JOB OPPORTUNITY

BRAC is the world’s largest, leading development organization dedicated to poverty alleviation and empowerment of the poor. Initiated in Bangladesh in 1972, BRAC now operates in 11 countries across Asia, Africa and the Americas. To counter poverty and promote social empowerment, BRAC strategically integrates development programs in microfinance, agriculture, health, education, human rights and legal aid, community empowerment and more.

BRAC Liberia launched in 2008 with programs in Microfinance, Small Enterprise Development, Agriculture, Livestock and Poultry, Health, Empowerment and Livelihood for Adolescent Girls, Psychosocial and Survival Support now impacting the lives of over 560,000 Liberians. BRAC Liberia is looking for competent, dynamic and self-motivated Liberians to fill the following regular position.

No. of Vacancies: 1

Job Title : Financial Analyst

Staff Category : Open

Tenure : 1 year (Renewable)

Salary : Negotiable

Reports to : Head of Finance & Chief Executive Officer Duty Station : Country Office

Safeguarding Job Responsibilities

1. Ensure the safety of team members from any harm, abuse, neglect, harassment and exploitation to achieve BRAC’s goals on safeguarding.
2. Act as a resource of support and expertise on safeguarding for establishing a safe working environment.
3. Practice, promote, and endorse the issues of safeguarding policy among team members and ensure the implementation of safeguarding standards in every course of action.
4. Follow the safeguarding reporting procedure in case any reportable incident takes place, encourage other to do so.

Job Summary

Strengthening the finance team interms of Budgeting, Planning and analysis on financial information.

Key Duties:

• Lead development of planning and Budgeting tools for BRAC Liberia Microfinance Company Limited including the budget manual and templates and tools for work plans/ activities.
• Work with programs/departments (Microfinance unit and supporting departments) and head office in developing budgets, financial forecast and reconciliation of budgets with operational and organization Annual Strategic Plan (ASP).
• Prepare Budget variance analysis (BVA) reports and track utilization monthly, quarterly, semiannual and annually. This involves financial forecasting review on performance and institutional financial positioning for Head of Finance, Country Management, Board and other stakeholders’ consumption.
• Perform analytical procedures and impact assessment on overall financial position and performance resulting from government taxes/ levies, license fees from regulatory environment, statutory deductions or levies and other compliance requirements; factor them in budgeting, planning, analysis and in reporting templates including the MIS (Management Information Systems) for various stakeholders.
• Ensure compliance with current budget and spending policies and propose improved policies (where necessary) and systems regarding spending guidelines, cost savings, cost allocation, and annual planning relevant for Microfinance business.
• Work with the entire finance team to streamline internal financial planning and reporting processes to deliver more efficient, more effective, and more useful reports and analysis in terms of cash flow forecasts, treasury management, investment appraisals, performance and financial positions reports.
• Work closely with BRAC International head office and design capacity building programs in the country including risk management aspects, planning, budgeting and reporting.
• Identify the key business drivers of results, assigning the proper economic cost to capital investment or financing costs, participating in investment decisions and financial statement analysis.
• Perform other related duties are guided by the supervisor.

KNOWLEDGE, SKILLS & COMPETENCIES:

1. Good knowledge of BRAC operations and financial planning, budgeting and related procedures especially in Microfinance business.
2. Computerized accounting skill.

iii. Knowledge on IFRS and IAS

1. Skills to prepare financial budgeting and other statements for the company. v. Knowledge on donor related projects collaborating with Microfinance organizations.
2. Experience and knowledge on Banking rules & regulations to ensure smooth international transfers in and out of the country from/ to lenders, shareholders, head office and other financial agencies.

SPECIFIC EDUCATIONAL QUALIFICATION:

• 5 – 10 years’ experience in Finance and Accounts.
• Bachelor’s degree in finance, Accounting, or related field. Masters (MBA) will be an added advantage.

BRAC is committed to safeguarding children, young people and vulnerable adults, and expects all employees and volunteers to share this commitment. Therefore, our hiring process includes extensive background checks and criminal records disclosure. BRAC is an equal opportunities employer.

All qualified and interested applicants can submit a cover letter with their CVs with three referees, one of which should be your current or most recent employer/line manager, along with copy of your educational qualification. Applications should be submitted by email to: Recruitment.Liberia@brac.net, with the position title on the subject line.

DEADLINE: July 31, 2024

PLEASE NOTE THAT ONLY SHORT-LISTED CANDIDATES WILL BE CONTACTED!