Mohammad Arafat

Mohammad Arafat Email and Phone Number

Head of Finance & Accounts @ Mitsubishi Motors Bangladesh | Rangs Limited
dhaka, bangladesh
Mohammad Arafat's Location
Dhaka, Bangladesh, Bangladesh
Mohammad Arafat's Contact Details

Mohammad Arafat personal email

About Mohammad Arafat

After accumulating a proven track record of 9 years, I am known as a professional who is extensively hard working and resolves queries in a logical manner independently. Throughout this journey, I was punctual and disciplined and a proven team player. Uninterrupted dedication to responsibilities and strong self-esteem geared me to meet challenges round the clock

Mohammad Arafat's Current Company Details
Mitsubishi Motors Bangladesh | Rangs Limited

Mitsubishi Motors Bangladesh | Rangs Limited

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Head of Finance & Accounts
dhaka, bangladesh
Employees:
53
Mohammad Arafat Work Experience Details
  • Mitsubishi Motors Bangladesh | Rangs Limited
    Head Of Finance And Accounting
    Mitsubishi Motors Bangladesh | Rangs Limited Jan 2023 - Present
    Tejgaon Industrial Area Thana, Dhaka, Bangladesh
    Key responsibilities: I am leading the finance & Accounts team consisting of 7 members. As ateam leader, I am responsible for the following activities –=> Financial Accounting & Costing :  Ensure accurate, complete & timely financial reporting as per applicable laws, whichincludes monthly financial statements and dashboards, annual financial statements(actual, Tax & Vat purpose) and other management reports.  Design and apply financial and management level analysis, assist in the product pricingand MIS to continuously improve excellence.  Planning and execution of the Tax & VAT management system with a properunderstanding of the business nature of the company so that the company can be tax-efficientand tax compliant. To perform project feasibility analysis. => Treasury Management :  Communication & Coordination with different banks, NBFI and financing companies toensure effective working capital management.  Liaison with banks, insurance companies, external audit firms, financial institutions,different govt. offices, NBR and local authorities to settle the matter on business policies, new investment plans, new credit facilities etc. Setting monthly and quarterly effective fund planning, aligned with the strategic business plan to ensure competitive advantage and business growth. =>Budgeting & Controlling :  Ensure preparation of annual business plan (ABP) & bridge analysis for budget variances Investigate operational and financial results and make recommendations to management  Reviewing and updating financial policies, procedures and risk mitigation tools, ensuringproper implementation & function of the process.  To advise on financial due diligence.Achievements :  Successfully incorporated two new financial partners with 2,400 million credit facilities. Product cost optimization team member in RL (cost savings of 7.8 million per year)  Worked for ERP software (IFS) second phase development’s core team member.
  • Mitsubishi Motors Bangladesh | Rangs Limited
    Sbu Lead - Finance & Accounts
    Mitsubishi Motors Bangladesh | Rangs Limited Jan 2020 - Dec 2022
    Bangladesh
    Key responsibilities: I am leading the finance & Accounts team consisting of 7 members. As ateam leader, I am responsible for the following activities –=> Financial Accounting & Costing :  Ensure accurate, complete & timely financial reporting as per applicable laws, whichincludes monthly financial statements and dashboards, annual financial statements(actual, Tax & Vat purpose) and other management reports.  Design and apply financial and management level analysis, assist in the product pricingand MIS to continuously improve excellence.  Planning and execution of the Tax & VAT management system with a properunderstanding of the business nature of the company so that the company can be tax-efficientand tax compliant. To perform project feasibility analysis. => Treasury Management :  Communication & Coordination with different banks, NBFI and financing companies toensure effective working capital management.  Liaison with banks, insurance companies, external audit firms, financial institutions,different govt. offices, NBR and local authorities to settle the matter on business policies, new investment plans, new credit facilities etc. Setting monthly and quarterly effective fund planning, aligned with the strategic business plan to ensure competitive advantage and business growth. =>Budgeting & Controlling :  Ensure preparation of annual business plan (ABP) & bridge analysis for budget variances Investigate operational and financial results and make recommendations to management  Reviewing and updating financial policies, procedures and risk mitigation tools, ensuringproper implementation & function of the process.  To advise on financial due diligence.Achievements :  Successfully incorporated two new financial partners with 2,400 million credit facilities. Product cost optimization team member in RL (cost savings of 7.8 million per year)  Worked for ERP software (IFS) second phase development’s core team member.
  • Mitsubishi Motors Bangladesh (Rangs Limited)
    Treasury Lead, Accounts & Finance
    Mitsubishi Motors Bangladesh (Rangs Limited) Jul 2018 - Dec 2019
    Dhaka, Bangladesh
    Key responsibilities : I was entrusted with the following responsibilities- Treasury management includes regular banking, fund management and arranging new facilities from the banks to run the operation smoothly.  Checking and maintaining day-to-day transactions in ERP (IFS) in convergence with international accounting standards, international standards on auditing, income tax ordinance and VAT act. Ensuring the accuracy and timely processing of suppliers' payments as per contract and company policy.Achievements :  Reduced finance costs by 08 million by ensuring optimum utilization of funds. Implemented documents pathway tracking system to ensure on-time suppliers’ payment.
  • Quazi Abedin Tex Ltd
    Sr. Executive
    Quazi Abedin Tex Ltd May 2017 - Jun 2018
    Savar
    Key responsibilities: I was entrusted with the following responsibilities- Preparing and maintaining the books of accounts in Tally software. Checking of vendors invoice/bill and arrange payment as per contract and company policy Preparing financial proposals & accounts for Bank financing. Checking monthly Salary Sheet, OT Sheet and Festival Bonus Sheet of all employees. Preparing monthly budget, scheduling expenditures, analyzing variances and initiating corrective actions. To perform project feasibility analysis. Preparing VAT return, WHT return and financial statements with all supporting documents To conduct the fraud investigation. Physical verification of inventory. Maintaining fixed asset register. Achievements:  Revamped the accounting system, which increased the efficiency of the department. Developed format for comprehensive reports, abstracts, and charts to present data.
  • Masih Muhith Haque & Co
    Article Trainee
    Masih Muhith Haque & Co Jan 2014 - Apr 2017
    Dhaka
    Key responsibilities: I was entrusted with the following responsibilities- To plan and conduct the statutory audits and also assist in the identification of weakness in the control system and recommend remedial measures to ensure transparency. To Prepare Financial Statements, Management Report in accordance with BAS, BFRS and other applicable laws, rules and regulations.

