- Heading the accounts, finance, commercial function in Bangladesh
RESPONSIBILITIES
# Area Expectation :
1 Accounts Ensuring that the accounts are correct & up-to-date in SAP
2 MIS Ensuring preparation & analysis of MIS - periodical & need based. Submission of MIS & analysis to HO as per schedule or as and when needed.
3 Audit Ensuring periodical/ annual audit of accounts as per schedule & VAT audit
4 Statutory Compliance Ensuring 100% statutory compliance Submission of monthly & quarterly compliance checklists & certificates to HO as per schedule.
5 Tax Planning Bangladesh being a high tax jurisdiction, planning tax outgo at the beginning of the year and doing periodic review in consultation with the auditors and HO tax & IMD HO finance team.
6 Costing Putting in place a robust system so that accurate product cost is available on real time basis
Checking/ comparison/ reconciliation of cost data and highlighting wherever deviations are noticed at the earliest possible.
7 Budgeting & Budgetary Control Compilation of budget in jointly with marketing, sales & operations Review of budget with Cluster Head and then with IMD HO - Finance team. Ensuring that the expenses remain within budget.
8 Internal Control Building strong controls & SOPs so that there are no financial losses/ leakages in any process - marketing, sales, distribution, procurement, operations & elsewhere in the organization. Ensuring the SOPs are implemented & adhered to.
9 Legal Matters Keeping track of changes in law Keeping track of/ pursuing legal matters and remaining in constant touch with the lawyers/ consultants, HO legal team & IMD HO finance team
10 Cost Reduction (including localization) Leading the cost reduction exercise, including identifying areas for cost reduction, pursuing achievement against agreed action plan & timelines, sending updates to HO.
11 Treasury & finance Ensuring optimum utilization of funds . Exploring investment/ repatriation of surplus funds . Hedging foreign exchange fluctuation risk
12 Automation/ SAP Ensuring that functionalities currently available on SAP are fully utilized and adhered to. Effort should be made to ensure that more processes are automated for increase efficiency & better control.
13 Commercial Preventing unnecessary of blockage of working capital in inventories & receivables
Pursuing for timely achievement of sales targets
14 Risk Management Anticipating business risks and suggesting mitigation plan Ensuing timely action for risk mitigation and updating IMD HO
15 Business Development Exploring new business/ expansion opportunities
Key Internal Interfaces Key External Interfaces
- Accounts & Finance team in Bangladesh
- All cross functions in Emami Bangladesh Ltd, including factory
- Accounts & finance team at HO - Auditors, consultants, customers, vendors in Bangladesh
- Govt. authorities/ departments, trade associations/ chambers in Bangladesh
JOB REQUIREMENT
Education Experience
- Chartered Accountant Min 15 years of relevant experience in manufacturing industry, preferably FMCG.
DESIRED SKILLS
- Functional Behavioral
- All-round exposure in accounts, finance, taxation, commercial management.
- Knowledge of SAP
- Good in excel
- Proficient in English, Hindi & Bengali languages - oral & written Inclination to work with full ownership
- Go-getter, street smart
- Capable of working under pressure
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