Md Rashedul Alam Chowdhury Fcca Aca Cpa Email & Phone Number

Dhaka, BD

Dhaka, Bangladesh

• Ensuring book of accounts, consolidation, management reporting, and periodic financial reporting of 126 more development projects that are funded by various donors (e.g., USAID, DFAT, GAC, The Global Fund, EU, UNICEF.
• Supporting & coordinating concept note preparation, proposal writing, and organizing design workshops to set the logical framework and program objectives for new donors' funding.
• Formulating budget structure, reviewing budget narratives and agreements of donor-funded projects in line with grant management policy.
• Ensuring the compliance of the existing projects by implementing risk assessment, financial monitoring, and reporting.
• Taking necessary measures for the timely and successful project closure in terms of programmatic and financial aspects.
• Managing existing sub-grantees and conducting appraisals for new sub-awardees for the funds in the pipeline.

Dhaka, Bangladesh

• Collaboratively worked with the stakeholders on project development, project finance, new business opportunities, and business strategy formulation.
• Being a champion ensured 100% compliance with Tax and regulatory authorities, which includes but is not limited to Tax & VAT returns, Central bank reporting, and Company Secretarial matters.
• Established an adequate procedure to maintain and record monthly books of accounts as well as to deliver interim and annual financial statements timely, Taken the lead for auditor selection, engagement process, and.
• Designed payment and disbursement authority, administered signatory onboarding, and facilitated online banking process to ensure smooth treasury function.
• Established Procure-to-Pay mechanism including contract management, supplier and consultant due diligence for enlistment, and invoice payment process control mechanism.
• Managed inward & and outward remittances by negotiating favorable FX rates with banks, and minimized FX and interest risks.

Dhaka, Bangladesh

• Assisted in the decision-making process of investment (i.e. exploration well for drilling) through the creation of financial and economic models.
• Critically evaluated the possible financial impacts of different business scenarios (i.e., development well) through risk/sensitivity analysis, and advised management to mitigate risks.
• Prepared and analyzed business Plan, profitability, cash flow, financial position and
• sensitivities (short-term; annual, 3-year cycle, and long-term; field/project life cycle).
• Reviewed & analyzed financial statements for presentation to the senior management, submission to joint venture, and filing with regulators.
• Conducted in-depth analysis of the actual OPEX and CAPEX against business plan, budget, and other benchmarks; made recommendation to manage/control cost.

Dhaka

• Increased 25% surplus funds efficiently through overnight investment to the off-shore bank accounts and generated financial income.
• Introduced early payment discount process helped to save from third-party supplier's payment obligations.
• Optimized the invoicing process to off-taker ensuring timely receipt of revenue and sufficient cash-inflow for operation.
• Led on process improvement of WHT & VAT payment to the govt. exchequer reduced swim lanes of month-end activities and mitigated timeline stress.
• Formed a data warehouse of all tax opinions, rates, and regulations to guide the internal users and initiated tax planning & reporting process for the company.

Dhaka, Bangladesh

• Processed payment to the suppliers, consultants, and employees by ensuring contract compliance, proper documentation, and deduction of applicable tax & VAT.
• Significant value has been protected by detecting duplicate invoices with professional skepticism and resolving disputed invoices through the supply chain management team.
• Supported the UATs for the upgrade of the Accounts payable module of Oracle ERP and updated SOPs accordingly.
• Redesigned procure-to-pay (P2P) process according to changed business scenario and ensured stringent internal control.
• Attended the inventory and fixed asset verification process and identified potential areas of improvement in the material warehousing process of the gas field.

Member

Master Of Science, Professional Accountancy, Distinction & Merit

Fellow Member

Associate Member

Bachelor Of Science, Applied Accounting

Master Of Social Science, Economics, Second Class