Finance & Accounts Officer

Job Description

Title: Finance & Accounts Officer

Company Name: University of Asia Pacific

Vacancy: 1

Age: Na

Job Location: Dhaka

Salary: --

Experience:

• At least 3 years

Master’s degree in Accounting/Finance or related subject.

• At least 3 years

Experience:

• Minimum 03 years of relevant experience in any university, NGO or large local organizations.

Technical Skill:

• Proficient in MS Office applications, specially in MS-Excel.

• Knowledge in “Tally”/latest accounting software is preferable.

Language Skill:

• Excellent written and spoken communication skills in both Bangla and English.

Core Competencies:

• Excellent analytical and problem-solving abilities.

• Ability to work independently as well as collaboratively within a team.

• Strong communication and interpersonal skills.

• Meticulous attention to detail and accuracy.

• Capable of multitasking and prioritizing tasks effectively.

• Ability to work under pressure.

Employment Type: Permanent

Department: Finance & Accounts

Reporting To: Director – Finance & Accounts

Major Responsibilities

• Financial Planning & Budgeting: Assist in the development and implementation of the university’s financial plans and budgets, including forecasting revenues and expenses.

• Accounts Payable & Receivable Management: Oversee the processing of payments to vendors, faculty, and staff, as well as the collection of receivables such as tuition fees, grants, and donations.

• Financial Reporting: Prepare and present accurate financial reports, statements, and analyses for management and external stakeholders, ensuring compliance with accounting standards.

• General Ledger Maintenance: Ensure the integrity of the general ledger by overseeing the recording of all financial transactions and conducting regular reconciliations.

• Bank Reconciliation: Conduct and review monthly bank reconciliations to ensure that bank statements align with the university`s financial records.

• Payroll Management: Supervise the preparation and processing of payroll, ensuring accuracy in salary calculations, deductions, and disbursements.

• Tax Compliance: Ensure the university’s compliance with all relevant tax regulations, including preparing and submitting tax returns and ensuring timely payment of taxes.

• Audit Coordination: Facilitate internal and external audits by preparing necessary documentation, responding to auditor queries, and implementing audit recommendations.

• Financial Analysis: Perform financial analysis to support decision-making, including cost-benefit analysis, variance analysis, and financial performance reviews.

• Cash Flow Management: Monitor and manage the university’s cash flow, ensuring that funds are available to meet operational needs and investment opportunities.

• Investment Management: Oversee the university`s investment portfolio, ensuring that funds are managed prudently and in alignment with the university’s financial strategy.

• Regulatory Compliance: Ensure adherence to all financial regulations and university policies, including those related to financial reporting, procurement, and contract management.

• Risk Management: Identify financial risks and develop strategies to mitigate them, including maintaining appropriate levels of insurance and financial reserves.

• Support for Financial Planning & Strategy: Contribute to the formulation of long-term financial strategies, providing data-driven insights and recommendations.

• Stakeholder Communication: Liaise with various university departments, external agencies, and stakeholders to provide financial information, resolve issues, and ensure effective financial management.

• Other Duties: Undertake any additional tasks or responsibilities assigned by senior management to support the university’s financial operations.

As per University policy.