Senior Finance Officer

Job Description

Title: Senior Finance Officer

Company Name: Bangladesh Legal Aid and Services Trust (BLAST)

Vacancy: 1

Age: At least 30 years

Job Location: Dhaka

Salary: Tk. 50000 - 55776 (Monthly)

Experience:

• At least 3 years
• The applicants should have experience in the following business area(s): NGO,Development Agency

• Master of Business Administration (MBA) in Finance

• At least 3 years
• The applicants should have experience in the following business area(s): NGO,Development Agency

• Age At least 30 years
• Only Female

• Leadership

• Team building

• Capacity Building

Position Overview:

The Senior Finance Officer is a key position within the finance department, responsible for managing financial activities, ensuring compliance, and providing support for effective financial decision-making within the projects (Safe Plus, WEARS, PGJ, and LA) under the gender justice and economic justice cluster.

Key Responsibilities:

1.    Financial Management:

• Ensure day-to-day financial operations, including accounts payable, accounts receivable, and general ledger activities.
• Ensure timely disbursement of funds as per projects under the cluster needs.
• Prepare the project budget following the logical frame and project proposal in collaboration with cluster and programme specialists.
• Ensure payments to vendors for goods and services within a reasonable time and certainly within the contract period.
• Prepare for generating/adjusting journal entries timely and accurately if so, required for adjusting and correction purposes.
• Checking bank reconciliation statements at the end of each month
• Ensure accurate and timely recording of financial transactions following organizational policies and accounting standards through accounting software (tally).

2.    Budgeting and Forecasting:

• Collaborate with programme specialists, cluster leads and other departments to assist in the development and monitoring of budgets.
• Prepare/consolidate project budgets as required and oversee implementation and use of budgets.
• Monitor progress on expenditure and prepare regular reports to the Donors add NGO Affairs Bureau
• Assisting in preparing the annual/periodic budget following the project
• Provide support in financial forecasting and analysis to assist decision-making processes.

3.    Financial Reporting:

• Prepare regular financial reports e.g. Balance Sheets, Income and Expenditure Statements, Receipts and Payments Statements etc. for internal management and external stakeholders.
• Submit financial statements and program/activity-wise analysis of expenditure and receipts as per the accounts manual to the management.
• Ensuring periodic (monthly/quarterly/ half-yearly and yearly) financial reports for donors.
• Ensure compliance with donor requirements and reporting guidelines for funded projects.

4.    Grant Management:

• Work closely with cluster teams to review and monitor project budgets related to grants.
• Prepare FC-1, FD-2, FD-3 and F-6 for new project budget and revised budget
• Support in preparing financial reports for grant-funded projects and liaise with donors and NGOAB as necessary.

5.    Audit and Compliance:

• Assist in the preparation for internal and external audits, ensuring all necessary documentation is readily available.
• Ensuring deduction of tax and VAT at source from the suppliers and service providers.
• Ensuring that tax deducted at source have been deposited to the govt. exchequer on a timely basis.
• Ensure compliance with financial policies, procedures, and relevant regulations.

6.    Capacity Building:

• Provide training and support to staff on financial policies and procedures.
• Contribute to the development of financial literacy programs for non-finance staff.

7.    Accounting Software Management:

• Oversee and ensure that the Finance and Accounting Officers are posting the vouchers to Accounting Software (Tally) regularly and appropriately.
• Oversee and maintain asset management for asset tracking and monitoring by Accounting Software (Tally)

8. Other Tasks: Performing any other duties as and when required by the BLAST management and in line with BLAST’s mission and vision.

• Mobile bill
• Lunch Facilities: Partially Subsidize
• Festival Bonus: 2