Budget & Reporting Specialist
Job Description
Title: Budget & Reporting Specialist
Company Name: International Rescue Committee (IRC)
Vacancy: Not specific
Job Location: Cox's Bazar
Employment Status: Contractual
Educational Requirements:
∎ Bachelor's/Master's degree in Accounting/ Business Administration/ Commerce/ Finance, or equivalent technical training certificate in Accounting
Experience Requirements:
∎ At least 6 year(s)
Job Context:
∎ Country : Bangladesh
∎ Work Location: IRC-Bangladesh, Cox`s Bazar Office
∎ Reporting to : Deputy Director Finance
∎ Department : Finance
∎ Expected Start Date : At Earliest
∎ Contract length : 1 Year (with possibility of extension subject to funding, program needs and performance of incumbent)
∎ Purpose: The Budget and Reporting Specialist assists the Grants and Finance team by managing the day-to-day budget and financial reporting management function. The Budget and Reporting Specialist ensures that budget and reporting issues are immediately attended to and ensures that donor budgets are prepared in accordance with IRC and donor requirements and are submitted on time. (S)He will develop budget management tools and conduct trainings to improve efficiency, donor reporting and compliance.
Job Responsibilities:
∎ Act as focal point for new budget preparations for the country program. Under the guidance of the Financial Controller and in coordination with Grants Coordinator, prepares budgets for new proposals and revises existing budgets, ensuring that all costs are covered and are not under/over budgeted in addition to ensure accurate use of IRC and donor budget formats.
∎ Prepare monthly Budget versus Actual (BvA) reports as per donor format on a monthly/regular basis for all active grants and distribute to the budget holders on time.
∎ Prepare and update spending plans for all active grants in conjunction with designated budget holders. Reviews budget spending and advises relevant staff on spending status. Requests feedback on all over/under spending.
∎ Participate in regular Project Cycle Meetings including Grants Opening, regular BVA/Grants review, closure meeting etc.
∎ Prepare new budget line coding (T2 codes) for each new grant.
∎ Draft donor financial reports for review by the Finance Controller and respective budget holders; ensure reports are in compliance with donor reporting formats and submitted in a timely manner as per contractual requirements.
Additional Requirements:
∎ At least 6 years' of total experience with minimum 3 to 5 years of work experience in humanitarian or development programs/industry in Finance and/or Grants department.
∎ Knowledge of UN, DFID, ECHO etc. budgeting requirements, budget management and financial reporting.
∎ Required to be able to function comfortably in a complex work environment, under pressure whilst prioritizing multiple tasks.
∎ Good supervisory, time management and interpersonal skills.
∎ Excellent computer skills.
∎ Required to be able to work under minimal supervision.
∎ Demonstrable understanding of project planning and project cycle management.
∎ Ability to build good working relationships and work effectively with program, field staff and HQ from a distance.
∎ High-level of knowledge and practice with Excel.
∎ This job requires strong analytical skills to be able to make logical and strategic budget decisions.
Salary:
∎ Competitive Base Pay With Fringe Benefits (As per IRC National Pay Scale in Bangladesh)
Application Deadline: 20 Feb 2021
Company Information:
∎ 10 Feb 2021
∎ International Rescue Committee (IRC)
Category: Accounting/Finance
