Job Description

Title: Finance & Compliance Officer (Re-advertisement)

Company Name: Solidaridad Network Asia

Vacancy: Not specific

Job Location: Anywhere in Bangladesh

Employment Status: Contractual

Educational Requirements:
∎ Masters in Accounting/ MBA in Accounting/Finance is preferred. CA course completion will be an added advantage.

Experience Requirements:
∎ 3 to 5 year(s)

Job Context:
∎ Overall Job Description:
∎ The Finance Officer delegated overall responsibility for providing financial services in order to ensure effective, efficient and accurate financial operations. S/he will assist in implementing Financial Policy of Solidaridad through an expert support in line with accounting principles & financial procedures and statutory requirements, and comply with other donor`s policies and procedures as well. The Finance Officer is accountable for managing day to day accounts operations and keeping all the organization`s finances precise and up to date. S/he performs a range of responsibilities related to compliance focusing on NGO affairs Bureau, Tax-Vat management, Donor compliance. S/he will have to maintain professional interaction with internal employees and external stakeholders. Keep office petty cash and place it in the office safe at the end of the working day. The professional should have a complete understanding of corporate software, i.e. maintain tally accounting software.
∎ The Finance & Compliance Officer will work under the overall direct supervision and guidance of Head of Finance and will collaborate with the admin and programme staff to perform the following key duties and accountabilities related to administrative, financial management, procurement and disbursement-related services;
∎ Employment Type: Project based fixed term

Job Responsibilities:
∎ Finance & Accounts:
∎ Perform all types of monthly transactions- regular monthly bill entry and review
∎ Perform Bank Reconciliation
∎ Preparing Salary, cleaner wages and Overtime of Office Assistant, Cleaner & Driver
∎ Preparing accruals & settlement of all accruals
∎ Cell Phone cost reimbursement
∎ Advance Adjustments
∎ Using Accounting Software-Tally
∎ Vouchers filling and arrangements
∎ Assist to prepare monthly project monitoring tools in line with the budget.
∎ Assist to prepare project wise Doner reports.
∎ Tax & Vat Compliance:
∎ Preparing all kinds of monthly VAT/TAX schedules and deposits in accordance with the government policy.
∎ Submit the monthly online Tax and Vat report and ensure the submission is completed according to the government requirement.
∎ Prepare project wise VAT/TAX schedule to comply with audit requirements and coordinate with the auditor accordingly.
∎ Assist to Prepare and submit the yearly tax return for the organization.
∎ Assist to Incorporate and update the change of country finance act (if any) and circulate updated act to all stakeholders.
∎ Any other required work related to the organizational Tax/Vat management.
∎ NGO affairs Bureau Compliance:
∎ Ensuring compliance with NGO permits/authorizations, reporting, and all organizational requirements to government authorities regarding Solidaridad's activities in Bangladesh.
∎ Act for the processing of FDs (FD2, FD4, FD6 and others) related to the Budgetary, financial and Audit requirements for different projects at different stages implemented by the organization.
∎ For onboarding new projects, act for the processing of FDs (FD2, FD4, FD6 and others) related to the Budgetary, financial and Audit requirements at the start of projects and Project closure formalities.
∎ Any other compliance related responsibilities need to be performed as per organizational need.
∎ Statutory compliances:
∎ Take care of compliances of RoC, Companies Act, EPF Act and other laws of the land.
∎ Provide support to the programme team and implementing partners and other stakeholders in the region on financial management in accordance with the statutory requirements of the laws of the land;
∎ Assist in the statutory audit and audit of financial reports to donors.
∎ Support to supervisor during budget preparation / modification and internal and external audit; share a periodical report on audit observations and queries and action taken on them to the Head of Finance.

Additional Requirements:
∎ Knowledge and Skills of general accounting procedures- Accounts, Finance, Audit, Tax (VAT/ Income Tax is mandatory.
∎ Minimum 3-5 years' professional field experience related to the above duties and responsibilities; Accountant or Assistant Accountant in relevant sector preferably in a larger organization/ CSO/commercial environment;
∎ Generally Accepted Accounting Principles (GAAP) and the International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS) Knowledge.
∎ Experienced on handling donor-funded development projects;
∎ Skill to track programme budget and expenditure;
∎ Reporting and quantitative analytical ability and fluency in English;
∎ Professional Computer literacy in accounting packages. Should have competency on computer-based accounting system- tally accounting software & other database programme;
∎ Person Specifications & Attributes:
∎ Proven ability to work in an intercultural environment and good interpersonal & communication skill;
∎ Demonstrated leadership, versatility, and integrity;
∎ Work independently with minimal supervision within deadlines;
∎ Work as part of a team and must ensure effective team alignment and coordination between operational and support functions to ensure overall performance;
∎ Willingness to work beyond general business hours under extreme pressure
∎ Willingness to pay frequent visits in the fields;
∎ Respect for gender equity and recognize gender mainstreaming

Salary:
∎ Solidaridad offers an attractive compensation and benefits package in line with Solidaridad Asia`s pay scales and Service Rules. The benefits package includes a provident fund, one festival bonus, gratuities, and medical insurance as per the organizational policy.

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 11 Nov 2023

Company Information:
∎ 1 Nov 2023
∎ Solidaridad Network Asia
∎ Business : Solidaridad Network Asia is a global network organization working on sustainable, resources-efficient and inclusive supply chains. Working across 56 countries through 10 Regional Excellence Centres, Solidaridad Network Asia is facilitating the development of socially responsible, ecologically sound, and profitable supply chains. It invests in farms and land-use approaches to serve the twin goals of increasing production and conserving ecosystems. Solidaridad Network Asia brings together supply chain actors and engage them in innovative solutions to improve production, ensuring the transition to a sustainable and inclusive economy that maximizes the benefit for all.
In Bangladesh with support from the embassy of the Kingdom of the Netherland, Solidaridad is implementing the Sustainaable Agriculture, Food Security and Linkages (SaFaL) project in partnership with Uttaran and Jagarani Chakra Foundation JCF), and supply chain actors to develop a viable business model to increase the farm productivity of the smallholders. Solidaridad along with the partners are investing in smallholders? sustainable farm productivity through a shift from self-subsistence to a more business oriented approach for better functioning supply chains connecting farmers to input and output markets. SaFaL is supporting 56,825 smallholder producers on improved farm management through developing their farm business plan and market linkages.


Category: Accounting/Finance