Experience

Group QA

• Bangladesh
• Retail Apparel and Fashion
• 1 - 100 Employee

• Deputy Manager - Accounts & Finance

  • Jul 2022 - Present

• Assistant Manager - Accounts & Finance

  • Dec 2018 - Jun 2022

  Major Duties and Responsibilities :+ Responsible for preparation & analysis of financial information, statements and reports for Kaniz Garments Limited, Abedin Garments Limited, Kaniz Fashions Limited, Waqfi Knit Fabrics (Pvt.) Limited in accordance with IAS, IFRS and other regulations to CFO and those charged with governance weekly, monthly, quarterly and yearly.+ Preparing financial statements of all 4 concerns of ‘Group QA: Apparel Division’ mentioned above for external audit purpose and assist external auditors during audit period.+ Working with CFO directly in yearly budgeting along with monitoring financial burn rates, liaisingwith other departments, implementing SOP which addressed operational loopholes, and performing internal audits/ reviews in critical areas to eliminate error as well as fraud opportunities which helped to reduce costs, enhance revenues, and improve profits.+ Supervising monthly payroll of approximately 170+ employees in KORMEE Payroll Software.+ Checking & disbursement of all factory expenses, material cost & other related vendor's bills.+ Assisting in daily banking correspondence and calculate interest for required loans & FDRs.+ Completing all works for tax return files in accordance with Income Tax Ordinance 1984 and VAT and SD Act 2012 so that they are being submitted duly.+ Communicating with supplier, bank, freight forwarder, C&F, insurance company etc. for smooth & timely operation.+ Follow up export realization, back-to-back L/C payment & surplus margin transfer to CD accounts.+ Reviewing the cash flow requirement to ensure that there is sufficient fund available to meet operational needs.+ Direct & monitor each types of voucher preparation & finalization of necessary journal entries.+ Identify variances between actual and budgeted financial results at the end of each reporting period and take necessary actions.+ Any other tasks assigned by CFO or directors time to time. Show less



Masih Muhith Haque & Co

• Bangladesh
• Accounting
• 1 - 100 Employee

• Assistant Manager - Audit & Assurance

  • Aug 2018 - Dec 2018

  Major Achievements and Responsibilities : + Assigned for and lead teams to conduct external audit service of "BRAC-TB & Malaria Program funded by Global Fund Project" as per the International Auditing Standards (ISA), other frameworks, and/or other agreed-upon procedures. + Ensured compliance with the Rules and Regulations promulgated for the NGOs, i.e. The Foreign Donations (Voluntary Activities) Regulation Act, 2016; and verified whether the project has been implemented properly as per terms of the project approval through FD-6, FD-7, FD-8, FC-1, etc. + Issued a certificate regarding receipts and expenditures of foreign donations in form FD-4 prescribed by the NGO Affairs Bureau along with Annexure – A/1 attached thereto. + Ensured that the Receipt & Payment Account has been prepared in accordance with the ledger and other books maintained by BRAC. + Ensured proper application of International Financial Reporting Standards (IFRS & IAS) in financial reporting and compliance with Company's internal policies-procedures and external regulatory framework. + Liaised with clients at the highest level & conducted regular follow up meeting with the audit team to ensure the quality of work & reporting and met deadlines. + Checked the adequacy and operating effectiveness of client's internal control, searched loopholes and suggested improvement measures. + Ensured audit documentation as per ISA/APM (Audit Practice Manual). Actively engaged in the accumulation of management issues and findings from fieldwork throughout Bangladesh by junior audit staff in the original report and finally successfully completed audit work within the stipulated time. + Mentored and guided junior audit staffs. Providing feedback on performance of audit team to senior management. + Acting as a first choice point of contact with BRAC and managed project costs, raised fees and agreeing dates for cash collection. Show less



Ontel BD Limited

• Suite – 2a and 2b, 69/1 Chandrashila Suvastu Tower, Panthapath Dhaka – 1205

• Senior Executive - Finance & Accounts

  • Jul 2016 - Jul 2018

  Major Achievements and Responsibilities : + Ensured the timely reporting of all weekly, monthly, quarterly and yearly financial information, statements and reports in accordance with IAS, IFRS and other regulation. + Assisted Head of Accounts in financial monitoring which helped to reduce costs, enhance revenues, improve profits. + Performed all accounting and finance features including bank reconciliations, oversee daily expenditures, prepare all kinds of vouchers, check bills, entry of sales order, delivery note and sales invoice in Tally ERP 9. + Prepared monthly budget for operating expenses and monitored sales and due collection to meet the budget. + Maintained monthly payroll of 50+ employees. + Reduced bad debts by writing off bad debts, setting up bad debt provision and prepared monthly ageing report which reduced credit period from 60 days to 38 days. + Looked into overall part of commercial, fixed asset, logistics & inventory management. + Performed L/C related tasks such as collecting bank advice, insurance cover note, document retirement, LATR process for bank finance etc. + Communicated with suppliers, banks, forwarders, C&F etc. for smooth & timely operation. + Prepared monthly bank and receivables reconciliation statements. + Ensuring compliance with all requirements of CA 1994, ITO 1984, VAT and SD Act 2012, etc. + Daily reporting to superior management. Show less



Masih Muhith Haque & Co

• Bangladesh
• Accounting
• 1 - 100 Employee

• Audit Executive (ICAB Chartered Accountancy - Articleship Program)

  • Jul 2013 - Jun 2016

  Achievements/Responsibilities : + Managed various internal and external audit assignments of numerous clients being a supervisor of the audit team. + Conducted audit in accordance with the Audit Practice Manual & other applicable guidelines (ISAs and/or other agreed upon procedures). + Reviewed previous audits to gain insights into entity-specific processes. + Developed audit programs, working papers, and checked internal audit reports. + Performed tests of control & substantive analytical procedures to assess the operating effectiveness of internal control over financial statements. + Checked proper application of accounting and reporting standards (IFRSs & IASs) and compliance with other applicable laws and regulations. + Worked on obtaining all necessary audit working papers and documentations and preserving facts and findings. + Communicated accounting and auditing matters to client’s senior management and to the managers and partners of our firm as well. + Assessed client’s degree of compliance’s and report non-compliance’s as well as internal control weaknesses, alarmed them the risks and implications and suggested them proper recommendations through management report. Show less