Job Description
Title: Monitoring Officer – Finance, ISEC Project, Skills Development Programme (Project Staff)
Company Name: BRAC
Vacancy: --
Location: Cox's Bazar
Salary: Negotiable
Experience:
∎ At least 4 years
∎ The applicants should have experience in the following business area(s):NGO
Published: 25 Mar 2025
Requirements:
Additional Requirements:
∎ Bachelor’s/Master’s Finance or Accounting, demonstrating a strong foundation in financial principles and practices
∎ At least, 4 years’ practical experience in a related field such as financial monitoring, auditing, accounting, finance, budgeting, taxation or VAT compliance, showing hands-on expertise and familiarity with financial operations and regulations.
∎ Bachelor’s/Master’s Finance or Accounting, demonstrating a strong foundation in financial principles and practices
∎ At least, 4 years’ practical experience in a related field such as financial monitoring, auditing, accounting, finance, budgeting, taxation or VAT compliance, showing hands-on expertise and familiarity with financial operations and regulations.
Responsibilities & Context:
∎ Plan and conduct regular financial monitoring visits to BRAC offices of the project.
∎ Examine all financial records - including vouchers, ledgers, and supporting documents - for accuracy.
∎ Check Tax and VAT are correctly deducted at source, especially for the vendor payments.
∎ Ensure that all transactions are recorded to the appropriate account codes and proper audit trails are maintained.
∎ Provide support to BRAC Finance and Accounts department's relevant field operations staff to ensure that financial documentation complies with donor standards and BRAC's internal policies.
∎ Plan and conduct periodic financial monitoring visits to partner NGOs in accordance with the project monitoring framework.
∎ Verify financial reports, bank reconciliations, fund reconciliations, and supporting documents from partner NGOs for accuracy, completeness, and adherence to standards.
∎ Provide recommendations for enhancing financial monitoring processes based on monitoring findings and best practices.
∎ Strong coordination needed with partner NGO’s financial team and project implementation team.
∎ Establish and maintain a strong coordination channel with the MEAL, Communications, and Finance & Accounts teams of the programmes to integrate relevant data into reports, as required.
∎ 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.
∎ BRAC is an international development organization founded in Bangladesh that partners with over 100 million people living with inequality and poverty globally to create sustainable opportunities to realize potential.
∎ BRAC is implementing a skills development and livelihoods project called "Improving Skills and Economic Opportunities in Cox's Bazar (ISEC)" with the support of Global Affairs Canada (GAC) and in partnership with the ILO. The aim of the project is the economic empowerment of the host community in Cox’s Bazar district through gender-sensitive, market-relevant skills development. The ISEC project focuses on bolstering the economic empowerment and participation of various groups—especially women, people with disabilities, adolescents, and youths—within the host community of Cox's Bazar. A key objective of the project is to improve the employability and economic resilience of almost 24,000 individuals from the host community in Cox's Bazar.
∎ Major Responsibilities
∎ Plan and conduct regular financial monitoring visits to BRAC offices of the project.
∎ Examine all financial records - including vouchers, ledgers, and supporting documents - for accuracy.
∎ Check Tax and VAT are correctly deducted at source, especially for the vendor payments.
∎ Ensure that all transactions are recorded to the appropriate account codes and proper audit trails are maintained.
∎ Provide support to BRAC Finance and Accounts department's relevant field operations staff to ensure that financial documentation complies with donor standards and BRAC's internal policies.
∎ Plan and conduct periodic financial monitoring visits to partner NGOs in accordance with the project monitoring framework.
∎ Verify financial reports, bank reconciliations, fund reconciliations, and supporting documents from partner NGOs for accuracy, completeness, and adherence to standards.
∎ Provide recommendations for enhancing financial monitoring processes based on monitoring findings and best practices.
∎ Strong coordination needed with partner NGO’s financial team and project implementation team.
∎ Establish and maintain a strong coordination channel with the MEAL, Communications, and Finance & Accounts teams of the programmes to integrate relevant data into reports, as required.
∎ 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.
Compensation & Other Benefits:
∎ Festival Bonus, Health & Life Insurance and others as per organisation policy.
Workplace:
∎ Work at office
Employment Status: Contractual
Job Location: Cox's Bazar
Company Information:
∎ BRAC
∎ BRAC Centre, 75 Mohakhali, Dhaka-1212
∎ BRAC is an international development organisation founded in Bangladesh that partners with over 100 million people living with inequality and poverty globally to create sustainable opportunities to realise potential.
Address::
∎ BRAC Centre, 75 Mohakhali, Dhaka-1212
∎ BRAC is an international development organisation founded in Bangladesh that partners with over 100 million people living with inequality and poverty globally to create sustainable opportunities to realise potential.
Read Before Apply: Please apply only who are fulfilling all the requirements of this job
Application Deadline: 6 Apr 2025
Category: Accounting/Finance
