Head of Finance
Job Description
Title: Head of Finance
Company Name: Karnaphuli Group
Vacancy: 01
Age: 40 to 45 years
Location: Dhaka
Salary: Negotiable
Experience:
∎ 10 to 15 years
∎ The applicants should have experience in the following business area(s):Trading or Export/Import, Shipping, Logistic/Courier/Air Express Companies, Clearing and Forwarding (C and F) Companies, Group of Companies, Automobile
Published: 8 May 2025
Education:
∎ Master of Business Administration (MBA) in Finance
Requirements:
Additional Requirements:
∎ Age 40 to 45 years
Responsibilities & Context:
∎ Ensure timely provision of accurate management information (regular and ad-hoc) by capturing and recording of all revenue and expenditure items by regularly monitoring the following items namely.
∎ Agreements with the customer containing pricing and other financial bearings·
∎ Accurate details for billing, such as volumes handled, and agreements with suppliers.
∎ Supplier invoices etc. in order to assist in management decision making.
∎ Prepare the annual budgets and the annual strategic plan for the organization based on information received by co- ordinating with other departments such as the Business Development Unit (BDU), respective operational clusters and other support functions and presenting same as per agreed formats to the management of the organization and the Advantis Board of Directors.
∎ Ensure the agreed objectives for the finance department in the annual strategic plan is achieved by the department as a whole by periodical assessments carried out by monitoring and reviewing in order to support the achieving of the overall strategic plan set for the entire organization.
∎ Facilitate the auditing function (regular internal audits/annual audit) by co- ordinating with the respective parties by providing necessary documents and information to ensure true and a fair view of accounts is presented thereby safeguarding the interests of stakeholders.
∎ Ensure effective planning of all tax obligations is done by timely and accurately planning of statutory dues to the relevant authorities and effecting necessary payments on time in order to avoid penalties and to comply with the regulatory requirements.
∎ To develop and manage the team by providing regular feedback and guidance on individual performance by assessing their training needs and providing applicable training in order to ensure employee motivation, career development and thereby increase the quality of departmental staff performance.
∎ Ensure adherence to group credit policy by regularly monitoring of debt collections, granting and extending of credit facilities, evaluating credit worthiness of customers, to avoid any financial losses and to improve the cashflow of the company.
∎ Negotiate & obtain preferential arrangements with banks and financial institutions as well as other 3rd party service providers e.g. preferential borrowing interest rates, favourable credit facilities, by being aware of general market conditions with the objective of reducing costs and controlling expenses.
∎ Maintain an effective treasury management system by regularly monitoring of debts and ensuring timely collections and also planned settlement of liabilities with the objective of improving the working captial condition of the organization.
∎ Ensure safety of assets is maintained by obtaining relevant insurance policies and enforcing necessary procedures to minimize risk which could lead to possible financial losses to the organization.
∎ Represent the company at all finance and other forums by providing specialist knowledge, to assist in the decision making to safeguard the interests of the company.
∎ To develop, implement, maintain and make appropriate improvements to current systems procedures and internal controls of the company to ensure no loopholes exist for malpractices.
∎ To support and facilitate the continuous improvement to achieve company’s quality objectives by contributing feedback and necessary improvements as and when required.
∎ Ensure to have necessary contingency measures needed to be implemented in case of an unplanned event in place and also to review them periodically by timely updates.
Skills & Expertise:
Compensation & Other Benefits:
∎ Mobile bill, Provident fund, Weekly 2 holidays, Tour allowance
∎ Salary Review: Yearly
∎ Festival Bonus: 2
∎ As per company policy.
Workplace:
∎ Work at office
Employment Status: Full Time
Gender:
∎ Only Male
Job Location: Dhaka
Company Information:
∎ Karnaphuli Group
∎ 26/1, HR Bhaban, Kakrail, Dhaka-1000
∎ Established in 1954 and named after a river on whose banks the port city of Chittagong stands, Karnaphuli has with the ebb and flow of the past 65 years evolved and grown into a business house of diversified subsidiaries and activities.
Its growth has been characterized by a single minded and dedicated pursuit of excellence and a professional urge to be the market leader in everything it is involved and engaged in.
Helping to realize the above are independently managed companies manned by a pool of enterprising and progressive managers and executives, backed by strong finances, substantial resources and all the expertise, experience and knowledge you would expect from a business house that has been in existence for the almost six decades.
Not surprisingly perhaps, Karnaphuli holds the unique distinction of being the first company in Bangladesh to achieve ISO 9002 Certification.
Address::
∎ 26/1, HR Bhaban, Kakrail, Dhaka-1000
∎ Established in 1954 and named after a river on whose banks the port city of Chittagong stands, Karnaphuli has with the ebb and flow of the past 65 years evolved and grown into a business house of diversified subsidiaries and activities.Its growth has been characterized by a single minded and dedicated pursuit of excellence and a professional urge to be the market leader in everything it is involved and engaged in.Helping to realize the above are independently managed companies manned by a pool of enterprising and progressive managers and executives, backed by strong finances, substantial resources and all the expertise, experience and knowledge you would expect from a business house that has been in existence for the almost six decades.Not surprisingly perhaps, Karnaphuli holds the unique distinction of being the first company in Bangladesh to achieve ISO 9002 Certification.
Read Before Apply: Please apply only who are fulfilling all the requirements of this job
Application Deadline: 7 Jun 2025
Category: Accounting/Finance
