ROLE PROFILE
JOB TITLE : Group Head of Finance
REPORTS TO : Chairman & Group CEO
FUNCTION : Financial Management
LOCATION : Corporate Office, Pandughar Limited, Dhaka

(Pandughar is a group parent company of Dan Foods Limited (DanCake), Dhaka Ice Cream Industries Limited (Polar Ice Cream), Orbit Technologies Limited, Route To Market Limited and other concerns)

PURPOSE STATEMENT:
The Group Head of Finance will be responsible for corporate finance, financial reporting, financial policies and performance management functions of the Group, and key task will include:

  • Group financial and management accounting
  • Financial reporting, statutory compliance, and financial policies, governess and controls
  • Treasury and financing
  • Audit
  • Group tax strategy
  • Investor relations

The Group Head of Finance will also play an active and important role in overseeing the plans and performance of the Company and its subsidiary/associate companies and will be closely involved with the Group Chairman & Chief Executive Officer in formulating and evaluating strategic and structural scenarios and initiatives.

KEY RESPONSIBILITIES & ACCOUNTABILITIES:

  • Provide precious finance management, and enhance finance / business awareness throughout the Company and its subsidiary/associate companies.
  • Compile the monthly accounts of all SBUs and present the consolidated financial reports in the Pandughar Strategic Business Meeting on regular basis
  • Manage the preparation of short and long term fiscal plans, including the provisions of financial forecasts, models and analyses.
  • Manage banking relationships so that company has access to required funds at most competitive rates and terms
  • Arrange and monitor the short & long term Bank Loans for different projects and/ SBUs and maintain liaison with Bank & other financial institutions for smooth operation of fund management
  • Ensure that all VAT records and returns are maintained properly and submitted to the respective authority on time
  • Monitor the Tax & VAT related matters and maintain liaison with Tax & VAT authorities for settlement of related issues and also ensure compliance with laws. Act as an adviser of management in taking decision on financial matter
  • Direct the maintenance of accurate and detailed accounts for all aspects of the business to meet relevant statutory and corporate accounting requirements and assist in the effective management and planning of the business.
  • Ensure internal control procedures are an appropriate balance between efficiency and control and ensure that the risk management process within the business is robust, up to date and has sufficient ownership at senior levels throughout the organization
  • Provide leadership in developing systems and process to ensure evaluation of both short and long-term strategic financial objectives and the policies for the groups.
  • Review and oversee the monthly reports including reconciliations with banks as well as financial statements and cash flow to guide SBU Heads/ Business Heads.
  • Review and oversee the management and coordination of all fiscal reporting activities for the group including revenue/expense and balance sheet reports with vertical and horizontal analysis.
  • Develop and maintain systems and process for internal controls to safeguard assets of the organization,
  • Provide timely management report with advice on the financial implications of business activities.
  • Manage processes for financial forecasting, budgets, budget variance, consolidation and reporting to the Board of Directors of the Company
  • Guide and support SBUs in accounting and financial management as and when required especially involve in preparation of financial and other financial related policies
  • Ensure adequate working capital management, cash flow to meet the group's needs and guide for short term and long term tax planning for Group as well as SBUs.
  • Monitor, review and coordination with regulatory authority such as JSC, NBR, Tax, VAT and BOI etc to support and guide SBUs as and when required
  • Arrange to conduct internal audit of all SBUs on quarterly basis and report with findings and recommendations
  • Closely liaison with the Chairman to execute financial decisions across the Pandughar family companies
  • Perform the duties & responsibilities to a high professional and ethical standard and perform any other tasks assigned by the management

JOB DIMENSION

  • 3-4 direct repots
  • 4-5 indirect reports

WORKING RELATIONSHIPS
Internal

  • Chairman & Group CEO /MD
  • COOs/ Business Heads of other Associates /Sister concerns
  • Head/In-Charge/Line Manager of F&A

External

  • Govt. & Other Regulatory Bodies including JSC , BOI , NBR, TAX & VAT Authority
  • Bank & Other Financial Institutes, External Auditors

ADDITIONAL INFORMATION

Minimum Qualifications:

  • Graduation/Post graduation  in Accounting or Finance from any leading university with FCA/ FCMA
  • 10+ years in progressively responsible financial leadership roles, preferably group of companies
  • Mixed working exposure including FMCG with extensive operational knowledge in TAX and VAT
  • Good understanding of trends, challenges, opportunities, regulations and legislations relating to the manufacturing industry
  • Ability to anticipate and interpret complex financial information and related data, and clearly communicate the findings to top management to enhance shareholder value.
  • Anticipating and responding to macroeconomic changes that affect the business
  • Working with Government bodies to optimize excise system which generates “win-win” situations
  • Understand the objectives, strengths and weaknesses of the major competitors.
  • Communicate successfully with our key business partners that they support our business strategy.
  • Access to hard currency to ensure Pandughar Companies can pay suppliers payment(including group dividends, relationship fees etc.)

Personal Attributes:

  • Presentable with a decent personality
  • Strong interpersonal skills, ability to communicate and manage well at all levels of the organization and with COOs and functional managers at different locations.
  • Strong problem solving and creative skills and the ability to exercise sound judgment and make decisions based on accurate and timely analyses.
  • High level of integrity and dependability with a strong sense of urgency
  • Results-oriented.
  • Very good family background

Age: Should be bellow 50

Salary Range: Negotiable

Other Benefits: As per policy of the Company

Or send your CV to: habib@pandughar.com

Application Deadline: April 27, 2014