Head of Finance & Accounts

Job Description

Title: Head of Finance & Accounts

Company Name: Bit Body

Vacancy: 01

Job Location: Anywhere in Bangladesh

Employment Status: Full-time

Educational Requirements:
∎ Master of Business Administration (MBA) in Finance & Banking, Master of Commerce (MCom) in Accounting, Master of Commerce (MCom) in Finance
∎ CA qualified, ACA, ACCA,
∎ Preferred Professional Certification: ACA,ACCA,ACMA

Experience Requirements:
∎ At least 10 year(s)
∎ The applicants should have experience in the following area(s): Finance & Bank Operation
∎ The applicants should have experience in the following business area(s): Garments

Job Context:
∎ Bit Body Bangladesh Limited (BBBL) is a subsidiary of Bit Body, Inc., USA. We manufacture custom made clothing for our clients globally under our own brand MTailor (www.MTailor.com). Some of our products include dress shirts, suits, jeans, khakis and tees.
∎ BBBL is looking for a Head of Finance & Accounts with proven work experience as Head/Deputy Head of Finance & Accounts or similar role. This person will report to BD CEO and US Team, supervise all financial & Accounting related tasks of our company and ensure we use capital and resources beneficially.

Job Responsibilities:
∎ Financial Controls - Financial controls include reconciliations, dividing the responsibilities and following the GAAP standards of accounting principles, all of which are implemented with view toward compliance, fraud and theft prevention.
∎ Payroll - Payroll is a critical function of the accounting department and includes making sure all employees are paid accurately and timely. In addition, proper tax is assessed and tax payments are on time with Government Treasury
∎ Accounts Payable (money out) - In order to maintain great relationships with vendors making sure that everyone gets paid on time is a vital role.
∎ Reporting and Financial Statements - The primary reason you collect data properly in the accounting software is to prepare financial reports that can be used for budgeting, forecasting and other decision making processes.
∎ Develop secure procedures to maintain confidential information
∎ Prepare monthly budgets and monitor the same
∎ Allocate resources and manage cash flows
∎ Receive and process petty cash cash payments, manage petty cash fund and handle disbursement
∎ Upload all petty cash transactions in our accounting software and attach relevant invoice/receipt in the system
∎ Categorize all transactions in our accounting software so that the financial reports reflect correct position
∎ Upload all invoices of vendors and other suppliers on a weekly basis in our accounting software
∎ Ensure all accounting activities and internal audits comply with financial regulations
∎ Quarterly FDI reporting to Bangladesh Bank (Central Bank)
∎ Ensure all program initiatives align with the company's core values and culture
∎ Coordinate with external Auditors to prepare final accounts after audit for submission of tax returns

Additional Requirements:
∎ Age at least 35 years
∎ Proven work experience as a Head of Finance & Accounts or similar role
∎ In-depth understanding of cash flow management, bank reconciliation and bookkeeping
∎ Hands-on experience with budgeting and risk management
∎ Excellent knowledge of data analysis and forecasting models
∎ Proficiency in accounting software
∎ Solid analytical and decision-making skills
∎ A Master's degree holder preferably an MBA (Major in Finance) or M.Com (CA qualified,
∎ ACA) from a recognized university/institution
∎ At least 10 years of working experience preferably in a manufacturing set-up
∎ Budget focused mindset
∎ Excellent communication skills in Bangla and English both written and speaking
∎ Must be Tech Savvy with great skills in spreadsheet

Compensation & Other Benefits:
∎ Mobile bill
∎ Salary Review: Yearly
∎ Lunch Facilities: Partially Subsidize
∎ Festival Bonus: 2
∎ Pick & Drop facility

Application Deadline: July 12, 2019

Company Information:
∎ Bit Body
∎ Address : Sattar Bhaban (2nd Floor), Bogabari Bazar, Alia Madrasa, Ashulia, Savar, Dhaka
∎ Web : www.mtailor.com
∎ Business : Bit Body Bangladesh Limited (BBBL) is a subsidiary of Bit Body, Inc., USA. We manufacture custom made clothing for our clients globally under our own brand MTailor (www.MTailor.com). Some of our products include dress shirts, suits, jeans, Tees and khakis.

We measure you with the MTailor mobile app using the camera on your phone; we invented the proprietary technology that makes the app work and also control the manufacturing. Our user-friendly app enables customers to custom-design their clothing, with a range of options to suit someone`s personal style. Each piece is a unique size and style, made on-demand but retaining extremely high quality control.

Category: Accounting/Finance

Source: bdjobs.com

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