Sarker MD. Rezoan Hoque, CFA

Experience

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  IDLC Finance Limited

  Jan 2009 - Mar 2010

  Assistant Manager, IDLC Investment Ltd.

  Job responsibilities: • Assisting in the investment planning and fund management of IDLC Investment Ltd. and playing a significant role in the investment transactions• Performing industry and market research by analyzing financial and operational data of companies from different business sectors• Prescribing both short term and long term investment proposal based on risk, return and other related factors• Resolving share price through financial models to facilitate decision making for both primary and secondary market • Proactively seeking new investment opportunities for private sector clients and analyzing their strengths and weaknesses to anticipate near and long term investment performance• Publishing Weekly Market Review and Analytical Equity Research Papers required for investmentCOMPLETED PAPERS TO BE PUBLISHED• Manufacturing Sector: A Study on the Cement Sector of Bangladesh and Equity Analysis Paper on Heidelbergcement Bangladesh Limited• Banking Sector: Determination of the Reasons behind the Low Share Price or Low P/E Ratio of Private Commercial Banks and Their Valuation• Energy Sector: Equity Analysis Paper on Summit Power Limited and Its Valuation• Banking Sector: Equity Analysis Paper on AB Bank Limited and Its Valuation• NBFI: Equity Analysis Paper on Prime Finance and Investment Limited and Its Valuation• NBFI: Equity Analysis Paper on LankaBangla Finance Limited and Its Valuation• Insurance Sector: Equity Analysis Paper on National Life Insurance Company Limited and Its Valuation• Manufacturing Sector: Equity Analysis Paper on Singer Bangladesh Limited and Its Valuation Show less

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  Institute of Business Administration, University of Dhaka

  Nov 2009 - Jun 2012

  Guest Faculty

  1. Taking the courses of both BBA and MBA in IBA, University of Dhaka2. Taking Workshops/ Seminars on different Financial Aspects of Corporate World in American International University, Bangladesh (AIUB) and Independent University, Bangladesh (IUB)

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  Standard Chartered Bank

  Mar 2010 - Aug 2011

  Assistant Manager, Policy and Risk Management

  Job responsibilities: • Formulating and communicating Policies for Credit Risk Mitigation and Portfolio Management corresponding to the Market and Macro-economic environment• Assisting in the preparation of budget vs. actual variance reports, budget expenditure interpretation for budget holders and preparation of necessary documentation• Playing significant role in the due diligence and processing of loan transactions of SCB which includes loan approval, disbursement, waivers and other client requests• Developing banking products as per Group Policy and Local Compliance practices• Working in association with SME team to support different business sectors such as Manufacturing, Consumer Services, Energy, ICT and other subsectors• Supervising portfolio health through delinquency management, cost control and minimizing net credit losses based on specialized sector knowledge• Project Work: Acting as a member to change the Base Software System of SCB and replace it with a new one, also giving training to the concerned employees in this regard Show less

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  Robi Axiata Limited

  Aug 2011 - Sept 2017

  Job responsibilities: • Executing finance and corporate audits by driving overall risk management, assessing company’s control excellence and recommending changes required within the Company• Performing risk and control assessment of audit subject by engaging auditee, communicating audit objectives and concerns raised by Management and covering key business risks • Ensuring that audit team executes audit assignment objectively, with highest integrity and audit objectives and scope are adequately covered and then recommending accordingly• Organizing and facilitating Enterprise Risk Management (ERM) Control Self-Assessment workshops to enhance proper risk management and corporate compliance by the Axiata Group• Recommending audit subjects for annual business plan based on risk and controls assessment performed and strategic information gathered during the execution of audit engagements• Preparing audit reports in a precise and concise manner and highlighting major issues/ process improvement opportunities and recommending beneficial changes• Managing and providing support to the division’s information technology requirements and recommending new software and tools necessary for the enhancement of audit planning/execution Show less Job responsibilities:• One of the key members of Strategic Planning Team to put significant effort to ensure Company’s target profitability through cost efficiency, budget control and resource optimization• Working closely with Top Management and other divisions (Market Operations, Technology and Human Resources) for strategy formulation and Long Range Plan (LRP) development • Actualizing budget files including the balance sheet, analyzing the monthly financials, preparing Management Report and developing new financial models for different business projects• Analyzing financial viability of all Operating Expense for the company with appropriate business case considering the opportunity cost and economic profit• Coordinating the Opex plan throughout the planning cycle starting from business plan, budgeting, quarterly operating plan, Management approval and post implementation review• Acting as shadow Financial Controller to support the implementation of the business strategy of the Company and providing regular report to Division leads and Senior Management • Assisting Management in the formulation of its overall strategic direction, developing and managing financial models and carrying out business modelling and risk assessments • Preparing financial management reports as and when required and analyzing financial performance by divisions complying with financial control framework• Assisting in preparing monthly, quarterly, annual, and ad hoc financial reporting/ closure exercises, ensuring that fund balances are reconciled and kept at manageable level Show less Job responsibilities: • Formulating company-specific Risk Framework in line with company operations, local market environment and Group guideline and building a comprehensive risk awareness culture• Guiding the cross functional team to ensure the organization-wide Risk Register is updated in compliance with the Risk Management Policies & Procedures and update the Risk register• Reviewing the prevailing financial risks by conducting necessary feasibility analysis and identifying potential Risk/Revenue loss areas, working with the team for ensuring possible solutions for risk mitigation/fraud management and revenue maximizations• Developing and maintaining internal processes & guidelines to ensure business continuity as per the established Corporate Governance Framework• Preparing Company-wide policies for Robi, i.e., Robi Corporate Policy, Limit of Authority (LOA), Treasury Policy, Advance Policy and Procedure, Fixed Asset Policy and other frameworks • Analyzing new and revised policies, procedures and processes issued by Robi Management which affect the overall accounting and financial reporting systems of the Company• Collecting, monitoring and reporting of all Finance and related Group KPIs• In connection with area of accounting responsibility, consulting with host country officials to explain Axiata Group fiscal procedures and requirements affecting host country activities• Assisting in the communication with Axiata Berhad Group to receive grants and ensuring the essential documentation, donor compliance, monitoring and reporting• Training in-country financial management staffs in required accounting systems, policies and procedures of the Company Show less

