KOTITI Bangladesh Ltd
Requirements
Education
- Master of Commerce (MCom) in Accounting
- Professional certification (CA – complete or part-qualified) will be given preference
Experience
-
- 5 to 7 years
- The applicants should have experience in the following business area(s): Garments, Textile
Additional Requirements
- Age At least 35 years
Advanced financial modelling – Excel-based project finance models, scenario analysis, and sensitivity tables Proficiency in accounting software (Tally ERP, Busy In, or equivalent)Strong understanding of accounting, project cost control, and Working knowledge of IFRS and Bangladesh Financial Reporting Standards (BFRS)
Responsibilities & Context
- General & Subsidiary Ledgers: Oversee and monitor the reconciliation of all general ledgers and subsidiary ledgers, ensuring accurate classification of income, expenses, assets, and liabilities.
- Chart of Accounts (CoA): Maintain and develop the Chart of Accounts to align with business expansion and reporting requirements.
- Closing & Financial Statements: Lead the month-end, quarterly, and year-end closing processes. Supervise the preparation and timely reporting of monthly, quarterly, and annual financial statements (Balance Sheet, P&L, Cash Flow) in accordance with standard procedures (IFRS/IAS).
- Outlet Consolidation: Prepare consolidated Profit and Loss accounts across various outlets and business units.
- Transaction Integrity: Verify, monitor, and control accounting transactions, records, and documentation to ensure they are properly entered into register books and financial software
- Taxation & Withholding: Oversee the calculation, deduction, and timely payment of Corporate Advance Income Tax, Tax Deducted at Source (TDS), and VAT Deducted at Source (VDS).
- Budget Coordination: Coordinate with various departments to compile, prepare, and review monthly, quarterly, half-yearly, and annual operating budgets.
- Variance Analysis: Compare actual financial performance against budgets and forecasts, identifying and reporting root causes for overspends or revenue shortfalls.
- Costing & Feasibility Support: Assist the pricing team with product costing, analysis, and negotiations. Conduct financial feasibility studies for new outlet openings or closures.
- Management Insights: Translate complex financial data into concise, actionable reports for senior management to facilitate easy decision-making.
- Supervision & Mentorship: Control, monitor, guide, and mentor subordinates within the accounting team to ensure accuracy in daily work.
- Systems Advancement: Assist in the development, implementation, and optimization of the ERP system to automate reporting and improve data integrity.
To apply for this job email your details to apply@chakricircular.com