NASSA GROUP,Senior Officer – Accounts Job Circular 2016

Senior Officer – Accounts

NASSA GROUP

Vacancy
  • 10
Job Description / Responsibility
  • 1. Budgeting:
  • Prepare & Analyze monthly departmental budgeting and accounting reports to maintain expenditure controls.
  • Consult with managers to ensure that budget adjustments are made in accordance with program changes.
  • Match appropriations for specific programs with appropriations for broader programs, including items for emergency funds.
  • Provide advice and technical assistance with cost analysis, fiscal allocation and budget preparation.
  • Summarize budgets and submit recommendations for the approval or disapproval of funds request.
  • Seek new ways to improve efficiency and increase profits.
  • Review operating budgets to analyze trends affecting budget needs.
  • Perform cost-benefits analyses to compare operating programs, review financial request, and explore alternative financing methods.
  • Compile and analyze accounting records and other data to determine the financial resources required to implement a program.
  • Fund budget allocations, expenditures, fund balances and related financial activities for the purpose of ensuring that allocations are accurate, revenues are recorded, expenses are within budget limits and/or fiscal practices are followed.
  • 2. Internal Audit:
  • Responsible for the timely execution of risk-based internal audit in accordance with the annual audit plan, as well as assisting with other audit matters and projects.
  • Conduct risk assessment of assigned department or functional area in established/required timeline.
  • Determine scope of review in conjunction with the Audit Manager
  • Conduct audit testing of specified area and identify reportable issues and dimension of risk
  • Follow the existing internal policies and procedures.
  • Perform and control the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations.
  • Obtain, analyze and evaluate accounting documentation, previous reports, data, flowcharts etc.
  • Prepare and present reports that reflect audit’s results and document process
  • Act as an objective source of independent advice to ensure validity, legality and goal achievement
  • Identify loopholes and recommend risk aversion measures and cost savings
  • Maintain open communication with management and audit committee
  • Engage to continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques and performance standards
  • Visit to different sites to meet relevant staff and obtain documents and information;
  • Well conversant with MS Office & Customized Software
  • Providing ad hoc report to managers and staff at all levels, sometimes by delivering courses and training sessions;
  • Continuous audit the operational work.
  • 3. Treasury Management:
  • Forecast cash flow positions, related borrowing needs, and available funds for investment.
  • Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements.
  • Use hedging to mitigate financial risks related to the interest rates on the company’s borrowings, as well as on its foreign exchange positions
  • Prepare & Follow a system of policies and procedures that impose an adequate level of control over treasury activities
  • Establish accounting procedures and policy.
  • Follow existing bank interest / profit service charges etc.
  • Treasury operations and controls.
  • Creating solutions to new financial challenges by applying financial or treasury knowledge;
  • Liaising with other departments, such as tax and accountancy, on a range of issues;
  • Assist on financial matters impacting on the company as a whole;
  • Prepare of Bank reconciliation statement.
  • Prepare present status of bank instruments
  • Prepare present loan status
  • 4. Fixed Asset Management:
  • Follow & Update a system of controls, procedures, and forms for fixed assets register.
  • Follow of updates accounting policies related to fixed assets adopted by Management
  • Maintain & updates tag numbers to fixed assets.
  • Record fixed asset acquisitions and dispositions in the accounting system.
  • Track the compilation of project costs into fixed asset accounts, and close out those accounts once the related projects have been completed.
  • Reconcile the balance of fixed asset with subsidiary ledger & the general ledger.
  • Calculate depreciation for all fixed assets.
  • Conduct periodic impairment reviews for Tangible & intangible assets.
  • Conduct periodic physical inventory counts of fixed assets.
  • Recommend to management whether fixed assets should be disposed off.
  • Conduct analyses related to fixed assets as requested by management.
  • Work closely with the other departments in tracking project costs in comparison to their budgeted projections.
  • Assist in the preparation of budgets.
  • Communicate with co-workers, management and clients in a courteous and professional manner.
  • Reporting for work in a timely manner when scheduled.
  • 5. Regulatory Compliance:
  • Prepare payment & filing withholding taxes
  • Payment of VAT & filing of VAT returns
  • Filing of corporate tax returns
  • Carry out adherence to statutory compliance
  • Prepare and collect of documents related to withholding Tax, VAT & Statutory compliance
  • Prepare the documents for drawback VAT, Tax etc.
