Accounts and Finance Officer, SMART Project

Job Description

Title: Accounts and Finance Officer, SMART Project

Company Name: Jagorani Chakra Foundation

Vacancy: 1

Age: At most 45 years

Job Location: Jashore

Salary: Tk. 55000 (Monthly)

Experience:

• At least 4 years

The ideal candidate should possess a minimum of a four-year undergraduate degree/ BCom. (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

• Age At most 45 years

• The candidate should have a minimum of four (4) years of work experience in financial management within a reputable 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).

Jagorani Chakra Foundation (JCF) is a national voluntary social welfare organization. JCF is going to implement ‘Sustainable Microenterprise and Resilient Transformation (SMART)’ Project supported by PKSF. To ensure the quality implementation of the project, JCF intends to recruit project staff from qualified candidates of Bangladeshi nationals.

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
• Follow the organization's Child Safeguarding, Protection from Sexual Exploitation and Abuse (PSEA), Gender, and WB Policy.

Consolidated Tk. 55,000 per month and other admissible benefits as per organizational policy as well as the project.