Accounts and Finance Officer

Job Description

Title: Accounts and Finance Officer

Company Name: Uttara Development Program Society (UDPS)

Vacancy: --

Age: at most 45 years

Location: Anywhere in Bangladesh

Maximum Salary: Tk. 50000 (Monthly)

Experience:
∎ At least 4 years
∎ The applicants should have experience in the following business area(s):NGO

Published: 2 Jan 2025

Education:
∎ 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.)
∎ 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.)

Requirements:

Additional Requirements:
∎ 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).
∎ Maximum 45 years of age on the last date of application.
∎ Experience
∎ 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).
∎ Age Limit
∎ Maximum 45 years of age on the last date of application.

Responsibilities & Context:
∎ 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;
∎ 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;
∎ 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;
∎ 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;
∎ 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.
∎ 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 UDPS
∎ Duties and Responsibilities
∎ 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.
∎ Other 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 UDPS

Skills & Expertise:

Compensation & Other Benefits:
∎ Monthly consolidated salary is BDT 50,000/- (Fifty thousand)
∎ 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.
∎ Monthly consolidated salary is BDT 50,000/- (Fifty thousand)
∎ 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.

Employment Status: Full Time

Job Location: Anywhere in Bangladesh

Company Information:
∎ Uttara Development Program Society (UDPS)
∎ 5/10, Humayun Road, Block - B, Mohammadpur, Dhaka-1207
∎ Uttara Development Program Society (UDPS), a national Non Government development organization (NGO) has been working for the last 30 years for poverty reduction, disaster risk reduction, climate change adaptation, education, skills training, health and nutrition, livelihood restoration, food security, water supply and sanitation, access to markets etc. for socio-economic and humanitarian development of the community people.

Address::
∎ 5/10, Humayun Road, Block - B, Mohammadpur, Dhaka-1207
∎ Uttara Development Program Society (UDPS), a national Non Government development organization (NGO) has been working for the last 30 years for poverty reduction, disaster risk reduction, climate change adaptation, education, skills training, health and nutrition, livelihood restoration, food security, water supply and sanitation, access to markets etc. for socio-economic and humanitarian development of the community people.

Read Before Apply: Please apply only who are fulfilling all the requirements of this job

Application Deadline: 1 Feb 2025

Category: NGO/Development

Interested By University

University Percentage (%)
National University 24.45%
University of Dhaka 3.74%
Jagannath University 2.21%
Southeast University 1.36%
Dhaka College 1.02%
Northern University Bangladesh 1.02%
University of Rajshahi 0.85%
Jahangirnagar University 0.76%
Rajshahi University 0.68%
Carmichael College, Rangpur 0.68%

Interested By Age Range

Age Range Percentage (%)
20-30 33.19%
31-35 34.97%
36-40 19.27%
40+ 12.22%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 0.78%
20K-30K 6.57%
30K-40K 11.67%
40K-50K 74.50%
50K+ 6.48%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 8.06%
0.1 - 1 years 4.07%
1.1 - 3 years 15.11%
3.1 - 5 years 19.02%
5+ years 53.74%

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