Md Nazmul Hyder Khan

Experience

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  DRAGON SWEATER BANGLADESH LTD

  Jan 2004 - Jun 2007

  Accounts Executive

  * Assisted in daily bookkeeping tasks, including data entry and ledger maintenance. * Conducted month end closing process such as payroll preparation, bank reconciliation, AR & AP reconciliation, accrued expenses calculation with JV entry, etc. * Prepared financial reports and statements, ensuring accuracy and compliance with company policies. * Supported the team in conducting audits by organizing documentation and performing preliminary analysis. * Collaborated with senior accountants to resolve discrepancies and discrepancies in financial records. * Participated in team meetings to discuss financial performance and contribute to strategic planning. * Utilized accounting software (e.g., Tally, ERP) to record and track financial transactions. Show less

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  Magnum Steel Industries Limited

  Jul 2007 - Feb 2021

  Head Of Finance

  • Financial Modeling, Implementation, Analysis and regular Modification• Company Accounting Structure Creation, Analysis, Development and Controlling• Ensuring smooth disbursement and repayment of term loan and working capital facilities with lenders. Negotiating with current and new lenders for enhancing financial facilities (if needed)• Inventory Management and Controlling• Manufacturing Analysis and Cost Controlling• Managing the entire Finance and Accounts Department along with monthly meeting, workshop, motivation etc.• Company ERP Software Structure Development, Integration, Implementation and Analyzing Effectiveness (Dream Apps)• VAT & Tax Management• Preparing Monthly, Quarterly, Half-yearly and Annual Financial Statements and Management Report (MIS)• Ensuring timely internal and external audit of accounts.• Ensuring timely VAT and Tax return preparation and submission in cooperation with company legal advisors.• Preparing annual budgets in coordination with all Departments. Show less

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  Akij Ispat Limited

  Mar 2021 - now

  Head of Finance

  * Spearheading financial strategy development, overseeing a BDT 20 billion budget and leading a team of 11 accountants, providing training, guidance, and performance evaluations. * Managing financial planning, budgeting, and forecasting processes, aligning financial strategies with organizational goals. * Instrumental in increasing revenue by 100% over 10 years through strategic financial planning and business development initiatives. * Streamlining financial operations, reducing costs by 2.8% through cost control measures, process optimization and resource allocation. * Established strong relationships with banks and financial partners to optimize cash flow, securing 1.5 billion in funding to support company expansion over the last 10 years * Collaborating with the executive team to drive long-term strategic planning, resulting in doubling in market share. * Implemented robust financial reporting systems, providing accurate and timely insights to support data-driven decision-making. * Developed and implemented internal controls, enhancing the accuracy and integrity of financial data. * Collaborating with cross-functional teams to evaluate and prioritize strategic initiatives, driving revenue growth. * Implemented ERP system, improving efficiency in financial processes and reducing reporting time. * Leading the annual audit process ensuring compliance with all financial regulations and standards * Analyzing financial data to provide insights into business performance, supporting strategic decision-making. * Collaborating with sales and marketing teams to develop pricing strategies that maximized profitability. * Developed robust inventory management system through ERP to keep proper track of materials for uninterrupted production. Show less