Sr. Finance Executive/ Finance Executive

Job Description

Title: Sr. Finance Executive/ Finance Executive

Company Name: Advanced Chemical Industries PLC (ACI)

Vacancy: --

Age: 27 to 32 years

Job Location: Dhaka (Tejgaon Industrial Area)

Salary: Negotiable

Experience:

• 1 to 5 years
• The applicants should have experience in the following business area(s): Manufacturing (FMCG), Pharmaceutical/Medicine Companies, Agro based firms (incl. Agro Processing/Seed/GM), Group of Companies, Chemical Industries, Automobile

• Bachelor/Honors

• 1 to 5 years
• The applicants should have experience in the following business area(s): Manufacturing (FMCG), Pharmaceutical/Medicine Companies, Agro based firms (incl. Agro Processing/Seed/GM), Group of Companies, Chemical Industries, Automobile

• Age 27 to 32 years

• Sound knowledge in Finance & Accounting

• Strong analytical ability

• Proficient in MS Office package specially in MS Excel Good communication & interpersonal skill

• Planning skill

1.     Treasury Management.

·       Perform comprehensive daily reconciliations of all bank accounts against the General Ledger to ensure all inflows and outflows are accurately and timely recorded.

·       Monitoring and recording sales collection and conduct reconciliation thereon;

·       Work closely with Group Treasury to report daily cash positions and ensure adequate funding is available for operational needs.

·       Identify and resolve any banking errors or unidentified transactions within following working days.

·       Support the finance operations team in achieving precise month-end closures by ensuring all transactions are recorded accurately and reporting deadlines are met consistently.

·       Performing reconciliation of stock, debtors, sales, advances and creditors at the end of each month;

·       Recording of inter-company transactions and reconciling accordingly at the end of each month;

·       Conducting visit of Warehouses and Showrooms to ensure proper control over collection and reconciliations;

·       Cheque prints and payment confirmation.

·       Maintain a detailed schedule of all outstanding loans, reconciling principal and interest balances between bank statements and internal records.

·       Calculate monthly interest expenses, commitment fees, and other finance charges to ensure accurate accruals in the financial statements.

·       Collect, organize, and preserve all Bank Sanction Letters and facility agreements, ensuring the business remains compliant with all debt covenants and renewal timelines.

·       Identify and resolve variances in loan repayments, interest calculations, and fee assessments.

·       Coordinate with group treasury to collect bank statements, loan statements and ensure accuracy and timely recording.

2.     Reporting & Month-End Integration.

• Cooperate with the Finance Operations team to ensure all treasury-related entries (interest, bank fees, FX gains/losses) are posted accurately before the closing deadline.

• Prepare monthly treasury reports for management, highlighting interest rate trends, facility utilization, and bank fee analysis, cost optimization, efficient fund management, etc.

3.     Audit & Compliance Support.

• Act as the primary point of contact for treasury-related audit queries, providing bank confirmations, loan agreements, and reconciliation reports.

• Maintain SOPs (Standard Operating Procedures) for all treasury functions to ensure transparency and "audit-ready" workflows.

• Maintain a clear and organized audit trail for all reconciliation activities to support internal and external audits.

• Mobile bill,Medical allowance,Performance bonus,Profit share,Provident fund,Gratuity,Insurance
• Lunch Facilities: Partially Subsidize
• Salary Review: Yearly
• Festival Bonus: 2