Job Summary
Published On : May 17, 2025
No. of Vacancies : 01
Job Type :
Full Time
Job Level :
Experience : At least 12 years
Age : at least 35 years
Location : Dhaka (GULSHAN 2)
Salary Range:
Negotiable
Application Deadline : Jun 7, 2025
GM/DGM (Accounts & Finance) - Head Office
Israq Spinning Mills Ltd.
No. of Vacancies
01
Job Description / Responsibility
- 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.
Educational Requirements
- 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.
Experience Requirements
- At least 12 years
- The applicants should have experience in the following business area(s):
- Textile, Spinning
Additional Job 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)
Location
Dhaka (GULSHAN 2)
Salary Range
Negotiable
Other Benefits
Mobile bill
Lunch Facilities: Partially Subsidize
Festival Bonus: 2
Salary: Negotiable (based on experience and qualifications)
Job Source
Bdjobs.com.bd Online Job Posting
Application Deadline : Jun 7, 2025
Company Information
Company Name:
Israq Spinning Mills Ltd.
Address: Sylvania apartment , H # Ka-6/A, Nodda (Near Nodda Bus stand), Kalachandpur Road, Gulshan, Dhaka-1212
