Title: GM & Head - Finance & Accounts
Company Name: Ratul Properties Limited
Vacancy: 1
Age: 41 to 48 years
Job Location: Dhaka (Mohakhali)
Salary: Negotiable
Experience:
FCA will get preferred.
Exceptional analytical and problem-solving skills.
Extensive knowledge of financial and tax regulations in Bangladesh.
Strong leadership, communication, and negotiation skills.
Proven experience in CFO & strategic planning, financial analysis, and corporate finance.
Proficiency in financial management software.
🔹 Strategic Financial Planning & Leadership
Formulate and implement financial strategies aligned with the company’s real estate development and investment goals.
Advise top management on financial implications of business decisions (e.g., land purchases, new projects, JV agreements).
Assist in feasibility analysis, investment modeling, and ROI calculations for new projects.
🔹 Project Financing & Fund Management
Manage funding for real estate projects through banks, NBFCs, private equity, or internal accruals.
Evaluate and negotiate term sheets, loan agreements, and project financing terms.
Monitor drawdowns, repayments, interest schedules, and compliance with loan covenants.
Maintain healthy relationships with financial institutions, investors, and lenders.
🔹 Cost & Budgetary Control
Prepare and monitor project-wise budgets including land, construction, marketing, and overhead costs.
Track actual costs vs. budgets across all development stages; ensure cost overruns are controlled.
Work with project and procurement teams to optimize costs without compromising quality or timelines.
🔹 Accounting & Financial Reporting
Ensure accurate and timely preparation of financial statements in compliance with accounting standards (Ind AS/IFRS).
Supervise month-end and year-end closings, consolidation of group accounts, and inter-company reconciliations.
Provide project-wise profitability reports, cash flow forecasts, and MIS for decision-making.
🔹 Revenue Recognition & Sales Accounting
Implement proper revenue recognition practices as per applicable standards (e.g., Ind AS 115).
Monitor collection schedules, invoicing, and account receivables from customers.
Liaise with the sales and CRM teams to ensure timely billing and receivables follow-up.
🔹 Compliance, Taxation & Regulatory Affairs
Ensure compliance with all applicable laws and regulations including:
RERA
GST (Input Tax Credit management, filings, reconciliations)
Income Tax (TDS, corporate filings)
Stamp Duty & Registration
Handle tax planning, assessments, audits, and coordination with tax consultants and legal advisors.
Ensure timely completion of statutory audits, internal audits, and RERA audits.
🔹 Treasury & Cash Flow Management
Oversee daily cash management, fund allocation across projects, and working capital optimization.
Plan for short-term and long-term cash requirements based on project schedules and payment obligations.
🔹 ERP & Financial Systems
Oversee implementation and management of ERP systems (e.g., SAP, Oracle, Tally Prime, or real estate-specific platforms).
Ensure project accounting and cost data is accurately captured.
Drive automation and digitalization of financial processes.
🔹 Team Leadership & Cross-functional Collaboration
Lead, train, and mentor finance and accounts teams across multiple locations/projects.
Coordinate with departments like Projects, Legal, Sales, Procurement, and CRM for financial support and integration.
Act as financial advisor to senior management and project heads.
🔹 Stakeholder Reporting & Board Communication
Prepare and present financial performance dashboards, forecasts, and risk analyses to the board.
Handle investor reporting, bank MIS, and compliance certifications.
Lucrative Incentives as Per Company Policy
| University | Percentage (%) |
|---|---|
| National University | 27.49% |
| Jagannath University | 8.37% |
| University of Dhaka | 7.97% |
| Dhaka College | 1.99% |
| East West University | 1.59% |
| 1.59% | |
| University of Rajshahi | 1.59% |
| The Institute of Chartered Accountants of Bangladesh (ICAB) | 1.59% |
| The Institute of Cost and Management Accountants of Bangladesh | 1.59% |
| American International University Bangladesh (AIUB) | 1.20% |
| Age Range | Percentage (%) |
|---|---|
| 20-30 | 1.59% |
| 31-35 | 0.80% |
| 36-40 | 4.78% |
| 40+ | 90.84% |
| Salary Range | Percentage (%) |
|---|---|
| 0-20K | 1.59% |
| 20K-30K | 0.40% |
| 30K-40K | 0.80% |
| 40K-50K | 1.59% |
| 50K+ | 95.62% |
| Experience Range | Percentage (%) |
|---|---|
| 0 years (Freshers) | 3.19% |
| 0.1 - 1 years | 1.20% |
| 1.1 - 3 years | 2.39% |
| 3.1 - 5 years | 3.59% |
| 5+ years | 89.64% |