Head of Finance

Job Description

Title: Head of Finance

Company Name: SUVASTU PROPERTIES LTD.

Vacancy: 01

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Master of Business Administration (MBA) in Commerce
∎ Professional qualification such as ACCA, CIMA, ACPA and CA
∎ Skills Required: Accounting Software, Budgeting, Business Analysis, Finance & Bank Operation, Finance/ Accounts, Financial Reporting

Experience Requirements:
∎ At least 10 year(s)
∎ The applicants should have experience in the following area(s): Accounting, Accounting Software, Accounts, Budgeting, Business Analysis, Corporate Finance, Finance/ Accounts, MICROSOFT OFFICE
∎ The applicants should have experience in the following business area(s): Real Estate

Job Context:
∎ This middle/ senior managerial position is responsible for safe-guarding Company assets, providing decision support to business management, ensuring the delivery of profits and optimizing costs.
∎ To plan, develop and control all financial aspects related to the Department for medium to long term. Ensures compliance with all internal policies and process and all regulatory requirements.

Job Responsibilities:
∎ CUSTOMER/ SUPPLIER: INTERNAL & EXTERNAL
∎ Maintain and manage positive working relationships with customers/ principal/ suppliers to ensure effective receivable/ payables management
∎ Provides relevant financial information to Influence key commercial decisions
∎ Interfaces with bankers, auditors or statutory regularities etc.
∎ PEOPLE MANAGEMENT
∎ Ensures that new recruits are properly inducted into the operations
∎ Sets performance objectives and KPI's for all assigned employees
∎ Coaches, mentors and where required, conducts training of employees
∎ Manages performance, taking corrective action, where required, on poor performers in line with policy
∎ Responsible for the succession planning for the different roles within the Department
∎ ANALYSIS
∎ Analyzes information like competitor performance, market trends, product profitability, customer profitability etc. and provides inputs for the purpose of decision support
∎ Analysis of variances versus budgets, last year on a monthly basis and variance strategy plans on a quarterly basis.
∎ Analyzes performance trends based on historical data for effective decision making.
∎ Researching the different factors that influence business performances
∎ INNOVATION
∎ Developing management techniques for the purposes of minimizing the financial risks
∎ Reviewing and evaluating cost management and reduction opportunities
∎ Continuously seek business process improvements
∎ OPERATIONS
∎ Managing the accounting and monitoring systems for the Company
∎ Responsible for timely preparation and submission of financial plans, budgets and forecasts. Actively participates in the complete budget process.
∎ Responsible for timely preparation and submission of monthly, quarterly, yearly Management Reports and Financial Statements
∎ Manages short- and long-term cash-flow position of the Company
∎ Implement industry specific KPIs to monitor business performance.
∎ Reviews and validates all agreements concerning financial obligations and other actions requiring a commitment of financial resources.
∎ Ensures insurance coverage as required
∎ Safeguarding of all the Fixed and Current Assets of the Company. Also ensuring qualitative reporting of balance sheet components.
∎ Develop and ensure proper internal control
∎ Implement accounting system which ensures smooth preparation of monthly accounts.
∎ Ensure compliance with Company policies and IFRS requirements.
∎ Raise awareness along with the Company Finance resources in terms of managing the Business Risks
∎ STRATEGY
∎ Actively participate in the development of business strategy in line with the Company's vision, mission and business objectives.
∎ Formulating strategies to be used in the long-term financial plans for a business unit
∎ Prepare and report Project profitability for all existing and new projects.
∎ Financial feasibility for acquisitions and/or working in a large project managed by several companies
∎ Provides advice on all matters to the Company Head in the formulation of and achievement of overall Company and Department objectives
∎ Identify along with the Company Head all risks and opportunities to business performance and report on KPI's
∎ DECISION MAKING
∎ Has the authority and ability to make operational decisions on day to day issues, however complex situations are communicated to next level of management in a timely fashion to be dealt with effectively.

Additional Requirements:
∎ Age at most 45 years
∎ Only males are allowed to apply
∎ Minimum 10 Years' experience in preferably in Real Estate or Construction Industries with at least 3-4 years of experience in managerial position
∎ Excellent knowledge of MS Office and in particular EXCEL skills.

Salary: Negotiable

Compensation & Other Benefits:
∎ T/A, Mobile bill
∎ Festival Bonus: 2

Application Deadline: August 29, 2019

Company Information:
∎ SUVASTU PROPERTIES LTD.
∎ Address : SUVASTU PROPERTIES LTD., Suvastu Imam Square (5th floor), 65, Gulshan Avenue, Gulshan-1
∎ Web : NA
∎ Business : DESIGN, PLANNING, CONSTRUCTION AND CONSULTANCY COMPANY

Category: Accounting/Finance