Assistant Manager – Finance & Accounts

Job Description

Title: Assistant Manager – Finance & Accounts

Company Name: MBM Group

Vacancy: --

Location: Dhaka

Salary: Negotiable

Experience:
∎ 4 to 6 years
∎ The applicants should have experience in the following business area(s):Garments, Financial Consultants

Published: 24 Mar 2025

Education:

Requirements:

Additional Requirements:
∎ CA partly qualified will be given preference.
∎ Minimum 2 years’ experience in the RMG sector.
∎ Knowledge of Accounting Standard, Income Tax Act & Ordinance.
∎ Deep understanding of financial procedures, budgeting, and forecasting.
∎ Strong analytical and problem-solving skills.
∎ Excellent communication and leadership abilities.
∎ CA partly qualified will be given preference.
∎ Minimum 2 years’ experience in the RMG sector.
∎ Knowledge of Accounting Standard, Income Tax Act & Ordinance.
∎ Deep understanding of financial procedures, budgeting, and forecasting.
∎ Strong analytical and problem-solving skills.
∎ Excellent communication and leadership abilities.

Responsibilities & Context:
∎ Collect and verify monthly sales figures, cost of materials, staff salaries, worker wages, and operating expenses.
∎ Ensure accuracy in subcontracting and insurance expenses for financial reporting.
∎ Prepare comprehensive KPI reports for production and merchandising.
∎ Compile profit calculations, comparing actual, target, and projected figures.
∎ Convert financial reports from BDT to USD for international reporting.
∎ Work with merchandising, production, and finance teams to prepare the semi-annual spending budget.
∎ Conduct bi-monthly cash flow forecasting, ensuring accurate projections for inflows and outflows.
∎ Forecast operating expenses, loan payments, tax obligations, and investment decisions.
∎ Manage ERQ account status reports, ensuring bank statements are updated weekly.
∎ Oversee outstanding payment tracking, coordinating with finance teams on disbursements.
∎ Ensure compliance with financial policies and internal controls.
∎ Liaise with banks and auditors to support financial reviews and external audits.
∎ Continuously improve financial processes to enhance efficiency, accuracy, and compliance.
∎ Work closely with internal teams (HR, Planning, Marketing, Production) and external stakeholders (Banks, Audit Firms).
∎ Monthly Performance Reporting:
∎ Collect and verify monthly sales figures, cost of materials, staff salaries, worker wages, and operating expenses.
∎ Ensure accuracy in subcontracting and insurance expenses for financial reporting.
∎ Prepare comprehensive KPI reports for production and merchandising.
∎ Compile profit calculations, comparing actual, target, and projected figures.
∎ Convert financial reports from BDT to USD for international reporting.
∎ Budgeting & Forecasting:
∎ Work with merchandising, production, and finance teams to prepare the semi-annual spending budget.
∎ Conduct bi-monthly cash flow forecasting, ensuring accurate projections for inflows and outflows.
∎ Forecast operating expenses, loan payments, tax obligations, and investment decisions.
∎ Financial Data Management & Compliance:
∎ Manage ERQ account status reports, ensuring bank statements are updated weekly.
∎ Oversee outstanding payment tracking, coordinating with finance teams on disbursements.
∎ Ensure compliance with financial policies and internal controls.
∎ Liaise with banks and auditors to support financial reviews and external audits.
∎ Continuously improve financial processes to enhance efficiency, accuracy, and compliance.
∎ Collaboration:
∎ Work closely with internal teams (HR, Planning, Marketing, Production) and external stakeholders (Banks, Audit Firms).

Compensation & Other Benefits:
∎ Mobile bill
∎ Lunch Facilities: Partially Subsidize
∎ Salary Review: Yearly
∎ Festival Bonus: 2
∎ E/L
∎ Service Benefits
∎ E/L
∎ Service Benefits

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Dhaka

Read Before Apply: You can also email your CV to talent.quest@mbmdhaka.com, mentioning "Application for the Position of Assistant Manager – Finance & Accounts " in the subject line.

Company Information:
∎ MBM Group
∎ Corporate Office: H: 1358, Rd: 09, Avenue: 11, Mirpur DOHS, Dhaka.
∎ MBM Group
40 years of Excellence
With 40 years of knowledge and experience in the readymade garments industry, we offer advantages and efficiencies to our clients. Over the years we have earned the reputation of producing the best quality garments for our customers, in a timely manner from our word class compliant facilities.
Official Linkedin Profile: https://www.linkedin.com/in/mbm-group-5a7a39226


Address::
∎ Corporate Office: H: 1358, Rd: 09, Avenue: 11, Mirpur DOHS, Dhaka.
∎ MBM Group40 years of ExcellenceWith 40 years of knowledge and experience in the readymade garments industry, we offer advantages and efficiencies to our clients. Over the years we have earned the reputation of producing the best quality garments for our customers, in a timely manner from our word class compliant facilities.Official Linkedin Profile: https://www.linkedin.com/in/mbm-group-5a7a39226

Application Deadline: 23 Apr 2025

Category: Accounting/Finance