 100% Export Oriented Ready Made Garments Factory (Knit Composite & Sweater)
∎ Applicants should have experience in Cost Accounting (Manufacturing & pre- Costing) in RMG sector.
∎ Strong analytical and problem-solving skills;
∎ Strong communication skills (Both in Bangla & English) with the ability to effectively engage with stakeholders at all levels;
∎ Excellent leadership skills;
∎ Ability to work under pressure & meet deadline;
∎ Proficient in Microsoft Office Suite;
∎ Basic knowledge on ERP.
∎ The applicants should have experience in the following business area(s): 100% Export Oriented Ready Made Garments Factory (Knit Composite & Sweater)
∎ Applicants should have experience in Cost Accounting (Manufacturing & pre- Costing) in RMG sector.
∎ Strong analytical and problem-solving skills;
∎ Strong communication skills (Both in Bangla & English) with the ability to effectively engage with stakeholders at all levels;
∎ Excellent leadership skills;
∎ Ability to work under pressure & meet deadline;
∎ Proficient in Microsoft Office Suite;
∎ Basic knowledge on ERP.

Responsibilities & Context:
∎ Financial Reporting: Preparing accurate financial statements including balance sheets, income statements and cash statements;
∎ Budgeting & Forecasting: Developing annual budgets, monitoring performance against budget and provide variance analysis;
∎ Cost Analysis and Management: Analyzing and managing costs throughout the companies. This involves conducting cost assessments, identifying cost drivers, and implementing cost control measures. To ensure that costs are effectively allocated and optimized to support companies’ objectives;
∎ Analyze production cost, material cost, operational cost and overhead expenses.
∎ Monitoring and reporting on variances between actual costs and standard costs.
∎ Conducting regular cost reviews to identify cost-saving opportunities.
∎ To collaborate with other departments to gather relevant cost data.
∎ To ensure buyer wise profitability analysis.
∎ Risk Management: Identifying financial risks and implement effective risk mitigation strategies;
∎ ERP System Management: Overseeing the implementation and maintenance of the ERP system for seamless financial processes;
∎ Tax & VAT Compliance: To ensure compliance with tax laws, handle tax filings and liaise with tax authorities;
∎ Capital Expenditure Evaluation: To evaluate capital expenditure proposals and recommend investment decisions;
∎ Land Management: Manage land-related financial transactions and documentations;
∎ Auditor Coordination: Coordinate with external auditors during audits and ensure timely submission of audit reports.
∎ Any other responsibilities as and when assigned by the Management.
∎ Arranging for internal audit throughout the companies
∎ To check and verify salary sheet, factory bills, stake holders bills and checking accuracy of store reports at final stage.
∎ Maintaining reports of daily expenditures and income and provide the report to Managing Director at the month end.
∎ Overall following up of all departments those are exist in the companies.
∎ Stay updated on industry best practices and recommend relevant changes & implementation of modern technology.
∎ Productivity analysis.
∎ Ensure compliance with relevant accounting standards and regulations.
∎ Assist in preparing documentation for audits.
∎ Work closely with the finance team to address any compliance issues.
∎ Collaborate with banks , financial organization & suppliers
∎ Job Context: As General Manager, Finance & Accounts, you will play a crucial role in overseeing the financial operations of the Group. You will collaborate with cross-functional teams, analyze financial data and provide strategic insights to drive business growth. The person will be reporting to Managing Director of the Group or to the BOD.
∎ Job Responsibilities:
∎ Financial Reporting: Preparing accurate financial statements including balance sheets, income statements and cash statements;
∎ Budgeting & Forecasting: Developing annual budgets, monitoring performance against budget and provide variance analysis;
∎ Cost Analysis and Management: Analyzing and managing costs throughout the companies. This involves conducting cost assessments, identifying cost drivers, and implementing cost control measures. To ensure that costs are effectively allocated and optimized to support companies’ objectives;
∎ Analyze production cost, material cost, operational cost and overhead expenses.
∎ Monitoring and reporting on variances between actual costs and standard costs.
∎ Conducting regular cost reviews to identify cost-saving opportunities.
∎ To collaborate with other departments to gather relevant cost data.
∎ To ensure buyer wise profitability analysis.
∎ Risk Management: Identifying financial risks and implement effective risk mitigation strategies;
∎ ERP System Management: Overseeing the implementation and maintenance of the ERP system for seamless financial processes;
∎ Tax & VAT Compliance: To ensure compliance with tax laws, handle tax filings and liaise with tax authorities;
∎ Capital Expenditure Evaluation: To evaluate capital expenditure proposals and recommend investment decisions;
∎ Land Management: Manage land-related financial transactions and documentations;
∎ Auditor Coordination: Coordinate with external auditors during audits and ensure timely submission of audit reports.
∎ Any other responsibilities as and when assigned by the Management.
∎ Arranging for internal audit throughout the companies
∎ To check and verify salary sheet, factory bills, stake holders bills and checking accuracy of store reports at final stage.
∎ Maintaining reports of daily expenditures and income and provide the report to Managing Director at the month end.
∎ Overall following up of all departments those are exist in the companies.
∎ Stay updated on industry best practices and recommend relevant changes & implementation of modern technology.
∎ Productivity analysis.
∎ Ensure compliance with relevant accounting standards and regulations.
∎ Assist in preparing documentation for audits.
∎ Work closely with the finance team to address any compliance issues.
∎ Collaborate with banks , financial organization & suppliers
∎ Workplace: Mainly Head office in Gulshan Area and frequent visit to Factory Premises (Gazipur)

Compensation & Other Benefits:
∎ T/A, Mobile bill
∎ Salary Review: Yearly
∎ Lunch Facilities: Full Subsidize
∎ T/A, Mobile bill
∎ Salary Review: Yearly
∎ Lunch Facilities: Full Subsidize

Employment Status: Full Time

Job Location: Dhaka

Company Information:
∎ 100% Export Oriented Ready Made Garments Factory

Read Before Apply: Please apply only who are fulfilling all the requirements of this job

Application Deadline: 19 Apr 2024

Category: Accounting/Finance

Interested By University

University Percentage (%)
National University 28.42%
University of Dhaka 9.16%
Jagannath University 4.97%
University of Rajshahi 1.86%
1.86%
University of Chittagong 1.55%
Stamford University Bangladesh 1.40%
Southeast University 1.09%
North South University 0.93%
ASA University Bangladesh 0.93%

Interested By Age Range

Age Range Percentage (%)
20-30 15.68%
31-35 12.11%
36-40 21.58%
40+ 45.65%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 4.20%
20K-30K 8.09%
30K-40K 6.38%
40K-50K 4.98%
50K+ 76.36%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 10.09%
0.1 - 1 years 2.17%
1.1 - 3 years 4.81%
3.1 - 5 years 4.97%
5+ years 77.95%

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