Senior Manager Accounts, Finance & Commercial

Job Description

Title: Senior Manager Accounts, Finance & Commercial

Company Name: Cassiopea Sweaters Ltd.

Vacancy: --

Age: Na

Job Location: Dhaka (Badda)

Salary: Negotiable

Experience:

• At least 8 years
• The applicants should have experience in the following business area(s): Garments, Audit Firms /Tax Consultant, Financial Consultants

• At least 8 years
• The applicants should have experience in the following business area(s): Garments, Audit Firms /Tax Consultant, Financial Consultants

This position requires strong hands-on experience in garments manufacturing finance, banking, LC & commercial, cashflow management, and business analysis. The role will work closely with senior management to support financial planning, control, and decision-making.

Key Responsibilities

Accounts & Finance

• Oversee daily accounting activities and ensure accurate books of accounts.

• Prepare monthly, quarterly, and yearly financial statements.

• Ensure proper control of expenses, cost, and budgets.

• Monitor actual cost vs budget and report variances.

• Ensure timely payment of salaries, suppliers, and service providers.

• Handle internal and external audits and ensure audit compliance.

• Ensure compliance with Bangladesh accounting, VAT, and tax regulations.

Cashflow & Financial Planning

• Prepare and manage weekly and monthly cashflow statements.

• Forecast cash inflow and outflow and ensure smooth fund availability.

• Monitor working capital and identify cashflow risks in advance.

• Coordinate with management to prioritize payments based on cash position.

Forecasting & Budgeting

• Prepare financial forecasts (monthly, quarterly, yearly).

• Prepare annual budgets and revise forecasts based on business changes.

• Support management with financial projections for decision-making.

Feasibility & Business Analysis

• Conduct feasibility studies for new projects, buyers, machines, and capacity expansion.

• Analyze profitability of new orders, programs, and investments.

• Evaluate financial risks and returns before management approval.

Banking & Commercial

• Handle all banking activities including CC loan, OD, term loan, BBLC, and LCs.

• Prepare and manage import and export documentation.

• Coordinate with banks for LC opening, amendment, negotiation, and settlement.

• Follow up on export proceeds realization.

• Maintain strong relationships with banks and financial institutions.

Cost Control & Support

• Monitor production cost and overhead cost.

• Support merchandising and management teams with financial input when required.

• Identify opportunities for cost saving and efficiency improvement.

Team Management

• Lead and supervise accounts and commercial team members.

• Ensure accuracy, discipline, and timely reporting by the team.

Requirements

• Bachelor’s or Master’s degree in Accounting, Finance, or Business (CA partly qualified is a plus).

• Minimum 8–10 years of experience in garments or textile manufacturing.

• Strong knowledge of accounts, finance, commercial, and banking operations.

• Proven experience in cashflow management, forecasting, and feasibility analysis.

• Hands-on experience with LC, BBLC, and export/import documentation.

• Good Excel and reporting skills.

• Good communication skills

• Honest, analytical, and able to work under pressure.