Israq Spinning Mills Ltd.
| Vacancy |
|---|
| 1 |
| Job Context |
| Job Responsibilities |
| * 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. |
| Employment Status |
| Full Time |
| 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) |
| Workplace |
| Work at office |
| Job Location |
| Dhaka (GULSHAN 2) |
| Salary |
| Negotiable |
| Compensation & other benefits |
| Mobile bill |
| Job Source |
| bdjobs.com |
| Job Details |
| Click |
Category: Accounting/Finance
Posted on: 2025-05-11
Vacancy: 1
Job Nature: Full Time
Age: 35 years
Experience: 12 year(s)
Job Location: Dhaka (GULSHAN 2)
Salary: Negotiable
Application Deadline: 2025-06-07
A sister concern of SMT
