Chief Financial Officer (CFO)

• 12 to 15 years
• The applicants should have experience in the following business area(s): Insurance

• Master’s or Bachelor’s degree in Accounting, Finance, or Business Administration from a recognized public or private university.

Mandatory Professional Qualification: Candidates MUST possess any one of the following recognized professional qualifications:

• Fellow or Associate Member of the Institute of Chartered Accountants of Bangladesh (ICAB); OR

• Fellow or Associate Member of the Institute of Chartered Accountants of England and Wales (ICAEW); OR

• Certified Public Accountant (CPA), USA / Canada; OR

• Fellow or Associate Member of the Association of Chartered Certified Accountants (ACCA), UK; OR

• Fellow or Associate Member of the Institute of Cost and Management Accountants of Bangladesh (ICMAB); OR

• Chartered Financial Analyst (CFA), USA; OR

• Accounting professional qualification degree from an overseas body recognized by ICAB or ICMAB.

• 12 to 15 years
• The applicants should have experience in the following business area(s): Insurance

• Age 40 to 52 years

• Minimum 12–15 years of core experience in financial management/accounting, with at least 3–5 years in a senior leadership role (CFO, Head of Finance, or Deputy CFO) within the financial sector (Insurance, Banks, or NBFIs).

• Direct experience in the Non-Life General Insurance industry will be given high preference.

• Key Competencies: Excellent analytical skills, strategic thinking, expertise in tax/vat/actuarial reporting, strong verbal and written communication in English & Bengali, and proficiency in ERP/financial software systems.

Company Overview: Federal Insurance PLC is a leading non-life general insurance company in Bangladesh dedicated to financial integrity, operational transparency, and corporate governance excellence. We are seeking a highly dynamic, qualified, and experienced professional to take charge as the Chief Financial Officer (CFO) to lead our Financial Administration & Accounts Department at the Head Office.
Key Responsibilities:

• Financial Leadership & Strategy: Lead the financial management, budgeting, forecasting, capital management, and financial strategy of the company in line with corporate goals.

• Financial Oversight & Governance: Supervise daily accounting operations, treasury management, tax planning, and preparation of financial statements ensuring maximum operational efficiency and internal financial control.

• IDRA & Regulatory Compliance: Ensure 100% compliance with financial rules, guidelines, and reporting standards mandated by the Insurance Development and Regulatory Authority (IDRA), BSEC Corporate Governance Code, National Board of Revenue (NBR), Bangladesh Bank, and the Insurance Act, 2010.

• Board & Committee Reporting: Prepare and present statutory financial statements, audit reports, quarterly/annual accounts, and financial performance analyses directly to the Board of Directors, Audit Committee, and Senior Management.

• Audit & Asset Management: Coordinate internal, external, and IDRA audit processes; manage company assets, investment portfolios, and financial risk management frameworks.

• Salary: Negotiable (commensurate with qualifications, rank, and experience).

• Full-time executive privileges per company rules.

• Admissible fringe benefits including Gratuity, Group Life Insurance, Annual Increments, Provident Fund, and Festival Bonuses as per company rules.