Summary
Overview
Work History
Education
Websites
Communication Technical Skill
Teaching Mentoring Training
Hobbies and Interests
Timeline
Generic
Amiya bhowmik

Amiya bhowmik

Chicago

Summary

As a Chartered Accountant (FCA) with over 12 years of job experience, including 6 years as Head of the department, 3 years in a managerial position, and 3 years as a supervisor, I have acquired diverse skill sets in financial reporting and accounting. My professional journey has spanned various profit-seeking and non-profit organizations in Bangladesh and Afghanistan. Throughout my career, I have provided professional services in strategic sectors, such as developing accounting and internal control systems, MIS development, treasury management, grant management, development of sub-recipients accounting and internal control systems, financial reporting, procurement, taxation, auditing, legal and regulatory issues, and corporate finance.

Overview

13
13
years of professional experience

Work History

Manager (audit and consultancy)

ACNABIN, Chartered Accountants
  • Managing, supervising, planning, monitoring, and controlling of works both Auditing and Consultancy; preparation of technical and financial proposals for audit and consultancy jobs; conducting study and advisory jobs; and conducting ACNABIN Staff Training
  • To select an effective audit team and to brief the team about the assignment
  • To prepare organization profile, audit strategy memorandum, and risk analysis, and select the materiality level and internal control questionnaire at each assignment.

Audit Supervisor (articled Student)

ACNABIN, Chartered Accountants
  • Managing, supervising, planning, monitoring, and controlling of works both Auditing and Consultancy; preparation of technical and financial proposals for audit and consultancy jobs; conducting study and advisory jobs; and conducting ACNABIN Staff Training.

Senior Director

Sajida Foundation
08.2018 - 11.2023
  • Developed Standard Operating Procedure (SOP) for the finance and accounts department (for microfinance programs, development projects, and enterprises)
  • Arranged debt financing of USD 200 million from different financial institutions, USD 10 million from private commercial bonds, and USD 50 million from syndication loans for the microfinance program
  • Restructured the overall MIS system and reduced the lead time of reporting from 15 days to 5 days
  • Promoted from Director to Senior Director in July 2022
  • Received “Gold Award” in December 2022 under NGOs for Best Presented Annual Reports from the South Asian Federation of Accountants (SAFA)
  • Received 1st Prize in 2023, 2021, and 2020 under the NGO/NPO Sector for Best Published Accounts and Reports from the Institute of Chartered Accountants of Bangladesh (ICAB).

Head of Accounts and Budget

BRAC
03.2014 - 07.2018
  • Coordinate annual budget formulation and preparation of an annual budget of USD 2820 million for the BRAC group and expenditures budget of USD 780 million
  • Generate additional income of an average of USD 7.7 million per year through proper utilization of ideal fund and loan fund
  • Ensured compliance with regulatory requirements and saved USD 4 million through proper tax and VAT planning
  • Promoted from Head of Budget to Head of Accounts and Budget in March 2016
  • Received 1st Prize in 2018 and 2017 under the NGO/NPO Sector for Best Published Accounts and Reports from the Institute of Chartered Accountants of Bangladesh (ICAB).

Country Head of Accounts

BRAC Afghanistan
05.2012 - 03.2014
  • Supervise as first, second, and third superintendent of 11 Provincial, 21 Area, and 56 Branch Accountants respectively
  • Prepared and submitted different donors' budgets and budget variance reports and awarded over USD 20 million funds in for education programs from FCDO and USD 8 million funds for health programs from USAID
  • Successfully implemented ERP system in Afghanistan as a part of BRAC International in 2013
  • Arranged more than 20 workshops for BRAC staff relating to security awareness and conducted different meetings with the Afghanistan NGO Safety Office (ANSO) for NGO security.

Assistant General Manager

M&J Group
07.2010 - 05.2012
  • Developed chart of accounts for the accounting software and led IT personnel in developing an ERP system in a way that satisfies various accounting, financial, and non-financial information requirements
  • Supervision of accounting staff work
  • Develop budget/forecasts and ensure budgetary control through budget variance analysis
  • Participation in strategic planning regarding financial and operation matters.

