Senior Director - Finance and Administration

Job Description

Title: Senior Director - Finance and Administration

Company Name: Sesame Workshop

Vacancy: --

Location: Dhaka

Salary: Negotiable

Experience:
∎ 10 to 12 years
∎ The applicants should have experience in the following business area(s):Development Agency

Published: 9 May 2024

Education:
∎ M.Com in accounting/finance/management or MBA major in finance or accounting; (Qualified CA or ICMA is preferred)
∎ M.Com in accounting/finance/management or MBA major in finance or accounting; (Qualified CA or ICMA is preferred)

Requirements:

Additional Requirements:
∎ 10-12 years of working experience in a senior level management position with INGO/development organizations
∎ At least 5 years’ experience managing USAID-funded project is required; additional experience with other Donors (EU, GIZ, GAC, UN, FCDO) preferred
∎ Experience working with Govt. and local fund would be a plus
∎ Demonstrate knowledge of advanced accounting, finance procedures, BAS, IFRS and GAAP
∎ Thorough understanding of financial, accounting, reporting and financial management processes
∎ Demonstrated knowledge and experience applying USAID rules and regulations, 2 CFR 200, Auditing Principles and local laws
∎ Strong analytical and result-oriented skills
∎ Skills on budgeting, accounting and financial reporting including donors
∎ Ability to establish new systems, SOP, processes and procedures
∎ Ability to work with a team
∎ Strong oral and written communication skills
∎ Proficiency in Microsoft Office including Excel and Word and good skills at using financial software applications (Tally, NetSuite, QuickBooks)
∎ Ability to implement and complete tasks independently and on time
∎ High standards of ethics and integrity
∎ Ability to handle multiple priorities, and work under strict deadlines
∎ Must be fluent in written and spoken English and Bangla
∎ 10-12 years of working experience in a senior level management position with INGO/development organizations
∎ At least 5 years’ experience managing USAID-funded project is required; additional experience with other Donors (EU, GIZ, GAC, UN, FCDO) preferred
∎ Experience working with Govt. and local fund would be a plus
∎ Demonstrate knowledge of advanced accounting, finance procedures, BAS, IFRS and GAAP
∎ Thorough understanding of financial, accounting, reporting and financial management processes
∎ Demonstrated knowledge and experience applying USAID rules and regulations, 2 CFR 200, Auditing Principles and local laws
∎ Strong analytical and result-oriented skills
∎ Skills on budgeting, accounting and financial reporting including donors
∎ Ability to establish new systems, SOP, processes and procedures
∎ Ability to work with a team
∎ Strong oral and written communication skills
∎ Proficiency in Microsoft Office including Excel and Word and good skills at using financial software applications (Tally, NetSuite, QuickBooks)
∎ Ability to implement and complete tasks independently and on time
∎ High standards of ethics and integrity
∎ Ability to handle multiple priorities, and work under strict deadlines
∎ Must be fluent in written and spoken English and Bangla

