Finance Coordinator

LAMB

LAMB

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Summary

• Vacancy: 1
• Age: at least 45 years
• Location: Dinajpur
• Minimum Salary: Tk. 44800 (Monthly)
• Experience: At least 5 years
• Published: 13 Mar 2025

Requirements

Education

• Master of Business Administration (MBA) in Accounting

• M.Com pass but MBA from Accounting/Management a recognized university will be given preference.

Experience

• At least 5 years
• The applicants should have experience in the following business area(s):
  NGO

Additional Requirements

• Age at least 45 years

• Candidates should have a minimum of 5 years of experience in the field of accounting or finance.
• Proficiency in accounting software. A valid motorcycle driving license is required.

Responsibilities & Context

Job Summary: The Finance Coordinator is responsible for ensuring the effective and efficient financial management of the project. This role includes maintaining accurate accounting records in compliance with LAMB’s financial policies and the requirements of donor organizations. The Finance Coordinator supervises the books of accounts and ensures regular accounting reconciliations. Additionally, the position involves preparing timely financial summaries, reports, and assessments of financial needs and cash flow, ensuring optimal management of bank account balances and cash holdings to avoid liquidity issues. The Finance Coordinator also reviews and ensures the timely preparation of donor reports and manages budget control in line with the approved project proposal. Provides administrative support to the supervisor for smooth project operations and collaborates with program teams to prepare monthly, quarterly, and final narrative reports, ensuring accuracy and clarity. The role also includes ensuring the use of appropriate tools and processes throughout the project.

Financial Planning and Budgeting:

• Collaborate with relevant stakeholders to ensure alignment with project goals and donor requirements in terms of financial management.

Grant Compliance:

• Ensure compliance with donor requirements and grant agreements.
• Work closely with project teams to monitor grant expenditures and maintain accurate records for audits.

Financial Controls & Policies and Cash Flow Management:

• Establish and enforce financial controls and policies of organization, government & donors.
• Conduct regular reviews to ensure adherence to financial procedures and identify areas for improvement.
• Manage cash flow to ensure adequate funds are available for project activities.
• Monitor and forecast cash needs and coordinate with relevant teams to ensure timely disbursements.
• Support program team to track the expense according to the approved budget.

Payment Management and VAT & Tax Management:

• Make payment of staff salary, volunteer incentive, vendors bills & others financial outstanding in timely manner.
• Ensure VAT & Tax deduction at source and deposited into treasury within timely manner.
• Provide salary certificate & Tax deduction documents to staff within timely manner.

Financial Reporting and Audit Coordination:

• Prepare and submit accurate and timely financial reports to management, donors and relevant authorities with proper explanation of variances.
• Provide financial analysis and insights to support decision-making. ·
• Prepare for and coordinate external audits in collaboration with audit firms getting support from finance department of head office.
• Address audit findings and implement corrective actions as needed.

Capacity Building:

• Lead and supervise the finance officer, providing guidance, mentoring and professional development opportunities.
• Build the financial management capacity of project staff through training and support.

Financial Risk Management:

• Identify and assess financial risks associated with project activities.
• Develop and implement strategies to mitigate financial risks.

Compensation & Other Benefits

Salary: Around Tk. 44,800 per month gross. Other benefits include provident fund, festival allowance once per year, and critical illness and death benefit.

Employment Status

Full Time

Job Location

Dinajpur

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