Financial Analyst, Finance & Accounts, BRAC Sierra Leone

Job Description

Title: Financial Analyst, Finance & Accounts, BRAC Sierra Leone

Company Name: BRAC International

Vacancy: Not specific

Job Location: Sierra Leone

Employment Status: Contractual

Educational Requirements:
∎ At least Bachelor Degree in Finance, Accounts, Statistics, Economics or related field.

Experience Requirements:
∎ At least 3 year(s)

Job Context:
∎ The purpose of role is to collect and analyze financial information and then make recommendations to management based on analysis. Monitor and advise management on the financial performance of the BRAC Sierra Leone microfinance program.
∎ Job Location: BRAC International Sierra Leone Country Office

Job Responsibilities:
∎ Perform financial forecast, reporting, and operational KPI tracking.
∎ Analyze financial data and create financial models for decision support.
∎ Report on monthly financial position and performance and analyse trends on a monthly basis.
∎ Analyze historical financial performances and positions, perform variance analysis, identify trends, and make recommendations for action.
∎ Work closely with the accounting team to ensure accurate financial reporting.
∎ Evaluate financial performance by comparing and analyzing actual results with plans and forecasts.
∎ Advice on the cost analysis process by establishing and enforcing cost accounting principles.
∎ Thoroughly review monthly management accounts, trial balances are drived from the system ledger and transaction lists.
∎ Formulate comprehensive report and recommend actions on analysis of the financial performance and positional report and communicate to the Head of Finance for review.
∎ Identify and initiate process improvements especially in the data processing area with high level excel dashboards skill.
∎ Monitor the liquidity position of the microfinance and flag early warning to the head of finance.
∎ Assess PESTLE factors in the local and international concept and bring the potential consequence to the performance.
∎ Advanced skill in financial analytics tool including advanced excel, power BI and query skills.
∎ Consolidate and analyze financial data (budgets, income statement, balance sheet, target Plan/forecasts etc) taking into account of BRAC Microfinance company’s goals and financial standing.
∎ Track costs and make trend analysis in compare to income.
∎ Review MF performance report and make trend analysis of the company’s businesses and submit regular report to management;
∎ Provide creative alternatives and recommendations to reduce costs and improve financial performance.
∎ Develop financial models, conduct benchmarking and process analysis.
∎ Reconcile transactions by comparing and correcting data.
∎ Gain and update job knowledge to remain informed about novelty in the field.
∎ Consult with management to guide and influence long term and strategic decision making within the broadest scope.
∎ Present accurate date to different stake holders including donor and Government and maintains transparency.
∎ Drive process improvement and policy development initiatives that impact the function.
∎ Upholds BRAC values and represent BRAC in external forum.
∎ Safeguarding:
∎ Ensure the safety of team members from any harm, abuse, neglect, harassment and exploitation to achieve the programme’s goals on safeguarding implementation. Act as a key source of support, guidance and expertise on safeguarding for establishing a safe working environment.
∎ Practice, promote and endorse the issues of safeguarding policy among team members and ensure the implementation of safeguarding standards in every course of action.
∎ Follow the safeguarding reporting procedure in case any reportable incident takes place, encourage others to do so.

Additional Requirements:
∎ At least 3 years working experience in MFI, Bank, NGO in financial sector;
∎ Hands on experience with statistical analysis.
∎ Computer proficiency on MS office;
∎ Orientation with ERP & finance module;
∎ Strong interpersonal/ communication skills;
∎ Proven knowledge of financial forecasting and diagnosis, corporate finance and information analysis;
∎ Well informed in current financial subjects, tax laws, money market and business environment.

Salary: Negotiable

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 18 Sep 2022

Company Information:
∎ 4 Sep 2022
∎ BRAC International
∎ Business : BRAC is a development success story, born in Bangladesh and expanding into 10 other developing countries in Asia and Africa. It spreads anti-poverty solutions making it a global leader in providing opportunities for the world’s poor.

BRAC was founded in Bangladesh in 1972 by Sir Fazle Hasan Abed, and is today one of the top leaders in developing cost-effective, evidence-based poverty innovations in extremely poor, fragile and post-disaster settings. BRAC started its first programme outside of Bangladesh in Afghanistan in 2002 through its Dutch registered Stichting BRAC International. BRAC International is currently reaching over 19 million people beyond Bangladesh and creating opportunities to break the cycle of poverty.

With a holistic approach that uses a wide array of interventions including microfinance, education, healthcare, legal services and more, BRAC invests in communities’ own human and material resources, catalyzing lasting change and creating an ecosystem in which the poor have the chance to seize control of their own lives. Of the world’s top development and humanitarian relief organisations, BRAC is one of the few based in the global south. In February 2019, BRAC was ranked as the number one NGO in the world for the fourth consecutive year by the Geneva-based NGO Advisor, an independent media organisation committed to highlighting innovation, impact and governance in the non-profit sector.

Category: Accounting/Finance

Source: bdjobs.com

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