Responsibilities & Context:
∎ Oversee the strategic direction and leadership of SWB Finance and Administration functions
∎ Effectively identify and manage financial risks and develop mitigation plans
∎ Be an active member of Country Management Team (CMT) to strategize country program and support the Managing Director in country program operations
∎ Closely work with fund-raising team with a goal of making organization sustainable
∎ Develop and manage long-term financial planning in line with organizational policies
∎ Analyze financial performance of the country operation with regular monitoring, revisions, and updates of in-country financial policy
∎ Develop capacity building initiatives for the development of SWB finance staff; and set financial performance standards and re-engineering processes for smooth operations
∎ Provide budget and report monitoring and compliance oversight of all sub-recipients with applicable standards and donor requirements
∎ Lead financial recording process complying with Bangladesh Accounting Standards (BAS), GAAP and IFRS
∎ Ensure timely and accurate recording of transactions in the financial accounting system (Tally-ERP-9), while exploring the possibility of transitioning to a new online accounting platform, such as QB Online and/or NetSuite, for improved efficiency and scalability
∎ Verify daily/weekly posting of transactions as well as month end with overhead allocation, revenue recognition and closing of monthly and annual books of accounts.
∎ Maintain proper financial files and records for accuracy and accessibility, particularly during audits
∎ Position Profile
∎ Sesame Workshop Bangladesh seeks an experienced Senior Director of Finance and Administration to provide leadership and direction to the SWB finance and Administration team with close oversight and monitorization of all financial and accounting systems, policies, procedures, compliance, and internal controls.
∎ The Sr. Director is based in Dhaka and reports to the Managing Director. As a member of the Country Management Team (CMT), the Sr. Director is responsible for leading and ensuring strategic direction and effective financial management and operations for the Bangladesh country office. The Sr. Director will strengthen and evolve established systems and appropriately manage risk to ensure compliant operations, including the establishment and management of high-functioning reporting, control, and monitoring systems for SWB and its partner organizations (sub-recipients). The Sr. Director will oversee complex day-to-day financial operations; coordination with internal and external partners, donors, and the Sesame Workshop headquarters team based in New York.
∎ PRIMARY RESPONSIBILITIES
∎ Strategic Direction:
∎ Oversee the strategic direction and leadership of SWB Finance and Administration functions
∎ Effectively identify and manage financial risks and develop mitigation plans
∎ Be an active member of Country Management Team (CMT) to strategize country program and support the Managing Director in country program operations
∎ Closely work with fund-raising team with a goal of making organization sustainable
∎ Financial Performance and Standards:
∎ Develop and manage long-term financial planning in line with organizational policies
∎ Analyze financial performance of the country operation with regular monitoring, revisions, and updates of in-country financial policy
∎ Develop capacity building initiatives for the development of SWB finance staff; and set financial performance standards and re-engineering processes for smooth operations
∎ Provide budget and report monitoring and compliance oversight of all sub-recipients with applicable standards and donor requirements
∎ Lead financial recording process complying with Bangladesh Accounting Standards (BAS), GAAP and IFRS
∎ Ensure timely and accurate recording of transactions in the financial accounting system (Tally-ERP-9), while exploring the possibility of transitioning to a new online accounting platform, such as QB Online and/or NetSuite, for improved efficiency and scalability
∎ Verify daily/weekly posting of transactions as well as month end with overhead allocation, revenue recognition and closing of monthly and annual books of accounts.
∎ Maintain proper financial files and records for accuracy and accessibility, particularly during audits
∎ Department: Finance and Administration
∎ Reports to: Managing Director
∎ Job Location: SWB Country Office, Dhaka, Bangladesh
∎ Type of position: One year contract with possibility of extension
∎ Click link at the bottom part of the ad to view detail job ad.

Compensation & Other Benefits:
∎ Salary: Competitive Salary package with other admissible benefits including annual festival bonus, provident fund, gratuity fund, reimbursable medical allowance, health insurance, and communications allowance. Tax will be applicable as per Bangladesh Government rules.

Employment Status: Full Time

Job Location: Dhaka

Read Before Apply:

Please send your updated CV, properly filled-out SWB Employment Application Form along with a cover letter [email protected]. The deadline of the application is May 16, 2024. SWB Employment Application Form is available here. When applying mention the title of the position "Application for Senior Director - Finance & Administration" in the subject line of your email. We will only invite you for an assessment if you are on our shortlist. Good luck!

"Female candidates are highly encouraged to apply"

Note: There is no cost involved with applying for positions at Sesame Workshop Bangladesh. Any solicitation of fund / money from job applicant should be regarded as fraudulent.



Apply URL::

Apply Procedure:

Company Information:
∎ Sesame Workshop
∎ Concord PolicePlaza, Level 8, Tower 1, Gulshan 1 Dhaka 1212

Address::
∎ Concord PolicePlaza, Level 8, Tower 1, Gulshan 1 Dhaka 1212

Application Deadline: 16 May 2024

Category: NGO/Development

Source: bdjobs.com

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