DBL Group job circular November 2024

Job description

DBL Group Job Circular has recently been published. According to the job circular, they will recruit 1 person in their organization. In this article, we have covered everything about the DBL Group job circular.

Responsibilities

• Support the Divisional CEO and Board of Directors by providing various analytical reports derived from the Group Finance & Accounts and Cost & Budget teams to facilitate proper and timely decision-making.
• Establish and maintain a controlling environment for both operational and financial aspects to ensure adherence to organizational goals and objectives.
• Collaborate closely with the Divisional CEO to manage financial accounting, management accounting, budgeting, and internal controls effectively.
• Prepare and present monthly financial reports, including profit and loss by division and budget versus actual analysis for respective concerns.
• Formulate variance analysis reports for the profit & loss of respective business units to identify areas for improvement and optimization.
• Identify, develop, and execute analyses of business initiatives, product launches, and new service offerings to drive growth and profitability.
• Develop and maintain monthly operating budgets and annual company operating budgets aligned with the company's growth and expansion plans.
• Assess and evaluate the financial performance of the organization concerning long-term operational goals, budgets, and forecasts.
• Participate in weekly conference calls with lenders, vendors, and the executive leadership team to ensure effective communication and alignment with organizational objectives.
• Implement and report on proper controlling systems for both financial and operational activities to enhance efficiency and transparency.
• Enhance and implement financial and accounting systems, processes, tools, and control systems to streamline operations and mitigate risks.
• Manage cash flow and follow up on cash forecasts to ensure adequate liquidity for operational needs.
• Implement timely internal controls and proper finance workflow to maintain accuracy and integrity in financial reporting.
• Monitor and control accounts payable, accounts receivable, production, and administrative expenses to optimize resource utilization.
• Ensure the timeliness and accuracy of financial and management reporting data, providing it to reporting lines and business heads.
• Review all month-end closing activities, including general ledger accounts, balance sheet accounts, and overhead cost allocation, to ensure completeness and accuracy.
• Create and establish yearly financial objectives aligned with the company's plan for growth and expansion to drive sustainable performance.
• Maintain accuracy, transparency, and control in financial reporting to meet regulatory requirements and stakeholders' expectations.
• Present periodic reports to the respective authorities and Board of Directors to provide insights into financial performance and strategic initiatives.
• Maintain smooth cash flow of concerned units by managing bank interest, charges, and lender requirements effectively.
• Negotiate and monitor commercial-related expenses and charges to optimize cost efficiency and profitability.
• Monitor inventory levels and assure control over store documentation procedures to prevent discrepancies and losses.
• Control and monitor additional material issues and waste material management to minimize costs and environmental impact.
• Oversee machine deployment and movement to ensure optimal utilization and efficiency.

Education

• Master's degree in Accounting, Finance, or AIS from a reputable university.
• Must be a qualified Chartered Accountant.

Experience

• At least 15 years
• The applicants should have experience in the following business area(s):
• Multinational Companies, Garments, Textile, Buying House, Group of Companies, Packaging Industry, Garments Accessories, Spinning

Skills

• N/A