BRAC Bank Limited, the pioneer in SME Banking, delivers a full array of banking services to individuals as well as business entities. Our financial results along with the best credit rating and multiple best financial report awards speak of our aspiration, transparency and teamwork towards the objectives of becoming the best bank in the country. While we thrive in present, we invest simultaneously for the future – upgraded core banking system in Finacle 10, first local bank to roll out Oracle ERP, process alignment with best practices and many more. However, this feat of providing a comprehensive range of solutions to its millions of customers would not be possible without our diversified business model and an unmatched network of 187 branches, 376 ATMs, 96 CDMs, 457 SME unit offices, 9 Regional Operations Offices & 503 Agent Banking outlets.

To support its continuous business growth, BRAC Bank is currently looking for an ambitious, smart, goal-oriented, enthusiastic individual in Head of Payments and Asset Management position under the Finance Division:

Head of Payments and Asset Management

KEY RESPONSIBILITIES:

• Review and approve all type of vendors and staff bill payment execution in ERP & Finacle;
• Monitor payment processing to ensure timeliness and accuracy of payment;
• Review compliance with applicable VAT & Tax rules upon payment processing;
• Ensure timely submission of monthly/Quarterly/Half yearly/yearly reports to Regulatory Reporting team for submission to Bangladesh Bank;
• Ensure timely submission and review of monthly GL reconciliations to Account Reconciliation team;
• Respond to all kind of Bangladesh Bank queries on regular and special audit reports relating to expenses, assets and insurance;
• Coordinate internal & external audit team and provide feedback on their queries and implementation of audit observations;
• Participate in negotiation meeting and ensure companies best interest in that negotiation;
• Review organization’s policy and business processes, identify the risks, suggest for development to mitigate those risks and escalate to a higher official for further actions;
• Monitor & supervise the proper accounting practices as per International Financial Reporting Standards (IFRS) and review the journal entry posting;
• Supervise, lead & motivate the team to work and ensure a good working environment;
• Review and assist on operational budget and capital expenditure budget preparation work;
• Provide training and arrange knowledge sharing session among teammates to ensure technical and professional development of the team;
• Supervise and review monthly accounting of provisions, accruals, depreciation calculation and project status;
• Guide all related stakeholders about the payment procedure, fixed asset policy, insurance policy and all ad-hoc queries;
• Submit on time management reporting, cost analysis and cost optimization process. 

KEY QUALIFICATIONS:

• Business Graduate from a well-recognized institution preferably major in Finance/ Accounting. Candidates with a professional degree (CA, CMA or equivalent) will be given preference;
• 7-8 years of working experience in the relevant field;
• Sound knowledge on accounting standards IFRSs and IASs;
• Sound knowledge in VAT & Tax rules, Bangladesh Auditing standards, and Bangladesh Bank rules;
• Experience in cost control mechanism & fixed asset management;
• Knowledge of insurance policy, claim settlement;
• Working knowledge of Oracle ERP (Oracle, SAP) will be an added advantage;
• Strong command over Microsoft Word, Excel, Access, PowerPoint and conceptual understanding of banking/financial software;
• Strong leadership & motivational skill of people management and to support stakeholder;
• Decision-making skills to run the unit/department independently and resolve complicacy

FEMALE CANDIDATES ARE HIGHLY ENCOURAGED TO APPLY

Only short-listed candidates will be invited for the interview as per the recruitment process.

BRAC Bank reserves the right to accept or reject any application without assigning any reason whatsoever.

If you are interested to be a part of this diversified BRAC Bank family, then please Apply Online.

BRAC Bank does not charge any fee at any stage of the recruitment process.

Application Deadline: June 02, 2021