Finance & Accounting Manager

Job Description

Title: Finance & Accounting Manager

Company Name: LifeSpring Consultancy Limited

Vacancy: 1

Location: Dhaka (PanthaPath)

Salary: Tk. 50000 - 70000 (Monthly)

Experience:
∎ At least 3 years

Published: 25 Jan 2025

Education:
∎ Bachelor of Business Administration (BBA) in Accounting, Bachelor of Business Administration (BBA) in Finance & Banking, Master of Business Administration (MBA)
∎ A Bachelor's degree in finance, accounting, or a related field is required.
∎ A Master’s degree or CPA certification is a strong plus.

Requirements:

Additional Requirements:
∎ 3 – 5 years of experience in financial management, preferably in nonprofit or service-based organizations.
∎ Supervisory experience is a bonus.
∎ Advanced proficiency in Microsoft 365 (Excel, Word, Outlook), with a strong command of Excel.
∎ In-depth knowledge of accounting principles, financial regulations, and compliance standards.
∎ Experience with financial management software (e.g., Sage Intacct, BILL) is essential.
∎ Strong data management, analytical, and forecasting skills.
∎ A keen eye for detail, with a commitment to delivering accurate and reliable financial information.
∎ Excellent communication and interpersonal skills, with the ability to simplify complex financial data for diverse audiences.
∎ Skills and Expertise:

