Career Summary: • Currently serving as Group Chief Executive Officer at Renowned Group of Industries & have 22 years’ experience in operational optimization, financial leadership, strategic planning, loan acquisition, cost reduction, and comprehensive financial management across diverse industries.• Known for orchestrating financial transformations, implementing robust SOPs, and securing substantial loans to drive strategic growth initiatives.• Adept at aligning strategies with organizational objective, leveraging expertise in financial reporting, cost management, strategic planning to drive sustainable growth & operational excellence.Career Objective: To work as a strategic optimizing operations, financial leader, implementing SOPs, and fostering growth strategies.Key Proficiencies: • Operational Optimization• Financial Strategy Development• Strategic Financing & Loan Acquisition• Financial Oversight & Analysis• Team Leadership & Management• Risk Mitigation & Cost Reduction• Financial Reporting & Compliance• ERP Implementation & Automation• Negotiation & Cost-saving Initiatives• Distribution & Supply Chain Optimization• Strategic Planning & Business Growth• Professional Development & Training
Renowned Group Of Industries
-
Group Chief Executive OfficerRenowned Group Of Industries Jul 2023 - PresentDhaka, Bangladesh• Provided strategic leadership and direction to the company, overseeing all operational, financial & administrative function to ensure sustainable growth and profitability.• Collaborated with the board of directors to establish long term goals, developed key partnership and represented the company to stakeholders.• Identify opportunities for growth through new markets, mergers, acquisitions, and partnerships.• Streamline operations across the group to achieve cost efficiency and… Show more • Provided strategic leadership and direction to the company, overseeing all operational, financial & administrative function to ensure sustainable growth and profitability.• Collaborated with the board of directors to establish long term goals, developed key partnership and represented the company to stakeholders.• Identify opportunities for growth through new markets, mergers, acquisitions, and partnerships.• Streamline operations across the group to achieve cost efficiency and productivity.• Set financial targets, approve budgets, and monitor performance across all business units.• Set KPIs for business units and measure performance against benchmarks.• Foster a culture of innovation, accountability, and teamwork throughout the organization.• Enhance the group’s brand equity through strategic positioning and stakeholder engagement.• Lead the integration of innovative digital solutions to enhance operational efficiency and deliver exceptional customer experiences.• Provide timely and accurate reports to the board of directors regarding the group’s financial health and operational progress. Show less
-
Group Head Of Finance & AccountsMunshi Dec 2020 - Jun 2023Dhaka, Bangladesh• Developed Annual Business Plan, yearly Budget, aligning strategies & ensuring financial accountability.• Established SOPs, updated product-wise costing, and managed loan of BDT 520 million for financial stability.• Managed twofold business growth, reduced process losses by 4%, and minimized overstock by 10%.• Produced accurate financial statements, streamlined operations for cost reduction, and negotiated reduced bank rates and L/C charges. -
Head Of Finance & AccountsUttara Group Of Industries Dec 2017 - Dec 2020Dhaka• Orchestrated annual business plans, yearly budgets, and SOP implementation, optimizing operations for enhanced efficiency.• Recouped BDT 25.80 million from various banks, rectifying excessive interest and bank charges.• Secured significant loans totaling BDT 12,500 million, introduced monthly accounts with variance analysis, and refined product costing strategies for improved profitability.• Managed operational activities effectively, overseeing a field force of at least BDT 2.5… Show more • Orchestrated annual business plans, yearly budgets, and SOP implementation, optimizing operations for enhanced efficiency.• Recouped BDT 25.80 million from various banks, rectifying excessive interest and bank charges.• Secured significant loans totaling BDT 12,500 million, introduced monthly accounts with variance analysis, and refined product costing strategies for improved profitability.• Managed operational activities effectively, overseeing a field force of at least BDT 2.5 lac, while aligning targets with Travel and Daily Allowance bills. Show less
-