  • Prepare the documents for VAT Exemption Certificate
  • Follow up & update the changes of rules & regulation related to Tax, VAT and holding Tax.
  • Prepare all kinds of documents related to companies Affairs.
  • 6. Expenses and Payable:
  • Updating and maintaining records of expenditures
  • Ensure good working relationship with vendors and acknowledge queries
  • Arrange vendor profiles
  • Ensuring that all payments are made in accordance with company policy
  • Ensuring that all payments are sent on time
  • Collect invoice / bill and others documents from suppliers
  • Posting payments to customer accounts
  • Organizing and filing deposit receipts as invoices are paid
  • Preparing reports on delinquent accounts and customer payment profiles
  • Reconciling cash receipts and deposits
  • Analyzing financial records for accuracy
  • Work as a connection between factory and corporate accounts units
  • Obtain and validate invoices for suitable authorization and documentation approval
  • Assist in opening and organizing mails, as well as handling and processing of emails for the accounts payable unit
  • Evaluate all invoices for suitable filing and consent before identifying inconsistencies and errors.
  • Organize the remuneration of staff in form of salary increases, bonuses and promotions from the allotted budget in line with the company’s procedures.
  • Prepare the voucher for payment to vendors through Cash & Bank.
  • Issue Debit & Credit notes to the inter companies.
  • 7. Revenue and Receivable:
  • Prepare the statement of accounts payable and receivable.
  • Monthly revenue intake sheets, spreadsheet files and inter-company reports and communications to investors, partners and stakeholders.
  • Ensure all monthly transactions are accurately recorded, and additionally assist financial analysts in updating revenue tracking sheets and processing royalties.
  • Utilizes computerized accounting software programs (CMS & MS Office) to perform duties and responsibilities.
  • Generates accounting statements and reports.
  • Researches cash receipts, coding and posting of receipts.
  • Prepares daily bank deposit.
  • Research and apply unallocated cash.
  • Oversees client trust accounts, accounts receivable write-offs and payment reversals.
  • Develops automated spreadsheets.
  • Organizes and maintains up to date financial records.
  • Recognition of revenue with support of valid documents
  • Prepare the journal entry with LC & TT
  • Prepare the journal & statement for discounting of LC/ Negotiation of documents / Bill
  • Prepare the journal & statement against cash sales
  • Prepare the statement for LC payment status
  • Prepare the statement of LC documents for Negotiation & discounting
  • 8. Accounts Preparation:
  • Prepare the financial statement with consideration IAS, BAS & IFRS
  • Ensure the timely reporting of all monthly financial information.
  • Assist the Controller in the daily banking requirements.
  • Ensure the accurate and timely processing of positive pay transactions.
  • Ensure the monthly and quarterly Bank Compliance activities are performed in a timely and accurate manner.
  • Collaborates with the other finance department managers to support overall department goals and objectives.
  • Advises staff regarding the handling of non-routine reporting transactions.
  • Work with the Controller to ensure a clean and timely yearend audit.
  • Assist in development and implementation of new procedures and features to enhance the workflow of the department.
  • Support to the Controller with special projects and workflow process improvements.
  • Prepare financial status by monitoring revenue and expenses; coordinating the collection, consolidation, and evaluation of financial data; preparing special reports.
  • Maintains accounting controls by establishing a chart of accounts; defining accounting policies and procedures.
  • Maintains financial security by establishing internal controls.
  • Avoids legal challenges by understanding current and proposed legislation; enforcing accounting regulations; recommending new procedures.
  • Protects organization’s value by keeping information confidential.
  • Accomplishes accounting and organization mission by completing related results as needed.
Job Nature
  • Full-time
Educational Requirements
  • M.Com in Accounting
  • CA CC with good academic qualification from reputed Institutions will get preference.
Experience Requirements
  • 3 to 5 year(s)
  • The applicants should have experience in the following area(s):
    Accounts
  • The applicants should have experience in the following business area(s):
    Garments
Job Requirements
  • Age 27 to 32 year(s)
  • Documentation Skills
  • Analyzing Information
  • Resolving Conflict
Job Location
  • Anywhere in Bangladesh
Salary Range
  • Negotiable
Other Benefits
  • As per company policy.
Job Source
  • Online Job Posting

Category: Garments/Textile

We regret that due to the volume of application, only successful applicant will be contacted.

Applicant must enclose his/her Photograph with CV.

Application Deadline : Dec 13, 2016

Company Information

NASSA GROUP

Address : 238, I/A, Tejgong, Dhaka-1208
Web : www.nassagroup.org
Business : EXPORTER

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