Job Description
Title: Senior Executive – Accountant
Company Name: HANDA (DHAKA) TEXTILE CO., LTD.
Vacancy: --
Age: at least 28 years
Location: Dhaka (Banani)
Salary: Tk. 30000 - 45000 (Monthly)
Experience:
∎ 2 to 4 years
Published: 18 Dec 2024
Education:
∎ Bachelor of Business Administration (BBA) in Accounting, Bachelor of Business Administration (BBA) in Finance
Requirements:
Additional Requirements:
∎ Age at least 28 years
Responsibilities & Context:
∎ Key Responsibilities:
∎ Financial Reporting: Prepare and review monthly, quarterly, and annual financial statements, including the Profit and Loss (P&L) statement, balance sheet, and cash flow reports. Ensure the accuracy and timeliness of all reports.
∎ Cost Accounting & Inventory Management: Oversee and manage cost of goods sold (COGS), including raw materials, labor, overhead, and finished goods. Maintain accurate inventory records and ensure stock valuations are accurate and up to date.
∎ Accounts Payable & Receivable: Manage the accounts payable and accounts receivable processes to ensure timely processing of supplier invoices and customer payments. Ensure proper reconciliation of all payments and receipts.
∎ Budgeting & Forecasting: Assist in preparing the annual budget and forecasts. Track actual vs. budgeted financial performance and provide insights and recommendations to improve financial outcomes.
∎ Tax Compliance: Ensure compliance with tax regulations, including VAT, TDS, corporate tax, and other statutory filings. Assist with tax audits.Audit Coordination: Assist in the preparation and coordination of internal and external audits. Ensure the timely provision of documents and information as required by auditors.
∎ Cost Control & Analysis: Analyze production costs, raw material costs, labor, and overheads, and provide recommendations to optimize costs. Regularly review operational costs and highlight any discrepancies.
∎ Financial Analysis & Reporting: Provide regular financial analysis to senior management regarding business performance, cost structures, profitability, and cash flow.
∎ Internal Controls & Compliance: Ensure all accounting operations are in compliance with internal controls, company policies, and industry standards. Suggest improvements to internal processes and systems.
∎ ERP andAccounting Software: Utilize ERP systems and accounting software to maintain accurate financial records and automate accounting processes.
∎ Key Competencies:
∎ Cost Management: Expertise in analyzing and controlling production costs, ensuring profitability in garment manufacturing.
∎ Analytical Thinking: Strong analytical skills to assess financial data, cost performance, and operational efficiency.
∎ Problem-Solving: Proactively identify financial discrepancies and suggest corrective measures to streamline processes.
∎ Team Collaboration: Ability to work collaboratively with internal departments, such as production, sales, and procurement, to ensure accurate financial reporting and cost management.
∎ Adaptability: Flexibility to adapt to changing business conditions and evolving accounting processes within the garment industry.
∎ Working Conditions:
∎ Full-time position.Occasional overtime may be required during month-end, quarter-end, or year-end closing periods.Office-based role with potential visits to the manufacturing or warehouse facilities for inventory or production cost assessments.Qualifications:
∎ • Education: Master’s/MBA degree in Business accounting, Finance, or related field (CACC, ACCA, or other professional certifications are preferred).
∎ • Experience: Minimum of 2-4 years of experience in account, with at least 1-2 years in the garment or manufacturing industry.
∎ • Knowledge: Strong knowledge of accounting principles, financial reporting, and tax laws. Familiarity with garment production costing, inventory management, and cost control in the manufacturing sector is essential.
∎ • Software Skills: Proficient in accounting software (e.g. Cloud Base ERP, QuickBooks, Tally) and Microsoft Excel (advanced formulas, pivot tables, etc.). • Analytical Skills: Strong ability to analyze financial data, identify trends, and generate meaningful insights for decision-making.
∎ • Communication: Excellent written and verbal communication skills to effectively liaise with internal teams and external stakeholders.
∎ • Attention to Detail: High level of accuracy and attention to detail in all financial reporting, reconciliations, and documentation.
∎ • Time Management: Ability to manage multiple tasks and prioritize effectively to meet deadlines.
Workplace:
∎ Work at office
Employment Status: Full Time
Job Location: Dhaka (Banani)
Company Information:
∎ HANDA (DHAKA) TEXTILE CO., LTD.
∎ H-408/3, R-7 DOHS, BARIDHARA
∎ Knitwear Manufacture
Address::
∎ H-408/3, R-7 DOHS, BARIDHARA
∎ Knitwear Manufacture
Read Before Apply: Please apply only who are fulfilling all the requirements of this job
Application Deadline: 17 Jan 2025
Category: Accounting/Finance