Job Description

Title: Finance Officer, Qatar Red Crescent, Bangladesh (Re-advertisement)

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

Vacancy: 1

Location: Cox's Bazar

Minimum Salary: Negotiable

Experience:
∎ At least 3 years

Published: 18 Mar 2024

Education:
∎ BBA in Accounting/Finance
∎ BBA in Accounting/Finance

Requirements:

Additional Requirements:
∎ 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.
∎ 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.
∎ Fluently spoken and written command in English as well as Bangla language.
∎ 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.

Responsibilities & Context:
∎ 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.
∎ 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.
∎ Duration of the contract: 12 months, with possible extension
∎ Based in: Cox’s Bazar
∎ Reporting to: Head of Mission, Qatar Red Crescent, Bangladesh
∎ The International Federation of Red Cross and Red Crescent Societies (IFRC) is the world’s largest humanitarian organization, with a network of 191-member National Societies (NSs). The overall aim of IFRC is “to inspire, encourage, facilitate, and promote at all times all forms of humanitarian activities by NSs with a view to preventing and alleviating human suffering and thereby contributing to the maintenance and promotion of human dignity and peace in the world.” IFRC works to meet the needs and improve the lives of vulnerable people before, during and after disasters, health emergencies and other crises.
∎ IFRC is part of the International Red Cross and Red Crescent Movement (Movement), together with its member National Societies and the International Committee of the Red Cross (ICRC). The work of IFRC is guided by the following fundamental principles: humanity, impartiality, neutrality, independence, voluntary service, unity, and universality.
∎ IFRC is led by its Secretary General, and has its Headquarters in Geneva, Switzerland. The Headquarters are organized into three main Divisions: (i) National Society Development and Operations Coordination; (ii) Global Relations, Humanitarian Diplomacy and Digitalization; and (iii) Management Policy, Strategy and Corporate Services.
∎ IFRC has five regional offices in Africa, Asia Pacific, Middle East and North Africa, Europe, and the Americas. IFRC also has country cluster delegations and country delegations throughout the world. Together, the Geneva Headquarters and the field structure (regional, cluster and country) comprise the IFRC Secretariat.
∎ The Bangladesh Country Office’s mission is to support the Bangladesh Red Crescent Society (BDRCS) in fulfilling their mandate in close cooperation with Red Cross and Red Crescent Movement partners as well as other relevant organizations, to coordinate and direct international assistance and to provide representation to international and regional organizations. QRCS as a partner national society with its presence in Cox’s Bazar since 2017, has been delivering humanitarian assistance to Forcefully Displaced Myanmar Nationals (FDMN) in the health, shelter, wash and protection sectors through Bangladesh Red Crescent Society in the camps and hoping to expand beyond Cox’s Bazar. This position will look after overall finance and budgeting unit of the QRCS Bangladesh Delegation office.
∎ 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:
∎ Key Areas of Accountability:
∎ 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.
∎ 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.

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

Employment Status: Contractual

Job Location: Cox's Bazar

Read Before Apply:

Interested candidates are requested to submit the application to this email ID bangladesh.delegation@ifrc.org on or before 24 March 2024. Please state your expected salary in the application.

Please note that this position will close on 24 March 2024, Bangladesh Standard Time. However, IFRC reserves the right to fill the role prior to the advertisement end date. As such, candidates are encouraged to apply at their earliest convenience.

Only short-listed candidates will be contacted.