Chief Financial Officer (CFO)

Homeland Life Insurance Co. Ltd.

Homeland Life Insurance Co. Ltd.

 

Homeland Life Insurance Co. Ltd.

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Summary

  • Vacancy: 1
  • Age: 35 to 45 years
  • Location: Dhaka
  • Salary: Negotiable
  • Experience: 7 to 10 years
  • Published: 1 Aug 2024

 

Requirements

Education

  • Bachelor of Commerce (BCom) in Accounting
  • Commerce background of Masters, CA, (ACA, FCA, ACMA, FCMA) from the Institute of Chartered Accountants of Bangladesh (ICAB)

Experience

  • 7 to 10 years
  • The applicants should have experience in the following business area(s):
    Insurance

Additional Requirements

  • Age 35 to 45 years
  • The applicants should have experience in the following area(s): Accounts, Finance, Tax (VAT/Customs Duty/Income Tax), Cash Management, Banks, Funds investment management. Experience on Life Insurance Sector will be preferred.
  • Should have knowledge in Corporate Governance and Corporate Affairs in accordance with applicable laws/regulations in Bangladesh.
  • Strong financial and analytical skill with a track record of driving financial performance. Ability to analyze strategies and solve problems.
  • Ability to work under pressured environment.
  • Must have sound knowledge on computer literacy.

Responsibilities & Context

  • Drive the Company’s financial planning.
  • Monitor the whole accounts and finance requirements of selected factories.
  • Provide timely and accurate analysis of Budgets, Financial Reports and Financial Trends in order to assist the Management team to perform their responsibilities.
  • Ensure that all financial transactions are handled and processed in-line with the approved policies and procedures.
  • Manage the preparation of the official annual report of actual revenues, transfers, and expenses.
  • Maintain communication with the corporate finance team to meet the day-to-day fund demand.
  • Lead and coordinate with all other department the preparation of annual operating budget and developing 3-10 years business plans for the company.
  • Designing for maximizing revenue, profitability & liquidity.
  • Meeting Official Account, Costing & statutory auditing requirements including internal audit by implementing functional systems, monitoring and achieving cost reduction.
  • Analyzing, Coordinating proper mix of equity & debt fund requirements.
  • Advising on TAX & VAT planning (Within current legislation to enable them to minimize the Tax liabilities).
  • Ensure the timely reporting of all monthly financial information, statements and reports. Follow up existing Bank interest / profit service charges etc. as per sanction letter. Monitor the monthly and actual expenses to expenditure.
  • Projection of fund disbursement plan.
  • Develop and update the internal operational policy and procedures in Accounts.
  • Implement the internal control procedures.
  • Review the accounting documentations, reports, data, flowcharts etc.
  • Develop a reliable cash flow projection process.
  • Reports delivery to IDRA (as per requirements) on time to time.
  • Any other tasks in accounts related.

Compensation & Other Benefits

Salary, Festival Bonus, Baishakhi Allowance, Provident Fund, Gratuity Fund, Earn Leave, etc.

Workplace

Work at office

Employment Status

Full Time

Gender

Only Male

Job Location

Dhaka

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