Head of Accounts & Internal Audit

Job Description

Title: Head of Accounts & Internal Audit

Company Name: A Renowned Healthcare Group

Vacancy: 1

Age: 40 to 50 years

Job Location: Dhaka

Salary: Negotiable

Experience:

• At least 15 years
• The applicants should have experience in the following business area(s): Hospital, Pharmaceutical/Medicine Companies, Diagnostic Centre

• Master of Commerce (MCom)

• MBA in Accounting & Information System from any public University along with CA-CC is must. The Candidate having FCA or FCMA or relevant other professional Degree shall be given preference.

• At least 15 years
• The applicants should have experience in the following business area(s): Hospital, Pharmaceutical/Medicine Companies, Diagnostic Centre

• Age 40 to 50 years
• Only Male

• The applicant should have 15 years’ of experience in reputed Pharmaceutical Industry where as minimum 5 years’ experience as head of Accounts & Internal Audit.
• The applicant must have vast knowledge on ERP software.
• Ability to work independently as a team leader.
• Organize tasks, set priorities, meet deadlines, and manage multiple tasks.
• Demonstrate good judgment and good problem-solving skills.
• Respond appropriately to evaluation and changes in the work setting.
• Excellent negotiation & efficient management Skills.
• Must have good interpersonal skills to be able to motivate and lead a workforce.

We are seeking an experienced Accounting and Internal Audit professional who will be responsible for overall Accounting & Internal Audit operations.

• Develop and manage annual and multi-year budgets that are adequate for the organization’s needs including preparation of periodic budget forecasts.
• Assist in the compilation of the annual and multi term operating and capital budgets for the company.
• Monitor the income and expenditure by scrutinizing relevant information from the employees.
• Provide input to ensure that effective budgetary control is occurring.
• Ensure that there is an effective system for accurate, reliable and timeous financial reporting.
• Prepare interim and annual financial statements for the organization in line with Generally Recognized Accounting Practice (GRAP).
• Ensure that general ledger reconcile to trial balance.
• Analyze monthly financial statements which includes balance sheet, income statement, and statement of cash flows etc.
• Ensure operational compliance with policies, procedures and regulations for any necessary entities,
• Supervise the process of vendor payments (which includes invoice receipt, verification, feeding, filing, following-up and tallying) at the central level for managing vendors.
• Reconcile bank accounts and general ledger accounts.
• Assist in reconciling all balance sheet and income statement accounts on a monthly/quarterly basis as indicated by the monthly closing schedule.
• Process payroll and report payroll taxes for the organization.
• Develop and implement asset management policy and review all asset management reconciliations.
• Ensure that Assets are accounted in terms of GRAP in the accounting records.
• Develop procedures to assess the impairment, residual value and use life of the assets.
• Develop procedures detailing the compilation of short, medium and long-term cash flow, oversee the compilation of the information, and monitor and track the results on an ongoing basis.
• Oversee the monitoring of the cash flow position and all the cashbook functions of the company on a daily, weekly and monthly basis.
• Keep abreast with the money markets and the capital markets.
• Review financial internal controls in place to ensure that weaknesses are addressed.
• Review the accounts payable policy regularly.
• Develop and monitor existing internal processes to ensure that suppliers are paid according to the commitment.
• Ensure that monthly reconciliations are performed and reviewed timeously (creditor’s reconciliations, accruals and ledger accounts).
• Any other job assigned by the top management.