Executive – Finance and Compliance
 

Reporting to: Country Representative - Bangladesh

Working days: Sunday -Thursday (9:00am-17:00pm)

Salary: BDT. 50,000 – 60,000 per month
                                                          
Responsibilities:

Financial Management, reporting, and control

  • Daily recording and posting of all transactions in the financial books/ accounting software package.
  • Prepare monthly/quarterly project Budget vs Actuals –BvA report and analysis; ensure respective budget holders understand the variance implications and how to respond to and manage them effectively.
  • Ensure the security of all cash and fixed assets (e.g. regular cash and bank reconciliation, fixed asset and inventory physical checks).
  • Ensure that all accounting source documents are accurately preserved in a timely manner and all financial activities are kept in a true and fair manner following BD government policy.
  • Lead external audit process following rules and regulations of NGOAB and assist Internal auditors as and when required.
  • Assist Country Representative in preparing budget forecasting.
  • Maintaining monthly bank statements which list all deposits and withdrawals from WCC accounts.
  • Ensure all staff account for advances in line with established policy and procedures and that all accounts are settled at the time of termination of service.
  • Take appropriate steps to minimise the risk of fraud or theft.
  • Ensure financial compliance for every transaction and that the organisation’s finance manual is followed at all times.

Accounting

  • Manage the process of payments with supporting documentation to local vendors according to WCC policy (in accordance with the finance manual)..
  • Manage and oversee the preparation of vouchers for each expense and ensure that all necessary documentation is provided.
  • Ensure compliance with WCC Procurement Policies and BD government rules and regulations.
  • Ensure fund requisitions are completed in a timely fashion for all projects and arrange approval from the respective authorities.
  • Maintain filling of all appropriate financial documents - bill, voucher, vendor contract, money receipt etc.
  • Maintaining applicable VAT, TAX and SD costs for required expenses as BD government policies.

Administrative Management and Compliance

  • Work with budget holders to estimate funds request on a timely basis to ensure resources are in place for carrying project activities.
  • Assist with paying bills, dispersing monies as determined.
  • Oversee the petty cash payments and required documentation.
  • Prepare and distribute project staff salaries on time.
  • Check bank statements on a monthly basis and updating line manager accordingly.
  • Maintain smooth relationships with DC office and NGOAB office & assist in preparing FD-6 and relevant document preparation and submission for fund clearance.
  • Ensure compliance with all donors; establishing grant management systems regarding reporting timelines and data. Also undertaking any donor due diligence and ongoing compliance issues.
  • Ensuring all statutory payments are made on time and in accordance with local legislation.
  • Preparing and submitting all statutory returns/reports in accordance with deadlines.
  • Perform day to day administrative work and provide full administrative support to the Country Representative- Bangladesh.
  • Maintaining staff profile properly and update after specific time interval.

Other

  • Assist in the organisation of project activities, including training events, working group meetings, awareness creation and public engagements activities when needed.
  • Ensure procurement processes are compliant with relevant legislation, followed by teams, and appropriate systems are in place to support effective working environment.
  • Develop external relationships with appropriate contacts, e.g. DC office, NGOAB, external auditors, solicitors, bankers and statutory organisations.
  • Keep abreast of changes in financial regulations and legislation and advise of any suggested improvements to ensure best practice at all times.
  • Represent WCC in relevant meetings and events, upholding and maintaining the organisation’s vision, mission and values.
  • Attend regular one to one sessions, service and staff meetings and any other relevant meetings as required.
  • To take up training on issues relevant to your work in agreement with your line manager.
  • Learn, practice and promote safeguarding issues among staff and relevant stakeholders.

Key Relationships

  • Country Representative - Bangladesh
  • UK S Programme Manager
  • Director Programmes
  • UK Director of Finance and Regional Finance Manager SSA
  • Healthcare Professionals
  • Local NGO’s including ASHIC Foundation
  • All Area Coordinators (Indirect)
  • Government Departments
  • Listed vendors

Required qualifications and experiences:

  • Candidates must have BBA or MBA from reputed university (Public University will get preference)
  • At least 3 years experiences in development sector: financial management, administrative tasks management, social compliance, managing government stakeholders etc.
  • Have sound knowledge on VAT, TAX and SD costs for expenses as per BD government policies.

If you think you are a potential candidate for this please send your CV/Resume along with a cover letter explaining your suitability for this position to wcc.bangladesh@gmail.com. Please don’t forget to write Executive – Finance and Compliance in the subject line of your email.

Or

Application Deadline : October 26, 2023