Head of Finance

Job Description

Title: Head of Finance

Company Name: LAMB

Vacancy: 1

Age: At least 40 years

Job Location: Dinajpur (Parbatipur)

Salary: Tk. 80754 (Monthly)

Experience:

• At least 20 years

A master’s degree in accounting, finance, or a related field; professional accounting qualification (e.g., CA, ACCA, CMA) is highly preferred.

At least 20 years of experience in financial management, with at least 7 years in a supervisory and leadership role.

Strong understanding of financial statistics and accounting principles.

Working knowledge of all statutory legislation and regulations.

Proven experience in financial planning and analysis with previous experience overseeing finance, accounting, budgeting, control, and reporting.

• At least 20 years

• Age At least 40 years

LAMB is a well-run major mission Hospital, Community Health Development, Training and Research organization. Services cover more than 6.3 million people in North West Bangladesh.

There are vacancies for the following contractual position based at LAMB Hospital, Parbatipur, Dinajpur. 

Job Summary: Manage, oversee, and perform duties related to the Financial and Accounting aspects for the Organization. Maintain and provide financial data and information about all organizational activities that will assist Management, the Board and other users in making decisions. Accountable for leading the Finance Team in managing the organization’s financial and accounting policies, systems and processes, tax and regulatory requirements, payroll systems and processes and controls, as well as producing and maintaining the annual budget. Provide leadership and coaching to the Finance Team.

Job Responsibilities

Overall Organization Management/Responsibilities

• Working with Finance Manager for all departments coordination on financial related matters.

• Working with Finance Manager for all banking and fixed deposit reserves related matters – monitoring changes and trends of exchange rate.

• LAMB assets management both departmental and projects ( especially asset donation/transfer from project to LAMB )

• Working with Internal Auditor with regards to internal audits corrective actions.

• Provide training to all departmental and projects finance personnel on financial policies and other financial management related matters, working together with Senior Finance Manager and Finance Manager.

• Working on budgeting and budget revision with all the Directors.

• Working with Project Director, HR Director, Executive Director and Regional Finance Director to fulfill requirement for Organization Assessment as needed and required by donors and/or partners.

• Working together with Project Director and/or Senior Finance Manager for tracking of donors’ fund received and advances/loans for project fund.

• Working with Regional Finance Director for particular project assigned and any other related matters.

LAMB’s financial systems including oversight and compliance

• Assume overall responsibility for donor financial reporting, ensuring compliance with any legislative and donor requirements.

• Ensure that the accounting package is maintained in a proper manner and utilized in an appropriate & effective manner working together with Senior Finance Manager.

• Establish & maintain a donor financial management system to optimize funding & to ensure efficient & accurate reporting to donors working with Senior Finance Manager.

• Review existing systems on an on-going basis in order to develop and improve internal controls, in compliance with LAMB’s policies and procedures.

• Maintain an effective & efficient system of internal controls which comply with LAMB financial guidelines or policies.

• Maintain a strong control environment, ensuring accounting records are complete and accurate.

• Lead on the development of financial process and systems, contributing to more effective financial control.

• Ensure office accounts are maintained in accordance with LAMB’s finance systems and donor requirements.

• Ensure LAMB tax payments and other statutory obligations such are administered in accordance with Bangladesh law.

• Ensure adequate controls over cash and bank management are constantly monitored and updated to minimize the risk of fraud and misappropriation.

• Ensure that all financial records & accounts are compiled timely, accurately and in line with international accounting standards & donor regulations.

Provide senior level advice, information and analysis to the Executive Director and Directors on all aspects of program financial and management.

• Provide technical financial advice and expertise where required.

• Monitor all financial activities of all situations which have the potential for a negative impact on internal controls.

• Ensure that the systems in place enhance, as far as possible, the efficiency and effectiveness of the way assets are utilized.

• Assume overall responsibility for developing and maintaining the Budget – including identifying funding gaps and proposing pro-active solution to managing those gaps.

• Support developing new project budgets as required.

• Provide training to staff across the financial policies and procedures

Participate in the effective and efficient management of the LAMB program and contribute to its organizational development.

• Support NGO partners in the development of sound finance systems and the management of funds, as required.

• Any other tasks as may be reasonably required.

Salary: Tk. 80,754/- per month gross salary, inclusive all benefits. The remuneration package includes a provident fund, contract end allowance, conveyance allowance, medical benefit, critical illness and death benefit, and recreation contribution.