Md. Patwary

Accounts & Finance Manager

Ascent • Full time

Jun 2010 - Present • 16 yrs 1 mo

Ascent Group, Bangladesh • Managed the Accounts & Finance Department, ensuring accurate financial reporting and compliance across multiple business units. • Prepared monthly, quarterly, and annual financial statements, including Profit & Loss Statements, Balance Sheets, Cash Flow Statements, and management reports. • Led budgeting, financial forecasting, variance analysis, and cost control initiatives to improve profitability and operational efficiency. • Supervised general ledger maintenance, accounts payable, accounts receivable, payroll processing, fixed asset accounting, and inventory accounting. • Managed cash flow, treasury operations, and working capital to maintain healthy liquidity and support business growth. • Ensured compliance with IFRS, Bangladesh Financial Reporting Standards (BFRS), Bangladesh Accounting Standards (BAS), tax laws, VAT regulations, and company policies. • Coordinated statutory audits, internal audits, and tax assessments by liaising with external auditors, regulatory authorities, and financial institutions. • Prepared and submitted corporate tax returns, VAT returns, withholding tax reports, and other statutory financial reports within prescribed deadlines. • Strengthened internal controls, developed financial policies, and implemented standard operating procedures to improve financial governance and minimize risk. • Monitored budgets and departmental expenditures, providing financial insights and recommendations to senior management for strategic decision-making. • Led, trained, and mentored the accounts and finance team, fostering a culture of accuracy, accountability, and continuous improvement. • Collaborated with cross-functional departments to streamline financial processes and enhance operational performance. • Supported ERP and accounting software implementation, process automation, and digital transformation initiatives to improve reporting efficiency.