Senior Manager & Hod (Accounts & Finance)Bengal Group Of Industries, Bangladesh Apr 2013 - Nov 2017Gulshan , Dhaka• Led comprehensive accounts & finance operations for multiple entities, overseeing Romania Food & Beverage Ltd., Linnex Electronics (BD) Ltd., & Linnex Technologies Ltd.• Managed commercial facets for Romania Food & Beverage, handling 40 SKUs across biscuits, beverages, snacks, and confectionery, effectively monitoring a doubling of business volume.• Introduced budgeting, precise product costing, pricing strategies, and profit/loss analysis, resulting in streamlined financial… Show more • Led comprehensive accounts & finance operations for multiple entities, overseeing Romania Food & Beverage Ltd., Linnex Electronics (BD) Ltd., & Linnex Technologies Ltd.• Managed commercial facets for Romania Food & Beverage, handling 40 SKUs across biscuits, beverages, snacks, and confectionery, effectively monitoring a doubling of business volume.• Introduced budgeting, precise product costing, pricing strategies, and profit/loss analysis, resulting in streamlined financial statements generated quarterly, semi-annually, and annually.• Automated product operations, reducing process loss from 12% to 8% and ensuring ERP accuracy.• Achieved a 15% reduction in overtime & optimized inventory through improved forecasting methods.• Implemented cost-saving measures, reduced overstock, and negotiated better terms, lowering bank interest and L/C opening charges.• Led a team in acquiring land worth BDT 10 crore in Hobiganj and orchestrated SOP implementation.• Secured substantial loans with reduced interest rates for key ventures, totalling BDT 115 crore, and strategically shifted to long-term loans to decrease liabilities.• Enhanced distribution efficiency, ensuring 48-hour product delivery, and established 8 new depots, cutting distribution costs by 1.5%.• Implemented in-house manufacturing for Linnex Electronics (25 SKUs) and revamped financial systems for both Linnex Electronics and Linnex Technologies (10 SKUs) for enhanced efficiency.• Negotiated reduced prices for raw materials & packaging supplies, driving substantial cost reductions. Show less -
Manager (Finance & Accounts)Al Amin Group Apr 2004 - Mar 2013Dhaka• Spearheaded the integration of a comprehensive Accounting and Financial Reporting System within ERP software for the FMCG industry, streamlining operations and internal control adherence.• Managed seamless integration of modules (Inventory, Production, Sales, Purchases, Assets, General Ledger) for efficient processes and industry compliance.• Developed & implemented a Costing Module in ERP, aligning practices with organizational guidelines.• Directed the preparation of financial… Show more • Spearheaded the integration of a comprehensive Accounting and Financial Reporting System within ERP software for the FMCG industry, streamlining operations and internal control adherence.• Managed seamless integration of modules (Inventory, Production, Sales, Purchases, Assets, General Ledger) for efficient processes and industry compliance.• Developed & implemented a Costing Module in ERP, aligning practices with organizational guidelines.• Directed the preparation of financial statements, cash flow forecasts, and segmented reports, ensuring compliance with BASs & BFRSs for critical insights in management decision-making.• Managed day-to-day financial transactions including accounts receivable, payable, bookkeeping, and payroll processes with a focus on accuracy and efficiency.• Collaborated on financial policies and strategies, conducting analyses on variance, break-even points, and profitability, facilitating informed decision-making and strategic planning. Show less -
Audit OfficerGlobe Pharmaceuticals Group Apr 2002 - Mar 2004Dhaka• Verify cash book, subsidiary ledgers, loans, salary records, sales collections, outstanding items, and stock registers. Monitor depot, office, and factory stocks, calculate C/C A/C interest.
Md. Saiful Islam Education Details
-
Partial Qualification (900/2,000 Marks) -
Chartered Accountancy Course -
Second Class, Marks :55.2% -
Second Class, Marks :52.4% -
First Division, Marks :72.6% -
Feni Govt. Pilot High SchoolFirst Division, Marks :76.2%
Frequently Asked Questions about Md. Saiful Islam
What company does Md. Saiful Islam work for?
Md. Saiful Islam works for Renowned Group Of Industries
What is Md. Saiful Islam's role at the current company?
Md. Saiful Islam's current role is Group Chief Executive Officer.
What schools did Md. Saiful Islam attend?
Md. Saiful Islam attended Institute Of Cost And Management Accountants Of Bangladesh (Icmab), The Institute Of Chartered Accountants Of Bangladesh (Icab), Jagannath University, Dhaka, Dhaka Commerce College, Dhaka Commerce College, Feni Govt. Pilot High School.
Not the Md. Saiful Islam you were looking for?
-
Md. Saiful Islam
Dhaka -
Md.Saiful Islam
Saiful Tech 🤝 Web Developer Withwordpress, Html & Css+8801707935300Khulna, Bangladesh -
-
Md Saiful Islam
Head Of Technology | Director Of Engineering | Fintech | Digital Payment | Payment Security | Agile Leader | Cal I® | Csm® | Cspo® | A-Csd®Bangladesh -
Md. Saiful Islam
Fvp At Export Finance Dept., International Banking & Export Finance Division, Bank Asia PlcBangladesh2yahoo.com, bankasia-bd.com
Free Chrome Extension
Find emails, phones & company data instantly
Aero Online
Your AI prospecting assistant
Select data to include:
0 records × $0.02 per record
Download 750 million emails and 100 million phone numbers
Access emails and phone numbers of over 750 million business users. Instantly download verified profiles using 20+ filters, including location, job title, company, function, and industry.
Start your free trial