Job Summary
Published On : Jun 17, 2026
No. of Vacancies : 01
Job Type :
Full Time
Job Level :
Experience : At least 10 year
Age : 35 to 45 years
Location : Dhaka
Salary Range:
Negotiable
Application Deadline : Jul 13, 2026
Head of Finance
ACE Developers Limited
No. of Vacancies
01
Job Description / Responsibility
- 1. Financial Strategy & Business Partnering
- Own the full P&L, balance sheet, and cash flow position across all active and pipeline projects
- Serve as the primary financial advisor to the CEO and MD on capital allocation, project viability, and investment decisions
- Develop and maintain the Company`s annual and multi-year financial plan aligned to the strategic roadmap
- Provide scenario analysis and stress-testing to support Board-level and MD-level decisions
- 2. Project Finance & Real Estate Financial Modelling
- Lead project-level financial modelling — GDV analysis, IRR, NPV, DCF, and NAV computations for all developments
- Oversee cost budgeting, BOQ cost validation, IPC (Interim Payment Certificate) review and approval workflows
- Monitor construction cost-to-complete versus budget and flag deviations with corrective actions
- Track land acquisition costs, financing costs, and CapEx deployment across the project portfolio
- Maintain the Master Cash Flow model with actuals, forecasts, and rolling 12-month visibility
- 3. Financial Planning & Analysis (FP&A)
- Lead the annual budgeting and quarterly reforecast cycles across all business units and cost centers
- Prepare monthly management accounts with project-level variance reporting (Budget vs. Actual vs. Forecast)
- Develop and maintain a management dashboard covering RAG-status KPIs, collection efficiency, working capital metrics, and margin performance
- Conduct COGS and overhead analysis to drive cost efficiencies and improve project margins
- 4. Sales Collections & Working Capital Management
- Oversee the sales collection cycle — booking advance, instalment tracking, demand notices, and handover collections
- Drive working capital optimization across receivables, payables, and contractor payment schedules
- Monitor project-level collection shortfall risks and propose mitigation through payment scheduling or financing
- Maintain an up-to-date Cost Centre Summary by project, tracking Dr/Cr positions and net exposure
- 5. Treasury, Banking & Financing
- Manage relationships with scheduled banks, NBFIs, and financial institutions for project financing and working capital facilities
- Lead structuring of project loans, mortgage facilities for buyers, and overdraft lines in collaboration with the Management
- Oversee loan covenant compliance, drawdown schedules, and repayment planning
- Optimise cash deployment across projects to maximise capital efficiency and minimise idle liquidity
- 6. Statutory Compliance & Regulatory Affairs
- Ensure full compliance with Bangladesh income tax, VAT/Mushak, and company law obligations under the Companies Act 1994
- Oversee RJSC filings, NBR submissions, and annual statutory returns
- Manage the external audit process and maintain clean audit outcomes across all entities
- Maintain compliance with RAJUK and relevant real estate regulatory obligations that carry financial implications
- Ensure compliance with the Real Estate Development & Management Act 2010 on financial disclosures and client fund management
- 7. Investor Relations & Shareholder Reporting
- Prepare shareholder reporting packs including NAV-based company valuation, portfolio performance, and project status updates
- Support the CEO in NRB and HNI investor presentations with data-driven financial narratives
- Maintain investor-grade documentation including financial projections, sensitivity analyses, and returns modelling
- 8. Systems, Controls & Team Leadership
- Build, lead, and mentor the finance team — establishing a high-performance, accountability-driven function
- Design and implement financial controls, approval workflows, and an internal audit framework
- Drive ERP/accounting system implementation and improvement (Tally, SAP, or equivalent)
- Establish SOPs for accounts payable, accounts receivable, payroll, and cost centre reporting
Educational Requirements
- Masters
- CA / CPA / CMA / ACCA / CFA (or equivalent)
Experience Requirements
- At least 10 years
- The applicants should have experience in the following business area(s): Building & Construction Materials, Development Agency, Real Estate, Group of Companies
Additional Job Requirements
- Age 35 to 45 years
- Experience & Qualifications
- Minimum 10 years of progressive finance experience, with at least 3 years in a senior leadership role.
- Strong preference for candidates with direct experience in real estate development, property investment, or construction finance in Bangladesh
- Professional qualification required: CA, CPA, CMA, ACCA, CFA, or equivalent (CA/ACCA/CFA strongly preferred)
- Demonstrable experience in real estate financial modelling - GDV, IRR, DCF, NAV - is a significant differentiator
- Prior experience managing relationships with Bangladeshi scheduled banks and financial institutions
- Hands-on experience with Bangladesh tax (NBR), VAT/Mushak regulations, and RJSC compliance is mandatory
- Technical Skills
- Advanced financial modelling - Excel-based project finance models, scenario analysis, and sensitivity tables
- Proficiency in accounting software (Tally ERP, SAP Business One, or equivalent)
- Strong understanding of cost accounting, project cost control, and BOQ/IPC mechanics
- Working knowledge of IFRS and Bangladesh Financial Reporting Standards (BFRS)
- Leadership & Interpersonal
- Board-level communication skills — ability to translate complex financials into clear, executive-level narratives
- Strong stakeholder management: MD, CEO, investors, bankers, auditors, and regulatory bodies
- High integrity, detail orientation, and zero-tolerance for financial irregularity
- Ability to work in a fast-paced, project-driven environment with multiple concurrent development workstreams
- Entrepreneurial mindset with a bias for building systems and structures from the ground up
Location
Dhaka
Salary Range
Negotiable
Other Benefits
T/A,Mobile bill
Salary Review: Yearly
Lunch Facilities: Full Subsidize
Festival Bonus: 2
Job Source
Bdjobs.com.bd Online Job Posting
Application Deadline : Jul 13, 2026
Company Information
Company Name:
ACE Developers Limited
Address: HOUSE: 16, LEVEL: 6, BLOCK-A, BASHUNDHARA R/A, Dhaka.
Web:
https://www.acedevelopers.com.bd/
Business: ACE Developers Ltd. is a Dhaka-based real estate development company delivering residential and commercial projects under a Complete Community philosophy - building spaces that serve every stage of life. ACE serves a growing base of end-users, investors, and Non-Resident Bangladeshis across Dhaka's most sought-after locations. ACE is currently in an active phase of strategic transformation - professionalizing its operations, deepening its financial governance, and scaling its project pipeline. The Head of Finance will be a foundational hire in this journey.
