Finance Officer

Job Description

Title: Finance Officer

Company Name: World Vision Bangladesh Rohingya Crisis Response (WV BRCR)

Vacancy: 01

Age: 28 to 40 years

Job Location: Cox`s Bazar (Ukhia)

Salary: Negotiable

Experience:

• At least 3 years
• The applicants should have experience in the following business area(s): NGO, Development Agency

• Bachelor of Commerce (BCom) in Accounting
• Bachelor of Commerce (BCom)
• Master of Commerce (MCom)
• Master of Commerce (MCom) in Management

• At least 3 years
• The applicants should have experience in the following business area(s): NGO, Development Agency

• Age 28 to 40 years

• Understand development issues

• Basic knowledge and skills in accounting

• Good time management, organizational and interpersonal skills

• Ability to speak and write reports in English

• Competent in the use of computer programs (spreadsheets)Basic knowledge and skills in accounting with any Accounting Software

• Strong Financial Analysis skills

• At least 3 years’ experience in a similar field.

• World Vision experience

• Achieving Capabilities:

• Achieving quality accurate results and service on time

• Practicing accountability and integrity

• Communicating information effectively (well analysed and researched) and timely

• Self-Managing Capabilities:     

• Demonstrating Christ-center life and work

• Learning for growth and development

• Maintaining work/life balance and effectiveness

• Thinking Capabilities

• Thinking critically, clearly, deeply and broadly

• Understanding the Humanitarian Industry

• Understanding World Vision’s mission and operations

• Practicing innovation and creativity

• Relational Capabilities:

• Building collaborative relationships

• Practicing gender and cultural diversity

• Influencing individuals and groups

• Ensures finance staff capacity is strengthened and timely flagging any potential financial risk and development and implementation of good internal controls, utilization and safe guarding of assets according to WV approved policies and procedures, set high quality performance targets. 
• Ensures adherence to technical standards, best practices and compliance with WVB/WVI FM etc., requirements and guidelines. Providing real time accurate financial data, analysis and advice.
• Ensures effective and efficient financial management. Lead and manage the direct report team members in an efficient delivery of high quality services and responsive solution in financial management to achieve short and long-term agreed objectives in alignment with World Vision Bangladesh strategic objectives and ensure compliance of WV Partnership and law of the land.
• Ensures WVI Financial policies & procedures are adhered to.
• The position is accountable for the following:
• Prepare book keeping:
• Primary Review of all payment request Vendor and staffs.Desk Audit for payment. Monthly Cash Advance Request/ forecast.Regular basis communication with operation staffs Tax/VAT Challan Prepare and deposit to the bank monthly VAT/Tax certificate prepared and provide to Vendors.Coordinate to Grant Stakeholder for Direct charging .Help for Cash Forecast for next month.Coordinate with partner NGOs for monthly financial settlement.Record all payment request receive.Monthly Cash Request / forecast (PPA)Copy of Advance maintain separate file.Monitor Ageing Analysis daily basis.Ensure all Vendor BPS before payment.Prepare instruction for Online Payment based on approved CD voucher.Post all data in SUN.Clear Accruals monthly basis.Coordination of Internal and External audit.Provide Payment status to Staff, SCM & Admin department.Maintain Voucher Filling, custodian and in-out Register.Support and ensure CDA payment and Settlement on time.Giving guidance on internal controls, reviews and advice areas of improvement to the management.Planning and coordination of Response Office internal & other external statutory audits including timely management responses and ensuring implementation of the recommendations.Review the existing internal control structure and strengthen internal control system at all level.Perform any other activities as may be assigned by the Supervisor.Monitor changes in government legislation e.g. on taxation as they affect office operations e.g. effect of any new legislation on employees’ tax base and ensure that legal and government requirements from accounting part are met.Design and manage systems, policies and procedures that provide appropriate levels of security and control of RO assets, resources and operations.Implement anti-corruption and fraud strategies.Ensure compliance of Finance and purchasing policies.Contribute to the central purchase committee to ensure financial compliance.Facilitate the completion of external audit report for submission to the NGO Affairs Bureau within 60 days after completion of the fiscal year.
• Ensures proper Treasury Management, Cash Management, Asset & Insurance:
• Ensure that there is a proper monitoring system of cash in the banks for conducting WV-Bangladesh activities.Ensures that there is proper monitoring of petty cash in WVB and cash in hand internal controls are in place as effectiveness is ensured.Conduct reviews daily and surprise cash counts and reconciliations / certificates for accuracy and completeness while ensuring that all relevant cash controls are followed in place.Oversee and supervise WV Bangladesh cash and investment management (treasury cash and cash in bank throughout WV Bangladesh operation.Cash flow preparation and funding, by providing timely and relevant information to budget managers, in collaboration with the Finance Coordinators.Establish effective cash management and follow-up implementation of audit recommendations.Improve the status of asset management and facilitate the process to ensure half-yearly physical verification of assets and reconciliation with the asset register.Preparation and dissemination of the monthly exchange rate to be used in Sun systems.
• Ensuring proper management of Receivables and Payable ensuring smart and efficient systems for processing payments:
• Review all payment requisitions and vouchers for correct coding and charging of cost centers, proper authorization and supporting documents in line with WVB finance policy to ensure completeness and accuracy.Conducting the reviewing and posting Sun systems transactions.Conduct the accurate account allocation for supplier ledgers and Generate payments (GP)Ensures correct Batch payments with clarity regarding the currencies and proper approvals are obtained.Ensures that all receivables are properly managed and duly tracked.Ensures that AP process, Online Banking and BEFTN systems are functional.Payments are processed on time and to the right payee.Ensures that all PA & SA’s are properly processed.
• Strategic Networks:
• Develop good networks and relationships with other finance staffs, Banks, other external customers, also attend, and actively participate in strategic management meetings.Liaise with appropriate WV offices regarding financial and accounting issues.Perform any other activities as may be assigned by the Supervisor.
• Professional and personal development:
• Practice servant leadership and be a role model for the beneficiaries, community, team and peers, promoting value transformation.Work and life balance.Performance review completed and development goals achieved.Increased professionalism as career plan that is consistent with World Vision’s strategic intent.

• Mobile bill,Weekly 2 holidays,Insurance

As per Organizational policy.