Chief Financial Officer

Job Description

Title: Chief Financial Officer

Company Name: Peoples Leasing and Financial Services Limited

Vacancy: --

Location: Dhaka

Experience:
∎ 8 to 10 years

Published: 4 Dec 2024

Education:
∎ The candidate must be Chartered Accountant (CA) or Cost Management Accountant (CMA) or Certified Financial Analyst (CFA) along with Post Graduate Degree in Accounting, Finance, Banking or Economics.

Requirements:

Additional Requirements:
∎ 8-10 years experience in the relevant field with at least 5 (Five) years as a CFO/Deputy CFO in any NBFI/Bank. The candidate should have thorough knowledge of budgeting, financial planning and preparation of financial statements of NBFI/Banks including Tax & VAT Laws.
∎ 8-10 years experience in the relevant field with at least 5 (Five) years as a CFO/Deputy CFO in any NBFI/Bank. The candidate should have thorough knowledge of budgeting, financial planning and preparation of financial statements of NBFI/Banks including Tax & VAT Laws.

Responsibilities & Context:
∎ To establish a powerful and effective financial discipline and strengthen the accounting capacity of the institution.
∎ Implementing the systems, policy & procedures relating to Financial Management, Accounting, Budget & Planning and improving the quality of Operation;
∎ Preparation and supervision of Periodical statement of affairs on time maintaining quality and standards and in compliance with all rules and regulations of Bangladesh Bank (BB) and Bangladesh Securities & Exchange Commission (BSEC) as well as International Financial Reporting Standards (IFRSs)/International Accounting Standards (IASs)/BAS;
∎ Carrying Basel implementation activities, maintaining capital adequacy requirements and dealing with CAMELS issues of the institution in line with regulatory guidelines, Supervising Stress Testing Activities & Reporting;
∎ Handling the issues of External audit, Internal audit, Bangladesh Bank audit, Commercial audit and other investigations related to accounts, tax, VAT etc. of the institutions;
∎ Maintaining close liaison with BB, SEC, DSE, CSE, NBR, MoF, RJSC, external auditors and other authorities, as required;
∎ Tax Management- Corporate Tax, Withholding Tax, Payroll Tax and VAT in accordance with applicable laws prevailing in Bangladesh:
∎ To calculate the approximate fund to be injected/needed along with a proper planning and time frame to reach a break even situation from the present financial situation of the company;
∎ Unquestioned commitment to integrity and ethical decision-making.
∎ Candidate should submit a write up on the topic “ What should be done or role to be taken by the CFO for overall betterment or turnaround of the existing situation of People’s Leasing”
∎ Any other work/responsibility as and when assigned by the Management of the Bank.
∎ People’s Leasing and Financial Services Limited (PLFS) is a publicly listed Non Banking Financial Institution (NBFI) is looking for a Chief Financial Officer (CFO). Competent Bangladeshi Nationals having following qualifications, experiences and competencies may apply for the position:
∎ Terms of Reference (ToR)/ Responsibilities:
∎ To establish a powerful and effective financial discipline and strengthen the accounting capacity of the institution.
∎ Implementing the systems, policy & procedures relating to Financial Management, Accounting, Budget & Planning and improving the quality of Operation;
∎ Preparation and supervision of Periodical statement of affairs on time maintaining quality and standards and in compliance with all rules and regulations of Bangladesh Bank (BB) and Bangladesh Securities & Exchange Commission (BSEC) as well as International Financial Reporting Standards (IFRSs)/International Accounting Standards (IASs)/BAS;
∎ Carrying Basel implementation activities, maintaining capital adequacy requirements and dealing with CAMELS issues of the institution in line with regulatory guidelines, Supervising Stress Testing Activities & Reporting;
∎ Handling the issues of External audit, Internal audit, Bangladesh Bank audit, Commercial audit and other investigations related to accounts, tax, VAT etc. of the institutions;
∎ Maintaining close liaison with BB, SEC, DSE, CSE, NBR, MoF, RJSC, external auditors and other authorities, as required;
∎ Tax Management- Corporate Tax, Withholding Tax, Payroll Tax and VAT in accordance with applicable laws prevailing in Bangladesh:
∎ To calculate the approximate fund to be injected/needed along with a proper planning and time frame to reach a break even situation from the present financial situation of the company;
∎ Unquestioned commitment to integrity and ethical decision-making.
∎ Candidate should submit a write up on the topic “ What should be done or role to be taken by the CFO for overall betterment or turnaround of the existing situation of People’s Leasing”
∎ Any other work/responsibility as and when assigned by the Management of the Bank.

Compensation & Other Benefits:
∎ Remuneration: Attractive & Negotiable

Employment Status: Full Time

Job Location: Dhaka

Read Before Apply:

Application with Detailed CV, photograph, Copies of Certificates and write up on desired topic to be submitted to HRD, People's Leasing And Financial Services Limited, Paramount Heights (12th Floor), 65/2/1, Box Culvert Road, Purana Paltan, Dhaka-1000 or at career@plfsbd.com