Job Description

Title: Head of Finance & Accounts

Company Name: Guardian Life Insurance Limited

Vacancy: --

Age: 35 to 45 years

Location: Dhaka

Salary: Negotiable

Experience:
∎ 12 to 15 years

Published: 13 Feb 2024

Education:
∎ B. Com/ M. Com with at least CA Intermediate/Professional Examination Part II/Professional Level.

Requirements:

Additional Requirements:
∎ Age 35 to 45 years
∎ 12 to 15 years of experience out of which 5 years should be in a leading position in any financial institution or Large Group of companies or Multinational companies.
∎ Comprehensive and practical experience with IPOs.
∎ Analytical thinker with strong conceptual and problem-solving skills.
∎ Meticulous attention to detail with superb organizational skills.
∎ Ability to work under pressure and meet tight deadlines.
∎ Ability to work independently and as part of a team.
∎ Excellent report-writing and communication skills.
∎ Solid proficiency in Microsoft Office, ERP and other accounting software.
∎ Sound Knowledge on VAT & Tax.
∎ Experience:
∎ Additional Requirements:

Responsibilities & Context:
∎ Plan, organize, and execute financial tasks and projects of the organization.
∎ Make estimates of funds required for the short and long-term financial objectives of the organization.
∎ Complete financial reports, lead the month-end closing process and conduct monthly financial forecast.
∎ Implementing accounting principles, practices, and procedures to ensure accurate and timely record of transaction and prepare financial statements.
∎ Prepare Budget, Budget variance & follow up actual performance against budget & analyze reasons for variances to reduce the gap.
∎ Prepare revenue report & all provisional expenses/liabilities on a monthly, quarterly and yearly basis.
∎ Reconcile all banking transactions & make adjustments on monthly basis.
∎ Analyze department work to develop efficient procedures and use of resources while maintaining a high level of accuracy.
∎ Provide support with various internal and external audits.
∎ Review financial data and prepare monthly and annual report.
∎ Prepare monthly and quarterly management reports·       Monitor day-to-day financial operations within the organization (payroll, payments and other transactions).
∎ Provide insightful information to the management for investment and decision making.
∎ Coordinate external parties for tax preparation, auditing, banking, investments, and other financial needs as necessary.
∎ Develop and implement plans for budgeting, forecasting and reporting.
∎ Prudently make investments on assets that maximize returns.
∎ Provide financial insight and analysis to drive the business performance of the organization.
∎ Manage and monitor metrics, KPI tracking, and reports.
∎ Evaluate the financial performance of the organization and measure returns on investments.
∎ Understand and calculate the risks involved in the financial activities of the organization.
∎ Ensure compliance with financial regulations, internal policies and legal requirements.
∎ Identify and assess financial risks and implement strategies to mitigate them.
∎ Develop and implement internal controls to safeguard company assets.
∎ Provide leadership to finance team fostering a collaborative and high-performance culture.
∎ Build and lead a high-performing finance team.·       Provide mentorship and professional development opportunities for team members.
∎ Liaison with different financial institutions and regulatory bodies i.e. IDRA, NBR, RJSC, BIDA, BSEC and other government regulatory bodies as applicable.
∎ Participate in investor relations activities, including earnings calls and presentations.
∎ Build and maintain relationships with external auditors and financial partners.
∎ We are seeking an experienced and analytical Head of Finance & Accounts with strong numerical skills to drive our organization's financial operations and improve financial performance include supervising accounting staffs, maintaining appropriate accounting records, overseeing internal controls, setting financial targets, developing a financial strategy, monitoring expenditure, monitoring cash flow, evaluating investments and managing tax compliance.
∎ Planning & Monitoring:
∎ Plan, organize, and execute financial tasks and projects of the organization.
∎ Make estimates of funds required for the short and long-term financial objectives of the organization.
∎ Complete financial reports, lead the month-end closing process and conduct monthly financial forecast.
∎ Operational:
∎ Implementing accounting principles, practices, and procedures to ensure accurate and timely record of transaction and prepare financial statements.
∎ Prepare Budget, Budget variance & follow up actual performance against budget & analyze reasons for variances to reduce the gap.
∎ Prepare revenue report & all provisional expenses/liabilities on a monthly, quarterly and yearly basis.
∎ Reconcile all banking transactions & make adjustments on monthly basis.
∎ Analyze department work to develop efficient procedures and use of resources while maintaining a high level of accuracy.
∎ Provide support with various internal and external audits.
∎ Reporting & Controlling:
∎ Review financial data and prepare monthly and annual report.
∎ Prepare monthly and quarterly management reports·       Monitor day-to-day financial operations within the organization (payroll, payments and other transactions).
∎ Provide insightful information to the management for investment and decision making.
∎ Coordinate external parties for tax preparation, auditing, banking, investments, and other financial needs as necessary.
∎ Forecasting & Budgeting:
∎ Develop and implement plans for budgeting, forecasting and reporting.
∎ Prudently make investments on assets that maximize returns.
∎ Provide financial insight and analysis to drive the business performance of the organization.
∎ Manage and monitor metrics, KPI tracking, and reports.
∎ Financial Measuring·
∎ Evaluate the financial performance of the organization and measure returns on investments.
∎ Understand and calculate the risks involved in the financial activities of the organization.
∎ Compliance and Risk Management:
∎ Ensure compliance with financial regulations, internal policies and legal requirements.
∎ Identify and assess financial risks and implement strategies to mitigate them.
∎ Develop and implement internal controls to safeguard company assets.
∎ Leadership and Collaboration:
∎ Provide leadership to finance team fostering a collaborative and high-performance culture.
∎ Build and lead a high-performing finance team.·       Provide mentorship and professional development opportunities for team members.
∎ Stakeholder Relations:
∎ Liaison with different financial institutions and regulatory bodies i.e. IDRA, NBR, RJSC, BIDA, BSEC and other government regulatory bodies as applicable.
∎ Participate in investor relations activities, including earnings calls and presentations.
∎ Build and maintain relationships with external auditors and financial partners.

