Chief Financial Officer (CFO)

A Reputed Group of Companies

 

A Reputed Group of Companies

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Summary

• Vacancy: —
• Age: 35 to 45 years
• Location: Dhaka
• Experience: At least 10 years
• Published: 1 Jul 2024

 

Requirements

Education

• An associate or fellow member of the Institute of Chartered Accountants of Bangladesh (ICAB)/ACA/FCA
• An MBA degree or qualification in Finance and Accounting from a reputable university

Experience

• At least 10 years

Additional Requirements

• Age 35 to 45 years

• Experience: Minimum of 10 years of progressive experience in Financial Management in reputable business organizations.

Other Skills:

• Strong understanding of GAAP, IFRS and other accounting principles.
• Proficiency in financial software and ERP systems.
• Excellent written and verbal communication skills in English and Bengali
• Strong leadership and team management capabilities.
• Effective communication and interpersonal skills.
• High level of integrity and attention to detail.
• Good knowledge of financial modelling and reporting templates with advanced skills in MS Excel.
• Strong proficiency in preparing charts and presentations, and in all MS Office applications including Word and PowerPoint.
• Good accounting knowledge with appropriate analytical competency and skills
• Strong interpersonal, collaboration and communications skills and ability to build relationships at all levels of the organization.
• Excellent organizational, planning, time management and problem-solving skills
• A proactive approach to business initiatives, including the ability to multitask, think creatively, identify issues and present solutions.
• High sensitivity and awareness of working with people of many cultural backgrounds
• Driven by a strong personal sense of integrity, including holding confidential information and upholding exemplary quality standards.

Responsibilities & Context

• Job Location: Head Office, Dhaka.

Job Context

• As an integral part of this journey, we are seeking a dynamic, responsible, results-driven, and innovative individual for the Senior Management Post.
• As a key member of the Senior Management Team, CFO will assume a strategic leading role in the overall management of the company’s finances and accounts. This critical role involves overseeing the organization’s financial operations and financial management.

Key Responsibilities:

Financial Strategy:

• Develop and implement a comprehensive financial strategy aligned with the company’s long-term goals and objectives.

Budget and Forecast:

• Prepare the annual budget as per the set timelines in coordination with the various budget owners and departments.
• Oversee the annual budgeting process, recommend cost control measures, enhance efficiency and support long-term financial planning and modeling.
• Put systems in place to track the financial performance (including qualitative and quantitative
• information) against the budget on a regular basis and provide variance analysis in collaboration with budget owners.

Financial Reporting:

• Manage and ensure the accurate and timely preparation of monthly, quarterly and annual financial statements, adhering to International Financial Reporting Standards (IFRS).
• Help to prepare and finalize monthly, quarterly and annual MIS reports using data from the accounting system.

Financial Analysis:

• Conduct in-depth financial analysis and deliver actionable insights to the corporate management to support strategic planning.
• Develop various financial models and costing analyses as and when required.
• Identify business trends using real data and compile analytical reports.

Accounting Operations:

• Supervise daily accounting activities, including accounts payable, accounts receivable and the general ledger.

Tax Management:

• Supervise the annual tax processes and coordinate with tax authorities to ensure compliance.

Risk Management:

• Identify and mitigate financial risks, evaluate investment opportunities and manage cash flow, liquidity, and funding needs.

Leadership and Team Management:

• Lead and mentor the finance and accounting team, cultivate a high-performance culture, and oversee training and development to enhance team skills and competencies.

Stakeholder Management:

• Collaborate with departmental heads and senior management to align financial goals with business objectives.
• Act as the main liaison for financial matters with external stakeholders such as banking institutions, auditors, regulators and investors.

Strategic Financial Advice:

• Provide strategic financial insights on a per-requisition basis to the Chairman, Executive Director and Board of Directors to support decision-making.

Any other tasks as assigned by the management, from time to time.

Compensation & Other Benefits

• Selected candidate will be offered a market-based remuneration package with other fringe benefits as per company policy.
• Benefits: Provident Fund, Gratuity, Festival Bonus, subsidized lunch, medical benefits and others as per organization policy.

Employment Status

Full Time

Job Location

Dhaka

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