Job Summary
Published On : May 2, 2024
No. of Vacancies : 01
Job Type :
Full Time
Job Level :
Experience : At least 15 years
Location : Dhaka
Salary Range:
Negotiable
Application Deadline : May 20, 2024
Chief Financial Officer (CFO)
Ring shine textiles limited
No. of Vacancies
01
Job Description / Responsibility
- Ring Shine Textiles Ltd. is considered to be the most trusted & reliable national Textiles manufacturer and supplier of quality products in the country, which facilitates and adds considerable value to its business processes in providing consistently with high-quality products of international standards in the local and international market at a competitive price because we are Bangladesh’s largest fully integrated textile company with a dominant presence in the Cotton and Polyester segments. In doing so the company shall endeavor to establish a loyal and mutually rewarding relationship with customers, employees, associates, and shareholders of the company. To attain the ultimate goal, management is searching Chief Financial Officer (CFO) having robust professional attachment and well experience in the manufacturing Industries depending on the following Job Responsibilities and Job Specification.
- Responsibilities:
- Overall responsibilities of management reporting covering all financial aspects.
- Analyzes financial statements, and prepares reports and recommendations to the top Management concerning financial performance.
- Good Knowledge about financial management, including financial planning, budget, and control to obtain the highest service advantage with a minimum cost impact.
- Monitor monthly performance reporting, financial statements and KPI's
- Factory Performance Evaluation and efficiency analysis.
- Understand taxation policy and lead organization tax planning to gain maximum tax benefits with adherence to compliance of all Laws, Rules & Regulations.
- Understand financial laws, tax implications, regulatory mechanisms around investments and advise management for necessary action to save cost & maximize gain.
- Designing, implementing, controlling and supervising all types of finance, accounts & costing matters complaining regulatory policies-procedures, preparing up-dated MIS various reports, profit margin report, bank reconciliation for the management and BODs.
- Coordinate in preparation of annual budget, and Banking liability & overdue statement.
- Prepare and submit monthly business result with variance analysis to the top management.
- Assure books/records and system are kept according to accounting standards.
- Monitor Working Capital and Recommended improvement areas.
- Review financial statements to prepare consolidated financial statements periodically, half-yearly and annually.
- Prepare, Co-ordinate and review annual budgets and its timely submissions.
- Oversee Corporate Insurance and Risk Management.
- Assess and evaluate financial performance of organization with regard to long-term operational goals, budgets and forecasts.
- Develop management reporting/ analytical tools/ key indicators for accounts and finance section.
- Focus on cost saving, efficiency programs, Product profitability and Investment Analysis.
- Work with various department heads to upgrade internal controls, reporting systems, corporate.
- policies & procedures and implementation of the same where needed.
- Ensure proper JD and KPIs are set for subordinates, evaluate staff performance and provide feedback, mentor for improvement, ensure discipline, identify training needs & facilitate training, and manage their career development.
Educational Requirements
- Master degree in Accounting with Preferred Professional Certification: FCA/ACA/FCMA IBA, Dhaka University, University of Dhaka and Brac’s students will get preference.
Experience Requirements
- At least 15 years
- The applicants should have experience in the following business area(s):
- Textile, Dyeing Factory
Additional Job Requirements
- Skills Required: Finance/ Accounts, Financial Analysis, Financial Audit, Financial Budget, Financial Planning, Income Tax and VAT.
- At least 15 years wherein minimum 5 years working experience as CFO in any manufacturing listed company.
- The applicants should have experience in the following area(s): Accounts and Finance.
- Incumbent should have practical experience with SAP.
- The applicants should have experience in the following business area(s):
- Spinning & Textile and Garments. However, Textiles sector will be given preference. The incumbent should have proficiency and working experience at any Public Listed Company.
- Working experience in the any factory (listed Textile & Garments company) located in BEPZA will get preference.
- In-depth understanding of operational issues and policy work at state, national and international levels.
- Sound and up-to-date knowledge of development concepts, methodologies and techniques including demonstrated expertise.
- Excellent management leadership skills as well as facilitation and capacity building for inter-linkages between Senior Officials and Management/ BODs.
- Must have knowledge about corporate finance, composite finance, SME finance, LC, LTR, UPAS LC, CC, Bank Guarantee, Business loan, Car loan, Personal Loan, Home Loan, all kind of term loan, funded or non-funded finance etc.
- Knowledge in GFET, import/export policy, TBML, CRM Policy, relevant circulars and guidelines (external and internal), loan documentation, etc.
- Conceptual, analytical, documentation and presentation skills.
- Proficiency in English language and a familiarity with the particular country environment as if effects development strategies.
Location
Dhaka
Salary Range
Negotiable
Other Benefits
As per company policy.
Job Source
Bdjobs.com.bd Online Job Posting
Application Deadline : May 20, 2024
Company Information
Company Name:
Ring shine textiles limited
Address: Plot No. 224-260,Extension area,DEPZ, Ganakbari,Savar, Dhaka, Bangladesh.
