Head of Finance & Accounts

Job Description

Title: Head of Finance & Accounts

Company Name: Reliance Bangladesh LNG & Power Ltd.

Vacancy: 01

Age: Na

Job Location: Dhaka

Salary: Negotiable

Experience:

• 8 to 12 years

• Bachelor of Business Administration (BBA) in Accounting

• ACA/ACCA/ACMA/FCA/FCCA/FCMA

• 8 to 12 years

Head of Finance & Accounts will plays the role in overseeing the financial management and accounting functions of the Company. The incumbent is expected to demonstrate financial acumen, strategic thinking, and strong leadership capabilities while ensuring compliance and financial integrity within the organization. He/she will be responsible to lead and mentor Finance & Accounts team fostering a high-performance culture and promoting continuous learning and development. The scope of work of Head of Finance & Accounts will be as described below but not limited to:

Financial Planning and Analysis:

• Develop and implement financial plans, budgets, and forecasts aligned with the power plant`s strategic objectives.

• Analyze financial data, performance indicators, and key metrics to provide actionable insights and support decision-making processes.

• Identify potential financial risks and opportunities and propose measures to optimize financial performance.

Financial Reporting and Compliance:

• Ensure accurate and timely financial reports, including income statements, balance sheets, cash flow statements, and other financial statements as required.

• Ensure compliance with all relevant accounting standards, local regulations, and corporate financial policies.

• Liaise with external auditors to facilitate annual/interim financial audits and resolve any audit findings.

Cost Control and Expense Management:

• Monitor and control operating costs, capital expenditures, and other financial resources to achieve budgetary objectives.

• Emphasize on cost-saving initiatives and efficiency improvements without compromising on operational excellence and safety.

Treasury and Cash Management:

• Manage cash flow, liquidity, and working capital to ensure sufficient funds are available for daily operations and planned projects.

• Develop and execute treasury strategies to mitigate financial risks and optimize returns on investments.

Tax Planning and Compliance:

• Oversee tax planning activities, ensuring compliance with tax laws, regulations, and reporting requirements.

• Work closely with tax advisors and relevant authorities to meet legal obligations.

Financial Systems and Controls:

• Establish and maintain robust financial systems, controls, and procedures to safeguard assets and prevent fraud.

• Regularly review internal controls and implement improvements to enhance the effectiveness and efficiency of financial processes.

Stakeholder Management:

• Collaborate with internal and external stakeholders, including senior management, investors, regulatory bodies, and financial institutions.

• Provide financial insights and recommendations to support strategic decision-making and foster positive relationships.