GM/DGM (Accounts & Finance) for Head Office

Job Description

Title: GM/DGM (Accounts & Finance) for Head Office

Company Name: Israq Spinning Mills Ltd.

Vacancy: 1

Age: 30 to 45 years

Job Location: Dhaka (GULSHAN 2)

Salary: Negotiable

Experience:

• At least 12 years
• The applicants should have experience in the following business area(s): Garments, Textile, Spinning

• MBA/M.Com in Accounting/Finance from any reputed University.

• FCA/ACA/CA is mandatory.

• Strong knowledge of Bangladesh Income Tax, VAT & Company Law.

• Professional certification and practical exposure in corporate finance will be preferred.

• At least 12 years
• The applicants should have experience in the following business area(s): Garments, Textile, Spinning

• Age 30 to 45 years

• Strong leadership and team management skills.

• Advanced knowledge of accounting software (ERP).

• Deep understanding of financial regulations, tax, VAT, and compliance.        

• Effective communication and analytical abilities.        

• High integrity and professionalism.        

• Proficient in MS Office, especially Excel.       

• Ability to work under pressure and meet tight deadlines.        

• Have to visit in Factory weekly or as instruction by the management.       

• The applicants should have experience in the following area(s):  Export Import Loan Management, Finance/ Accounts, Financial Reporting, International Banking, Tax (VAT/ Customs Duty/ Income Tax)

Job Responsibilities:

• Lead the preparation and in-depth analysis of monthly, quarterly, and annual financial statements; ensure timely submission to top management.

• Oversee daily, weekly, and monthly reconciliation of all bank accounts and cash books to ensure financial accuracy and compliance.

• Formulate, implement, and regularly update financial policies, protocols, and Standard Operating Procedures (SOPs) in alignment with company goals.

• Supervise and guide the Accounts & Finance team to ensure efficient, error-free day-to-day operations.

• Monitor financial performance through ERP systems; generate analytical reports to support strategic decision-making.

• Serve as a key liaison with top management regarding financial decisions, adjustments, and strategic planning.

• Prepare comprehensive financial and management reports to support departmental and organizational needs.

• Ensure accurate and timely management of accounts receivable and payable through ERP systems.

• Coordinate with factory and production units to collect and verify accounting and operational data.

• Oversee payroll activities including preparation, verification, and finalization of salary, wages, and full & final settlements.

• Review and ensure timely execution of month-end closings, financial schedules, payments, and receipts.

• Support annual budgeting, long-term financial planning, and forecasting processes.

• Establish performance goals for finance team members and monitor progress to ensure continuous professional development.

• Maintain buyer/party-wise ledgers, ensure accurate reconciliation, and address discrepancies proactively.

• Possess strong command over international banking and trade finance, including document handling and compliance.

• Manage end-to-end export/import operations including Master L/C, BTB L/C, shipment tracking, and realization.

• Ensure compliance with all statutory regulations related to VAT, Income Tax, Customs, and other relevant bodies.

• Provide leadership in audit preparation, financial reporting, and budgetary control; coordinate internal and external audits.

• Supervise monthly TDS and VDS calculations for subcontractor/vendor payments and ensure timely submission of regulatory reports.

• Prepare and maintain export-related documentation, including MIS on bill submission, realization, and outstanding records.

• Act as a coordination point with Commercial, Marketing, Merchandising, Purchase, and Store departments to ensure operational integration.

• Strengthen internal control systems across all financial functions; recommend and implement improvements where required.

• Maintain organized, accessible records of all finance-related documents, vouchers, and banking correspondences.

• Manage various financial instruments including EDF, short-term loans, GAP finance, OD, LATR, Term Loans, OBU, LIBOR, SOFR, UPASS, and PARIPASSU facilities.

• Ensure accounting software (ERP) is properly used and data integrity is maintained.

• Perform any other financial or strategic tasks as assigned by the Management.

• Mobile bill
• Lunch Facilities: Partially Subsidize
• Salary Review: Yearly
• Festival Bonus: 2