Senior Manager/AGM, Financial Planning & Analysis, Finance and Accounts

Job Description

Title: Senior Manager/AGM, Financial Planning & Analysis, Finance and Accounts

Company Name: Aarong

Vacancy: 1

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ BBA/MBA with major in Finance/Accounting from any reputed university

Experience Requirements:
∎ 4 to 6 year(s)

Job Responsibilities:
∎ Assist the General Manager – Finance & Accounts in making major financing or investment decisions.
∎ Analyze and measure the business performance of Strategic Business Units comparing different ratios and targets. The performance measurement is essential for performance-based pay.
∎ Initiate and assist the 'Annual Business Plan' setting process that set the targets for at least next one year. The plan includes sales forecast, purchase plan, cost estimations, and above all, fund requirements and arrangement details.
∎ Design the reporting structure and work with the IT team to update/develop IT framework that facilitates the reporting process.
∎ Perform various analyses as and when required by the Management. Develop business plans for new projects.
∎ Assisting Senior Management in business strategy preparation of Strategic Business Units, developing and managing balanced score card (BSC), setting business KPIs, analyzing business scenario and recommending action area, analyzing pricings and providing suggestions etc.
∎ Analyzing business for Strategic Business Units, minimizing business risk by analyzing, highlighting risks and providing mitigation plan, driving OPEX saving initiatives, analyzing receivable report, sales report, inventory, cash flow and financial reports on weekly and monthly basis, assisting in managing inventory, providing ad-hoc analysis reports with recommendation as per requirement.
∎ Reviewing and validating annual business plan of strategic business units with KPI, targets and initiatives, following through ABP achievement and raising concerns, leading to prepare monthly rolling forecasts, developing and managing financial models as and when required.
∎ Leading as project manager for various cost improvement, new business, investment projects as and when required.
∎ Reviewing the business case for a new project in the planning state, investment, OPEX and CAPEX analysis in regard to business extension, product profitability, monitoring and controlling including post implementation review of projects.
∎ Preparing quarterly business review presentation, balanced score card presentation, MIS reports and ad-hoc reports for BOD, top management and different stakeholders as when required

Additional Requirements:
∎ Sound understanding of IAS, IFRS and GAAP
∎ Sound understanding of Accounting, Finance, Auditing, Tax, VAT, Treasury
∎ Practical experience on budget preparation, variance analysis and implementation of budget
∎ Skills in preparing financial reports, statements and projections, Internal control system initialization, development & implementation, Enterprise risk assessment and management

Salary: Negotiable

Compensation & Other Benefits:
∎ Performance bonus, Provident fund, Weekly 2 holidays, Insurance, Gratuity
∎ Salary Review: Yearly
∎ Festival Bonus: 2

Application Deadline: August 20, 2019

Company Information:
∎ Aarong
∎ Address : Aarong Centre, 346, Tejgaon (I/A), Dhaka-1208
∎ Web : www.aarong.com
∎ Business : Aarong is one of the largest social enterprises of BRAC established in 1978 as retail chain that is making a significant contribution to the local economy through the creation of market linkage, entrepreneurs and employment opportunities. Aarong offers a fair price to the rural suppliers and artisans while introducing the products to urban markets where both demand and consumers` willingness to pay the highest. Today, Aarong has transformed into a high surplus generating enterprise, operating as one of the largest lifestyle retailers in Bangladesh. We are proud to be an equal opportunity employer and will do everything possible to ensure that those who are suitable to work within our values and beliefs are recruited to work for us.

Category: Accounting/Finance