Finance Officer

Position : Finance Officer
Number of Position : 1
Duration of the contract : 1 year
Based in : Cox’s Bazar  
Reporting to : Senior Finance Officer

American Red Cross of the International Federation of Red Cross and Red Crescent Societies (IFRC) is seeking a Finance Officer to support the Cox’s Bazar Sub-Office.
The Finance Officer will ensure that office finances are managed in accordance with American Red Cross policies, procedures, and generally accepted accounting principles.

The Finance Officer will be responsible for all financial matters related to budgets, use of office funds, compliance, procurement, and financial operation of American Red Cross, Bangladesh delegation. The position will assist in training, orienting and advising Bangladesh Red Crescent Society (BDRCS) project staff on financial, compliance and administrative matters related to American Red Cross internal and donor requirements.

Job Duties and Responsibilities:

  • Maintain all bank accounts and banking affairs of the Cox’s Bazar sub office;
  • Issue payments against invoices on time by either cheque or cash. Must ensure all expenses are approved and justified with necessary supporting documents according to IFRC/American Red Cross policies and procedures;
  • Issue and reconcile working advances;
  • Post and allocate expenses and receipts to EPICOR (accounting software);
  • Manage petty cash as per Standard Operating Procedures (SOPs);
  • Support monthly and year-end closing procedure;
  • Assist in preparing and processing cash forecast for the delegation in a timely manner;
  • Guide American Red Cross/BDRCS project finance staff on accounting and financial processes as needed;
  • Safeguard and maintain all financial documents including soft copies;
  • Assist in identifying variances in actual expenditure and the budget;
  • Assist with auditing expenses, checking financial documents, invoices, etc. to ensure adequate documentation, coding, and reporting of financial transactions;
  • Prepare monthly financial reports;
  • Ensure VAT and tax deductions are compliant with Government rules and regulations;
  • Monitor compliance with American Red Cross and Donor requirements, rules and regulations;
  • Provide support to American Red Cross and BDRCS to complete internal & external audit;
  • Assist in monitoring project burn rate and supporting the development of pipelines, burn trackers, accruals, and spending projections;
  • Establish and maintain effective working relationships between IFRC/American Red Cross and BDRCS project teams;
  • Maintain coordination with BDRCS, IFRC and other PNSs;
  • Perform any other work-related duties assigned by the line manager.

Education Requirements:
MBA in Accounting/Finance, or other related post graduate degree.

Experience:

  • Minimum 3 years of relevant experience of analysing, planning and managing finance and budgets
  • Experience in working with local communities, civil society, partners, and government officials
  • Experience and skills in general administration and procurements
  • Experience in working for a Humanitarian organisation and/or the Red Cross/Red Crescent Movement is preferred

Knowledge and Skills:

  • Proficiency in MS Excel and Word
  • Knowledge of operational manual, guideline and tools
  • Knowledge of general administration and procurements
  • Knowledge of using accounting software
  • Able to influence, communicate, co-operate and negotiate with a wide range of people and organizations

Languages:
Fluency in English and Bangla.

Salary Range:

  • Negotiable

Other Benefits

  • Festival Bonus
  • Life & Medical Insurance
  • Provident fund
  • Medical reimbursement for staff and immediate family of up to 70000 BDT per annum.

How to Apply:

Interested candidates are requested to submit a full CV and cover letter via either e-mail or postal mail on or before Saturday, 21st July 2918. Please state your expected salary in the CV.

To apply via e-mail:
Email: bangladesh.delegation@ifrc.org
Subject: Application for Finance Officer (Cox’s Bazar)

To apply via postal mail:
Attn:
Head of Country Office
IFRC Bangladesh Country Office
684 – 686, Red Crescent Sarak, Bara Moghbazar, Dhaka-1217

Please mention the position on the envelope

Please note that this position will close on 21st July 2018. However, IFRC reserves the right to fill the role prior to the advertisement end date. As such, candidates are encouraged to apply at their earliest convenience.
 
Only short-listed candidates will be contacted.

About Us:

The International Federation of Red Cross and Red Crescent Societies, (IFRC) is the world’s largest humanitarian organisation. The IFRC Country Office in Bangladesh has worked alongside the Bangladesh Red Crescent Society (BDRCS) for more than 30 years in humanitarian fields including disaster management, with a focus on the cyclone early warning and response programme in the coastal belt, and disaster preparedness and response during natural disasters.

American Red Cross is working in Bangladesh as an integrated partner of Bangladesh Red Crescent Society (BDRCS) and IFRC to support the humanitarian efforts of BDRCS.

The IFRC is an equal opportunity employer