Finance Associate II
Job Description
Title: Finance Associate II
Company Name: Ipas Bangladesh
Vacancy: 1
Job Location: Dhaka
Employment Status: Full-time
Educational Requirements:
∎ Master's Degree in Accounting, Finance or Chartered Accountancy Course complete.
Experience Requirements:
∎ At least 3 year(s)
Job Context:
∎ Ipas is a nonprofit organization working with partners around the world to advance reproductive justice by expanding access to abortion and contraception. We aim to build sustainable abortion ecosystems that address all factors impacting a person`s ability to access abortion-from individual health knowledge to social and community support, to a trained health workforce, to political leadership and supportive laws. In Bangladesh Ipas works since 2011 and from its inception in the country we work closely with the Ministry of Health and Family Welfare to ensure that women and girls can enhance their sexual and reproductive health via affordable, safe, respectful, and comprehensive abortion and contraceptive care. Ipas works throughout the country- in rural settings, in urban areas and in the humanitarian settings.
∎ Ipas Bangladesh is seeking applications from hardworking, sincere, and cheerful individuals for the following position.
∎ Position: Finance Associate II, Improving SRHR in Dhaka Project, Ipas Bangladesh (1 position- Country Office, Dhaka, Bangladesh)
∎ Key Role: The Finance Associate II will support the management of the finance and accounting functions for the country program. In addition to maintaining all financial files in good order, s/he will be responsible about implementing finance systems and protocols, review and entries, account reconciliations, produce regular reports on the status of bank account balances and cumulative expenditures. The Finance Associate II will oversee the audit process and will ensure the compliance of financial and tax reporting with the GoB rules, as well as ensuring the compliance of procurement with donors.
Job Responsibilities:
∎ Payment Processing: Scrutinize all vendor bills/invoices as per Ipas SOP and Global Affairs Canada Financial Management Policy as well, ensure mathematical accuracy and necessary deduction as per statutory rules and prepare voucher package for payment.
∎ Ensure timely payment to vendors and make required communications.
∎ Review advance requests and disburse fund in timely manner.
∎ Support program staff in review of account coding and budgeting of different program events.
∎ Coordinate and support Program, Finance & Admin team in planning, programmatic, financial management and accounting support for the country program.
∎ File all accounting and voucher related documents as required.
∎ Workday (Finance Software) Entry/Accounting: Make entry of all transactions in Workday, bank register and advance register.
∎ Enter budget and periodical revision in Planner.
∎ Reporting and PNGO Monitoring: Prepare monthly budget vs actual report immediately after month end and share with Finance & Administration Manager and Program Manager and place to the management required by donor or program team.
∎ Visit partner office, prepare financial monitoring reports, audit action list and follow up reports. Checking and adjusting advances and review expenditure reports and adjustment statement.
∎ Assist in preparation of FD6, FD7, FD2 for NGO Bureau permission for Fund release.
∎ Any other duty as may be assigned by the Supervisor.
∎ Compliance: Prepare Monthly Bank Reconciliation both manually and in finance software.
∎ Prepare monthly balance sheet reconciliation in finance software.
∎ Prepare treasury challan for taxes/VAT withheld; ensure accurate and timely deposit and keep proper records.
∎ Review all vouchers/invoices as per Ipas and Global Affair Canada financial management policy and upload the documents in cloud-based site.
∎ Support Ipas to oversee all internal and external audits including ensuring that all financial records and backup documentation are ready and available.
Additional Requirements:
∎ At least 3 years minimum work experience with NGO/INGO
∎ Experience in quality financial reporting as per institutional donor template i.e. GAC, FCDO, UNFPA etc.
∎ Advance skill in MS Word, Excel, and Power point
∎ Good skill in accounting software
∎ Good communication skills, both written and spoken, in both English and Bangla
Salary:
∎ Annual gross salary BDT 882,912 and other benefits include:
Compensation & Other Benefits:
∎ 10% Contributory Provident Fund
∎ Festival Bonus, equivalent to one month's gross salary per year
∎ Gratuity, equivalent to one month's gross salary based on the last gross pay for every completed year of service
∎ Health insurance coverage, including spouse
∎ Life Insurance
∎ Professional development opportunities
Job Source: Bdjobs.com Online Job Posting.
Application Deadline: 8 Mar 2023
Company Information:
∎ 1 Mar 2023
∎ Ipas Bangladesh
∎ Business : Ipas is an international NGO with a mission of reducing maternal deaths and disabilities from unsafe abortion and improving women?s reproductive health and rights. Founded in 1973, Ipas works in 15 countries in Africa, Asia and Latin America. The international headquarter of Ipas is based in North Carolina, USA. Ipas has started working in Bangladesh in July 2011.
Category: NGO/Development
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