  • Manager, Finance and Corporate Audit, Internal Audit Division

    Jun 2017 - Sept 2017

  • Manager, Strategic Planning and Business Partnering, Finance Division

    Jan 2013 - Jun 2017

  • Manager, Finance Compliance and Process Improvement (FCIPI), Finance Division

    Aug 2011 - Dec 2012
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  Rangs Group

  Sept 2017 - Aug 2018

  Divisional Head of Finance, Finance and Accounts at Rancon Holdings Limited

  This key Management Position plays a leadership role by providing management with accurate and timely financial information and analyses, identifying opportunities to streamline processes and improve business performance. The position provides leads to the finance team for strategic initiatives and operates as a co-pilot for the CEO and Directors. Beside strategic enhancement and initiatives for overall business growth, the position also required to develop, manages, controls and monitors the financial impact of strategic such initiatives. Divisional Portfolio consists of following companies:• Suzuki Bangladesh (Rancon Motorbikes Limited - Authorized Manufacturer of Suzuki Bikes)• Rancon Accessories Limited and Race Global Limited (Motorbikes and Accessories)• Answer Communications Limited (Creative Agency)• Car Company Limited (Reconditioned Car Business)Job Responsibilities: • Overseeing financial impacts throughout all strategic business initiatives – planning, budgeting, and executional oversight• Ensuring cross-functional alignment of goals and execution, and help teams drive strategic partnerships• Managing and driving the completion of business metrics and analytics to support the strategic initiatives• Partnering closely with company leadership team and management• Identifying and implementing process improvements for timely aggregation and impact reporting through performance metrics and dashboards• Working with multiple stakeholders to devise Key Performance Metrics (KPIs), constructing a flexible business model, and creating reporting tools to measure value created from the initiatives• Financial reconciliation and analysis of business case vs latest estimates vs actual results• Identifying operational business weaknesses and helping to improve new internal processes to keep the team as efficient as possible• Coordinating deliverables and acting as an ambassador across teams to effectively streamline the strategic vision for execution Show less

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  Rancon Developments Ltd.

  Aug 2018 - Oct 2019

  Head Of Finance

  • Job responsibilities: • Overseeing the complete Finance and Accounting Works of operations of the Company and proper implementation of finance as per policy, accounting standard and law of the country• Taking full ownership of monthly Management Reports/ Financial Dashboards as well as yearly Financial Statements and its presentation, ensuring reports submission to Board of Directors• Participating in key decisions as member of the Management Team, maintaining in-depth relations with all Management members and reviewing all financials before issued to MD/ CEO• Checking all kinds of financial transaction administering ERP system as well as overseeing the maintenance of credit and debit vouchers, cash books, laser of accounts, bill processing etc. and monitoring all annual VAT, TAX & AIT related issues• Maintaining coordination with internal and external auditors, replying to audit reports and taking necessary measures to ensure that audited statements are timely complete and issued• Maintaining proper banking relations to achieve best fund position for business growth and implementing cash forecast strategy to smoothly manage the cash management throughout the year• Formulating annual budget and monthly variance reports, supporting budget and forecasting activities of the group, scheduling expenditures and initiating corrective actions as required• Ensuring the maintenance of a reliable internal financial control system and reporting risk issues so that all accounting standards and practices, legal and regulatory requirements are met• Added Responsibility: Overseeing Sales, Marketing, Admin and HR of the Company as additional duty Show less

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  University of Liberal Arts Bangladesh

  Feb 2019 - now

  Adjunct Faculty Member

  1. Taking the finance courses of MBA 2. Initiated the course Financial Information Analysis (FIA) in ULAB

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  USAID

  Oct 2019 - now

  Chief Accountant

  The position is the supervisor of the Accounting and Payment Section at USAID/Bangladesh. In addition, the position serves as the expert on financial management policies and procedures and provides financial advice to Host Government, US Embassy officers, bi-lateral donors, international organizations, local organizations, as well as the Mission DirectorJob responsibilities:• Providing leadership in managing and directing the accounting and payments operations in support of all program and operating expense activities for USAID/Bangladesh• Leading the formulation of appropriate budgets for program support & operating expenses accounts, providing advice on annual budget submission, justification for annual budget request and funding levels• Managing the Agency automated accounting system which include tracking monitoring fiscal and accounting transactions, providing certification of funds availability, budgetary and funds control administration, reviewing all journal vouchers for accuracy• Providing clearance to Development Objective (DO) funding such as Limited Scope Grant Agreement, Strategic Objective Agreement, Development Objective Agreement, Implementation Letter, Interagency Agreement, Contract, Grant, and Lease to ensure compliance with USAID regulations and procedures• Resolving payments-related issues by liaising with counterparts in USAID/Washington, US Embassy & others and reconciliation of fund balances with US Treasury, US Disbursing Offices, and local banks• Providing uniform guidance on the application of professional accounting principles, theories, and practices for financial operations activities to directly support the Controller in financial management of all funds• Interacting directly with Mission personnel at all levels, including high level host govt. officials, Asia Bureau, local banks and other Missions in providing financial information related to accounting and budgeting operations for USAID programs Show less