Functional overview of finance department: Avery Dennison Bangladesh

Abstract

Avery Dennison Bangladesh is the leading organization in the industry of garments packaging and labeling and it is being serving a huge range of customers for many years.Avery Dennison Bangladesh is working with their consumers by adding value for them, creating customer’s brand image, building customer’s brands, generating new ideas, creating new products, managing their data and distributing their merchandise throughout supply chain. Getting opportunity to work in core finance function at ADBD Finance department, I get to learn about fixed asset verification, tax challan, certificates preparation, invoice payment preparation, and payment summary reconciliation processes practiced in Avery Dennison Bangladesh Finance Department. The title of the report is “Functional Overview of Finance Department: Avery Dennison Bangladesh”. The report is based on both primary and secondary data analysis. In the overall report I have tried to focus mainly on how Avery Dennison BangladeshFinance department functions distinctively. Basically the department has four wings. One is Finance also known as Finance core, Finance planning, Corporate & Regulatory affairs and Credit Control. This report is a detailed representation of all the mentioned topics and contains a preliminary discussion about Avery Dennison Finance Department. This company is the market leader in the packaging and labeling sector in Bangladesh. The normal day to day finance department functional activities are illustrated in order to make the processes look easy in the eyes of readers. Finally, I have tried to give some recommendations from my learning that I have got from my day to day job at Avery Dennison and from my university lectures as well.