Compensation & Other Benefits:
∎ Mobile bill, Performance bonus, Provident fund, Weekly 2 holidays, Insurance, Gratuity
∎ Lunch Facilities: Partially Subsidize
∎ Salary Review: Yearly
∎ Festival Bonus: 2

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Dhaka

Company Information:
∎ Guardian Life Insurance Limited
∎ Head Office: Police Plaza Concord (13th Floor), Tower - 02, Plot # 02, Road # 144, Gulshan Avenue, Dhaka-1212
∎ Guardian Life Insurance Limited is the fastest growing life insurance company in the country. Its main sponsors are Apex, BRAC, and Square and other reputed local and foreign investors. Guardian Life Insurance Limited is committed to the same high values, standards and culture as espoused by our sponsors. Guardian Life Insurance Limited has a vision to bring about a positive change & trust in the life insurance business, through product and process improvement, operational efficiency, excellent service and customer focus. It was established in January 2014 and has already managed to achieve an admirable position in the Insurance Industry and aims to achieve much higher standards in the coming years. Insurance is one way of being prepared for the worst; it offers the surety that the economic part of the pain will be taken care of, Guardian Life Insurance makes every effort required to deliver the best to its customers by providing them with world class insurance and outstanding customer service. They have begun their journey with the motive of offering their customers a healthier, secure and more hopeful future.

Guardian Life Insurance assures a highly skilled and well-informed workforce united with a blend of the latest technology in order to go the extra mile for their valued customers. Innovation, proper risk management and prudent investment mechanisms are our tools in ensuring maximum financial benefits for our customers.

The paid up capital of the company is BDT 33.67 Crores and authorized capital is set at 200 Crores, Guardian Life Insurance is determined to build confidence in the hearts of our sponsors through great administration.



Guardian Life Insurance Limited is seeking highly motivated and talented individuals who have integrity, the relevant experience and a positive attitude to help us bring about the desired change in the Life Insurance industry.

Address::
∎ Head Office: Police Plaza Concord (13th Floor), Tower - 02, Plot # 02, Road # 144, Gulshan Avenue, Dhaka-1212
∎ Guardian Life Insurance Limited is the fastest growing life insurance company in the country. Its main sponsors are Apex, BRAC, and Square and other reputed local and foreign investors. Guardian Life Insurance Limited is committed to the same high values, standards and culture as espoused by our sponsors. Guardian Life Insurance Limited has a vision to bring about a positive change & trust in the life insurance business, through product and process improvement, operational efficiency, excellent service and customer focus. It was established in January 2014 and has already managed to achieve an admirable position in the Insurance Industry and aims to achieve much higher standards in the coming years. Insurance is one way of being prepared for the worst; it offers the surety that the economic part of the pain will be taken care of, Guardian Life Insurance makes every effort required to deliver the best to its customers by providing them with world class insurance and outstanding customer service. They have begun their journey with the motive of offering their customers a healthier, secure and more hopeful future.Guardian Life Insurance assures a highly skilled and well-informed workforce united with a blend of the latest technology in order to go the extra mile for their valued customers. Innovation, proper risk management and prudent investment mechanisms are our tools in ensuring maximum financial benefits for our customers.The paid up capital of the company is BDT 33.67 Crores and authorized capital is set at 200 Crores, Guardian Life Insurance is determined to build confidence in the hearts of our sponsors through great administration.Guardian Life Insurance Limited is seeking highly motivated and talented individuals who have integrity, the relevant experience and a positive attitude to help us bring about the desired change in the Life Insurance industry.

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

Application Deadline: 29 Feb 2024

Category: Bank/Non-Bank Fin. Institution