Manager Finance & Accounts

Job Description

Title: Manager Finance & Accounts

Company Name: Madina Trading Corporation Ltd.

Vacancy: 01

Age: 34 to 42 years

Location: Dhaka

Minimum Salary: Negotiable

Experience:
∎ 8 to 15 years
∎ The applicants should have experience in the following business area(s):Trading or Export/Import

Published: 12 Feb 2024

Education:
∎ Master of Business Administration (MBA) in Accounting, Master of Business Administration (MBA) in Finance
∎ Partly completed CA/ICMA/ACCA/CMA is preferable.

Requirements:

Additional Requirements:
∎ Age 34 to 42 years
∎ Proven experience in finance and accounting roles within the international trading industry, with specific knowledge of LC transactions and commercial operations.
∎ Strong understanding of international trade finance instruments, including LCs, documentary collections, and bank guarantees.
∎ Familiarity with trade regulations and compliance requirements in international markets.
∎ Excellent analytical and problem-solving skills, with the ability to interpret complex financial data and make strategic recommendations.
∎ Effective leadership and team management abilities, with a track record of building and developing high-performing teams.
∎ Proficiency in financial software and Microsoft Office Suite (especially Excel).
∎ Strong communication and interpersonal skills, with the ability to interact confidently with internal and external stakeholders.

Responsibilities & Context:
∎ Oversee all financial operations related to international trading activities, including budgeting, forecasting, and financial analysis.
∎ Monitor and analyze financial performance, identifying areas for improvement and implementing corrective actions as needed.
∎ Ensure compliance with international accounting standards and regulations.
∎ Manage Letters of Credit (LC) transactions, including opening, amending, and negotiating LC terms with banks and counterparties.
∎ Coordinate with banks and financial institutions to facilitate trade financing, including documentary collections and bank guarantees.
∎ Oversee commercial transactions, including sales contracts, purchase orders, and invoicing.
∎ Collaborate with sales and procurement teams to ensure accurate and timely processing of commercial documents.
∎ Monitor payment schedules and collections to optimize cash flow and minimize credit risk.
∎ Identify and assess financial risks associated with international trading, including currency risk, credit risk, and market risk.
∎ Lead and mentor a team of finance and accounting professionals, providing guidance and support to ensure their success and professional development.
∎ Monitor market trends and economic indicators to anticipate potential risks and opportunities.
∎ Oversee all financial operations related to international trading activities, including budgeting, forecasting, and financial analysis.
∎ Monitor and analyze financial performance, identifying areas for improvement and implementing corrective actions as needed.
∎ Ensure compliance with international accounting standards and regulations.
∎ Manage Letters of Credit (LC) transactions, including opening, amending, and negotiating LC terms with banks and counterparties.
∎ Coordinate with banks and financial institutions to facilitate trade financing, including documentary collections and bank guarantees.
∎ Oversee commercial transactions, including sales contracts, purchase orders, and invoicing.
∎ Collaborate with sales and procurement teams to ensure accurate and timely processing of commercial documents.
∎ Monitor payment schedules and collections to optimize cash flow and minimize credit risk.
∎ Identify and assess financial risks associated with international trading, including currency risk, credit risk, and market risk.
∎ Lead and mentor a team of finance and accounting professionals, providing guidance and support to ensure their success and professional development.
∎ Monitor market trends and economic indicators to anticipate potential risks and opportunities.

Compensation & Other Benefits:
∎ Mobile bill
∎ Salary Review: Yearly
∎ Lunch Facilities: Partially Subsidize
∎ Festival Bonus: 2
∎ Other Benefits as per company policy wise.

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Dhaka

Job Highlights:
∎ Lead Finance & Accounts for international trade at Madina Trading. Manage LCs, commercial ops, & compliance for global transactions.

Company Information:
∎ Madina Trading Corporation Ltd.

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

Application Deadline: 26 Feb 2024

Category: Accounting/Finance

Interested By University

University Percentage (%)
National University 31.09%
University of Dhaka 7.52%
Jagannath University 5.54%
University of Rajshahi 2.38%
Northern University Bangladesh 1.78%
Dhaka College 1.39%
Stamford University Bangladesh 1.19%
Asian University of Bangladesh 1.19%
ASA University Bangladesh 0.99%
Prime University 0.99%

Interested By Age Range

Age Range Percentage (%)
20-30 5.35%
31-35 20.79%
36-40 33.86%
40+ 37.23%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 1.59%
20K-30K 3.58%
30K-40K 6.56%
40K-50K 10.34%
50K+ 77.93%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 1.39%
0.1 - 1 years 0.40%
1.1 - 3 years 1.78%
3.1 - 5 years 2.97%
5+ years 93.47%

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