K&A Logistics Limited (Bangladesh)
K&A Logistics, a joint venture between Advantis and the Karnaphuli Group, is your preferred service provider for streamlined logistics solutions in Bangladesh. We offer a comprehensive array of services tailored to meet your logistical needs efficiently and cost-effectively. From seamless transportation management to optimised supply chain solutions, we specialise in empowering businesses to thrive in the dynamic landscape of Bangladesh’s logistics industry.
1. JOB ACCOUNTABILITIES
• Ensure timely provision of accurate management information (regular and ad-hoc) by capturing and recording all revenue and expenditure items by regularly monitoring to assist in management decision making.
• Prepare the annual budgets and the annual strategic plan for the organization based on information received by co- ordinating with other departments such as the Business Development Unit (BDU), respective operational clusters and other support functions and presenting same as per agreed formats to the management of the organization and the Advantis Board of Directors.
• Ensure the agreed objectives for the finance department in the annual strategic plan are achieved by the department by periodical assessments carried out by monitoring and reviewing to support the achieving of the overall strategic plan set for the entire organization.
• Facilitate the auditing function (regular internal audits/annual audit) by coordinating with the respective parties by providing necessary documents and information to ensure a true and fair view of accounts is presented thereby safeguarding the interests of stakeholders.
• Ensure effective planning of all tax obligations is done by timely and accurate planning of statutory due to the relevant authorities and effecting necessary payments on time to avoid penalties and to comply with the regulatory requirements.
• To develop and manage the team by providing regular feedback and guidance on individual performance by assessing their training needs and providing applicable training to ensure employee motivation and career development and thereby increasing the quality of departmental staff performance.
• Ensure adherence to group credit policy by regularly monitoring debt collections, granting and extending of credit facilities, evaluating credit worthiness of customers, to avoid any financial losses and to improve the cashflow of the company.
• Negotiate & obtain preferential arrangements with banks and financial institutions as well as other 3rd party service providers, by being aware of general market conditions with the objective of reducing costs and controlling expenses.
• Maintain an effective treasury management system by regularly monitoring debts and ensuring timely collections and planned settlement of liabilities with the objective of improving the working capital condition of the organization.
• Ensuring safety of assets is maintained by obtaining relevant insurance policies and enforcing necessary procedures to minimize risk which could lead to possible financial losses to the organization.
• Represent the company at all finance and other forums by providing specialist knowledge, to assist in decision making to safeguard the interests of the company.
• To develop, implement, maintain and make appropriate improvements to current systems procedures and internal controls of the company to ensure no loopholes exist for malpractices.
• To support and facilitate continuous improvement to achieve company’s quality objectives by contributing feedback and necessary improvements as and when required.
• Ensure to have the necessary contingency measures needed to be implemented in case of an unplanned event in place and to review them periodically by timely updates.
2. MINIMUM KNOWLEDGE/ EXPERIENCE / TRAINING / QUALIFICATIONS REQUIRED FOR POSITION
• Associate member of CIMA/ ACA/ ACCA with 5 years post qualifying experience in related business.
• Knowledge and experience of Microsoft office packages and ERP applications.
• Sound knowledge of IFRS/IAS and Bangladesh Financial Reporting Standards (BFRS).
• Familiarity with tax regulations, corporate compliance, and cross-border financial management.