Executive/Senior Executive - Accounts

Job Description

Title: Executive/Senior Executive - Accounts

Company Name: SIMEC Foundation

Vacancy: 1

Age: 30 to 45 years

Job Location: Dhaka (Uttara)

Salary: Negotiable

Experience:

• 4 to 6 years
• The applicants should have experience in the following business area(s): Training Institutes, NGO, Group of Companies

• Bachelor of Business Administration (BBA) in Accounting
• Bachelor of Business Administration (BBA) in Finance
• Master of Business Administration (MBA) in Accounting
• Master of Business Administration (MBA) in Finance

• Partial or full professional qualification (e.g., CA-CC, CMA, ACCA, CPA) will be given strong preference.

• 4 to 6 years
• The applicants should have experience in the following business area(s): Training Institutes, NGO, Group of Companies

• Age 30 to 45 years

• At least 4–6 years of progressive experience in accounts and finance, with a minimum of 3 years specifically in the NGO/development sector handling foreign grants and donor funds. This is a permanent position, not a contractual job.

• Demonstrated experience in NGOAB compliance, including FD form submissions, project approvals, and audit coordination for foreign-funded projects is essential.

• Experience with multiple international donors (e.g., UN agencies, USAID, EU, etc.) is highly desirable.

• Oversee the full cycle of foreign grant and donor fund management, including receipt, allocation, utilization, monitoring, and reporting in line with donor agreements, organizational policies, and government regulations.
•  Ensure complete compliance with NGO Affairs Bureau (NGOAB) guidelines, including preparation and timely submission of FD forms, project proposals (FD-1/FD-2), progress reports (FD-4), audit reports (FD-6), and other required documentation for foreign-funded projects.
•  Prepare accurate budgets, financial forecasts, monthly/quarterly/annual financial statements, and expenditure reports for grant-related activities.
•  Track and monitor fund disbursements, expenditures, and variances, perform regular reconciliations of bank accounts, grant ledgers, and donor reports to ensure no discrepancies or fund misuse.
•  Coordinate with program teams, external auditors, donors, and NGOAB officials for financial audits, compliance reviews, and inspections.
• Maintain comprehensive and organized records of all transactions related to foreign grants, including vouchers, invoices, receipts, bank statements, and supporting documents for audit trails.
•  Assist in developing grant proposals, budgeting for new projects, and preparing donor-specific financial reports and NGOAB-required periodic submissions.
•  Design, implement, and monitor internal financial controls, risk management strategies, and anti-fraud measures to safeguard donor funds.
•  Conduct financial analysis, identify potential issues, and provide recommendations to senior management on efficient grant utilization and compliance matters.
•  Stay abreast of updates in NGOAB regulations, Bangladesh tax laws (e.g., VAT, withholding tax on foreign funds), international accounting standards (IFRS/LAS), and donor-specific financial guidelines.
• Support overall organizational finance functions, including payroll, procurement compliance, and general accounting as needed.
•  Perform any other tasks assigned by the Executive Director or management related to accounts, finance, and compliance.

• Provident Fund

• Leave Encashment

• Medical Allowance

• Salary Review: Yearly

• Festival Bonus: 2

• Weekly Holiday: 1 Day (Friday)