Finance Officer

Job Description

Title: Finance Officer

Company Name: Zakat Foundation of America

Vacancy: 1

Age: Na

Job Location: Dhaka

Salary: Tk. 50000 - 55000 (Monthly)

Experience: --

Published: 2026-05-11

Application Deadline: 2026-05-16

Education:

Requirements: --

Skills Required:

Additional Requirements:

Responsibilities & Context:

Job Description

The Finance Officer is responsible for providing financial support to the Zakat Foundation of America, Bangladesh Country Office. The Finance Officer will assist the Country Director in the overall Accounting and Finance issues of the country office. The Finance Officer reports to the Country Director, as well as maintaining direct contact with the Senior Accountant at the Zakat Foundation of America HQ Office in Chicago.

Financial Management:

·        Manage ZFA Bangladesh day-to-day financial transactions, including accounts payable, accounts receivable, and payroll processing.

·        Process financial transactions, including payments, receipts, and invoices.

·        Preparing allotments for the project expenses.

·        Maintain accurate and up-to-date operational and non-operational financial records using accounting software.

·        Prepare financial reports, budgets, and forecasts as required by management.

·        Preparation and maintenance of the Project Budget to ensure data is complete and maintained on a timely basis.

·        Analyze differences in the projections and actual spending and submit adjustments as required

·        Ensure proper filing and documentation of all financial transactions.

Budgeting and Forecasting:

·        Assist in the development and monitoring of organizational budgets following the ZFA’s HQ guidelines.

·        To forecast and monitor expenditures of the project and communicate results with the relevant staff.

·        Track expenses against budget allocations and provide regular updates to management.

·        Identify areas for cost-saving measures and efficiency improvements.

·        Coordinate the annual budgeting process in collaboration with program managers and other departments

·        Monitor budget utilization and expenditures against approved budgets.

Compliance and Reporting:

·        Ensure compliance with relevant financial regulations and internal policies.

·        Prepare financial documentation for audits and assist auditors during annual audits.

·        Prepare quarterly, semiannual, and annual financial reports as per donor requirements, ensuring it is complete, accurate, and produced on time to ensure adequate review, approval, and submission to the Project Manager.

·        Submit financial reports to relevant government agencies and funding partners in a timely manner.

·        Support the implementation of internal control measures.

·        Documentation and submission of the financial report to the government agency as required by law

·        Tax Clearance with the Ministry of Finance.

·        On a monthly basis, prepare Budget Versus Actual reports for both fees and reimbursable reports and send them to the relevant staff.

·        Ensuring that project expenditures and contract payments are made in accordance with the terms and conditions of the contracts.

·        Review the budget and actual expenses and forecasting results on an ongoing basis and communicate status to the relevant staff on time

·       Assist internal and external auditors during audits and provide necessary financial documents, records, and explanations.

·        Follow up audit observations and recommendations.

·        Maintain internal financial controls and accountability mechanisms

·        Commitment to organizational values, policies, and code of conduct.

·        Perform any other finance and administrative duties assigned by the supervisor or management.