Senior Manager-Finance & Accounts

Job Description

Title: Senior Manager-Finance & Accounts

Company Name: Bangladesh Petrochemical Company Limited

Vacancy: 1

Age: 30 to 40 years

Job Location: Dhaka (Kawran Bazar)

Salary: Negotiable

Experience:

• 8 to 10 years
• The applicants should have experience in the following business area(s): Manufacturing (FMCG), Plastic/ Polymer Industry

• Master of Business Administration (MBA)

• CMA/CA/Qualified or Partly Qualified Candidate will get more preferences.      

• 8 to 10 years
• The applicants should have experience in the following business area(s): Manufacturing (FMCG), Plastic/ Polymer Industry

• Age 30 to 40 years

• Responsible for controlling, monitoring, supervising, and advising on day-to-day accounting activities, reporting directly to management. Maintain financial compliance to establish the company`s financial discipline.

• Prepare and implement monthly payment, receipt, income, and expenditure budgets for the company.

• Prepare monthly financial statements including balance sheet, income statement, and statement of cash flows

• Prepare "Targeted Collection, Actual Collection, and Variance" statements, reporting fortnightly to management and relevant departments.

• Reconcile: a. Bank statements, b. Invoice-wise billing and collected amounts, c. Month-end balances, and prepare customer-wise balance confirmation statements.

• Review cash flow requirements to ensure adequate funds are available for operations.

• Develop and update internal financial operation policies and procedures.

• Manage, supervise, and control all daily activities of the Accounts and Finance Department team.

• Liaise with the Head Offices and branches of all banks/NBFIs. Supervise bank payments to maintain an unclassified status in the CIB database.

• Handle local bank transactions, prepare weekly/monthly bank reconciliation statements, and take corrective action on any pending reconciling items.

• Prepare loan proposals, submit related documents to bank officials, and maintain relationships with them. Arrange LC/BG facilities for the supply chain department as needed.

• Ensure payments to all stakeholders are made with authorized documents in compliance with regulatory requirements, including withholding tax/VAT.

• Ensure compliance with tax rules, submit tax returns on time, and complete/update assessment processes.

• Interface with tax authorities to ensure full compliance with relevant laws and regulations.

• Conduct product-wise cost analysis and take measures to optimize costs.

• Perform any other assignments entrusted by management from time to time.