Lead, Financial Reporting

Green Delta Insurance Company Limited

Green Delta Insurance Company Limited

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Summary

• Vacancy: —
• Location: Dhaka (Mohakhali)
• Salary: Negotiable
• Experience: At least 10 years
• Published: 11 Dec 2024

Requirements

Education

• Master of Business Administration (MBA) in Finance

• A professional certification (e.g., CA, ACCA, CMA) or Part-qualified status is preferred
• Bachelor’s or Master’s degree in Accounting or Finance. A professional certification (e.g., CA, ACCA, CMA) or part-qualified status is preferred.

Experience

• At least 10 years
• The applicants should have experience in the following business area(s):
  Banks, Insurance, Audit Firms /Tax Consultant, Financial Consultants

Additional Requirements

Qualifications and Skills :

Experience:

• Minimum of 10 years of progressive experience in finance and accounting, including a leadership role in financial reporting.

Technical Skills:

• Proficiency in accounting software and advanced Excel skills. Knowledge of IFRS and other accounting standards is essential.

Analytical Skills:

• Strong analytical abilities and a proactive approach to problem-solving.

Communication:

• Excellent verbal and written communication skills for effective reporting and stakeholder engagement.

Key Competencies

• Strong leadership and team management skills.
• High attention to detail with a focus on accuracy and compliance.
• Ability to work under pressure and meet deadlines.
• Strategic thinking with the ability to drive process improvements.

Responsibilities & Context

Green Delta Insurance PLC is seeking a talented and experienced Lead, Financial Reporting to join our Finance and Accounts team. In this role, you’ll play a key part in financial reporting to conduct detailed variance analysis and provide insights into financial performance. You’ll Oversee the preparation and submission of accurate and timely financial reports, including monthly, quarterly, and annual financial statements.

Key Responsibilities

1. Financial Reporting

• Oversee the preparation and submission of accurate and timely financial reports, including monthly, quarterly, and annual financial statements.
• Ensure compliance with regulatory reporting requirements and accounting standards.
• Conduct detailed variance analysis and provide insights into financial performance.

2. Operational Management

• Manage day-to-day operations of the Finance and Accounts department, ensuring smooth execution of all financial activities.
• Supervise and guide the team in handling accounts payable, receivable, and reconciliations.
• Monitor and optimize cash flow management processes.

3. Budgeting and Forecasting

• Lead the development of annual budgets and periodic forecasts.
• Collaborate with key stakeholders to ensure alignment with strategic objectives.
• Track financial performance against budgets and provide recommendations for corrective actions.

4. Process Improvement and Compliance

• Identify opportunities for improving financial processes and implement best practices.
• Ensure adherence to internal controls and company policies.
• Liaise with auditors, regulators, and other stakeholders to address financial inquiries and audits.

5. Investment and Asset Management

• Oversee documentation and fund transfers related to investments, such as Fixed Deposit Receipts (FDRs) and bonds.
• Manage records of investment documents and review income calculations.
• Provide strategic recommendations on investment decisions based on market trends.

6. Team Leadership

• Mentor and develop team members, fostering a high-performing work environment.
• Delegate tasks effectively to ensure timely completion of departmental goals.
• Conduct performance reviews and identify training needs.

7. Stakeholder Communication

• Act as the point of contact for banks, financial institutions, and regulatory bodies.
• Communicate financial results and insights to senior management.
• Collaborate with cross-functional teams to support organizational objectives.

Skills & Expertise

Analytical Skill

Financial Reporting

Forcasting

Investment Analysis

Product Costing and budgeting

Stakeholder Management

Compensation & Other Benefits

• T/A, Mobile bill, Performance bonus, Weekly 2 holidays, Insurance, Gratuity, Provident fund
• Salary Review: Yearly
• Festival Bonus: 2

As per company policy

Workplace

Work at office

Employment Status

Full Time

Job Location

Dhaka (Mohakhali)

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