Finance Officer, Qatar Red Crescent, Bangladesh

Job Description

Title: Finance Officer, Qatar Red Crescent, Bangladesh

Company Name: International Federation of Red Cross and Red Crescent Societies.

Vacancy: 1

Job Location: Cox's Bazar

Employment Status: Contractual

Educational Requirements:
∎ BBA in Accounting/Finance

Experience Requirements:
∎ At least 3 year(s)

Job Context:
∎ Duration of the contract : 06 months, with possible extension
∎ Based in : Cox`s Bazar
∎ Reporting to : Head of Mission, Qatar Red Crescent, Bangladesh
∎ Job Purpose:
∎ The Finance Officer is mainly responsible for look after overall finance, accounts & budgeting to ensure Bangladesh Mission Office operation is fully complied with QRC policy & procedure and donor audit requirements and relevant documents are duly implemented. S/he will be responsible for financial management oversight of the programs, maintaining consolidated programs accounts, cash flow management and payment processes. This resource will work closely with Head of Mission-QRCS, Bangladesh, Head of Finance-HQ and implementing partners to ensure the financial principles of the contract are complied with and that proper accounting records are maintained for reporting to Qatar Red Crescent. This position will be responsible for ensuring and delivery of supplies and the application of an efficient commodity and logistics system for the programs in accordance with donor requirements. S/he will be also responsible for ensuring organization is complied with QRC financial policies, financial implications. The Finance Officer is responsible for overall grant and sub-grant management of the program, ensuring compliance with QFFD, KRC and other donors as well as QRC rules and regulations. The incumbent will plan and lead Implementing Partner capacity building initiatives in proper fund management. S/he is expected to coordinate with RCRC partners finance, admin & Procurement that activities are done as per program plan. Maintain close coordination with Head of Mission, Bangladesh & HQ finance team at Doha. Monitor QRC and partner expenditure as per approved budget. Job Duties and Responsibilities:

Job Responsibilities:
∎ A. Financial Management of QRCS and ongoing project of QRCS (80% of time):
∎ Lead to ensure annual budget planning, preparation, necessary revision and budgetary management and control.
∎ Conduct regular monitoring of program budgets and keep the QRC management updated.
∎ Coordinate and arrange approval from HoM, donor HQ for budget, expenditure, modification, sub-grants approval.
∎ Ensure Quick book entries are updated.
∎ Ensure monthly finance report submits within the deadline.
∎ Ensure financial control and managing risk.
∎ Ensure conformity to the policies and procedures of the contract with specific emphasis on:
∎ Financial Management & Controls
∎ Financial Planning, Budgeting and Forecasting
∎ Financial Monitoring & Audits
∎ Monitor and retain financial records.
∎ B. Program Management (20%):
∎ Support, and strengthen financial management, accountability, and capacities of partners in accordance with the principles of the contract.
∎ Develop and provide grants management support.
∎ Ensure proper financial monitoring of partners including audit of funds provided.
∎ Ensure partners comply with the policies and procedures as per contract and retain appropriate financial records.

Additional Requirements:
∎ Experience:
∎ Three (3) years practical experience in Finance Mandatory
∎ At least One (1) year working experiences for an INGO/NGO/Corporate /humanitarian aid organisation in Finance.
∎ Extensive working experience, ideally in an INGO/Corporate environment but experience of audit and Corporate & government organization would also be advantageous.
∎ Must have direct experience of financial management in Donor Funds.
∎ Previous experience working in a multi-disciplinary team in a health sector.
∎ Experience in Red Cross/Red Crescent Finance and logistics systems.
∎ Advance excel knowledge.
∎ Developing budgets, plans and financial analysis.
∎ Management of a team with a minimum of 3 direct/or indirect reports.
∎ Knowledge and Skills:
∎ Project Financial management and data analysis skills.
∎ Ability to work with minimum supervision.
∎ Proficiency Excel, MS Word, an accounting package and emailing.
∎ Ability to understand and work with project budgets, forecasts, and reports.
∎ Capacity to work under pressure.
∎ Ability to work to tight deadlines and handle multiple tasks.
∎ Advanced knowledge of accounting concepts.
∎ Confidential approach when dealing with people's information.
∎ Languages: Fluently spoken and written command in English as well as Bangla language.

Compensation & Other Benefits:
∎ Festival Bonus
∎ Life & Medical Insurance
∎ Provident fund
∎ Mobile & Transport Allowance
∎ Medical reimbursement for staff and immediate family up to 70,000 BDT per annum.

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 21 Nov 2023

Company Information:
∎ 13 Nov 2023
∎ International Federation of Red Cross and Red Crescent Societies.
∎ Business : The International Federation of Red Cross and Red Crescent Societies, (IFRC) is the world`s largest humanitarian organisation. The IFRC Country Office in Bangladesh has worked alongside the Bangladesh Red Crescent Society (BDRCS) for more than 30 years in humanitarian fields including disaster management, with a focus on the cyclone early warning and response programme in the coastal belt, and disaster preparedness and response during natural disasters.

Category: NGO/Development

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