Responsibilities & Context:
∎ Financial Management & Planning: Lead the preparation of annual budgets, cash flow forecasting, and financial strategies to ensure the organization’s financial stability and growth.
∎ Accounting Operations: Oversee all financial transactions, including accounts payable, accounts receivable, payroll, and credit card transactions, ensuring proper recording and compliance with financial policies.
∎ Financial Reporting & Analysis: Prepare and present timely financial reports for internal and external stakeholders. Analyze financial data to identify trends, opportunities, and risks that impact financial performance.
∎ Regulatory Compliance & Tax Management: Ensure compliance with local regulations, accounting standards (GAAP), and tax laws. Supervise the timely filing of all tax returns and manage any audits.
∎ Financial Systems & Controls: Develop, implement, and maintain internal controls, accounting systems, and procedures to streamline processes and ensure data accuracy.
∎ Team Leadership & Development: Manage and provide leadership to the accounting team, ensuring adherence to best practices and fostering a culture of continuous improvement and professional growth.
∎ Strategic Financial Guidance: Provide financial advice and strategic recommendations to senior management to support business decision-making. Collaborate with other departments to align financial goals with organizational objectives.
∎ Budgeting & Forecasting: Support the Director of Finance in developing the annual budget and providing financial forecasting. Ensure financial goals are met by managing and monitoring departmental and project budgets.
∎ Audit & Fiscal Year-End: Oversee the external audit process, ensuring the timely preparation of financial statements and compliance with all regulatory requirements during fiscal year-end close.
∎ Cash Flow & Investment Management: Monitor cash flow, assess financial risks, and implement strategies for managing liquidity and investments.
∎ Vendor & Stakeholder Relationships: Develop and maintain relationships with key vendors, customers, and stakeholders to ensure the company’s financial interests are well-represented.
∎ General Ledger Maintenance: Maintain and reconcile the general ledger to ensure all transactions are recorded accurately.
∎ Accounts Payable & Receivable: Oversee and ensure timely and accurate processing of invoices, payments, and collections. Manage vendor relationships for smooth accounts payable and receivable operations.
∎ Bank Reconciliation: Perform regular bank reconciliations to ensure that all financial records are accurate and up-to-date.
∎ Payroll Processing: Manage payroll processing, ensuring all employee compensation is calculated and distributed accurately and on time.
∎ Financial Statements Preparation: Prepare monthly, quarterly, and annual financial statements, ensuring compliance with accounting principles and regulations.
∎ Tax Management & Compliance: Ensure accurate preparation and timely submission of tax filings, including VAT, income tax, and other statutory requirements.
∎ Cost Allocation: Monitor and allocate costs across various departments and projects, ensuring correct expense tracking and reporting.
∎ Fixed Asset Management: Maintain and reconcile fixed asset registers, ensuring proper depreciation schedules and asset tracking.
∎ Financial Forecasting: Assist in forecasting future financial trends, providing insights into cash flow, capital requirements, and investment strategies.
∎ About Us:
∎ At Queensland Training and Employment Services (QTES), a concern of LifeSpring Consultancy Limited, we are passionate about empowering individuals through tailored training and employment solutions. We serve as a bridge between job seekers and career opportunities, delivering comprehensive training programs and continuous support throughout the job placement journey.
∎ Role Overview:
∎ We’re seeking a driven, results-oriented Finance & Accounting Manager to join our team. This position is key in overseeing the day-to-day financial operations, from managing accounts payable and receivable to preparing accurate financial reports. The ideal candidate will bring a combination of financial expertise, leadership skills, and a commitment to process improvement, driving financial strategy and ensuring that our financial systems remain robust and compliant.
∎ Key Responsibilities:
∎ Financial Management & Planning: Lead the preparation of annual budgets, cash flow forecasting, and financial strategies to ensure the organization’s financial stability and growth.
∎ Accounting Operations: Oversee all financial transactions, including accounts payable, accounts receivable, payroll, and credit card transactions, ensuring proper recording and compliance with financial policies.
∎ Financial Reporting & Analysis: Prepare and present timely financial reports for internal and external stakeholders. Analyze financial data to identify trends, opportunities, and risks that impact financial performance.
∎ Regulatory Compliance & Tax Management: Ensure compliance with local regulations, accounting standards (GAAP), and tax laws. Supervise the timely filing of all tax returns and manage any audits.
∎ Financial Systems & Controls: Develop, implement, and maintain internal controls, accounting systems, and procedures to streamline processes and ensure data accuracy.
∎ Team Leadership & Development: Manage and provide leadership to the accounting team, ensuring adherence to best practices and fostering a culture of continuous improvement and professional growth.
∎ Strategic Financial Guidance: Provide financial advice and strategic recommendations to senior management to support business decision-making. Collaborate with other departments to align financial goals with organizational objectives.
∎ Budgeting & Forecasting: Support the Director of Finance in developing the annual budget and providing financial forecasting. Ensure financial goals are met by managing and monitoring departmental and project budgets.
∎ Audit & Fiscal Year-End: Oversee the external audit process, ensuring the timely preparation of financial statements and compliance with all regulatory requirements during fiscal year-end close.
∎ Cash Flow & Investment Management: Monitor cash flow, assess financial risks, and implement strategies for managing liquidity and investments.
∎ Vendor & Stakeholder Relationships: Develop and maintain relationships with key vendors, customers, and stakeholders to ensure the company’s financial interests are well-represented.
∎ General Ledger Maintenance: Maintain and reconcile the general ledger to ensure all transactions are recorded accurately.
∎ Accounts Payable & Receivable: Oversee and ensure timely and accurate processing of invoices, payments, and collections. Manage vendor relationships for smooth accounts payable and receivable operations.
∎ Bank Reconciliation: Perform regular bank reconciliations to ensure that all financial records are accurate and up-to-date.
∎ Payroll Processing: Manage payroll processing, ensuring all employee compensation is calculated and distributed accurately and on time.
∎ Financial Statements Preparation: Prepare monthly, quarterly, and annual financial statements, ensuring compliance with accounting principles and regulations.
∎ Tax Management & Compliance: Ensure accurate preparation and timely submission of tax filings, including VAT, income tax, and other statutory requirements.
∎ Cost Allocation: Monitor and allocate costs across various departments and projects, ensuring correct expense tracking and reporting.
∎ Fixed Asset Management: Maintain and reconcile fixed asset registers, ensuring proper depreciation schedules and asset tracking.
∎ Financial Forecasting: Assist in forecasting future financial trends, providing insights into cash flow, capital requirements, and investment strategies.

Skills & Expertise:

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Dhaka (PanthaPath)

Company Information:
∎ LifeSpring Consultancy Limited
∎ Level # 6 - Union Heights, 55/2 Panthapath
∎ LifeSpring`s vision is to be the nation’s leading community-based mental & physical health institute dedicated to promote mental health as a pivotal of overall wellness.

Address::
∎ Level # 6 - Union Heights, 55/2 Panthapath
∎ LifeSpring`s vision is to be the nation’s leading community-based mental & physical health institute dedicated to promote mental health as a pivotal of overall wellness.

Read Before Apply: Please apply only who are fulfilling all the requirements of this job

Application Deadline: 30 Jan 2025

Category: Office Secretary/ Regulatory affairs