Job Responsibilities
A.Corporate Planning & Systems:
Involved in corporate planning during organizational restructuring at all levels
Involved in formulation of various systems, policies, procedures, commensurate with the need of the company
Involved in Financial projections of collaborations / joint ventures envisaged.
B.Finance:
Budgeting, Forecasting, Cost & Credit Control, Margin Analysis, Costing & Profitability Analysis and Management Reporting
Preparation and submission of applications to Financial Institutions for financial assistance in form of Term Loans, Short Term Deposits and timely follow up for necessary sanctions, documentations and disbursements
Procurement of Foreign Exchange Loans under different lines of credit and arranging guarantees from Financial Institutions for foreign currency loans in favor of foreign lenders
Surplus Fund Management in terms of placement of inter-corporate deposits to Corporate
C. Banking and Working Capital:
Preparation and appraisal of working capital proposal
Fixing up arrangements of working capital
Bill Discounting and L/C backed Bill discounting at competitive interest rates
Arranging Letters of Credit and Bank Guarantee
Arranging Supplier’s Credit and Buyer’s Credit
Placement of commercial papers
Liaising with Senior Officials of Banks, Financial Institutions, Finance Companies, Mutual Funds, etc.
D. Accounts & Audit:
Finalization of accounts, divisional & branch accounting
Attending statutory auditors, internal auditors
Stores/ Materials accounting
Tax audit details preparation
Computerized accounting
Debtors’ management and credit control
Accounting Standards and their implementation
Insurance Portfolio
E. Vat & Taxation:
Oversee Personal taxation – employees
Oversee Filing of returns and attending tax authorities for assessments and appeals
Look after monthly and yearly return submission, hearing and assessment finalization VAT & TAX authority
Monitor deduction of Tax at source and deposit them to the government treasure on time.
Oversee and coordinate the Accounts, Internal Audit department on preparation of Accounts Reports considering Tax & VAT.
Oversee Tax & VAT audit reports and handle professional Tax & VAT authorities individually. Monitor and analyses accounting data and produce financial reports or statements.
Responsible for efficient operation of Tax & VAT related accounting activities of the Organization.
Advising on Tax & VAT planning (within current legislation to enable them to minimize the Tax liability).
F. MIS, Budgeting & Costing:
Costing – product and process
Budget preparation and Budgetary controls
Employment Status
Full-time
Workplace
Work at office
Educational Requirements
Master of Business Administration (MBA) in Accounting
ACA/FCA with Masters/ MBA (Accounting/Finance) from any public/reputed private Universities with good academic record will get preferable.
Skills Required: Finance & Bank Operation, Portfolio Management, Product Costing and budgeting
Experience Requirements
At least 10 year(s)
The applicants should have experience in the following area(s):
Budgeting, Cost control, Credit Control And Recovery, Forecasting, Margin Analysis, Profitability Analysis
The applicants should have experience in the following business area(s):
Cement Industry, Group of Companies, LPG Gas/Cylinder Gas, Manufacturing (FMCG), Packaging Industry, Plastic/ Polymer Industry, Real Estate, Shipping, Shipyard, Shopping mall
Additional Requirements
Age 35 to 48 years
Both males and females are allowed to apply
Candidate must be experienced with arranging Project Finance for various projects as well as Expansions.
Knowledge of innovative Financing Structures and Funding Mechanisms will serve as an added advantage for the applicant.
Analytical and decision-making ability, Communication and Interpersonal skill., Computer skill, Management, Tally ERP 9
Partly completed CA/ICMA/ACCA/CMA is preferable.
Email
Send your CV to career@madina.co
Application Deadline : 31 Oct 2022