Business Graduate from a well-recognized UGC-approved institution preferably major in Finance/ Accounting with a professional degree (FCA Or CA, FCMA or CMA or equivalent) required.
A minimum of 5 years work experience in the relevant field;
Experience in cost control mechanism and fixed asset management;
Sound knowledge on accounting standards IFRSs and IASs;
Knowledge in VAT & Tax rules, Bangladesh Auditing standards, and Bangladesh Bank rules;
Knowledge of insurance policy, claim settlement;
Working knowledge of Oracle ERP (Oracle, SAP) will be an added advantage;
Strong command over Microsoft office package and conceptual understanding of banking/financial software;
Ability to lead a dynamic team independently;
Expert in customer centricity, team player, and keen to develop others.
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 kinds of Bangladesh Bank queries on regular and special audit reports relating to expenses, assets, and insurance;
coordinate internal & external audit teams and provide feedback on their queries and implementation of audit observations;
Participate in negotiation meetings and ensure the company's 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 preparation work for capital expenditure budget;
Provide training and arrange knowledge sharing sessions 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.
BRAC Bank, the pioneer of SME Banking in Bangladesh, delivers a full array of banking services to individuals and business entities. Its financial results, along with the best credit rating from the top-rated global and local agencies and multiple best financial report awards, speak of the bank`s aspiration, transparency, and teamwork towards becoming the best bank in the country.
Currently, BRAC Bank is looking for Head of Payments and Asset Management to join the team.
BRAC Bank Limited
220/B, Tejgaon Gulshan Link Road
Tejgaon, Dhaka 1208
+88 02 8801301-32; 09677551001-31;
+88 02 222298910
24 Hour Call Center: 16221
Interested candidates may apply through the above-mentioned link.
Published on: Tue 08 Mar 2022
Vacancy: Not specific
Preferred Age: Not Specific
Gender: Both males and females are allowed to apply
Job Location: Dhaka, Bangladesh
Employment Type: Full-time
Application Deadline: Sat 12 Mar 2022