Senior Manager, Finance

Job Description

Title: Senior Manager, Finance

Company Name: Bangladesh Youth Leadership Center (BYLC)

Vacancy: 1

Age: 35 to 40 years

Location: Dhaka

Salary: Negotiable

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

Published: 8 Oct 2024

Education:
∎ Master of Commerce (MCom) in Finance
∎ Course completed in Chartered Accountancy from a reputed CA firm
∎ Qualified/partly qualified in chartered accountancy will get added advantages

Requirements:

Additional Requirements:
∎ Age 35 to 40 years
∎ Advanced knowledge of Generally Accepted Accounting Principles (GAAP)
∎ Exceptional oral and written communication skills in both Bangla and English● Proficiency in preparing financial statements
∎ Advanced knowledge of tax, VAT, RJSC fillings, NGOAB rules and regulations
∎ Excellent ability to prepare the budget and have budgetary control
∎ High level of proficiency in G Suite, and MSW Suite including Microsoft Excel
∎ Hands-on experience with accounting and financial management software specially in Tally, Quickbook and other modern tools
∎ Data query/data management abilities to help the organization manage and employ said data to its advantage
∎ Excellent knowledge of data analysis, risk management and forecasting methods
∎ As an accounting and finance professional, the candidate must have the ability to conduct independent research
∎ Identify, quantify, and mitigate all sorts of risks and threats facing the organization. Such as: credit risks, market risks, interest rate risks, liquidity risks, cash flow mismatches, adverse currency movements, fluctuations in commodity prices and so on
∎ Implementing financial systems and integrating them with operational and donor databases
∎ Extensive knowledge of accounting principles, policies, and practices
∎ Working knowledge of project management methodology, supply chain and VAT requirements
∎ Ensuring that the service is effectively resourced to deliver to the required standard
∎ Soft skills:
∎ Team player and passion for social development service
∎ Ability and willingness to travel and work on weekends and holidays if needed
∎ Able to articulate ideas and strategies clearly across all levels of the organization
∎ Ability to foster a collaborative environment
∎ Receptive to innovative ideas and methods, and encourages a culture of progress
∎ Ability to see the “big picture,” understanding how the various components of the organization work together
∎ Uphold the highest ethical standards in all business dealings
∎ Embrace a culture of learning, feedback, and continuous improvement
∎ Promote transparency and accountability in BYLC’s operations and performance
∎ Demonstrated experience in 21st Century Soft Skills
∎ Required technical skills:
∎ Advanced knowledge of Generally Accepted Accounting Principles (GAAP)
∎ Exceptional oral and written communication skills in both Bangla and English● Proficiency in preparing financial statements
∎ Advanced knowledge of tax, VAT, RJSC fillings, NGOAB rules and regulations
∎ Excellent ability to prepare the budget and have budgetary control
∎ High level of proficiency in G Suite, and MSW Suite including Microsoft Excel
∎ Hands-on experience with accounting and financial management software specially in Tally, Quickbook and other modern tools
∎ Data query/data management abilities to help the organization manage and employ said data to its advantage
∎ Excellent knowledge of data analysis, risk management and forecasting methods
∎ As an accounting and finance professional, the candidate must have the ability to conduct independent research
∎ Identify, quantify, and mitigate all sorts of risks and threats facing the organization. Such as: credit risks, market risks, interest rate risks, liquidity risks, cash flow mismatches, adverse currency movements, fluctuations in commodity prices and so on
∎ Implementing financial systems and integrating them with operational and donor databases
∎ Extensive knowledge of accounting principles, policies, and practices
∎ Working knowledge of project management methodology, supply chain and VAT requirements
∎ Ensuring that the service is effectively resourced to deliver to the required standard
∎ Soft skills:
∎ Team player and passion for social development service
∎ Ability and willingness to travel and work on weekends and holidays if needed
∎ Able to articulate ideas and strategies clearly across all levels of the organization
∎ Ability to foster a collaborative environment
∎ Receptive to innovative ideas and methods, and encourages a culture of progress
∎ Ability to see the “big picture,” understanding how the various components of the organization work together
∎ Uphold the highest ethical standards in all business dealings
∎ Embrace a culture of learning, feedback, and continuous improvement
∎ Promote transparency and accountability in BYLC’s operations and performance
∎ Demonstrated experience in 21st Century Soft Skills

