Sr. Executive /Assistant Manager -Accounts & Finance

Job Description

Title: Sr. Executive /Assistant Manager -Accounts & Finance

Company Name: Dhaka Technology and Engineering

Vacancy: 2

Age: 25 to 45 years

Job Location: Dhaka

Salary: Tk. 20000 - 40000 (Monthly)

Experience:

• 5 to 10 years
• The applicants should have experience in the following business area(s): Trading or Export/Import, Engineering Firms

• Bachelor of Commerce (BCom) in Accounting, Finance, Economics
• Master of Business Administration (MBA) in Accounting, Finance, Finance & Banking, Economics

• 5 to 10 years
• The applicants should have experience in the following business area(s): Trading or Export/Import, Engineering Firms

• Age 25 to 45 years

1. Accounting & Financial Management

• Manage day-to-day accounting activities, including accounts payable, accounts receivable, cash, bank, and general ledger.

• Ensure timely and accurate recording of all financial transactions.

• Prepare and review vouchers, invoices, receipts, payment documents, and journal entries.

• Maintain proper project-wise and company-wise accounting records.

2. Project Accounting & Cost Control

• Monitor project budgets, project costs, expenses, and profitability.

• Track material purchases, subcontractor bills, manpower costs, logistics, and other project expenses.

• Prepare project-wise cost reports and variance analysis.

• Coordinate with Project/Site Engineers to verify work progress, material consumption, and project expenses.

3. Receivables & Payables Management

• Monitor customer outstanding balances and ensure timely collection of project payments.

• Prepare payment schedules and follow up with customers regarding invoices and outstanding amounts.

• Review supplier/subcontractor bills and ensure payments are made according to approved terms.

• Maintain an updated Accounts Receivable and Accounts Payable aging report.

4. Budgeting & Financial Reporting

• Assist management in preparing annual budgets, project budgets, cash-flow forecasts, and financial projections.

• Prepare monthly/quarterly management reports, cash-flow statements, income statements, and financial summaries.

• Analyze financial performance and highlight significant variances to management.

5. Tax, VAT & Regulatory Compliance

• Ensure compliance with applicable VAT, TAX, withholding tax, and other statutory requirements.

• Coordinate with external auditors, tax consultants, banks, and relevant authorities.

• Maintain proper supporting documents for tax and audit purposes.

6. Banking & Cash Management

• Manage company banking activities, including LC, bank guarantees, payment processing, fund transfers, and bank reconciliation where applicable.

• Monitor daily cash and bank positions.

• Prepare cash-flow requirements based on project and operational needs.

7. Procurement & Commercial Support

• Review financial aspects of purchase orders, quotations, contracts, and subcontract agreements.

• Coordinate with Procurement and Commercial teams regarding payment terms and financial commitments.

• Support management during price negotiation, costing, and project financial evaluation.

8. Internal Control & Audit

• Establish and maintain proper financial controls and approval procedures.

• Verify supporting documents before processing payments.

• Identify financial risks, irregularities, or control weaknesses and report them to management.

• Coordinate internal and external audits and provide required documents.

9. Team Supervision

• Supervise and guide Accounts & Finance personnel.

• Review the work of accountants and ensure timely completion of monthly closing activities.

• Develop proper accounting procedures and maintain organized financial documentation.

10. Management Support

• Provide management with financial analysis and commercial advice for project and business decisions.

• Evaluate the financial impact of new projects, investments, and major purchases.

• Perform other Accounts & Finance responsibilities assigned by management.

Key Performance Areas (KPIs)

• Accuracy and timeliness of financial reporting

• Project cost control and profitability

• Customer collection / receivable reduction

• Timely supplier and subcontractor payment processing

• VAT/TAX compliance

• Cash-flow management

• Audit compliance and reduction of accounting errors

• Proper maintenance of project-wise financial records