Senior Executive - Accounts & Finance

Job Description

Title: Senior Executive - Accounts & Finance

Company Name: Babuland Limited

Vacancy: Not specific

Job Location: Dhaka (Banani)

Employment Status: Full-time

Educational Requirements:
∎ BBA/ Bachelors in Accounting/Finance

Experience Requirements:
∎ At most 2 year(s)
∎ The applicants should have experience in the following area(s): Budgeting and Forecasting, Finance/ Accounts, Financial Reporting

Job Context:
∎ Babuland Ltd is the pioneer of the largest and fastest-growing chain of indoor playgrounds in the Children Amusement & Wellness sector of Bangladesh. Currently, we have 9 branches in Bangladesh serving over 100,000 Babulanders per month. In 2023 alone the company has 3X`ed its operations. Going forward, Babuland will 10X its operations within the next 5 years, within the borders of Bangladesh and also beyond to international territory.
∎ Our out-of-the-box work environment with a massive focus on independent working style yet united at core makes Babuland a truly unique place to work in. We believe in open communication and encourage our employees to innovate and bring new ideas to the table. The glue that binds us together is team spirit and dedication to bringing smiles to children`s faces - Our customers are the heartbeat of Babuland.
∎ We are in search of a dynamic Senior Executive Accounts & Finance, plays a crucial role in managing and maintaining the financial health of the organization. This position is responsible for overseeing the financial reporting and budgeting processes, ensuring accuracy, compliance with accounting standards, and providing key insights to support strategic decision-making.

Job Responsibilities:
∎ Budgeting: Consolidate the various budgets of the respective departments into a comprehensive profit and loss budget.
∎ Monitor the overall profit and loss budget and analyze the monthly variances with sufficient evidences.
∎ Prepare product costing reports and update the costing on monthly basis with current purchase price.
∎ Suggest price changes required in relation to the product costing and GP margin.
∎ Forecasting & Projection: Prepare and forecast the projected Profit and Loss Statements.
∎ Reporting: Analyze and oversee the daily stock reports.
∎ Prepare and analyze the consumption ratios of various items and prepare consumption reports.
∎ Investigate the consumption variances not in line with the standard rate.
∎ Prepare and post JVs in QuickBooks for direct material purchases.
∎ Prepare the monthly inventory reconciliation reports with the physical stock take and system data.
∎ Investigate variances in the inventory reconciliation with sufficient justification from the branches.
∎ Analyze the items order/purchase quantity with the consumption pattern and current stock.
∎ Transfer inventory to Cost of sales.
∎ Report and track the materials wastage on regular basis and inform the respective branches to keep wastage as per standards.

Additional Requirements:
∎ Age 24 to 32 years
∎ Both males and females are allowed to apply
∎ Should display good motivational and communication skills.
∎ Willingness to travel Babuland Branch for audit purpose.
∎ Proficient in MS Excel and good Analytical skills.

Salary: Tk. 30000 - 35000 (Monthly)

Compensation & Other Benefits:
∎ T/A, Mobile bill, Provident fund, Weekly 2 holidays
∎ Lunch Facilities: Full Subsidize
∎ Salary Review: Yearly
∎ Festival Bonus: 2
∎ As per company policy

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 30 Nov 2023

Company Information:
∎ 31 Oct 2023
∎ Babuland Limited
∎ Address : Awal Center, 34 Kemal Ataturk Avenue, Banani C/A, Dhaka-1213, Bangladesh.

Category: Accounting/Finance

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Source: bdjobs.com

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