Responsibilities & Context:
∎ Ensure achievement of BYLC’s vision, mission and goals and promote BYLC values
∎ Efficiently manage the finance, accounts and procurement teams
∎ Function as a member of BYLC’s Management Committee (ManCom) following its Terms of Reference
∎ Advise on all major contract letting teams, advising board members and officers at all levels on an extensive range of financial issues covering procurement and contract letting
∎ Ensure teams are well acquainted with the BYLC's organizational goal and prepare their objectives and priorities
∎ Take on a pivotal role in meeting donor targets and requirements ensuring compliance and value for money
∎ Collaborate with diverse teams to meet organizational and project goals
∎ Budgeting and forecasting for projects & their management
∎ Set up and maintenance of the financial system on the emergency team laptop and development of procedures for tracking income / expenditure in accordance with BYLC policy
∎ Supervise the preparation of allocations of funding and budgeting of planned expenses in the components of the response. Manage the day-to-day functioning of the finance section, including cash disbursements, cash receipts, etc and are involved, either directly or indirectly in disbursing/monitoring/reporting expenditures made by subgrantees of BYLC
∎ Play a leading strategic service-focused role in the construction of the council’s revenue budget and capital programme, including providing advice to officers and members on the choices that need to be made. Contribute to the closure of accounts process and to ensure that the annual accounts are accurate and produced within statutory timescales
∎ Devise and ensure delivery of a comprehensive programme of financial monitoring reports to allow effective monitoring and planning by managers at both a strategic and operational level on all aspects of the use of financial resources (revenue and capital)
∎ Contribute to the creation and implementation of best practice procurement vision, strategy, policies, processes and procedures to aid and improve operational performance. Manage, coach and develop high performing purchasing and cost estimating teams that meet agreed objectives and which deliver best practice results, added value and continuous improvements
∎ Ensure the filling of all the regulatory returns (such as: VAT, Income Tax, RJSC etc.)
∎ Ensure the deduction of VAT and AIT and deposit them into the government treasury accordingly
∎ Maintain all the registers and records as required by all the regulatory authorities
∎ Provide necessary support to the BYLC Board
∎ Any task assigned by the line manager
∎ Bangladesh Youth Leadership Center (BYLC)-the country's first leadership institute—builds leadership, employability, and entrepreneurship skills in youth from diverse backgrounds, nurtures their values of integrity, respect, and empathy, and connects them to jobs and business opportunities. With the aim to develop compassionate, competent, and courageous leaders, BYLC envisions that these youth will have a high impact in the public, private, and civil sectors and demonstrate proactive actions for positive socio-economic and environmental changes. By empowering young people to act on behalf of issues they deeply care about, BYLC aspires to create a prosperous, just, inclusive society and a sustainable world.
∎ Oversee finance, accounts, and supply chain management of the Bangladesh Youth Leadership Center (BYLC), its programs and projects, and ensure efficient and effective management and health in this regard.
∎ Major responsibilities (detailed job description will be available for short listed candidates)
∎ Ensure achievement of BYLC’s vision, mission and goals and promote BYLC values
∎ Efficiently manage the finance, accounts and procurement teams
∎ Function as a member of BYLC’s Management Committee (ManCom) following its Terms of Reference
∎ Advise on all major contract letting teams, advising board members and officers at all levels on an extensive range of financial issues covering procurement and contract letting
∎ Ensure teams are well acquainted with the BYLC's organizational goal and prepare their objectives and priorities
∎ Take on a pivotal role in meeting donor targets and requirements ensuring compliance and value for money
∎ Collaborate with diverse teams to meet organizational and project goals
∎ Budgeting and forecasting for projects & their management
∎ Set up and maintenance of the financial system on the emergency team laptop and development of procedures for tracking income / expenditure in accordance with BYLC policy
∎ Supervise the preparation of allocations of funding and budgeting of planned expenses in the components of the response. Manage the day-to-day functioning of the finance section, including cash disbursements, cash receipts, etc and are involved, either directly or indirectly in disbursing/monitoring/reporting expenditures made by subgrantees of BYLC
∎ Play a leading strategic service-focused role in the construction of the council’s revenue budget and capital programme, including providing advice to officers and members on the choices that need to be made. Contribute to the closure of accounts process and to ensure that the annual accounts are accurate and produced within statutory timescales
∎ Devise and ensure delivery of a comprehensive programme of financial monitoring reports to allow effective monitoring and planning by managers at both a strategic and operational level on all aspects of the use of financial resources (revenue and capital)
∎ Contribute to the creation and implementation of best practice procurement vision, strategy, policies, processes and procedures to aid and improve operational performance. Manage, coach and develop high performing purchasing and cost estimating teams that meet agreed objectives and which deliver best practice results, added value and continuous improvements
∎ Ensure the filling of all the regulatory returns (such as: VAT, Income Tax, RJSC etc.)
∎ Ensure the deduction of VAT and AIT and deposit them into the government treasury accordingly
∎ Maintain all the registers and records as required by all the regulatory authorities
∎ Provide necessary support to the BYLC Board
∎ Any task assigned by the line manager

Skills & Expertise:

Employment Status: Full Time

Job Location: Dhaka

Apply Procedure:

Email your CV:
∎ Send your CV to the given email career@bylc.org or Email your CV from My Bdjobs account

Company Information:
∎ Bangladesh Youth Leadership Center (BYLC)
∎ Medona Tower (Level 11 & 12), 28 Mohakhali, C/A. Dhaka
∎ Bangladesh Youth Leadership Center (BYLC), a registered nonprofit leadership institute, works to build connections among youth from diverse backgrounds, equip them with leadership skills, and enable them to have high impact in public, private, and civil sectors. Conceptualized at Harvard University in 2008, BYLC has brought the best of global leadership education to Bangladesh and made it available to youth who would otherwise not have had the opportunity to receive such world-class leadership education. Drawing on concepts of organizing, communication and leadership taught at Harvard and MIT, BYLC has designed its leadership programs that reach out to diverse segments of youth in different age groups.

Address::
∎ Medona Tower (Level 11 & 12), 28 Mohakhali, C/A. Dhaka
∎ Bangladesh Youth Leadership Center (BYLC), a registered nonprofit leadership institute, works to build connections among youth from diverse backgrounds, equip them with leadership skills, and enable them to have high impact in public, private, and civil sectors. Conceptualized at Harvard University in 2008, BYLC has brought the best of global leadership education to Bangladesh and made it available to youth who would otherwise not have had the opportunity to receive such world-class leadership education. Drawing on concepts of organizing, communication and leadership taught at Harvard and MIT, BYLC has designed its leadership programs that reach out to diverse segments of youth in different age groups.

Read Before Apply: Please apply only who are fulfilling all the requirements of this job

Application Deadline: 17 Oct 2024

Category: NGO/Development

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