Finance Coordinator
Job Description
Title: Finance Coordinator
Company Name: RDRS Bangladesh
Vacancy: 01
Job Location: Dhaka
Employment Status: Full-time
Educational Requirements:
∎ Masters in Finance or Accounting. Candidates having only Bachelor's Degree in Accounting or Finance may apply if they have sufficient experience to work in a management position. Any professional involvement like partly/ qualified CA, ICMA or ACCA would be prefereable.
Experience Requirements:
∎ At least 5 year(s)
Job Context:
∎ RDRS Bangladesh is a reputed national NGO established in 1972. RDRS Microfinance operation is licensed (license number:00143-00175-00192) by the Microcredit Regulatory Authority (MRA), and operating all over the country. The program is providing financial services to more than 400,000 Clients through 272 branches. The main objective of the microfinance program is to ensure access to financial services for the low-income population, thereby generating employment, eradicating financial vulnerabilities, developing micro-entrepreneurs, and enhancing livelihoods.
∎
∎ Finance Coordinator is a senior management position. The Finance Coordinator will be directly reportable to the Director (Finance) of the organization. This position is based at RDRS Dhaka Head Office. The Finance Coordinator will mainly lead the overall accounting of the department through appropriate leadership capacity, professional knowledge, skill, and experiences.
Job Responsibilities:
∎ Guiding the field and head office Accounts staff in preparation of financial statements through software following applicable accounting principles and finance manual of the organization.
∎ Maintain proper books of accounts both by software and manually as required by regulatory authority and PKSF.
∎ Review the field and head office level financial statements and, based on those statements, prepare consolidated financial statements of the program.
∎ Make interpretation and presentation to management indicating areas of financial strength and weakness, risk, and opportunities for decision making.
∎ Ensure that the branch and head office bank balances have correctly reflected in financial statements.
∎ Ensure that reconciliation of the bank, where applicable, has been correctly prepared.
∎ Ensure that adequate provision has been made for all doubtful outstanding loans following MRA rules and computation is correct.
∎ Ensure that members' information for loans and savings with collection sheet agreed with a total balance of Loan and saving reflected in financial statements. In case of disagreements, ensure that those have been properly reconciled.
∎ Analyze and present financial trends, particularly those impact the program.
∎ Ensure the adequate disclosure of financial statements made and compliance of all required rules and provisions on regulatory matters.
∎ Ensure that monthly POMIS for PKSF is prepared and compiled correctly with adequate information.
∎ Develop and monitor performance metrics for the accounts personnel.
∎ Make appropriate and required liaison and communication with MRA, PKSF, etc.
∎ Access and predict financial risks and returns.
∎ Assist and leads in budget preparation and compilation.
∎ Analyze operations, loan repayments, deposit maturities, program trends, costs, revenues, financial commitment
∎ Plan to meet financial obligations timely, prepare projected cash flow based on future revenues and expenses and provide advice where required.
∎ Prepare training modules for accounts personnel and arrange training for knowledge development on accounts, Tax, and Vat matters.
Additional Requirements:
∎ Age at most 45 years
∎ At least five years of practical skill in auditing/ accounting in mid/ senior-level position;
∎ Have strong verbal and written communication skills;
∎ Clear knowledge in IAS/IFRS and its interpretation as well application techniques;
∎ Must be able to perform in a high-pressure environment and be able to meet tight deadlines;
∎ Ability to design accounts in the software;
∎ Have high analytical and excel skills;
∎ Proven experience as an Accountant in any Microfinance or other financial services industry will be an added advantage;
∎ Have time management skills and interpersonal skills;
∎ Honest and trustworthy;
Salary: Negotiable
Compensation & Other Benefits:
∎ Mobile bill, Provident fund, Weekly 2 holidays, Gratuity
∎ Festival Bonus: 2
∎ Each festival bonus is equivalent to one basic salary
Job Source: Bdjobs.com Online Job Posting.
Application Deadline: 24 Oct 2021
Company Information:
∎ 14 Oct 2021
∎ RDRS Bangladesh
∎ Address : RDRS Bangladesh, House no.43, Road no. 10, Sector 6, Uttara, Dhaka
∎ Web : www.rdrsbangladesh.org
∎ Business : RDRS Bangladesh is a national development NGO works for rural development by empowering the rural poor in northwest Bangladesh. RDRS was formally established as the Bangladesh field program of the Geneva-based Lutheran World Federation/Department for World Service (LWF/DWS) on 8 February 1972. Its development aim is to achieve sustainable increases in their living standards. With this aim, RDRS enables those who participate in its program to gain the necessary skills, understanding, confidence, institutions and services; and ensure that the rural communities have the necessary economic, social and environmental resources. RDRS employees approximate 3,700 staff and works with a further approximately 1,000 volunteers and daily paid workers. The vast majority of staff are in field positions, with specialist sectoral and support units in Rangpur and Dhaka.
Category: NGO/Development
: Only shortlisted candidates will be called for the interview. Any persuasion will disqualify the candidature. Women are especially encouraged to apply. RDRS is a nonsmoking working environment. RDRS reserves all rights to shortlist and select deserving applicant(s).
Source: bdjobs.com
Deadline Expired on 24th Oct 2021
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