Senior Executive - Accounts & Finance

Job Description

Title: Senior Executive - Accounts & Finance

Company Name: Babuland Limited

Vacancy: 1

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): Accounts, Budgeting, Financial Reporting

Job Context:
∎ Babuland Ltd is the pioneer of the largest and fastest growing chain of indoor playgrounds in the Amusement Sector of Bangladesh. Currently, we have 9 branches in Dhaka with a nationwide rollout plan in the next few years. Our out-of-the-box work environment 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.
∎ Our company values are Passion, Creativity, Co-learning, Commitment, Happiness

Job Responsibilities:
∎ Analyze and oversee the daily stock reports.
∎ Ensure proper records are maintained at branches and Supply Chain end regarding the issue and receipt of inventory.
∎ Prepare and analyze the consumption ratios of various items and prepare consumption reports.
∎ Investigate the consumption variances not in line with the standard rate.
∎ Ensure items are entered in BMS system by the branches for the direct material purchases.
∎ Prepare and post JVs in QuickBooks for direct material purchases.
∎ Reconcile the adjustments from the supply chain team regarding the advances and subsequent inventory inputs.
∎ 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 and post JVs in QuickBooks.
∎ Ensure timely posting of inventory items in QuickBooks after delivery of goods from the vendors.
∎ Reconciliation of vendor payments.
∎ Report and track the materials wastage on regular basis and inform the respective branches to keep wastage as per standards.
∎ Prepare the wastage reporting JVs and post in QuickBooks.
∎ Prepare and forecast the projected Profit and Loss Statements.
∎ 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.

Additional Requirements:
∎ Age 24 to 31 years
∎ Both males and females are allowed to apply
∎ Familiarity with Quick Books is preferred.
∎ 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. 25000 - 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: Online Job Posting.

Application Deadline: 27 Oct 2023

Company Information:
∎ 27 Sep 2023
∎ Babuland Limited
∎ Address : Awal Center, 34 Kemal Ataturk Avenue, Banani C/A, Dhaka-1213, Bangladesh.

Category: Accounting/Finance



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