Company: infinigent consulting Ltd.
(We are Hiring Manager Finance for one of our key clients)

Location: Dhaka

Job Type: Full-Time

 

JOB PURPOSE

The Manager, of Finance is responsible for managing banking operations, ensuring accurate financial reporting, and coordinating with internal and external stakeholders to support financial processes. This role ensures compliance with regulatory requirements and contributes to the organization’s financial stability and operational efficiency by managing guarantees, loans, and client invoicing effectively.

PRINCIPLE ACCOUNTABILITIES

EXPECTED END RESULTS

MAJOR ACTIVITIES

Guarantee Management

– Prepare documentation for Bank Guarantees (BG), Performance Guarantees (PG), and Advance Payment Guarantees (APG).
 – Collect BG, PG, and APG from the bank and coordinate their timely submission with the Tender Department.

Commercial

-Prepare and submit required documentation for opening Letters of Credit (LC).

-Coordinate with banks, suppliers, and clients to ensure timely processing of LCs.

-Track and manage LC amendments, payments, and settlements to avoid delays in shipments or transactions.

 

Banking Operations

– Handle communication with banks for loans, guarantees, and account management.
 – Prepare accurate financial reports, including balance sheets and cash flow analysis, for bank requirements, loan applications, and audits.

Loan Documentation

– Collaborate with banks to provide necessary documents for loan applications and renewals.
 – Ensure timely submission of loan documentation, addressing any queries.

Account Management

– Collect and reconcile bank statements and vouchers for financial reporting.
 – Open new bank accounts and ensure compliance with banking regulations.

 Bank Reconciliation

-Reconcile bank statements against the general ledger to ensure accuracy and compliance.

Sales Invoice Preparation

– Gather all necessary documents and prepare accurate sales invoices based on contract terms.
 – Submit invoices to clients in a timely manner.

Cash Flow and Bank Reconciliation

– Prepare cash flow statements and bank reconciliations.
– Manage petty cash, cash books, and other cash-related tasks.

AIT Certificate Collection

– Correspond with clients to collect Advance Income Tax (AIT) certificates promptly.

 

 MAJOR CHALLENGES

  • Managing multiple banking transactions and guarantee documentation under strict deadlines.
  • Ensuring compliance with banking regulations and accurate reporting.
  • Coordinating between banks and internal departments to streamline financial operations.
  • Timely preparation and submission of accurate sales invoices while addressing client queries.
  • Develop and oversee financial strategies, budgeting, and analysis to drive profitability and support commercial decision-making

 

KEY DECISIONS

  • Approving and submitting financial documentation for bank loans and guarantees.
  • Managing bank account operations to ensure compliance and efficiency.
  • Addressing discrepancies in invoices and ensuring resolution.

 

SKILLS AND KNOWLEDGE

Educational Qualifications:

  • BBA/MBA in Finance.
  • ACA / Partly qualified CA preferred.

 

Relevant Experience:

  • 10–12 years of experience in financial management and banking operations.

 

Personal Behaviors and Technical Competencies:

  • Problem-solving and Decision-Making.
  • Attention to Detail.
  • Strong Communication and Coordination Skills.
  • Compliance and Regulatory Knowledge.
  • Financial Data Analysis and Reporting.
  • Time Management and Adaptability.
  • ERP and Financial Software Proficiency (like Odoo).

 

Application Deadline – 1st December, 2024

Please mention “Manager Finance” in the subject line of your email.

Email address: recruitment@infinigentconsulting.com

 

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