JOB OPPORTUNITY
BRAC is a global leader in developing and implementing cost-effective, evidence-based programs to empower the most marginalized in extremely poor, conflict-affected, and post-conflict states. Founded in Bangladesh in 1972, BRAC now works in more than 20 countries in Asia and Africa and takes a holistic approach to alleviating poverty, running programs in education, healthcare, microfinance, women and girls’ empowerment, agriculture, and food security, and human and legal rights. Together, the initiative will result in systemic change that creates a positive and measurable impact for 1.2 million adolescent girls and young women, 1.9 million households, and 9.5 million people in 7 countries in Africa by 2027.
No. of Vacancies: 1
Job Title : Finance Officer
Staff Category : National
Tenure : 1 year (Upon budget and Performance, contract may expand) Salary : Negotiable
Reports to : Finance Manager
Duty Station : Regional Office (Buchanan Grand Bassa)
Safeguarding Job Responsibilities
Job Summary:
Effecting payments and recording all financial transactions for the BRAC Enterprises mainly from Poultry and Feed mills projects, provide input to regular reports to finance manager and farm General Manager.
Effecting payments related to purchases, running costs, salary, statutory deductions such as NASSCORP contributions, withholding tax to Liberia Revenue Authority (LRA) etc and ensure the same are captured correctly in the accounting system (SBI).
To manage all assets for the Enterprises including buildings, machines, equipment, furniture and inventory, effect respective entries in the accounting system such as Capital values, Depreciation, Disposal, utilization of inventory and transfer between offices.
Prepare and submit regular financial reports as required by management and donor showing the financial position/stability, profitability and compliance with investors’ requirements.
Participating in procurement for all project purchases together with Procurement and project staff. In doing this he/she ensures compliance to finance and accounts manual, procurement manual and donor`s requirements.
Prepare Cash certificates and Bank reconciliation for the project on daily/ monthly as required including Cash requisitions and transfers from field offices (areas) to/ from Country office.
Supporting internal and external audit by accurately recording of transactions, preparing vouchers/ bills, recording them timely and proper filing.
Perform other duties as will be assigned by the supervisor.
MAJOR CHALLENGES:
Challenge in uploading vouchers and supporting documents in the Enterprise Resource Planning (ERP) system to enable easy reporting due to poor country infrastructure related to internet and computer operations.
Gaps in Internal control in daily accounting and operations related to system and operations especially on activities involving other departments e.g., IT, Procurements, Human resources etc
Failure to understand the investors’ or partners compliance terms in executing the financial transactions.
KEY PERFORMANCE INDICATORS (KPIs)
Timely recording of the financial transactions in the reporting system.
Timely preparation of balance certificates and bank reconciliation as per finance and accounts manual.
Observing deadlines for statutory deductions and compliance related payments. Proper filing of all supporting documents, vouchers, contracts, tenders, and other investors correspondences
Required Skills / Capacity
∙ Good knowledge of BRAC operations especially Enterprise based transactions, accounting treatment related to investments or grants and bank transactions.
∙ Interpersonal communication skills and teamwork
∙ Good computer Skills preferably Ms excel and Ms word
∙ Professional competence with good knowledge on International transactions including management of donors and partners.
Experience Requirements:
∙ At least 2 years on accounting, banking, or financial role in any reputable organisation. ∙ Good knowledge on Enterprises operations preferably Poultry farming. ∙ Knowledge on regulatory, contractual, legal, and financial compliance requirements associated with international investors or partners.
∙ Awareness and experience of using accounting software for capturing financial transactions.
Ability to prepare bank reconciliation with minimum supervision and identify risk transactions and manage them.
Bachelor degree or equivalent
Accounting/ Banking/ Finance/ Business Management or related fields.
All qualified and interested applicants can submit a cover letter with their CVs to three referees, one of which should be your current or most recent employer/line manager, along with a copy of your educational qualification applications should be submitted by email to: bimcf.liberia@brac.net , with the position title on the subject line.
DEADLINE: June 21, 2023
PLEASE NOTE THAT ONLY SHORTLISTED APPLICANTS WILL BE CONTACTED Preference will be given to qualified female candidates!