Education

FCA (Fellow Chartered Accountant) -

The Institute of Chartered Accountants of Bangladesh
06.2015

MBA (Accounting and Information Systems) -

Faculty of Business Studies, University of Dhaka
06.2006

BBA (Accounting and Information Systems) -

Faculty of Business Studies, University of Dhaka
06.2005

Communication Technical Skill

Well-versed in both written and spoken, Moderate listening and weak speaking, Mother tongue, MS Office 2013, SPSS, QuickBooks accounting software, Tally 7.2, Accounting Package (ACCPAC)

Teaching Mentoring Training

  • More than five years of experience in teaching Financial Accounting, Management Information, and Business and Finance to The Institute of Chartered Accountants of Bangladesh (ICAB) students at the certificate level.
  • Worked as a mentor for over a year for three young professionals in BRAC and Sajida Foundation to develop their career paths and upgrade their skills through on-job training.
  • Two days workshop on “Project management and Strategic Leadership” organized by the Institute of Chartered Accountants of Bangladesh in February 2021.
  • Two days’ workshop on “catalyze debt raising, equity investments and technical assistance programs” to support “a resilient financial system that combines financial inclusion and private sector growth with sustainable development.” Organized by the Asia Financial Institution Forum on January 22-23, 2020, in Thailand.
  • Two days workshop on “Risk Management, Agricultural Finance, and Technology” organized by Asia Pacific Microfinance Forum, on 30-31 October 2018, Singapore.
  • Six weeks Certificate course on “Competitive Business Strategy and Innovation”, organized by the Institute of Business Administration, University of Dhaka, from September to November 2016 in Dhaka, Bangladesh.
  • Six weeks Certificate course on “Managerial Communication Leadership & Interpersonal Skill Development”, organized by the Institute of Business Administration, University of Dhaka, from 11 September to 30 November 2015 in Dhaka, Bangladesh.
  • Training on “USAID Award Management” organized by Berkeley Research Group, USA from 16-17 February 2015 in BRAC Centre, Dhaka, Bangladesh.
  • International conference on “Introduction to Compensation Management”, organized by “Birches Group” on 13 to 15 October 2014 in Bangkok, Thailand.
  • International training on the Financial and grant management system and new funding model of GFATM, organized by BRAC Bangladesh in March 2013 at Dhaka.
  • International Conference on 'Best Practices and Reporting for Sustainable Development', Organized by “The Institute of Chartered Accountants of Bangladesh ICAB)” on 27 November 2011 at the Ball Room, Pan Pacific Sonargaon Hotel, Dhaka.
  • Regional Standard Setters(RSS) Conference 2011, Organized by the SAARC on 28 November 2011 at the Surma Board Room, Pan Pacific Sonargaon Hotel, Dhaka.
  • SAFA BPA Awards Ceremony 2011, Organized by the SAFA on 29 November 2011 at the Celebrity Hall, Bangabandhu International Conference Centre, Dhaka.
  • Basic Education for Hard-to-Reach Urban Working Children (BEHTRUWC) Project 2nd Phase under Bureau of Non-Formal education, funded by UNICEF, Financial Management System and Implementation of Accounting Software, Conducted by ACNABIN team at UNICEF office, Dhaka 05 to 07 July 2009.
  • Financial Management System, development of customized accounting software, and implementation of accounting software of the BEHTRUWC Project, conducted by ACNABIN team at Bureau of Non-Formal Education office, Dhaka 22 April to 04 May 2008.

Hobbies and Interests

  • Worked as a volunteer facilitator in a non-formal school for underprivileged slum children for one year.
  • Founding Chairperson of a non-profit organization named “Lets’ DO Foundation” (specialized in child education for underprivileged children) for over two years.
  • General Member of Association for Peoples Development Stream (APDS) from July 2022, who are providing micro-loans to marginalized and slum dwellers.
  • Traveling Central Europe and South America, hiking the mountains of Bangladesh, playing badminton, Carom, TT, fishing.

Timeline

Senior Director

Sajida Foundation
08.2018 - 11.2023

Head of Accounts and Budget

BRAC
03.2014 - 07.2018

Country Head of Accounts

BRAC Afghanistan
05.2012 - 03.2014

Assistant General Manager

M&J Group
07.2010 - 05.2012

Manager (audit and consultancy)

ACNABIN, Chartered Accountants

Audit Supervisor (articled Student)

ACNABIN, Chartered Accountants

FCA (Fellow Chartered Accountant) -

The Institute of Chartered Accountants of Bangladesh

MBA (Accounting and Information Systems) -

Faculty of Business Studies, University of Dhaka

BBA (Accounting and Information Systems) -

Faculty of Business Studies, University of Dhaka
Amiya bhowmik