Head of Payments and Asset Management

Job Description

Title: Head of Payments and Asset Management

Company Name: BRAC Bank Limited

Vacancy: Not specific

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Business Graduate from a well-recognized institution preferably major in Finance/ Accounting. Candidates with a professional degree (CA, CMA or equivalent) will be given preference;

Experience Requirements:
∎ 7 to 8 year(s)

Job Responsibilities:
∎ Review and approve all type of vendors and staff bill payment execution in ERP & Finacle;
∎ Monitor payment processing to ensure timeliness and accuracy of payment;
∎ Review compliance with applicable VAT & Tax rules upon payment processing;
∎ Ensure timely submission of monthly/Quarterly/Half yearly/yearly reports to Regulatory Reporting team for submission to Bangladesh Bank;
∎ Ensure timely submission and review of monthly GL reconciliations to Account Reconciliation team;
∎ Respond to all kind of Bangladesh Bank queries on regular and special audit reports relating to expenses, assets and insurance;
∎ Coordinate internal & external audit team and provide feedback on their queries and implementation of audit observations;
∎ Participate in negotiation meeting and ensure companies best interest in that negotiation;
∎ Review organization's policy and business processes, identify the risks, suggest for development to mitigate those risks and escalate to a higher official for further actions;
∎ Monitor & supervise the proper accounting practices as per International Financial Reporting Standards (IFRS) and review the journal entry posting;
∎ Supervise, lead & motivate the team to work and ensure a good working environment;
∎ Review and assist on operational budget and capital expenditure budget preparation work;
∎ Provide training and arrange knowledge sharing session among teammates to ensure technical and professional development of the team;
∎ Supervise and review monthly accounting of provisions, accruals, depreciation calculation and project status;
∎ Guide all related stakeholders about the payment procedure, fixed asset policy, insurance policy and all ad-hoc queries;
∎ Submit on time management reporting, cost analysis and cost optimization process.

Additional Requirements:
∎ 7-8 years of working experience in the relevant field;
∎ Sound knowledge on accounting standards IFRSs and IASs;
∎ Sound knowledge in VAT & Tax rules, Bangladesh Auditing standards, and Bangladesh Bank rules;
∎ Experience in cost control mechanism & fixed asset management;
∎ Knowledge of insurance policy, claim settlement;
∎ Working knowledge of Oracle ERP (Oracle, SAP) will be an added advantage;
∎ Strong command over Microsoft Word, Excel, Access, PowerPoint and conceptual understanding of banking/financial software;
∎ Strong leadership & motivational skill of people management and to support stakeholder;
∎ Decision-making skills to run the unit/department independently and resolve complicacy

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 2 Jun 2021

Company Information:
∎ 24 May 2021
∎ BRAC Bank Limited

Category: Bank/Non-Bank Fin. Institution

:

Source: bdjobs.com

Similar Jobs

Sales Officer

Assistant Relationship Officer

Business Coordination Officer-Bancassurance

Key Account Manager, Private Utility Bill Payment

Officer / Senior Officer, Government Partnership

GM, Analysis & Control, Strategic Risk Management

Head of IT Operations

Head of Premium Banking Business Acquisition, Distribution Network

Collection Executive-Retail Business

Executive-IT Support

Relationship Manager-Corporate Business

Assistant Officer (Customer Service/Cash)

IT Auditor - IC&C Division

Senior Officer - Senior Principal Officer (SME Business Development, SME Division)

Manager- Product & Pricing

Sub-Branch In-Charge (SO/EO/SEO)

Authorize Representative (AR) DSE,BSEC - Share Trading

Law Officer