Job Description

Title: Project Finance Officer

Company Name: SNV Netherlands Development Organisation, Bangladesh

Vacancy: --

Location: Rajshahi

Salary: Negotiable

Experience:
∎ At least 5 years
∎ The applicants should have experience in the following business area(s):Development Agency, Public Relation Companies

Published: 23 Mar 2024

Education:
∎ Master’s in accounting with CA CC and Partly Qualified Professional Accountants (e.g. CA/CMA/ACCA) is preferrable.

Requirements:

Additional Requirements:
∎ At least 5 years’ professional work experience in Development sector or a similar organization preferably in international NGO in similar role.
∎ Experience in developing staff capacity both on financial and management aspects.
∎ Experience managing large and multi donor (especially EKN, FCDO, DGIS, BMGF, USAID, EU etc.) programme budgets.
∎ Excellent command of English language both written and spoken.
∎ Experience to closely work with project team and manage partners, consortium and multi country programme will get advantage.
∎ Experience in SAP/SAP by Design system is a clear advantage.
∎ At least 5 years’ professional work experience in Development sector or a similar organization preferably in international NGO in similar role.
∎ Experience in developing staff capacity both on financial and management aspects.
∎ Experience managing large and multi donor (especially EKN, FCDO, DGIS, BMGF, USAID, EU etc.) programme budgets.
∎ Excellent command of English language both written and spoken.
∎ Experience to closely work with project team and manage partners, consortium and multi country programme will get advantage.
∎ Experience in SAP/SAP by Design system is a clear advantage.

Responsibilities & Context:
∎ Records financial project data into systems, monitors and analyses project data. Executes, checks, and consolidates all necessary activities and checks to assure complete and correct allocation of project costs, in line with financial regulations, SNV financial standards and guidelines and donor requirements.
∎ Maintaining and monitoring an effective and efficient system of internal controls (i.e. ledger, balance sheet reconciliations, cash and bank management etc. in SAP by Design.) which comply with SNV’s financial guidelines and minimize the risk of fraud or misappropriation.
∎ Ensure that project financial management systems and records are adequate to identify and protect the assets and interest of the organization and Donor.
∎ Ensure that the systems and procedures in place enhance, as far as possible, the efficiency and effectiveness of the manner in which assets are utilized.
∎ Ensuring financial systems of the country program are operating in line with standard SNV’s procedures and they meet the monitoring and reporting requirements of the Country Management Team, Donors and National Authorities i.e. NBR and NGOAB.
∎ Ensure that the country financial operations comply with legal and statutory requirements e.g. audit and financial reporting to all relevant national authorities.
∎ With the support of the finance, HR, Procurement , Admin and program team keep up to date with donor regulations and ensure that all controls are in place to meet donor compliance.
∎ PFO performs financial, accounting and audit tasks including other tasks as requested by the line manager, CFM, upon need and specific request.
∎ PFO support all projects of SNV Bangladesh, in case of absence of other FO/FM and support to project reporting on a regular and timely basis.
∎ PFO is responsible for supporting CFM in any NGOAB and other Govt. related financial reporting and audit requirements.
∎ Will be responsible for EKN funded SUWC project, and some other potential project.
∎ Ensure that the accounting package -SBD (SAP by Design) is maintained in a proper manner, and utilized in an appropriate and effective manner.
∎ Facilitate internal, external and donor audits and associated reviews of field systems.
∎ Ensure that all statutory deductions & taxes in respect of national staff are complied with & to liaise with relevant authorities in this respect.
∎ Ensure the VAT and tax compliance and submit the report to authority in time.
∎ Context and purpose of the job
∎ The Project Finance Officer supports projects in their financial administration, ensuring the project finance is compliant to SNV policies and procedures as well as donor finance procedures, regulations and guidelines. The Project Finance Officer safeguards the finance control of projects, including budget and periodic progress monitoring and takes actions for overall profitability/financial health in line with the budget.
∎ Key activities
∎ Financial Accounting and Administration
∎ Records financial project data into systems, monitors and analyses project data. Executes, checks, and consolidates all necessary activities and checks to assure complete and correct allocation of project costs, in line with financial regulations, SNV financial standards and guidelines and donor requirements.
∎ Maintaining and monitoring an effective and efficient system of internal controls (i.e. ledger, balance sheet reconciliations, cash and bank management etc. in SAP by Design.) which comply with SNV’s financial guidelines and minimize the risk of fraud or misappropriation.
∎ Ensure that project financial management systems and records are adequate to identify and protect the assets and interest of the organization and Donor.
∎ Ensure that the systems and procedures in place enhance, as far as possible, the efficiency and effectiveness of the manner in which assets are utilized.
∎ Ensuring financial systems of the country program are operating in line with standard SNV’s procedures and they meet the monitoring and reporting requirements of the Country Management Team, Donors and National Authorities i.e. NBR and NGOAB.
∎ Ensure that the country financial operations comply with legal and statutory requirements e.g. audit and financial reporting to all relevant national authorities.
∎ With the support of the finance, HR, Procurement , Admin and program team keep up to date with donor regulations and ensure that all controls are in place to meet donor compliance.
∎ PFO performs financial, accounting and audit tasks including other tasks as requested by the line manager, CFM, upon need and specific request.
∎ PFO support all projects of SNV Bangladesh, in case of absence of other FO/FM and support to project reporting on a regular and timely basis.
∎ PFO is responsible for supporting CFM in any NGOAB and other Govt. related financial reporting and audit requirements.
∎ Will be responsible for EKN funded SUWC project, and some other potential project.
∎ Ensure that the accounting package -SBD (SAP by Design) is maintained in a proper manner, and utilized in an appropriate and effective manner.
∎ Facilitate internal, external and donor audits and associated reviews of field systems.
∎ Ensure that all statutory deductions & taxes in respect of national staff are complied with & to liaise with relevant authorities in this respect.
∎ Ensure the VAT and tax compliance and submit the report to authority in time.
∎ Duty station: Rajshahi with frequent travel to other project areas
∎ Contract Duration: This is a fixed term position for 2 years.
∎ Expected Joining Date: As soon as possible.
∎ Working Hours: Full time (minimum of 40 hours per week)
∎ Click link at the bottom part of the ad to view detail job ad.

Compensation & Other Benefits:
∎ Salary & Benefits: Competitive salary as per organisation salary structure. Provident fund, gratuity, group life insurance, critical illness for employee, hospitalization insurance coverage for employee and family member (spouse and children) and other benefits will be applicable according to the policy.

Employment Status: Contractual

Job Location: Rajshahi

Read Before Apply:

Female candidates are highly encouraged to apply for this position. If you believe that your credentials meet the outlined profile then, please provide your CV and motivation letter, combined maximum of 3 pages. SNV senior management will only review the CVs and motivation letters of those candidates whose experience and skill set matches the job description requirements.

In your motivation letter please answer the question: Why are you interested in the PFO position and what do you believe makes you the strongest candidate to fill the position?

Please follow the link below and submit your CV and motivation letter through SmartRecuriters by 07 April 2024.