Project Finance Officer

Job Description

Title: Project Finance Officer

Company Name: The Bangladesh Red Crescent Society

Vacancy: 1

Job Location: Dhaka

Employment Status: Contractual

Educational Requirements:
∎ Professional/academic qualification at master's level or higher in finance and accounting

Experience Requirements:
∎ At least 4 year(s)

Job Context:
∎ Duration of contract : 6 months (with possibility of extension).
∎ Reportable to : Manager (Vaccination) in close coordination with Director-Finance
∎ Duty station : National Head Quarters (NHQ), Moghbazar, Dhaka.
∎ Starting Date : As soon as possible.
∎ Job purpose: Strengthening Bangladesh Red Crescent Society (BDRCS)’s ongoing support to the National COVID19 vaccine deployment and rollout this incumbent will support the vaccination programme of the BDRCS and work closely with the operational team.
∎ The Finance Officer will provide the operational support in a daily basis to the project to ensure the effective running of the finance function by the BDRCS in line with the project budget and project proposal in close coordination with manager (Vaccination) along with Director, Finance and key partners in an effective, efficient, and timely manner. This post holder will also ensure all the project expenses are align with BDRCS standing order and standard compliance, rules, and procedure.

Job Responsibilities:
∎ Financial and Administrative Management of the Project:
∎ Maintain books of accounts, Prepare monthly, quarterly, and annual project Financial Reports in consultation with line Managers and relevant colleagues in the finance department as per prescribed format and timeline.
∎ Prepare bill, vouchers in accordance with organization policy and maintaining donor requirement and other relevant documentation.
∎ Preparation of payment, vouchers, cheques and posting of vouchers in cash/bank book/accounting software. Keep the accounts and financial management transparent and up to date for all concerned.
∎ Make payments after verification of the accuracy, validity, legitimacy of all documentation, ensuring, completeness of financial documents, (purchase requests, work orders, invoices), proper coding and approval by responsible managers before payments are made.
∎ Maintains appropriate filing of financial records including but limited to bills, invoices etc. and ensures proper backup of all files.
∎ Prepare monthly and quarterly project financial forecast in consultation with line Managers and communicate with finance department to ensure money is ready for project expenditure.
∎ Ensure payments of the expenses, bills, salary, Tax & VAT paid within the project budget following organizational procedures.
∎ Prepare monthly financial statement, bank reconciliation statement and others financial related statement.
∎ Maintain liaison with program staffs, participate in regular team meeting and render support as and when necessary.
∎ Work with the Senior Project Coordinator for the budget revisions and advise on their realism, consistency, and compliance.
∎ Audit & Risk Management:
∎ Responsible for complying government policy including VAT & Tax deduction at source and deposit to treasury as per Government rules.
∎ Provides advice and recommendations to program personnel on financial procedures and practices, as required.
∎ Keeping invoices, staff advances other financial documents and records properly & safely.
∎ Provide support to auditors in conducting audit of financial activities and response to audit observation if any.
∎ Implement corrective actions to manage financial risks.
∎ Ensure that accurate and complete accounting documents and any other information is available to all stakeholders for reference and future needs.
∎ Oversee project audit processes by preparing, facilitating, & ensuring smooth processes.
∎ Carry out any assigned task need to be accomplishing within the due time as instructed by Line Manager or competent authority.
∎ Duties applicable to all staff
∎ Actively work towards the achievement of the BDRCS goals
∎ Abide by and work in accordance with the Red Cross and Red Crescent principles
∎ Perform any other work-related duties and responsibilities that may be assigned by the line manager

Additional Requirements:
∎ Proven experience of development and managing of financial systems
∎ Solid experience in leading budgeting and financial planning
∎ Experience in working in a national/international development organisation
∎ Proven experience in general office management and administration including procurement and logistics
∎ Knowledge and Skills:
∎ Excellent computer skills (MS Office package, Word, Excel).
∎ Excellent communication and negotiation skills (oral and written)
∎ Excellent analytical, team working and communication skills
∎ Able to prioritize work, multi-task and meet deadlines
∎ Willing to travel and operate in a demanding working environment
∎ Knowledge and experience of accounting software packages
∎ Ability to work in demanding situations and sometimes under pressure and meet deadlines
∎ Languages: Excellent written and verbal communication skill in English and Bangla

∎ Up to 60,000 BDT (other benefits as per organization’s policy).

Job Source: Online Job Posting.

Application Deadline: 15 Jan 2022

Company Information:
∎ 30 Dec 2021
∎ The Bangladesh Red Crescent Society

Category: NGO/Development

: Departmental clearance will be required for internal candidates.If you think you are competent enough for the position, please apply online

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