GM/DGM (Accounts & Finance) - Head Office

Job Description

Title: GM/DGM (Accounts & Finance) - Head Office

Company Name: Israq Spinning Mills Ltd.

Vacancy: 1

Age: at least 35 years

Location: Dhaka (GULSHAN 2)

Minimum Salary: Negotiable

Experience:
∎ At least 12 years
∎ The applicants should have experience in the following business area(s):Textile, Spinning

Published: 11 May 2025

Education:
∎ Master of Business Administration (MBA) in Accounting, Master of Commerce (MCom) in Accounting
∎ MBA/M.Com in Accounting/Finance from any reputed University.
∎ CA (CC)/CMA (partly qualified) will be considered as an added advantage.

Requirements:

Additional Requirements:
∎ Age at least 35 years
∎ Skills Required: Adequate Experience in Accounting Software., Business Communication, Buyer Handling, Effective communication and interpersonal skills
∎ Strong leadership and team management skills.
∎ Advanced knowledge of accounting software (ERP).
∎ Deep understanding of financial regulations, tax, VAT, and compliance.
∎ Effective communication and analytical abilities.
∎ High integrity and professionalism.
∎ Proficient in MS Office, especially Excel.
∎ Ability to work under pressure and meet tight deadlines.
∎ Have to visit in Factory weekly or as instruction by the management.
∎ The applicants should have experience in the following area(s): Export Import Loan Management, Finance/ Accounts, Financial Reporting, International Banking, Tax (VAT/ Customs Duty/ Income Tax)

Responsibilities & Context:
∎ Lead the preparation and in-depth analysis of monthly, quarterly, and annual financial statements; ensure timely submission to top management.
∎ Oversee daily, weekly, and monthly reconciliation of all bank accounts and cash books to ensure financial accuracy and compliance.
∎ Formulate, implement, and regularly update financial policies, protocols, and Standard Operating Procedures (SOPs) in alignment with company goals.
∎ Supervise and guide the Accounts & Finance team to ensure efficient, error-free day-to-day operations.
∎ Monitor financial performance through ERP systems; generate analytical reports to support strategic decision-making.
∎ Serve as a key liaison with top management regarding financial decisions, adjustments, and strategic planning.
∎ Prepare comprehensive financial and management reports to support departmental and organizational needs.
∎ Ensure accurate and timely management of accounts receivable and payable through ERP systems.
∎ Coordinate with factory and production units to collect and verify accounting and operational data.
∎ Oversee payroll activities including preparation, verification, and finalization of salary, wages, and full & final settlements.
∎ Review and ensure timely execution of month-end closings, financial schedules, payments, and receipts.
∎ Support annual budgeting, long-term financial planning, and forecasting processes.
∎ Establish performance goals for finance team members and monitor progress to ensure continuous professional development.
∎ Maintain buyer/party-wise ledgers, ensure accurate reconciliation, and address discrepancies proactively.
∎ Possess strong command over international banking and trade finance, including document handling and compliance.
∎ Manage end-to-end export/import operations including Master L/C, BTB L/C, shipment tracking, and realization.
∎ Ensure compliance with all statutory regulations related to VAT, Income Tax, Customs, and other relevant bodies.
∎ Provide leadership in audit preparation, financial reporting, and budgetary control; coordinate internal and external audits.
∎ Supervise monthly TDS and VDS calculations for subcontractor/vendor payments and ensure timely submission of regulatory reports.
∎ Prepare and maintain export-related documentation, including MIS on bill submission, realization, and outstanding records.
∎ Act as a coordination point with Commercial, Marketing, Merchandising, Purchase, and Store departments to ensure operational integration.
∎ Strengthen internal control systems across all financial functions; recommend and implement improvements where required.
∎ Maintain organized, accessible records of all finance-related documents, vouchers, and banking correspondences.
∎ Manage various financial instruments including EDF, short-term loans, GAP finance, OD, LATR, Term Loans, OBU, LIBOR, SOFR, UPASS, and PARIPASSU facilities.
∎ Ensure accounting software (ERP) is properly used and data integrity is maintained.
∎ Perform any other financial or strategic tasks as assigned by the Management.
∎ Job Responsibilities
∎ Lead the preparation and in-depth analysis of monthly, quarterly, and annual financial statements; ensure timely submission to top management.
∎ Oversee daily, weekly, and monthly reconciliation of all bank accounts and cash books to ensure financial accuracy and compliance.
∎ Formulate, implement, and regularly update financial policies, protocols, and Standard Operating Procedures (SOPs) in alignment with company goals.
∎ Supervise and guide the Accounts & Finance team to ensure efficient, error-free day-to-day operations.
∎ Monitor financial performance through ERP systems; generate analytical reports to support strategic decision-making.
∎ Serve as a key liaison with top management regarding financial decisions, adjustments, and strategic planning.
∎ Prepare comprehensive financial and management reports to support departmental and organizational needs.
∎ Ensure accurate and timely management of accounts receivable and payable through ERP systems.
∎ Coordinate with factory and production units to collect and verify accounting and operational data.
∎ Oversee payroll activities including preparation, verification, and finalization of salary, wages, and full & final settlements.
∎ Review and ensure timely execution of month-end closings, financial schedules, payments, and receipts.
∎ Support annual budgeting, long-term financial planning, and forecasting processes.
∎ Establish performance goals for finance team members and monitor progress to ensure continuous professional development.
∎ Maintain buyer/party-wise ledgers, ensure accurate reconciliation, and address discrepancies proactively.
∎ Possess strong command over international banking and trade finance, including document handling and compliance.
∎ Manage end-to-end export/import operations including Master L/C, BTB L/C, shipment tracking, and realization.
∎ Ensure compliance with all statutory regulations related to VAT, Income Tax, Customs, and other relevant bodies.
∎ Provide leadership in audit preparation, financial reporting, and budgetary control; coordinate internal and external audits.
∎ Supervise monthly TDS and VDS calculations for subcontractor/vendor payments and ensure timely submission of regulatory reports.
∎ Prepare and maintain export-related documentation, including MIS on bill submission, realization, and outstanding records.
∎ Act as a coordination point with Commercial, Marketing, Merchandising, Purchase, and Store departments to ensure operational integration.
∎ Strengthen internal control systems across all financial functions; recommend and implement improvements where required.
∎ Maintain organized, accessible records of all finance-related documents, vouchers, and banking correspondences.
∎ Manage various financial instruments including EDF, short-term loans, GAP finance, OD, LATR, Term Loans, OBU, LIBOR, SOFR, UPASS, and PARIPASSU facilities.
∎ Ensure accounting software (ERP) is properly used and data integrity is maintained.
∎ Perform any other financial or strategic tasks as assigned by the Management.

Compensation & Other Benefits:
∎ Mobile bill
∎ Lunch Facilities: Partially Subsidize
∎ Festival Bonus: 2
∎ Salary: Negotiable (based on experience and qualifications)

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Dhaka (GULSHAN 2)

Company Information:
∎ Israq Spinning Mills Ltd.
∎ Sylvania apartment , H # Ka-6/A, Nodda (Near Nodda Bus stand), Kalachandpur Road, Gulshan, Dhaka-1212

Address::
∎ Sylvania apartment , H # Ka-6/A, Nodda (Near Nodda Bus stand), Kalachandpur Road, Gulshan, Dhaka-1212

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

Application Deadline: 7 Jun 2025

Category: Accounting/Finance