Finance Officer

Job Description

Title: Finance Officer

Company Name: Muslim Aid UK Bangladesh Field Office

Vacancy: 01

Age: 28 to 45 years

Location: Dhaka (Banani)

Maximum Salary: Tk. 50050 (Monthly)

Published: 19 Aug 2024

Education:
∎ Bachelor of Business Administration (BBA) in Finance

Requirements:

Additional Requirements:
∎ Age 28 to 45 years
∎ Minimum Graduation degree in Accounting or Finance
∎ CPA certified would be preferred
∎ Minimum Graduation degree in Accounting or Finance
∎ CPA certified would be preferred

Responsibilities & Context:
∎ Implement and maintain effective accounting systems for the recording of all financial information
∎ Make payments after verification of the accuracy, validity, and legitimacy of all documentation ensuring, completeness of financial documents, (purchase requests, work orders, pro forma invoices), proper coding, and approval by responsible managers before payments are made­
∎ Review and ensure the correctness of monthly accounts and cash & bank reconciliations for timely submission into Fund EZ/QuickBooks/SUN and other agreed system­
∎ Ensure that supporting documentation and finance procedures are compliant with Muslim Aid and donor requirements
∎ Manage cash flow, ensuring that regular and accurate transfer requests are made
∎ Assisting The Finance Manager in the production of Muslim Aid financial reports, Financial Planning Sheets, and year-end as required.­
∎ Responsible for the management of staff payroll ensuring accurate and timely payment
∎ Ensure that the financial bills submission and payment are made following the financial policy of MABCO and government rules.­
∎ Ensure that all project offices deducted VAT/Tax at sources as per govt. rules and deposited to the govt. treasury regularly
∎ Ensure that the petty cash is managed and documented properly.
∎ Set up and produce timely, accurate monthly management reports that analyze financial results, highlight variances, and monitor budgets, and assist with the interpretation of these reports to budget holders­
∎ Work with the relevant staff in the regional office to produce project budgets and forecasts as required, including the detailed budget sheets­
∎ Produce donor reports for designated projects.
∎ Support Programme staff in the production of project budgets and proposals, advising on assumptions, risks, and opportunities contained within the budgets­
∎ Review and ensure that the financial aspects of all funding proposals meet Muslim Aid standards and requirements­
∎ Identify the financial information needed by the regional office and set up systems to ensure that these needs are met
∎ ­Undertake visits to field office(s) or partners to help ensure quality is maintained in all aspects of financial management.­   Support and ensures provident funds and gratuity calculation and timely disbursement to staff.
∎ Work with partners, helping set up accounting systems and procedures that are required by Muslim Aid. To monitor this work, highlighting any shortfalls and agree required management actions with relevant staff­
∎ Contribute to the efficient running of the team by assisting in the development of procedures and the improvement of standards across the organization working in conjunction with the Regional Finance team­
∎ Ensure that monthly budget monitoring is carried out and proactively keep the Regional Finance Team updated
∎ Be part of a multifunctional team that can assume tasks or responsibilities that are not necessarily defined in this job description. This requires adaptability and a high collaborative team spirit.
∎ Job Purpose: Reporting to the Finance Manager, Finance Officer ensures that the delivery of financial support in the Bangladesh Country Office is effective and efficient in line with the strategic programme objectives. The job holder ensures compliance with donors’ regulations as well as Muslim Aid internal policies and procedures and provides support to the Senior Management Team as required. The job holder will be responsible for collecting and compiling financial reports from the project offices regularly and ensuring that the project offices of Muslim Aid follow the financial policy of MA & government rules and regulations.
∎ Key Accountabilities
∎ Financial Accounting­
∎ Implement and maintain effective accounting systems for the recording of all financial information
∎ Make payments after verification of the accuracy, validity, and legitimacy of all documentation ensuring, completeness of financial documents, (purchase requests, work orders, pro forma invoices), proper coding, and approval by responsible managers before payments are made­
∎ Review and ensure the correctness of monthly accounts and cash & bank reconciliations for timely submission into Fund EZ/QuickBooks/SUN and other agreed system­
∎ Ensure that supporting documentation and finance procedures are compliant with Muslim Aid and donor requirements
∎ Manage cash flow, ensuring that regular and accurate transfer requests are made
∎ Assisting The Finance Manager in the production of Muslim Aid financial reports, Financial Planning Sheets, and year-end as required.­
∎ Responsible for the management of staff payroll ensuring accurate and timely payment
∎ Ensure that the financial bills submission and payment are made following the financial policy of MABCO and government rules.­
∎ Ensure that all project offices deducted VAT/Tax at sources as per govt. rules and deposited to the govt. treasury regularly
∎ Ensure that the petty cash is managed and documented properly.
∎ MAITs, MACHs, and donor-funded projects­
∎ Set up and produce timely, accurate monthly management reports that analyze financial results, highlight variances, and monitor budgets, and assist with the interpretation of these reports to budget holders­
∎ Work with the relevant staff in the regional office to produce project budgets and forecasts as required, including the detailed budget sheets­
∎ Produce donor reports for designated projects.
∎ Accounting Management­
∎ Support Programme staff in the production of project budgets and proposals, advising on assumptions, risks, and opportunities contained within the budgets­
∎ Review and ensure that the financial aspects of all funding proposals meet Muslim Aid standards and requirements­
∎ Identify the financial information needed by the regional office and set up systems to ensure that these needs are met
∎ ­Undertake visits to field office(s) or partners to help ensure quality is maintained in all aspects of financial management.­   Support and ensures provident funds and gratuity calculation and timely disbursement to staff.
∎ Provision of Technical Support and Advice­
∎ Work with partners, helping set up accounting systems and procedures that are required by Muslim Aid. To monitor this work, highlighting any shortfalls and agree required management actions with relevant staff­
∎ Contribute to the efficient running of the team by assisting in the development of procedures and the improvement of standards across the organization working in conjunction with the Regional Finance team­
∎ Ensure that monthly budget monitoring is carried out and proactively keep the Regional Finance Team updated
∎ Other Responsibilities
∎ Be part of a multifunctional team that can assume tasks or responsibilities that are not necessarily defined in this job description. This requires adaptability and a high collaborative team spirit.

Skills & Expertise:

Compensation & Other Benefits:
∎ T/A, Mobile bill, Tour allowance, Provident fund, Weekly 2 holidays, Insurance, Gratuity
∎ Festival Bonus: 2
∎ As per organization’s policy

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Dhaka (Banani)

Company Information:
∎ Muslim Aid UK Bangladesh Field Office
∎ House# 13, Road# 27, Block- J, Banani Dhaka-1213, Bangladesh.

Address::
∎ House# 13, Road# 27, Block- J, Banani Dhaka-1213, Bangladesh.

Read Before Apply: Please apply only who are fulfilling all the requirements of this job

Application Deadline: 24 Aug 2024

Category: Accounting/Finance

Interested By University

University Percentage (%)
National University 21.84%
University of Dhaka 5.40%
Jagannath University 3.56%
North South University 1.71%
Southeast University 1.40%
Jahangirnagar University 1.33%
East West University 1.27%
Dhaka College 1.21%
University of Rajshahi 1.14%
Govt. Titumir College 0.83%

Interested By Age Range

Age Range Percentage (%)
20-30 57.52%
31-35 24.57%
36-40 10.03%
40+ 6.98%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 3.05%
20K-30K 13.08%
30K-40K 14.41%
40K-50K 44.83%
50K+ 24.63%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 25.52%
0.1 - 1 years 8.57%
1.1 - 3 years 17.90%
3.1 - 5 years 15.81%
5+ years 32.19%

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