Finance Officer

Job Description

Title: Finance Officer

Company Name: Shaathi Foundation

Vacancy: --

Age: Na

Job Location: Dhaka

Salary: Tk. 28000 (Monthly)

Experience:

• 2 to 3 years

• Bachelor’s degree in accounting, finance, business administration, or a related field (CA/CMA qualification is an advantage).

• 2 to 3 years

• Proven experience (minimum 2 to 3 years) in financial management, preferably within the non-profit or development sector.

• Strong understanding of accounting principles, financial reporting, and donor financial requirements.

• Experience with financial software and accounting systems (e.g., QuickBooks, Zoho Books).

• Excellent organizational and analytical skills, with attention to detail and accuracy.

• Strong communication and interpersonal skills, with the ability to collaborate effectively with diverse stakeholders.

• Ability to manage multiple tasks, work under pressure, and meet deadlines.

• Knowledge of financial regulations, compliance requirements, and grant management.

• Proficiency in Microsoft Office Suite, particularly Excel, for financial reporting and analysis.

• Fluency in both English and Bengali languages is required.

Shaathi is a social enterprise committed to eradicating period poverty, empowering women, and fostering community development in Bangladesh. We strive to create sustainable solutions to support women’s well-being and contribute to a more equitable society.

Job Description:

As a Finance Officer at Shaathi, you will be responsible for managing the organization’s financial operations, ensuring transparency, compliance, and effective financial planning to support our mission. You will work closely with the management and program teams to oversee financial reporting, budgeting, and financial analysis, ensuring that resources are allocated effectively to achieve Shaathi’s strategic objectives.

Key Responsibilities:

• Financial Management: Oversee day-to-day financial operations, including bookkeeping, budgeting, forecasting, and cash flow management to ensure sound financial health of the organization.

• Budgeting and Forecasting: Prepare, monitor, and review budgets for ongoing projects, ensuring alignment with donor requirements and Shaathi’s financial policies. Provide financial forecasting and advise management on budgetary concerns.

• Financial Reporting: Ensure accurate and timely financial reporting for management, donors, and other stakeholders. Prepare monthly, quarterly, and annual financial statements in compliance with organizational standards.

• Grant and Donor Management: Collaborate with the program and partnership teams to manage donor funds, ensuring compliance with grant agreements, and providing timely financial reports and audits to funders.

• Compliance and Audit: Ensure financial practices comply with all legal and regulatory requirements. Coordinate external audits, donor audits, and internal financial reviews, and address audit recommendations.

• Expense Monitoring: Track project expenditures to ensure they align with approved budgets and financial plans, flagging any discrepancies to the management team.

• Payroll and Payments: Process staff salaries, payments to vendors, and other operational expenses, ensuring timely and accurate transactions in compliance with financial policies.

• Financial Policies: Review, implement, and update Shaathi’s financial policies and procedures to strengthen internal controls and risk management.

• Collaboration: Work closely with program managers and the finance team to ensure alignment of financial resources with program objectives and provide support for financial decision-making.

• Financial Analysis: Conduct regular financial analysis to evaluate Shaathi’s financial performance, identify risks, and recommend corrective actions.