Manager - Finance & Accounts

Job Description

Title: Manager - Finance & Accounts

Company Name: Sewtech Fashions Limited

Vacancy: 01

Age: Na

Job Location: Chattogram

Salary: Negotiable

Experience:

• At least 10 years
• The applicants should have experience in the following business area(s): Garments

• Graduation (BBA) and post-graduation (MBA) in Accounting or Finance preferred.

• CA CC with Part-qualified CA, preferably at the Advanced level.

• At least 10 years
• The applicants should have experience in the following business area(s): Garments

• Proficiency in accounting software (e.g., WFX, SAP).

• Advanced knowledge of Microsoft Excel.

• Strong understanding of tax, VAT and Customs regulations along with accounting standards.

• In-depth knowledge of financial management, including financial planning, budgeting, cost control, and cost-saving strategies.

• Effective communication with internal and external stakeholders.

• Ability to present financial reports clearly to non-financial audiences.

• Proactive in addressing financial discrepancies and implementing solutions promptly.

• Ability to motivate and manage a team effectively.

• Develop long-term financial strategies aligned with organizational goals.

• Lead financial planning sessions with senior management to set objectives and allocate resources.    

• Prepare annual budgets, including departmental budgets, and forecast revenues and expenses.

• Conduct variance analysis between budgeted and actual figures, providing corrective recommendations.

• Generate monthly, quarterly, and annual financial statements (Profit & Loss, Balance Sheet, Cash Flow Statement).

• Create detailed reports for investors, lenders, and board members as required.·       

• Use financial data to prepare feasibility studies, project evaluations, and ROI analyses.    

• Oversee tax planning to minimize liabilities within legal frameworks.

• Ensure compliance with all statutory requirements, including corporate tax, VAT, Customs and other applicable regulations.

• Stay updated on changes in accounting standards (IFRS) and tax laws to implement necessary adjustments.

• Liaise with external and internal auditors to ensure smooth audit processes.

• Develop and implement internal controls to prevent fraud and ensure data integrity.

• Identify potential financial risks and develop risk mitigation strategies.

• Manage day-to-day treasury functions, ensuring the company meets its short-term obligations.

• Optimize the capital structure by balancing equity and debt financing.

• Negotiate terms with financial institutions for loans, overdrafts, or credit lines.

• Any other task assign by the management.