Accounting Specialist

Job Description

Title: Accounting Specialist

Company Name: Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH

Vacancy: 1

Age: Na

Job Location: Anywhere in Bangladesh

Salary: --

Experience:

• At least 5 years

• MBA with major in Finance or Accounting/ Master’s in Commerce/ Finance/ Accounting

• Chartered Accountancy course completed (CACC) will be an added advantage

• At least 5 years

Professional experience

• At least 5 years work experience in the relevant area of which at least 2/3 years in development organization

• Sound knowledge on accounts and financial management, SAP and other digital platforms will be preferred.

Other knowledge, additional competences

• Ability to work well under pressure and must be a strong team player

• Must have good interpersonal and communication skills

• Fluency in English is essential

• Knowledge of German Language is an asset

• Ability to work in an intercultural environment

• The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH is a federal enterprise with worldwide operations. We support the German Government in the field of international cooperation for sustainable development. We are also engaged in international education activities around the globe. Through our work we assist people and societies in shaping their own future and improving living condition.

• GIZ has been working as a development partner of Bangladesh since 1972 under bilateral agreement. Currently, we are working in the areas of renewable energy, adaptation to climate change, textile and leather sector, biodiversity, as well as good governance, displacement, and migration.

• For the team of our “Climate Cluster”, we seek applications for the position of “Accounting Specialist”.

• Contract Duration: till 31 December 2025

Band: 4

A. Responsibilities

• The position holder is responsible for:

• Managing an area of responsibility that forms part of the programme objectives, team agreements and/or agreements with the superior

• Assisting project/programme initiatives to provide professional advisory services to and cooperate with a broad range of target groups

• Advise supervisor on all task when implementing GIZ rules and regulation

• Advise supervisor in the field of project`s planning, steering and monitoring

• Independently implement goals and requirements set by the line manager

• Make decisions which have a short-term effect within a limited project area/ unit

• Assist supervisor to identify day to day problem and suggest appropriate solution

B. Tasks

Core Tasks:

• The Accounting Specialist leads the project accounting unit and provides support in following manner:

• Overall responsibility of smooth and complete functioning of the financial accounting system of the project in line with GIZ PuR and Standard procedures.

• Regular follow-up of project third party receivables and liabilities.

• Responsible to face all internal control (IK) visits.

• Work closely with project accountants in Clusters and Country Office to ensure proper accounting.

• KOMP cording and allocation (OnSITE Operations).

• Inventory management.

• Maintain an effective funds control system and ensure smooth payments procedures both from the country office and project office including ensuring compliance with internal control and accounting principles.

• Oversee the flow of transactions and financial documentation.

• Ensure contractual payment based on approved budget and PnR

• Effective coordination with colleagues at the GIZ Office and project offices

Tasks

• The Accounting Specialist performs the following tasks:

• 1. Accounting and Financial management

• The Accounting Specialist

• Prepares vouchers and proceeds for approval and payments.

• Ensures compliance, checks invoice, ‘Arithmetical Correction’ and follows standard procedures (including contract/LS/FA etc.).

• Prepares Fund Request (bi-monthly/monthly)

• Supports responsible colleagues by preparing of budgets, financial analysis, forecasts, and financial reports.

• GoB reporting (AIMS and ERD reporting).

• Monthly budget monitoring through SAP and Cash flow updates each month.

• Monitors and ensures the proper planning according to budget, expenditure.

• Checks financial reports, budget, liquidity planning and do correction/rebooking if required.

• Provides guidance and training for local financial experts and project partners in line with GIZ policy.

• Travel calculation/settlement domestic travel and necessary checking of international travel advance, and settlement assign projects.

• Liability settlement tax payment to Government Revenue Account, following-up every month.

• Coordinates monitoring, settlement, and follow-up tax/VAT/receivable/payable.

• Ensures that submitted financial statements and vouchers from consultant and consulting firm following the financial compliance requirements of GIZ.

• Supports AV/DV, HoF by financial reporting.

• Supporting and update KOMP-Reporting and OnSITE-Operation.

2. Internal Control (IK) and External)

• The Accounting Specialist

• Supports and prepares internal control (IK) and external control.

• Preparation and supporting IK to ensure financial and administrative compliances as per GIZ standard.

• Assists in audit preparation and rectification of routines errors.

3. Contracts

• The Accounting Specialist

• Coordinates with contract department of cluster and GIZ office Dhaka to get smooth contractual services and necessary updates.

• Communicates with consultants to ensure standard invoicing and supporting documents.

4. General services, financial monitoring, and administration

• The Accounting Specialist

• Inventory Management (reviews physical verification of project assets and inventory management to comply four-eye principal annually).

• Ensuring monthly project inventories.

• Ensuring the proper hand-over of the project inventories.

• Provides necessary support to Admin officers in his various task.

5. Other duties/additional tasks

• The Accounting Specialist

• Performs other duties and tasks at the request of management.

• Corresponds with bank regarding new bank account opening/closing.

• Prepares project Handing-over documentation for AV and other staff.

• Liaison with clusters or field office team members and supporting.

• Interacts with his/her team and share the best practices and maintains smooth and sufficient communication within the cluster Admin and Finance team.