Mohammad Arafat Skills

Leadership Auditing Microsoft Powerpoint Tax Management Accounting Treasury Management Strategic Planning Financial Accounting Microsoft Office Microsoft Word Microsoft Excel Financial Analysis Budget Process Business Strategy Teamwork Management Financial Reporting Analytical Skills Financial Statements Research Internal Audit

Frequently Asked Questions about Mohammad Arafat

What company does Mohammad Arafat work for?

Mohammad Arafat works for Mitsubishi Motors Bangladesh | Rangs Limited

What is Mohammad Arafat's role at the current company?

Mohammad Arafat's current role is Head of Finance & Accounts.

What is Mohammad Arafat's email address?

Mohammad Arafat's email address is ni****@****ail.com

What schools did Mohammad Arafat attend?

Mohammad Arafat attended The Institute Of Chartered Accountants Of Bangladesh, American International University-Bangladesh (Aiub), American International University-Bangladesh (Aiub), Dhaka City College, Muslim Modern Academy.

What skills is Mohammad Arafat known for?

Mohammad Arafat has skills like Leadership, Auditing, Microsoft Powerpoint, Tax, Management Accounting, Treasury Management, Strategic Planning, Financial Accounting, Microsoft Office, Microsoft Word, Microsoft Excel, Financial Analysis.

Who are Mohammad Arafat's colleagues?

Mohammad Arafat's colleagues are Rafid Uddin, Irshad Raihan, Mohammad Forhad Hossain Bhuiyan, Md. Forhad Hossain Kanon, Md. Kamruzzaman Chowdhury, Anusha Khalid, Mohammod Hamdur Rahaman (Simon).

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