Accounts and Finance Officer (Mini-Garments)

Job Description

Title: Accounts and Finance Officer (Mini-Garments)

Company Name: Palli Mongal Karmosuchi (PMK)

Vacancy: 01

Age: 28 to 42 years

Job Location: Narayanganj, Dhaka (Ashulia)

Salary: Tk. 50000 - 50000 (Monthly)

Experience:

• At least 4 years
• The applicants should have experience in the following business area(s): NGO, Hospital

• Bachelor/Honors

• The ideal candidate should possess a minimum of a four-year undergraduate degree/ B. Com.(pass) with master degree in Accounting or Finance from a UGC-approved university. (Third class or similar grade in any level of academic career is not acceptable.)

• At least 4 years
• The applicants should have experience in the following business area(s): NGO, Hospital

• Age 28 to 42 years

• The candidate should have a minimum of four (4) years of work experience in financial management within a reputed organization, preferably within development organizations in Bangladesh. (Only full-time work experience after graduation will be considered).
• Relevant working experience with PKSF or any project funded by multi-lateral development partners would be preferred.
• Good computer knowledge (MS office suite, typing both English and Bangla).
• Please clearly state the name of the position applied for on the top of the envelope.

Responsibilities & ContextJob Context: 

Palli Mongal Karmosuchi (PMK) is going to implement a sub-project titled ‘Promoting sustainable growth in Mini-Garments sub sector through RECP practices’ as part of the ‘Sustainable Microenterprise and Resilient Transformation (SMART)’ Project. This sub-project aims to increase resource-efficient and resilient green growth of microenterprises (MEs) under Mini-Garments sub-sector. The project is jointly financed by the World Bank, Palli Karma-Sahayak Foundation (PKSF), and Palli Mongal Karmosuchi (PMK).

Responsibilities/Tasks:

The ‘Accounts and Finance Officer’ will work under the direct supervision of the Project Manager and will undertake the tasks and duties to assist implementation of the sub-project. The specific tasks are, but not limited to, as follows:

Maintaining Accounts· 

•  Maintain sub-project accounts in accordance with International Accounting Standard (IAS), on a ‘going concern’ basis under Generally Accepted Accounting Principles;
• Maintain separate books of account on an accrual basis under historical cost convention;
• Prepare monthly/annual financial statements incorporating disclosure on income and expenditure, receipt and payment, and financial position of the sub-project along with other notes and relevant information;

Fund Management· 

•  Monitor the flow of funds from the PKSF to sub-project and sub-project to microenterprise to ensure that appropriate procedures are followed;
• To ensure a smooth flow of funds from the sub-project to Microenterprise level for sub-project implementation;
• Ensure that adequate internal control and arrangement are in place for proper utilization, management, and accounting of funds;

Budget and Financial Reporting·

• Prepare yearly/half-yearly detailed sub-project budget in line with the procurement plan and other relevant work plans;
• Prepare the budget of a new cost proposal, training, and other sub-project activities;
• Ensure that shared cost amounts are budgeted for each proposal of the sub-project;
• Prepare monthly financial report and half-yearly reimbursement bill for the sub-project;

Sub-project Monitoring· 

• Ensure strong monitoring system of the sub-project through frequent field visits;
• Review external and internal audit report along with management letter of the sub-projects;

Administration and Procurement· 

• Ensure that the project procurement rules are complied with the sub-project procurement;
• Prepare and regularly update the procurement plan(s);

Manage logistics and procurements;·

• Verifying current inventory levels and keeping records to prevent inventory gaps;
• Overseeing the day-to-day administrative tasks.

Others Responsibilities·

• Maintain the sub-project bank account and prepare monthly bank Reconciliation Statements;
• Maintain liaison and coordinate with SMART-PMU of PKSF regarding accounts and budget;
• Support internal audit section for internal audit and support external auditors with necessary information of the sub-project;
• Any other tasks, duties, or specific tasks assigned by the Project Manager and management of the PMK.

• Festival Bonus: 2

• 2 Festival bonus

• Yearly salary review*

• Bosakhi Vata as per project....·

• Other admissible benefits (Festival Bonus, Bangla Noboborsho allowance, Mobile allowance, etc.) as per the organization`s policy.·

• Salary and other admissible benefits (if any) are inclusive of all taxes as imposed by the government of Bangladesh. Taxes will be deducted at sources as per government rules.