Deputy Director, Accounts

Shanto-Mariam University of Creative Technology
is looking for
Deputy Director, Accounts & Finance

Job Description / Responsibility

Responsibilities:

Financial Statements:

• Engaging in preparation of monthly Financial Statements/Receipts/Payments with the advice from the Director, Accounts & Finance
• Ensuring that all accounting data/transactions are properly recorded in the ERP/IEMS software before preparation of Monthly Financial Statements.
• Preparing and following up daily expenditure statements and complying with the Budget Variance Report.
• Submitting the financial reports accurately and in time.
• Preparing the (actual & forecasted) Capital Expenditure Statement.
• Verifying the compliance of all transactions and their recordings with the financial statutory norms, internal processes, procedures and BAS/IFRS/GAAP.
• Maintaining the accurate and timely processing of the General Ledger reconciliation and journal entries.
• Following the timely preparation of the Bank Reconciliation Statements.
• Performing monthly and quarterly bank compliance activities in an accurate and timely manner.
• Submitting daily Bank Balance status to the Director of Accounts & Finance.
• Following up/checking that all party ledgers are properly maintained.
• Guiding and coaching (as per the advice of the Director, Accounts & Finance), with respect to procedures and skills related to accounting, to the people of the Accounts & Finance Section.

Taxation:

• Preparing the Annual Tax Return through discussion with the Director, Accounts & Finance.
• Submitting the Tax Return within the stipulated time line after getting approval from the Director, Accounts & Finance.
• Liaising with the tax lawyer regarding appeals/tribunals (as per the advice of the Director, Accounts & Finance).
• Liaising with the Tax Circle Office for any queries/file updating/any other issues as assigned by the Director, Accounts & Finance.
• Providing all necessary documents to the tax lawyer/NBR Office after discussion with the Director, Accounts & Finance.
• Ensure depositing the AIT to the Treasury.
• Ensuring depositing the VAT at source to the Government Treasury.
• Ensuring and following up that all TDS and VAT at source are properly deducted according to the Government prescribed rules.

External Audit:

• Ensuring that all expenses are properly verified in a timely manner.
• Ensuring that all business risks and challenges are well managed.
• Ensuring that all daily stock registers are properly checked.
• Liaising with the UGC (if necessary, as per the advice of the Director, Accounts & Finance) in the matters related to submission of the panel of External Auditors and finalization of the Statutory Auditor from the panel.
• Assisting the Director, Accounts & Finance in coordinating with the External Auditor for finalizing the yearly Financial External Audit.
• Preparing and maintaining all Statutory Books and records in a way so that those are readily available for Statutory Audit.
• Coordinating and following up of statutory documents/vouchers for the Annual Audit.

Others:

• Coordinating with the Director, Accounts & Finance for any other tasks assigned by the Management.

Educational Requirements

• Bachelor of Commerce (BCom) in Accounting
• Bachelor of Commerce (BCom) in Finance
• Master of Commerce (MCom) in Accounting
• Master of Commerce (MCom) in Finance
• A Bachelor's & Master's degree in Accounting, Finance, or a related field, often followed by a professional certification such as CA or CMA.
• Professional accounting qualifications, such as Certified Public Accountant (CPA), Chartered Accountant (CA), or ACCA (Association of Chartered Certified Accountants), are highly valued and may be given preference.

Experience Requirements

• At least 10 year(s)
• The applicants should have experience in the following business area(s):
• University

Additional Requirements

• Minimum 10 years of experience in accounts & finance related works of which 5 years as Asst. Director / Equivalence position in a public / private university. Knowledge of computer based accounting & tally software. Knowledge & skills to execute all accounting operations in compliance with regulations of IAS, BAS, GAAP, RJSC etc. authorities.