Finance Manager

Job Description

Title: Finance Manager

Company Name: International Development Group

Vacancy: Not specific

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Master's Degree in Commerce or similar field from any reputed university. MBA and/or CAPart Qualified/CMA preferred.

Experience Requirements:
∎ At least 5 year(s)

Job Context:
∎ Objectives:
∎ Objective 1: Improved Trade Facilitation (TF) through the implementation of the World Trade Organization (WTO) Trade Facilitation Agreement (TFA), capacity building of government officials, and improved food safety procedures.
∎ Objective 2: Improved Business Enabling Environment (BEE) through streamlining and simplifying processes related to the World Bank Doing Business indicators and digitizing government services to ease business operations and make services more transparent and accessible both to men and women.
∎ Objective 3: Promoting Best Practices in Economic Growth Activities and their Application.
∎ The Feed the Future Bangladesh Trade Activity is seeking an experienced Finance Manager to be located at our Dhaka-based office. The finance manager will work alongside the Operations and Finance Team to manage the project`s day-to-day finances and oversee overall financial compliance.
∎ Reporting: This position reports to the Operations Director.

Job Responsibilities:
∎ The Finance Manager will be responsible for the following tasks:
∎ Record all financial transactions into accounting system; manage project funding needs; develop, manage, and monitor field project budgets; and prepare financial reports to the home office;
∎ Develop and implement accounting and reporting systems for project expenditures, and provide guidance and training to project staff and partners on financial procedures;
∎ Manage and coordinate project budgets with Home Office Management and COP oversight;
∎ Produce accurate, USG/USAID/IDG-compliant, and timely financial reports on a monthly basis: reconcile project accounting and provide back-up documentation of all financial transactions for inclusion by the Home Office into invoices to USAID;
∎ Conduct monthly audits of local expenditures as reported by the Field Office including local bank reconciliation and US dollar expenses and petty cash account;
∎ Review all local expenses for billing purposes;
∎ Prepare financial analyses and budget projections;
∎ Prepare bi-monthly cash forecasts for Operations Director's and Chief of Party's review and approval;
∎ Monitor vendor invoices and disburse payments upon approval of the COP;
∎ Review expense reports for compliance with USAID regulations, IDG policies, and authorized expenditures;
∎ Prepare monthly payroll and make calculations of employees' withholdings for appropriate local agencies (Social Security Administration, Tax Department) in accordance with local law;
∎ Ensure timely deposit of tax deducted at source from staff salary and vendor payments and issue certificates as and when required;
∎ Issue VAT coupons to concerned vendors and submit monthly VAT report to USAID and VAT Authorities
∎ Audit field employee timesheets to ensure accuracy and timely submission;
∎ Any other finance and accounting-related duties as and when requested by the management; and
∎ Follow up on/supervise jobs assigned to the Operations and Finance Coordinator.

Additional Requirements:
∎ At least 5 years' experience in accounting and finance fields. Hands-on working experience in any USAID project is preferred.
∎ Proficiency in Microsoft Office (MS Word & Excel) is mandatory.
∎ Fluency in English is required.

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 19 Sep 2021

Company Information:
∎ 5 Sep 2021
∎ International Development Group

Category: Accounting/Finance

Source: bdjobs.com

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