Finance Specialist - Accounts Payable and Bank

Job Description

Title: Finance Specialist - Accounts Payable and Bank

Company Name: Concern Worldwide

Vacancy: 1

Job Location: Dhaka

Employment Status: Contractual

Educational Requirements:
∎ M.Com (Accounting)/ MBA in Finance or Accounting with CA (CC) course completed.

Experience Requirements:
∎ At least 2 year(s)

Job Context:
∎ Type of Contract: Fixed Term Contract for 9 months
∎ Job Purpose : The Finance Specialist-Accounts Payable and Bank is responsible for ensuring that adequate funds are available in all accounts and that all payments to staff, suppliers and partners are made on time, complying with all financial policies, control mechanisms and taxation rules and ensuring efficient and timely consolidation of monthly head office and field based financial data and timely posting to the accounting system, this includes ensuring accuracy of financial data from all offices, transparent consolidation and proper financial legal compliance for the organisation

Job Responsibilities:
∎ Follow up and ensure all payments and receipts are made in a timely way, with complete and accurate documentation, in such a way as to provide professional and friendly customer service and enable smooth programme implementations.
∎ Ensure that all staff understand the payment procedures, timing, templates and required documentation and are confident about respective responsibilities in finance etc.
∎ Check and ensure documentation for the payment requests submitted to finance has all relevant papers attached, with proper approval and accurate coding and are properly justified.
∎ Review effectively all payment documentation to ensure full compliance with Concern's policies and practices, delegation of authority, standard best practices, donor requirements, GOB taxation and other regulations including deposits of Tax/VAT deducted at source within the required time.
∎ Ensure adequate funds are available in all accounts for head office, field offices and partners to support smooth implementation of programme activities.
∎ Ensure professional management of all bank accounts of the organization, including mandates, signatories and other legal formalities.
∎ Manage day to day correspondences with all banks and maintain good relation and liaisons with relevant point persons in the banks.
∎ Manage cash flow forecasting and assist preparing regular Funds Requests to Dublin.
∎ Ensure that all books of accounts in all offices are professionally produced, managed with integrity, accurately and timely updated and thoroughly reviewed and reconciled and any differences are resolved satisfactorily.
∎ To ensure efficient and timely consolidation of monthly head office and field based financial data and timely posting to the accounting system based on authorized documentary supporting evidence.
∎ Manage creditors' ledgers, accrual listing, advance registers and efficiently and accurately.
∎ Ensure that legal issues relating to finance are adequately addressed and resolved.
∎ Provide support to the Finance Team by ensuring neat and organized filing and safety of financial documents; as well as logistics for Finance Team.
∎ Provide common logistics support for the finance department as a whole.
∎ Participating actively in team planning and other meetings, working to set common objectives and goals and striving to ensure these are successfully achieved.
∎ Supporting colleagues to ensure proactive and timely support and resourcing is provided to the whole organisation.
∎ Enabling a friendly collaborative working culture within the team, actively sharing information and knowledge to enable the team to ensure effective support to the rest of the organisation.
∎ Working with other members of the Finance team in all offices to ensure effective payment to staff suppliers, consultants and compliance with all legal requirements.
∎ Orientating partner NGOs and other stakeholders on the HAP standards, and in particular the CRM
∎ Ensuring the CRM is implemented within the project(s) and is being followed up on by the partner NGO(s).
∎ Learn from experience through monitoring and evaluation so as to continually improve the programme quality

Additional Requirements:
∎ At least 02 years progressively responsible work experience in financial management in a development organization, preferably in an international NGO.
∎ Knowledge of current relevant taxation laws.
∎ Excellent understanding of internal control processes.
∎ Good understanding of Bangladesh banking systems.
∎ Computer literacy, particularly in Microsoft Office programmes such as Word and Excel as well accounting packages & other database competencies.

Compensation & Other Benefits:
∎ Insurance Coverage (Group life and hospitalization), OPD Allowance and Mobile Allowance

Application Deadline: 17 Mar 2021

Company Information:
∎ 14 Mar 2021
∎ Concern Worldwide

Category: Accounting/Finance