Title: Manager – Finance & Accounts
Company Name: Royal University of Dhaka (RUD)
Vacancy: 1
Age: At least 27 years
Job Location: Dhaka
Salary: Negotiable
Experience:
Master’s in Accounting/Finance or MBA (Accounting/Finance).
Minimum 5–8 years of relevant experience in Accounts/Finance; experience in an educational institution is an advantage.
Strong knowledge of accounting standards, financial reporting, and Bangladesh Tax/VAT regulations.
Proficiency in accounting software and advanced MS Excel skills.
Strong analytical ability with accuracy in data handling and problem-solving.
Good communication, teamwork, and leadership skills to manage the accounts team effectively.
Ability to work under pressure, maintain integrity, and meet strict deadlines.
1. Financial Accounting & Reporting
Prepare, review, and maintain all financial statements including Income Statement, Balance Sheet, and Cash Flow Statement.
Ensure timely preparation of monthly, quarterly, and yearly financial reports.
Monitor ledger entries, reconcile accounts, and correct discrepancies.
Oversee accounts payable, accounts receivable, and general ledger activities.
Ensure proper recording of tuition fees, grants, donations, and other university revenues.
2. Budgeting & Financial Planning
Assist in preparing annual budgets in collaboration with all departments.
Monitor budget utilization and variance analysis; provide recommendations for corrective actions.
§ Support management in long-term financial planning and projections.
3. Compliance & Audit
§ Ensure compliance with Bangladesh laws, VAT/Tax rules, NBR guidelines, and university financial policies.
§ Coordinate external and internal audits, prepare audit schedules, and address audit findings.
§ Maintain all statutory records and assist in regulatory submissions.
4. Cash & Fund Management
Manage daily cash flow and bank reconciliation.
Oversee fund allocation, vendor payments, and salary disbursements.
Ensure proper handling of petty cash and imprest funds.
Monitor bank accounts and liaise with banking partners.
5. Fee & Billing Management
§ Supervise the billing process for students, including tuition fee collection, scholarships, waivers, and penalties.
§ Ensure timely issuance of invoices, fee summaries, and statements of accounts.
§ Coordinate with Registrar/Admission Office for student finance-related matters.
6. System & Process Control
Implement and maintain an effective accounting system/software (ERP).
Strengthen financial controls to prevent fraud, errors, and misappropriation.
Develop and update SOPs for finance operations.
7. Team Supervision & Development
Lead and supervise the Accounts team; assign tasks and monitor performance.
Provide training and guidance to staff to improve efficiency and accuracy.
Promote a culture of integrity, accountability, and continuous improvement.
8. Management Support
Prepare financial insights, analytical reports, and presentations for senior management.
Support decision-making with accurate data and trend analysis.
Participate in strategic meetings and provide financial advice where required.
As per RUD Policy.