If you are seeking a stable and rewarding career with ample opportunities for growth in the development sector, International Rescue Committee - IRC has published UN vacancy openings in Bangladesh. They are looking for dynamic and promising individuals for the immediate appointment to the position of Finance Manager - Budget & Reporting on a contractual basis. Applications are invited from Dhaka, Bangladeshi nationals.
The International Rescue Committee (IRC) responds to the world’s worst humanitarian crises, helping to restore health, safety, education, economic wellbeing, and power to people devastated by conflict and disaster. Founded in 1933 at the call of Albert Einstein, the IRC is one of the world's largest international humanitarian non-governmental organizations (INGO), at work in more than 50 countries and more than 25 U.S. cities helping people to survive, reclaim control of their future and strengthen their communities. A force for humanity, IRC employees deliver lasting impact by restoring safety, dignity and hope to millions. If you're a solutions-driven, passionate change-maker, come join us in positively impacting the lives of millions of people world-wide for a better future.
Overview
Job Id: req51691
Location: Dhaka
Country: Bangladesh
Category: Operations & Administration Support
Employee Category Fixed Term
Job Type: Full Time
Open To Expatriates: No
Currency: Bangladesh Taka
Compensation: Monthly
Finance Manger Role
Under direct supervision and technical support from the Finance Coordinator-Grants and Budgeting, Finance Manager- Budget and Reporting will be responsible for the preparation of Donor budget, Budget amendments, Financial Report, Cash Forecast, Monthly budget variance analysis (BVA) and grants reconciliation in a timely manager.
Finance Manager Job Responsibilities
- Developed proposal budget or budget modification complies with Donor regulations and IRC financial policy.
- Prepare D codes as per IRC internal budget and upload it into Integra (Microsoft Dynamics 365)
- Review financial transactions and cross-check with donor budget lines (DCodes) and do necessary corrections as per approval from DDO/DDP.
- Prepare and update spending plans for all active grants in conjunction with designated budget holders. Reviews budget spending and advises relevant staff on spending status.
- Participate in regular Project Cycle Meetings, including Grants Opening, regular BVA/Grants review, closure meetings, etc.
- Prepare quarterly grants reconciliation as per the template and find out deviations to take appropriate decisions.
- Ensure that cross-functional costs are properly charged to Grants.
- Prompt monitoring of exchange rate loss/gain and promptly advising Finance Coordinator/DDF.
- Provide training on financial management and compliance to the budget holder
- Facilitate grant audits.
Financial Reporting and Budgeting:
- Preparation of monthly/quarterly budget versus actual reports for current grans to ensure that Program/Grants can monitor the budget utilization and take appropriate action on any significant variances.
- Prepare financial reports as per donor reporting schedule (DRS) and submit them to Finance Coordinator Grants and Budgeting for review.
- Prepare donor’s budget on the internal budget template, ensure SPC %age and SPC position as per operational budget and linked with donors’ format and timely submit to Finance Coordinator Budget and Grants for review.
- Where necessary train and develop the capacity of the partners’ finance team to ensure that a good standard of financial management is maintained.
- Undertake other related duties as may reasonably be assigned by the Finance Coordinator Grants and Budgeting.
Major Challenges/Difficulties of this Role
- Work under tight deadlines while dealing with competing priorities
- Gather the necessary inputs from other functions/roles while meeting the necessary quality and agreed deadlines
Deliverables
- Produce budgets for all new grants with accuracy and efficiency.
- Develop monthly/regular BVA reports and share it with the respective budget holders for review.
- Draft donor financial report for internal review
- Ensure timely Grants reconciliation as per IRC systems
Finance Manager Job Qualifications:
Education Qualification
- Master’s degree in Accounting / Finance
- Professional degree / Certification
- Recognized professional certificate in accounting such as CA/ ACCA (part qualified) preferred
Experience
- Minimum 5 years of experience working in humanitarian/development contexts.
- Minimum 3 years of relevant work experience in a similar role with international NGOs.
- Requires extensive experience in working with computerized accounting systems, standard spreadsheet and database programs (Microsoft Dynamics 365).
Skills
- Familiarity and experience in dealing with financial compliances of US grants, ECHO, FCDO, UNs, GAC and other foundations.
- Solid understanding and experience of relevant GoB compliances for INGOs in Bangladesh including but not limited to FD6, FD7, VAT, taxes, etc.
- Excellent problem-solving skills and demonstrated ability to handle pressure and improve.
- Requires having a proven track record of proactively identifying and communicating potential problems and proposing solutions
- Demonstrated skills and experience in strategic and analytical thinking
- Ability to carry out responsibilities independently with minimal technical support
- Good English and Bangla language communication skills, both written and verbal.
- Strong commitment to IRC’s mission, purpose and values
- Knowledge, Skills & Competences
IRC Job Vacancy 2024
Code of Conduct. These are Integrity, Service, Accountability, and Equality.
Commitment to Gender, Equality, Diversity, and Inclusion: The IRC is committed to creating a diverse, inclusive, respectful, and safe work environment where all persons are treated fairly, with dignity and respect. The IRC expressly prohibits and will not tolerate discrimination, harassment, retaliation, or bullying of the IRC persons in any work setting. We aim to increase the representation of women, people that are from country and communities we serve, and people who identify as races and ethnicities that are under-represented in global power structures.
International Rescue Committee
The International Rescue Committee (IRC) responds to the world’s worst humanitarian crises, helping to restore health, safety, education, economic wellbeing, and power to people devastated by conflict and disaster. Founded in 1933 at the call of Albert Einstein, the IRC is one of the world's largest international humanitarian non-governmental organizations (INGO), at work in more than 50 countries and more than 25 U.S. cities helping people to survive, reclaim control of their future and strengthen their communities. A force for humanity, IRC employees deliver lasting impact by restoring safety, dignity and hope to millions. If you're a solutions-driven, passionate change-maker, come join us in positively impacting the lives of millions of people world-wide for a better future.
IRC recruitment process
Standard of Professional Conduct:The IRC and the IRC workers must adhere to the values and principles outlined in the IRC Way – our Code of Conduct. These are Integrity, Service, Accountability, and Equality.
Commitment to Gender, Equality, Diversity, and Inclusion: The IRC is committed to creating a diverse, inclusive, respectful, and safe work environment where all persons are treated fairly, with dignity and respect. The IRC expressly prohibits and will not tolerate discrimination, harassment, retaliation, or bullying of the IRC persons in any work setting. We aim to increase the representation of women, people that are from country and communities we serve, and people who identify as races and ethnicities that are under-represented in global power structures.
IRC Bangladesh Career
Finance Manager - Budget & Reporting
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