Position: Accounts Manager
Location: Dhaka, Bangladesh
Application Deadline: 5 April 2021
Type of contract: Fixed term 1 year (option to renew based on performance and budget)
WorldFish seeks to recruit an Accounts Manager who will leads the finance function in WorldFish Bangladesh Office. The incumbent will be responsible for the supervision finance staff member in Bangladesh, as well as providing training and supporting the wider stakeholders as and when needed. S/he is expected to work collaboratively with colleagues in and outside Bangladesh, staff at donor/partner organizations, government and bank officials and any other stakeholders, to deliver organization and project outcomes. This role includes:
- Implementing strategic financial decisions
- Ensuring that proper accounting and bookkeeping procedures are performed in accordance with international accounting standards
- Providing timely and accurate financial reports to management and donors; and
- Ensuring that WorldFish’ policies and guidelines, and donors’ rules and regulations are adhered to.
The successful candidate will be responsible to:
- Successfully manage all financial and accounting matters for Bangladesh including accounts receivable, accounts payable, cash flow forecasting, monthly journals, accruals, etc.
- Successfully manage end of month process and monitor outstanding items on a regular basis, such as Trial Balance reviews, advance payments, deposits, travel amp; expenses, credit card expenses, debtors, creditors, cash journals, unconverted sales orders, assets and liquidations).
- Analysis and timely closure of all open items, monthly general ledger reconciliation reports including bank reconciliations.
- Supervise Finance staff in Bangladesh and ensure that local finance and accounting procedures comply with international accounting standards and donors’ reporting and operational requirements (particularly procurement requirements).
- Assist Country Director and Project Leaders in proposal developments and/or contract negotiations, and proposal budgeting. Monitoring and Reviewing of spending levels for the Bangladesh cost center budget.
- Ensure efficient implementation of OCS modules relating to financial processes in Bangladesh Office, including establishing and implementing capacity and knowledge building programs with staff, and identifying emerging challenges and opportunities including the resolution of any problems arising during this process.
- Directly support Project Leaders in financial and resources management, including project FTE cost calculation, budget creations and revisions, certifying and submitting reports on bilateral grant projects according to specific donor rules and requirements.
- Maintaining and monitoring cash flow of projects to ensure adequate fund balance to run projects including timely requests for funds to HQ.
- Coordinate and respond to external and internal audits (related to banking, accounting, budget and finance), and ensure that all audit recommendations are followed up and implemented on a timely basis.
- For projects without a dedicated Project Accountant, the post holder will be responsible for timely preparation of financial reports prior to submission to the Head of Finance, ensuring actual expenditures reported aligns with narrative report/project progress. Also to ensure that the Project Leader review the financials reports and signs off on the report.
- Responsible for proper maintenance of all finance files and their archiving.
This job is open to Bangladesh Nationals with the following skills and qualifications:
At least post graduate degree in finance or accounting
- A full/part qualified member of an international professional accountancy body (e.g. ACCA, CIMA, CPA), with minimum 3 years in a people manager’s role will be an added advantage.
- Minimum 5 years’ relevant work experience of which at least 3 years are from a similar managerial role.
- Excellent working knowledge of accounting processes and management.
- Strong leadership skills, particularly with regards to team capacity building and able to manage diversity and gender issues. The position holder must demonstrate that he/she is able to make high-level decisions on a timely basis, set priorities, meet deadlines and solve problems.
- Must be conversant with international accounting standards i.e. IFRS/IAS and donor rules and regulations (USAID/EU) relating to project/program accounting and financial reporting.
- Should be knowledgeable in local laws and regulations i.e. labour laws, business/contract law and tax legislation.
- Good command of English (both verbal and written).
- Strong sense of professionalism, business ethics and integrity.
- Hands-on experience with reputable ERP systems such as Oracle and SAP; and have working knowledge of Microsoft Office and Teams applications.
- Ability to work under pressure and adhere to deadlines with minimum supervision.
- Have worked for USAID/EU funded projects in similar capacity including facilitating donor audits and implementing audit recommendations is desired.
This is a Nationally Recruited Staff (NRS) position with salary commensurate to the position level. WorldFish NRS shall receive comprehensive benefits including (but not limited to) insurance coverage for staff and eligible dependents, and pension / provident fund contribution.
Eligibility, Location and Duration
The position will be based in Dhaka, Bangladesh. Interviews are expected to be held in April 2021 and only shortlisted candidates will be notified and expected to attend the interview. The successful candidate should be available to commence in May 2021 for an initial one (1) year fixed term contract, with the possibility of contract renewal depending on performance and funding availability.
How to Apply
Interested applicants are invited to submit the following information online latest by 5 April 2021:
- A cover letter including a 2-page (max) description of why you are an ideal candidate and what you would bring to the role.
- A current curriculum vitae.
- Names and contacts (telephone and e-mail addresses) of three professional referees who are familiar with your qualifications and work experience. Your nominated referees ideally should have persons from each of the following category: direct supervisor, head of HR and peer.
Screening will start immediately, and will continue until the position is filled. Due to the high volume of applicants for WorldFish positions, we appreciate all interest, but only short-listed candidates will be contacted.
Our Gender, Diversity and Inclusion Commitment
WorldFish has seven offices across Asia, Africa and the Pacific, with more than 400 staff and 27 nationalities who contribute to a dynamic multicultural work environment.
WorldFish is committed to promoting a work environment where diversity and inclusion is valued and we seek to have gender balance in the organization. We aim to also seek balance across other diversity dimensions.
People in WorldFish are treated equally irrespective of gender, ethnicity/race, national or social origin, disability, religion, political affiliation, age, family size, marital status or any other form of personal identity.
We are an equal opportunities employer and strongly encourage qualified women and men from developing nations to apply