Compliance Officer
Job Description
Title: Compliance Officer
Company Name: NGO Forum for Public Health
Vacancy: 1
Job Location: Dhaka
Employment Status: Full-time, Contractual
Educational Requirements:
∎ Masters Degree in Law with Finance or Business Management from the reputed university.
Experience Requirements:
∎ 5 to 7 year(s)
∎ The applicants should have experience in the following business area(s):
NGO, Development Agency
Job Responsibilities:
∎ Develop and review organizational policies & procedures;
∎ Review disclosures, legal documents, forms and promotional materials, agreements, contracts etc. to ensure consistency with compliance laws and regulations;
∎ Create and manage effective action plans in response to audit discoveries and compliance violations;
∎ Regular monitoring and verification on ensuring proper compliances to the Donors, NGO Affairs Bureau on different projects;
∎ Maintain liaison with third party auditors;
∎ Maintain liaison with bank, NBR and other financial institutions & authorities;
∎ Support to ensure GoB VAT and Tax compliance for NGO AB reporting;
∎ Ensure submission of Income Tax & VAT returns of the organization in due time.
∎ Deliver a full range of Tax & VAT services in compliance with laws and regulations.
∎ Ensure proper compliance as per Bangladesh Income Tax Ordinance, Company Law and VAT Act;
∎ Liaison with Govt. Regulatory bodies, Tax advisor, Consultant, Tax officials etc.
∎ Ensure proper documentation, control and maintain necessary records in respect of Taxation and VAT related issues;
∎ Monitor current and impending changes to VAT & Tax regulation and make the appropriate updates to policies and strategies;
∎ Monitor legislative and regulatory VAT & Tax law developments, communicate the effects of these developments to management and the VAT & Tax team;
∎ Continuously update VAT management policies and ensure compliance of VAT laws;
∎ Represent as an organizational representative for hearing, assessment & settlement of VAT related issue with Govt. authorities and resolve for the best interest of the organization;
∎ Filing Tax Return and withholding Tax Return and submit it to authority;
∎ Ensure Tax and VAT deduction at sources as per Tax ordinance & VAT act;
∎ Face Audit Tax & VAT personnel and produce required documents;
∎ Regularly train coworkers on changes in Tax and VAT laws;
∎ Provide support with various internal audits and special VAT & Tax related projects;
∎ Analyze transactions to determine correct VAT settlement;
∎ Ensure the VAT and Tax compliances in due time of the organization, its projects and the staff.
∎ Liaison with the NGO Affairs Bureau (NGOAB) regarding FD7, FD6, and other registration and project-related needs;
∎ Support to prepare NGOAB documents such as FD6/ FD7/ FC1, FD4 audit report;
∎ Regular follow up & visit NGOAB to oversee the progress and coordinate with different projects to meet the NGOAB requirements;
∎ Support the coordination of internal and external audits for different projects;
∎ Conduct awareness and training program on compliance issues and ensure all employees are informed on the latest regulations and processes;
∎ Resolve employee concerns about legal compliance and investigate irregularities and non-compliances;
∎ Provide audit findings and recommendations to the Management and Project Focals and follow-up proper Action Measures;
∎ Contribute to ensure the due diligences of the organization;
∎ Report overall compliance Management issues
Additional Requirements:
∎ Age at most 40 years
∎ Both males and females are allowed to apply
∎ Sound knowledge on Customs Duties, VAT, and Income Taxes
∎ Knowledge of current relevant taxation laws and NGO Bureau Rules
∎ Experiences related to updating and reconciling the VAT Current Account, Preparation of Withholding Tax Return, management of Bills Receivable and Accounts Payables
∎ Experiences to deal with NGO Affairs Bureau and Social Welfare Department
∎ Experience to prepare documentation for registration authority.
∎ Ability to effectively manage time and handle multiple priorities a must.
∎ Excellent communication skill in English and Bengali.
∎ Ability to work under pressure and to meet and deliver deadlines.
Salary: Tk. 50000 (Monthly)
Compensation & Other Benefits:
∎ As per Human Resource Policies & Procedures of NGO Forum for Public Health.
Job Source: Bdjobs.com Online Job Posting.
Application Deadline: 8 Apr 2022
Company Information:
∎ 30 Mar 2022
∎ NGO Forum for Public Health
∎ Address : 4/6, Block-E, Lalmaita, Dhaka - 1207
∎ Web : www.ngof.org
Category: NGO/Development
: APPLICATION PROCESS• Interested persons are requested to apply with a complete CV with contact mobile / telephone number and a copy of recent passport size photograph. NGO Forum is an equal opportunity employer and also encourages applications from qualified female candidates.• Early application is encouraged as we will review applications throughout the advertising period and reserve the right to close the advert early.• Application must be submitted through online by clicking on Apply Online Button.Note: Application sent by email will not be considered.Only short-listed candidates shall be contacted. References will be taken and background and Anti-terrorism checks will be carried out in conformity with NGO Forum's Safeguarding policy of Children and Adults and Anti-Money Laundering Policy & Prevention of Terrorist FinancingATTENTION:• NGO Forum aims to attract and select a diverse workforce ensuring equal opportunity to everyone irrespective of race, age, gender, class, ethnicity, disability, location and religion.• NGO Forum is committed to ensuring that wherever we work there is no tolerance for the abuse of power, privilege or trust.• NGO Forum reinforces a culture of zero tolerance towards any form of inappropriate behaviour, abuse, harassment, or exploitation of any kind.• All employees are expected to abide by the Protection from Sexual Exploitation and Abuse & Child Protection Policy of NGO Forum.• The safeguarding of our beneficiaries, staff, volunteers and anyone working on our behalf is our top priority, and we take our responsibilities seriously.
