Chief Finance Officer (Re-Circular)

Job Description

Title: Chief Finance Officer (Re-Circular)

Company Name: Samaj Kalyan O Unnayan Shangstha (SKUS)

Vacancy: 1

Job Location: Cox's Bazar, Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Master of Business Studies (MBS) in Accounting, Bachelor of Business Studies (BBS) in Accounting, Master of Business Administration (MBA) in Accounting, Bachelor of Business Administration (BBA) in Accounting
∎ CA -CC completed a renowned firm.
∎ CA Part Qualified will be given preference.
∎ Must have previous experience in handling Tally software
∎ Skills Required: Accounting Software, Creative, Execllent computer skills, Financial Planning, Motivational skill

Experience Requirements:
∎ At least 10 year(s)
∎ The applicants should have experience in the following area(s): Budget Development, Financial analysis and reporting, Grants management, Monitoring, Ngo accounts Management, Planning and budget, Policy Development
∎ The applicants should have experience in the following business area(s): NGO

Job Responsibilities:
∎ Develop and implement financial strategies, policies, and procedures to drive fiscal responsibility and sustainable growth.
∎ Prepare and oversee annual budgets, financial forecasts, and cash flow projections.
∎ Monitor financial performance, analyze variances, and provide recommendations for improvement.
∎ Ensure compliance with financial regulations, reporting, and tax requirements.
∎ Oversee financial reporting, including financial statements in compliance with international financial reporting standards, management reports, and financial analyses.
∎ Prepare monthly bank reconciliation for all bank accounts maintained for the organization.
∎ Review monthly Budget vs Actual and prepare any adjustments required by the field office for posting into Tally accounting system.
∎ Monitor and prevent all types of fraud, embezzlement, and misappropriation.
∎ Review bill-voucher, expenses report, and party payments in compliance with the organizational Financial Policies, Procedures, respective Donor guidelines, and Government Rules and Regulations;
∎ Ensure deduction of VAT and Tax from payment to vendors or consultants in accordance with the Income Tax Act. 2023 and VAT Act. 2012 and deposit source taxes to the government treasury in a stipulated time;
∎ Ensure tax at source from the salary of the staff whose salary falls under deduction of tax;
∎ Complete filling of income tax return of SKUS;
∎ Monitor timely entry to Tally ERP9 and make payment to vendors, staff advance and final settlement including bills, receipts, and dockets, are safely and securely filed following organizational procedures;
∎ Follow up the process of preparation of the cash and bank accounting worksheet.
∎ Perform other official tasks, as and when required, for the greater interest of the project/organization.
∎ Review payment vouchers, ensuring completeness of the documentation and consistency with SKUS policies and procedure
∎ Liaison with Bank, NBR, and other government department stakeholders;
∎ Prepare Terms of Reference (ToR) for the external auditors;
∎ Make available adequate and appropriate supporting papers before the auditors either internal or external;
∎ Facilitate internal-external audit and response to the audit queries;
∎ Prepare project budget, budget forecasting, monitor budget realization and revision of budget;
∎ Identify and mitigate financial and operational risks, and develop contingency plans.
∎ Monitor industry trends, economic indicators, and internal factors that could impact the organization's financial stability.
∎ Ensure compliance with legal and regulatory requirements related to finance and administration.
∎ Provide insight into projected Budget vs. Actual report based on field office generated information and provide the same to the Management ensuring timeliness and accuracy.
∎ Ensure strong monitoring of the complaint issue.
∎ Review payment vouchers to ensure completeness and accuracy of documentation.
∎ Take the lead in the preparation of field office grant spending plans with the finance staff
∎ Contribute to the development of the organization's overall strategic plan and goals.
∎ Collaborate with the executive team to align financial and administrative strategies with the organization's vision.
∎ Accounts and Financial Management:
∎ Bringing to the Management's attention all financial systems and matters which are unclear and/or potential risk to the organization;
∎ Closely work with NGOAB, donors, auditors, and other stakeholders also follow their different types of formats, rules, and regulations.
∎ Prepare monthly bank reconciliation for all bank accounts maintained for the project;
∎ Prepare annual training plan for financial management, risk management, national laws & regulations, and donors' guidelines related to financial management;
∎ Arrange training following annual training calendar;
∎ Prepare training documents;
∎ Arrange training either internally or externally highering trainers having relevant training experience.

Additional Requirements:
∎ Age 35 to 45 years
∎ Both males and females are allowed to apply
∎ Candidates who have any prior corruption case should not apply.
∎ A full Professional Accounting qualification; ACCA, ICMA.
∎ CA, or it's equivalent.
∎ 5-6 years of experience in a managerial position in a NGO or non-profit organization.
∎ Ability to work under pressure and with minimum supervision, be a self-starter, team builder, innovative, and demonstrate the capacity for maintaining high professional standards and a positive, can-do attitude, in a rapid growth setting.
∎ Have capacity to develop different types of financial reporting format or others.
∎ Have capacity to facilitate training or workshops to develop financial and accounting documentation, reporting to finance or non-finance persons.
∎ Have sound knowledge on AIS & MIS.
∎ The Chief Finance Officer is based on the Project Office at the Ukhiya of Cox's Bazar district.
∎ Will spend approximately 70% of his/her time at the field office and 30% time at the SKUS Head Office in Dhaka.

Salary: Negotiable

Compensation & Other Benefits:
∎ T/A, Mobile bill

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 19 Dec 2023

Company Information:
∎ 6 Dec 2023
∎ Samaj Kalyan O Unnayan Shangstha (SKUS)
∎ Address : 110 Shantinagar, Nilufar Building (1st floor), Dhaka-1217.
∎ Web : www.skus-bd.org
∎ Business : SKUS is a non-profit, non-government voluntary organization working since 1995 to improve socio-economic condition of poor and marginalized people to improve socio-economic conditions and remove discrimination and exploitations. SKUS has implementing multidimensional projects on Education, Malaria, HIV/AIDS, Health, Nutrition and family planning, Life skills Education, Women empowerment, Water, Sanitation and hygiene, Safe Motherhood, Vulnerable Group Development, EPI and Primary Health Care Project, Safe migration, Emergency relief, early recovery and livelihood support on various disasters, Emergency Rohingya Response, MHPSS, GBV, Technical and vocational training in different part of Bangladesh with assistance from the government, national and international donor agencies.

Note : SKUS has a zero-tolerance to Sexual Exploitation and Abuse of beneficiaries. Protection from Sexual Exploitation and Abuse (PSEA) is everyone’s responsibility and all staff are required to adhere to the Code of Conduct that enshrines principles of PSEA, always (both during work hours and outside work hours). Familiarization with, and adherence to, the Code of Conduct is an essential requirement of all staff, in addition to related mandatory training. All staff must ensure that they understand and act in accordance with this clause.

SKUS also has a zero-tolerance policy on child protection.

Category: NGO/Development

: SKUS has a zero-tolerance policy toward safeguarding, child safeguarding, and PSEA. At SKUS, we believe all people have the right to live their lives free from sexual violence and any abuse of power, regardless of age, gender, sexuality, sexual orientation, disability, religion, or ethnic origin.

Source: bdjobs.com

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