Panna Group

We are seeking a highly competent finance professional to lead the organization's accounting, financial reporting, budgeting, compliance, treasury, and ERP functions while ensuring sound financial management and regulatory compliance. Financial Accounting & Reporting Oversee monthly, quarterly, and annual financial closing activities within established timelines. Prepare accurate financial statements in compliance with IFRS/IAS, Bangladesh Accounting Standards, and applicable regulatory requirements. Maintain the General Ledger, Chart of Accounts, and ensure the accuracy of accounting records. Review journal entries, account reconciliations, and closing schedules before finalization. Prepare management accounts, MIS reports, financial dashboards, and other analytical reports for management. Coordinate internal and external audit activities and facilitate timely audit completion. Ensure the accuracy, completeness, and integrity of all financial records and reports. Budgeting & Financial Planning Develop annual operating budgets in collaboration with relevant departments. Monitor budget utilization and evaluate departmental spending against approved budgets. Conduct budget variance analysis and recommend corrective actions where necessary. Prepare financial forecasts, rolling budgets, and long-term financial projections. Support management with financial planning, strategic initiatives, and business decision-making. Treasury & Cash Management Monitor daily cash flow, liquidity, and overall fund availability. Prepare periodic cash flow forecasts to support financial planning. Maintain strong relationships with banks and financial institutions. Manage Letters of Credit (LC), bank guarantees, loan documentation, and financing arrangements. Optimize working capital and ensure efficient utilization of organizational funds. Dealer & Distribution Finance Monitor dealer credit limits and financial exposure. Review dealer receivables, outstanding balances, and collection status. Reconcile dealer accounts and resolve financial discrepancies. Verify dealer commission, incentive, and rebate calculations. Monitor dealer security deposits and related financial records. Provide financial support to Sales and Commercial teams regarding dealer-related transactions. Tax & VAT Compliance Ensure full compliance with Bangladesh's Income Tax, VAT, Supplementary Duty (SD), and other statutory regulations. Prepare and submit VAT returns, corporate income tax returns, and other mandatory tax reports. Ensure accurate deduction, payment, and reporting of withholding taxes. Coordinate tax assessments, audits, and regulatory inspections. Maintain effective communication with the National Board of Revenue (NBR) and external tax advisors. Accounts Payable & Receivable Accounts Payable Review supplier invoices and supporting documents for accuracy. Ensure timely processing of vendor payments. Perform supplier account reconciliations and monitor outstanding payables. Accounts Receivable Monitor customer collections and outstanding receivables. Review aging reports and follow up on overdue payments. Ensure accurate reconciliation of customer accounts. Fixed Asset Management Maintain an up-to-date Fixed Asset Register. Verify asset capitalization and maintain proper accounting records. Calculate depreciation in accordance with applicable accounting standards. Coordinate periodic physical verification of organizational assets. Ensure proper accounting treatment for asset transfers, disposals, and write-offs. Payroll & Employee Benefits Review payroll processing to ensure accuracy and timely salary disbursement. Verify statutory deductions and compliance with payroll regulations. Monitor accounting related to employee benefits, including Provident Fund, Gratuity, Leave Encashment, and other employee benefit schemes. Internal Control & Compliance Strengthen internal control systems and financial governance practices. Develop, implement, and update Finance Standard Operating Procedures (SOPs). Coordinate internal audit activities and ensure timely implementation of audit recommendations. Ensure compliance with company policies, financial controls, and regulatory requirements. ERP & Finance System Management Ensure effective implementation and utilization of ERP-based finance and accounting modules. Coordinate ERP enhancements to improve financial processes and reporting. Maintain the accuracy of financial master data within the ERP system. Promote automation of financial reporting and strengthen data integrity. Financial Analysis & Management Reporting Prepare monthly financial and management reports for senior leadership. Analyze financial performance, profitability, trends, and operational efficiency. Monitor key financial indicators and recommend improvement strategies. Support Board meetings and management presentations with accurate financial insights and analysis. Team Leadership Lead, supervise, and mentor the Accounts & Finance team to achieve departmental objectives. Establish performance goals, KPIs, and development plans for team members. Conduct regular performance evaluations and provide coaching for continuous improvement. Promote operational excellence through process optimization, collaboration, and professional development.