Job Description
Title: Manager - Finance & Accounts
Company Name: Koel Modish Apparels
Vacancy: --
Age: 30 to 42 years
Location: Anywhere in Bangladesh
Salary: Negotiable
Experience:
∎ At least 5 years
∎ The applicants should have experience in the following business area(s):Garments, Textile, Buying House
Published: 30 Dec 2023
Education:
∎ Master of Business Administration (MBA)
Requirements:
Additional Requirements:
∎ Age 30 to 42 years
∎ Financial Foresight: Ability to anticipate financial management issues and address them in delivering value to the business.
∎ Business Acumen: Knowledge of the methodologies, processes, and systems allowing a company to deliver business results.
∎ Financial Compliance: Knowledge about the compliance requirements with the applicable financial policies and regulations of the country and the company.
∎ Competencies Operator Role:
∎ Financial Accounting and Reporting, Banking and Finance, Treasury Management, Strategic Investment Management, Finance Business Partnering, Personnel Planning and Management
∎ Strategist Roles: (a) Formulation of Business and Financial Strategies (b) Strategic Risk Management (c) Managing Business Process Compliance
∎
Responsibilities & Context:
∎ Setting and assessing the annual (ABP) and long-term business target through crafting the annual (ABP) and strategic budgetary plan.
∎ Review the progress of financial target achievement of the company on an ongoing basis and suggest strategic as well as operational change requirements to meet the target.
∎ Decision support in investment in new business products/line/entity, product pricing, procurement and supply chain, trade and marketing promotion, and other day-to-day operational strategies.
∎ Ensuring timely arrangement of all the payment vouchers ensuring due documentation and required compliance with the applicable financial policies and regulations of the company as well as of the country laws.
∎ Supervising the transaction processing and bookkeeping system(s) of all types of financial transactions of the company (Debit/Credit/Journal/Payment/Receipts vouchers etc.)
∎ Ensuring timely completion of all the reconciliations for GL, Banks/NBFIs, inter-company, receivables, fixed assets, inventory, vendor, Tax/VAT, Advances, etc. related financial transactions.
∎ Ensuring timely preparation of all the periodic financial reporting and MIS as per SBU and Group Mandates.
∎ Ensuring timely preparation of Annual Financial Statements for management and regulatory purposes.
∎ Ensuring preparation and/or review of various financial analytics in terms of project profitability, costing, revenue, and financial position based on management requirements.
∎ Ensuring due compliance with required documentation related to withholding tax and VAT related to payment and collection, along with periodic reporting and reconciliation.
∎ Ensuring accurate and timely transaction posting, documentation, periodic reconciliation, and reporting of customer-related transactions.
∎ Monitoring and supervision of day-to-day petty cash management of the company.
∎ Periodic review of the company's Financial Statements (i.e., Balance Sheet) to ensure true and fair presentation in compliance with financial reporting regulatory framework.
∎ Facilitate Board and/or Committee Meetings by providing necessary presentations with relevant financial analysis.
∎ Preparation of Annual Budget getting closely engaged with the other Operational Heads, and refreshing the flexible financial forecast on a bi-monthly basis and based on management requirements.
∎ Review of fund position, available financing facilities, repayment schedules, and cash flow forecasting continuously.
∎ Engaging with banks to meet current and future business needs, and negotiating the financing terms from lenders to secure financial flexibility and availability of sufficient and cost-effective credit lines.
∎ Ensuring proper archiving of all physical and virtual databases related to Reporting & MIS, vouchers, books of accounts, loan/customer/project-related documentation, and so on.
∎ Ensuring and being the custodian of safe and systematic preservation (hard and soft copies) of all documents, financial statements, management (MIS) reports, internal audit reports, valuation reports, minutes, resolutions, records, papers, registers, contracts, MOU, copy of MOA and AOA, DOA and FDOA, agreements, deeds, official circulars, memos, policy and procedures, manuals, ABP books and related documents, audit reports (internal and external), all kind of internal and external correspondences and any other documents as authority thinks fit.
∎ Liaising with the Credit Rating Agency to provide with required information to ensure timely completion of Company Credit Rating for Financing requirements and arrangement.
∎ Review of financial feasibility analysis of new project and business.
∎ Ensuring proper reporting and control of fixed assets-related transactions, budget approval, capitalization, transfer, disposal, depreciation posting, periodic physical verification with asset tagging, and so on.
∎ Ensuring proactive cost control of major cost elements through analysis of actual vs budgeted (and/or approved) cost.
∎ Ensuring proper reporting and control of inventory-related transactions having appropriate purchase and consumption approval, and periodic physical verification of inventory
∎ Ensuring proper supervision of Pending Investment Recovery performance with the SBU Business/Company Head and SBU Finance and Accounts Head.
∎ Monitoring the development and maintenance of ERP for financial modules and liaising with other relevant functions/modules to resolve the anomalies causing wrong incorrect or inappropriate GL impact.
∎ To oversee and ensure a financial disaster recovery plan is in place.
∎ Any other responsibilities as the management assigns from time to time.
Compensation & Other Benefits:
∎ Festival Bonus: 2
Workplace:
∎ Work at office
Employment Status: Full Time
Job Location: Anywhere in Bangladesh
Company Information:
∎ Koel Modish Apparels
∎ HOUSE-31, ROAD-17, SECTOR-13 UTTARA MODEL TOWN DHAKA-1230
∎ https://www.koelgroupbd.com/
∎ 100% Export Oriented Garments Buying House.
Address::
∎ HOUSE-31, ROAD-17, SECTOR-13 UTTARA MODEL TOWN DHAKA-1230
∎ https://www.koelgroupbd.com/
∎ 100% Export Oriented Garments Buying House.
Read Before Apply: Please apply only who are fulfilling all the requirements of this job
Application Deadline: 27 Jan 2024
Category: Accounting/Finance
