GM (Accounts/ Finance)

Job Description

Title: GM (Accounts/ Finance)

Company Name: Kattali Textile Limited

Vacancy: 01

Job Location: Chattogram

Employment Status: Full-time

Educational Requirements:
∎ Master of Business Administration (MBA) in Finance, Master of Business Administration (MBA) in Accounting
∎ University of Dhaka, University of Chittagong, North South University, Rajshahi University, BRAC University students will get preference
∎ Preferred Professional Certification: Fellow Chartered Accountants, Fellow Cost Management Accountant.

Experience Requirements:
∎ 12 to 15 year(s)

Job Responsibilities:
∎ Formulate and implement Strategic Business Policies, Protocol, and Standard Operating Procedure (SOP) of Financial Aspect.
∎ Expose financial operation, accounting & reporting, crafting, and developing internal control systems.
∎ Define, design, and analyze business processes and monitoring costs and profitability statements.
∎ Understand taxation policy and lead tax planning for the organization to gain maximum tax benefits with adherence to compliance.
∎ Understand financial laws, tax implications, regulatory mechanisms around investments and advise management for necessary action to save cost, maximize gain;
∎ Ensure all regulatory compliance relating to the Company Act, Income tax, Corporate Tax, Personal Tax, Tax Return, VAT, Company Closing, Company law, etc.
∎ Maintaining liaison with Clients, Tax Department and Company's Finance Advisor & Auditor and deal Company tax issues, direct Tax, and indirect Tax. Timely submission of the return for CIT, VAT.
∎ Maintaining the books of accounts of VAT as applicable for the company.
∎ Costing, Fund Management, Investment, Tax, VAT, Banking issue, budget, Production analysis, Inventory, Business planning analysis, New project analysis, Audit, Cost control, Asset Management, and make companies financial Report.
∎ Dealing audit matter with the audit team in a routine manner to improve systems.
∎ Developing and implement the system for Accounts Receivable management.
∎ Development of an internal control system to minimize the opportunity for cash mishandling to safeguard the company's assets. Supervise, monitor, and control assets management and movement.
∎ Maintaining and ensuring integrity in the accounting system, ensuring it remains effective and operational at all times.
∎ Monitoring the financial performance of the operation on the company's ERP/ SAP, analyze data, and prepare reports for the management and ERP Automation;
∎ Reviewing and monitoring financial compliance, carry out financial audits;
∎ Reviewing Monthly Management Reports and Project Summary Reports and make recommendations as required;
∎ As a Head of the accounts & finance is accountable for the entire financial and risk management operations of the companies, to include the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results.
∎ Maintaining in-depth relations with all members of the management team.
∎ Oversee the company's transaction processing systems, Implement operational best practices
∎ Implement a proper reporting system for controlling and monitoring all financial transactions.
∎ Direct and oversee all aspects of the Finance & Accounting functions of the organization.
∎ Oversee accounting statement preparation and their audit;
∎ Ensure effective connection with financial institutions to seek maximum leverage for the organization;
∎ Identify areas of applicable process improvement and cost reduction; guide the team to implement improvement measures; periodically track adherence to schedule and progress achieved.
∎ Other Duties & Responsibilities as assigned by the Management from time to time.

Additional Requirements:
∎ Age 40 to 50 years
∎ Only males are allowed to apply
∎ The applicants should have experience in the following area(s):
∎ Accounting and VAT, Accounts and Finance, Commercial/ Export-Import, Strategic Planning, Tax (VAT/ Customs Duty/ Income Tax)
∎ The applicants should have experience in the following business area(s):
∎ Manufacturing (Garments/Textile)
∎ Hard-working, proactive & able to work under pressure
∎ Must have IT/ PC literacy for performing digitally.
∎ Must have proper knowledge of accounting software.
∎ Corporate Tax Matter:
∎ Potential Tax Planning for a corporate level.
∎ Maintaining Books of records instructed in ITO Rules and Ordinance 1984.
∎ Implementing and ensuring TDS rules/Section at the transaction level.
∎ 75A WTR compiling, filing, and certification thereon.
∎ Ensuring and complying with the guidelines on Advance Income Tax (AIT).
∎ Preparing tax financial statements annually as per Income Tax ordinance and rules.
∎ Computation of annual income tax liability and recording the accounting entries.
∎ Prepare, fill up Annual IT Return, and filing into the govt. Reporting location.
∎ Documents and supporting the collection, organizing, and documentation for hearing.
∎ Adapt to concerns relating to New Tax Rules, SROs, and amendments.
∎ NBR dealings and fill up all requirements connected to the tax authority.
∎ Any order issued by the tax office in case of unsatisfied, in that case, appeal procedures process and deals.
∎ Value Added Tax (VAT):
∎ Preparation and submission of VAT-related reports.
∎ Submit VAT Return and other documents to VAT authority in a timely manner.
∎ Prepare monthly VAT reconciliation.
∎ Handling of VAT case related works.
∎ Coordinating and support services for VAT audit conducted by VAT authorities.
∎ Liaison and closely work with VAT regulators and solve the barriers related to company VAT issues.

Salary: Negotiable

Application Deadline: 24 Dec 2020

Company Information:
∎ 24 Nov 2020
∎ Kattali Textile Limited
∎ Business : Kattali Textile Limited has been a pioneer in apparel making since its induction in 2002. Over the years it has expanded its production facilities and now boasts a capacity of producing 4,702,500 pcs a year. The apparel unit is specialized in the production of Woven and Knit Tops & Bottoms. It has served many international buyers in the North American and the European market and continues to strive in the highly competitive apparel-manufacturing.

Category: Accounting/Finance