Manager- Commercial (Payment Realization) - Spinning Mill

Job Description

Title: Manager- Commercial (Payment Realization) - Spinning Mill

Company Name: Israq Spinning Mills Ltd.

Vacancy: --

Location: Dhaka (GULSHAN 2)

Minimum Salary: Negotiable

Experience:
∎ 8 to 10 years
∎ The applicants should have experience in the following business area(s):Textile, Spinning

Published: 11 Mar 2025

Education:
∎ Masters
∎ Master’s degree in any discipline from reputed university.

Requirements:

Additional Requirements:
∎ Must have excellent interpersonal and communication skills.
∎ Strong analytical and problem-solving skills.
∎ Honest, dynamic, dedicated and responsible individuals are desired in the company.
∎ Preparing Sales report for management.
∎ Experience in ERP Software will get preference.
∎ Computer Literacy with Good knowledge in MS Excel and Email experience.
∎ Proficiency in English.
∎ Must have excellent interpersonal and communication skills.
∎ Strong analytical and problem-solving skills.
∎ Honest, dynamic, dedicated and responsible individuals are desired in the company.
∎ Preparing Sales report for management.
∎ Experience in ERP Software will get preference.
∎ Computer Literacy with Good knowledge in MS Excel and Email experience.
∎ Proficiency in English.

Responsibilities & Context:
∎ Manage local LC transactions including opening, acceptance, and settlement with banks.
∎ Ensure all LC terms and conditions are met for local suppliers and buyers.
∎ Communicate with banks to resolve LC-related issues and discrepancies.
∎ Manage the acceptance process of financial documents related to local purchases and sales.
∎ Ensure all party acceptance documents are processed on time and in accordance with company policies.
∎ Ensure smooth handling of banking instruments such as demand drafts, payment orders, and bank guarantees.
∎ Liaise with banks for the preparation, modification, and settlement of LCs for local transactions.
∎ Oversee the issuance and verification of Chalan for local product deliveries and returns.
∎ Work closely with suppliers and internal teams to ensure that all commercial processes run efficiently.
∎ Prepare and submit periodic reports on commercial activities, party acceptance, LC status, and transaction records to senior management.
∎ Provide feedback to improve commercial operations and streamline documentation processes.·
∎ Ensure timely preparation and management of all commercial documents related to local transactions.
∎ Handle all necessary documentation including Chalan, invoices, delivery orders, and party acceptance letters.
∎ Verify and maintain records for accuracy and compliance with organizational standards.
∎ Carry out the responsibilities as assigned by the management in time to time.
∎ Job Context
∎ Ahmed Group, a reputed leading figure in the textile industry of Bangladesh is looking for experienced professional for the position of Manager (Commercial) in payment realization section for a spinning mill.
∎ Job Responsibilities
∎ Manage local LC transactions including opening, acceptance, and settlement with banks.
∎ Ensure all LC terms and conditions are met for local suppliers and buyers.
∎ Communicate with banks to resolve LC-related issues and discrepancies.
∎ Manage the acceptance process of financial documents related to local purchases and sales.
∎ Ensure all party acceptance documents are processed on time and in accordance with company policies.
∎ Ensure smooth handling of banking instruments such as demand drafts, payment orders, and bank guarantees.
∎ Liaise with banks for the preparation, modification, and settlement of LCs for local transactions.
∎ Oversee the issuance and verification of Chalan for local product deliveries and returns.
∎ Work closely with suppliers and internal teams to ensure that all commercial processes run efficiently.
∎ Prepare and submit periodic reports on commercial activities, party acceptance, LC status, and transaction records to senior management.
∎ Provide feedback to improve commercial operations and streamline documentation processes.·
∎ Ensure timely preparation and management of all commercial documents related to local transactions.
∎ Handle all necessary documentation including Chalan, invoices, delivery orders, and party acceptance letters.
∎ Verify and maintain records for accuracy and compliance with organizational standards.
∎ Carry out the responsibilities as assigned by the management in time to time.

Compensation & Other Benefits:
∎ Mobile bill, Provident fund
∎ Lunch Facilities: Partially Subsidize
∎ Salary Review: Yearly
∎ Festival Bonus: 2

Workplace:
∎ Work at office

Employment Status: Full Time

Gender:
∎ Only Male

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: 10 Apr 2025

Category: Others

Interested By University

University Percentage (%)
National University 22.01%
University of Dhaka 6.20%
Jagannath University 3.85%
University of Chittagong 1.92%
University of Rajshahi 1.71%
Dhaka College 1.50%
Southeast University 1.50%
Asian University of Bangladesh 1.50%
Govt. Titumir College 1.28%
1.28%

Interested By Age Range

Age Range Percentage (%)
20-30 10.90%
31-35 17.95%
36-40 27.99%
40+ 42.09%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 2.78%
20K-30K 6.41%
30K-40K 7.91%
40K-50K 12.18%
50K+ 70.73%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 2.56%
0.1 - 1 years 1.28%
1.1 - 3 years 5.77%
3.1 - 5 years 6.20%
5+ years 84.19%

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