Senior Officer- Accounts

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

Interested By University

University Percentage (%)
National University 22.93%
University of Dhaka 5.06%
Jagannath University 2.11%
Jahangirnagar University 1.26%
Govt. Titumir College 1.26%
University of Chittagong 1.01%
Stamford University Bangladesh 0.76%
North South University 0.76%
ASA University Bangladesh 0.76%
Bangladesh University of Business and Technology 0.67%

Interested By Age Range

Age Range Percentage (%)
20-30 53.20%
31-35 28.75%
36-40 11.21%
40+ 5.82%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 9.19%
20K-30K 30.52%
30K-40K 25.80%
40K-50K 15.60%
50K+ 18.89%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 16.69%
0.1 - 1 years 7.84%
1.1 - 3 years 21.50%
3.1 - 5 years 17.37%
5+ years 36.59%

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