Job Description
Title: Senior Officer- Accounts
Company Name: RMG Sustainability Council (RSC)
Vacancy: --
Location: Anywhere in Bangladesh
Minimum Salary: Negotiable
Experience:
∎ At least 2 years
∎ The applicants should have experience in the following business area(s):Garments
Published: 5 Mar 2025
Education:
∎ Bachelor/Honors, Masters
∎ Bachelor’s/master’s degree in accounting or finance.
∎ CA CC (Must be certificate level completed) from a renowned CA firm (firms that qualify for the audit of listed companies and Banks)
∎ Bachelor’s/master’s degree in accounting or finance.
∎ CA CC (Must be certificate level completed) from a renowned CA firm (firms that qualify for the audit of listed companies and Banks)
Requirements:
Additional Requirements:
∎ 2+ years of (post-CC) experience in revenue management, receivable management, payable management, or treasury management in reputed organizations.
∎ Able to demonstrate experience in large vendor reconciliation/receivable reconciliation/fund reconciliation.
∎ Strong knowledge of financial reporting standards, specifically IFRS 15, IAS 20, IAS 16, IAS 38, IFRS 5, IAS 37, IFRS 16, IAS 19, and IAS 23.
∎ Considerable knowledge of Income Tax Laws (ITA 2023) & and Added Tax Laws (VAT & SD Act 2012).
∎ Proficiency in accounting software (SAP, Tally, or similar ERP systems).
∎ Advanced Excel skills for financial analysis and reporting.
∎ Strong analytical and problem-solving abilities.
∎ Detail-oriented with high accuracy in financial record-keeping.
∎ Excellent communication and coordination skills.
∎ Ability to handle confidential financial information with integrity.
∎ 2+ years of (post-CC) experience in revenue management, receivable management, payable management, or treasury management in reputed organizations.
∎ Able to demonstrate experience in large vendor reconciliation/receivable reconciliation/fund reconciliation.
∎ Technical Skills:
∎ Strong knowledge of financial reporting standards, specifically IFRS 15, IAS 20, IAS 16, IAS 38, IFRS 5, IAS 37, IFRS 16, IAS 19, and IAS 23.
∎ Considerable knowledge of Income Tax Laws (ITA 2023) & and Added Tax Laws (VAT & SD Act 2012).
∎ Proficiency in accounting software (SAP, Tally, or similar ERP systems).
∎ Advanced Excel skills for financial analysis and reporting.
∎ Soft Skills:
∎ Strong analytical and problem-solving abilities.
∎ Detail-oriented with high accuracy in financial record-keeping.
∎ Excellent communication and coordination skills.
∎ Ability to handle confidential financial information with integrity.
Responsibilities & Context:
∎ Monitor and process incoming funds from donors, partners, and voluntary contributors.
∎ Maintain accurate accounting records of fund disbursements, expense settlements, and membership contributions.
∎ Ensure all funds are collected and deposited in designated accounts on time.
∎ Coordinate with donors, clients, and relevant stakeholders to track outstanding payments and resolve discrepancies.
∎ Record fund collections and contribution transactions in the accounting system following IFRS guidelines (See technical skills section)
∎ Allocate funds accurately based on donor agreements, project budgets, and organizational policies.
∎ Ensure proper classification of restricted and unrestricted funds.
∎ Assist in the accrual and deferral of contributions/fees/donations for financial reporting accuracy.
∎ Process adjustments and reconciliations related to fund collection and expenses transactions.
∎ Perform monthly reconciliation of collected funds with bank statements.
∎ Prepare revenue and fund collection reports for management review.
∎ Support external audits by providing necessary documentation on fund transactions.
∎ Track outstanding receivables and coordinate follow-ups with relevant stakeholders.
∎ Solicit ad-hoc reconciliation to ensure that contributions are received on time.
∎ Ensure compliance with donor requirements, tax regulations, and financial policies.
∎ Maintain proper documentation of all fund collection transactions for audit and reference.
∎ Assist in regulatory reporting (e.g., VAT, tax, donor reporting) as required.
∎ Support financial risk management related to fund handling and revenue recognition.
∎ Liaise with internal departments for fund utilization tracking.
∎ Communicate with banks, donors, and clients for payment processing and confirmations.
∎ Assist in improving fund collection and expense management processes
∎ Fund Collection & Revenue Reconciliation:
∎ Monitor and process incoming funds from donors, partners, and voluntary contributors.
∎ Maintain accurate accounting records of fund disbursements, expense settlements, and membership contributions.
∎ Ensure all funds are collected and deposited in designated accounts on time.
∎ Coordinate with donors, clients, and relevant stakeholders to track outstanding payments and resolve discrepancies.
∎ Accounting & Financial Treatment:
∎ Record fund collections and contribution transactions in the accounting system following IFRS guidelines (See technical skills section)
∎ Allocate funds accurately based on donor agreements, project budgets, and organizational policies.
∎ Ensure proper classification of restricted and unrestricted funds.
∎ Assist in the accrual and deferral of contributions/fees/donations for financial reporting accuracy.
∎ Process adjustments and reconciliations related to fund collection and expenses transactions.
∎ Reconciliation & Reporting:
∎ Perform monthly reconciliation of collected funds with bank statements.
∎ Prepare revenue and fund collection reports for management review.
∎ Support external audits by providing necessary documentation on fund transactions.
∎ Track outstanding receivables and coordinate follow-ups with relevant stakeholders.
∎ Solicit ad-hoc reconciliation to ensure that contributions are received on time.
∎ Compliance & Documentation:
∎ Ensure compliance with donor requirements, tax regulations, and financial policies.
∎ Maintain proper documentation of all fund collection transactions for audit and reference.
∎ Assist in regulatory reporting (e.g., VAT, tax, donor reporting) as required.
∎ Support financial risk management related to fund handling and revenue recognition.
∎ Coordination & Communication:
∎ Liaise with internal departments for fund utilization tracking.
∎ Communicate with banks, donors, and clients for payment processing and confirmations.
∎ Assist in improving fund collection and expense management processes
Skills & Expertise:
Compensation & Other Benefits:
∎ Mobile bill, Provident fund, Gratuity, Insurance, Weekly 2 holidays
∎ Salary Review: Yearly
∎ Festival Bonus: 2
Workplace:
∎ Work at office
Employment Status: Full Time
Job Location: Anywhere in Bangladesh
Job Highlights:
∎ Band & Grade : 7 ( A)
Company Information:
∎ RMG Sustainability Council (RSC)
∎ Shanta Forum, East Tower, Level - 05, 187-188/B, Bir Uttam Mir Shawkat Sarak, Tejgaon, Dhaka 1208
∎ https://rsc-bd.org/
Address::
∎ Shanta Forum, East Tower, Level - 05, 187-188/B, Bir Uttam Mir Shawkat Sarak, Tejgaon, Dhaka 1208
∎ https://rsc-bd.org/
Read Before Apply: Please apply only who are fulfilling all the requirements of this job
Application Deadline: 3 Apr 2025
Category: Accounting/Finance