Financial Analyst (Re-Advertisement)

Job Description

Title: Financial Analyst (Re-Advertisement)

Company Name: BRAC International

Vacancy: Not specific

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Bachelor of Business Administration major in Finance/ Accounting.

Experience Requirements:
∎ At least 2 year(s)

Job Context:
∎ BRAC is an award-winning international non-governmental development organisation, with the vision of a world free from all forms of exploitation and discrimination, where everyone has the opportunity to realise their potential. BRAC is a leader in developing and implementing cost-effective, evidence-based programmes to assist poor and disadvantaged communities in low-income countries, including in conflict-prone and post-disaster settings. It is an organisation of and for the people of the Global South, pioneering new development and social enterprise approaches to equip communities to achieve prosperity. As well as being the world`s biggest NGO by number of staff and people directly reached, BRAC has regularly been ranked the number one NGO in the world by the Geneva-based NGO Advisor, an independent organisation committed to highlighting innovation, impact and governance in the non-profit sector. BRAC retained the top spot in 2020 among the top 500 NGOs for the fifth consecutive year.
∎ BRAC was founded in Bangladesh in 1972 by Sir Fazle Hasan Abed. It started its first programme outside of Bangladesh in Afghanistan in 2002, and has since reached millions of people in 11 countries in Asia and Africa. BRAC has a holistic approach to development that uses a wide array of programmes and social enterprises, including in microfinance, education, health, agriculture, gender and human rights. BRAC believes that every person has inherent potential, and when an enabling environment is created and that potential is unleashed, even the poorest can become agents of positive change in their own lives, for their families and their communities.
∎ BRAC International (BI) is seeking application from competent, dynamic and self-motivated individuals to fill the following position:
∎ The purpose of this position is to ensure effective and efficient financial management of BRAC International countries including its monitoring, financial reporting for external and internal stakeholders, effective liaison with country finance team to ensure financial control and management etc. Job responsibilities include but not limited to the following-
∎ BRAC is committed to safeguarding children, young people and vulnerable adults, and expects all employees and volunteers to share the same commitment. We believe every stakeholder and every member of the communities we work with has the right to be protected from all forms of harm, abuse, neglect, harassment, and exploitation - regardless of age, race, religion, and gender, status as an individual with a disability or ethnic origin. Therefore, our recruitment process includes extensive reference and background checks, self-disclosure of prior issues regarding sexual or other misconduct and criminal records and our values are the part of our Performance Management System.

Job Responsibilities:
∎ Consolidate and analyze financial data (budgets, income statement forecasts etc.)
∎ Analyze financial data and create financial models for decision support
∎ Provide creative alternatives and recommendations to reduce costs and improve financial performance
∎ Assemble and summarize data to structure sophisticated reports on financial status and risks
∎ Develop financial models, conduct benchmarking and process analysis
∎ Reconcile transactions by comparing and correcting data
∎ Determines cost of operations by establishing standard costs; collecting operational data
∎ Analyze past results, perform variance analysis; identify trends, and make recommendations for improvements
∎ Acting as the fund manager for different donor funded project, and work as focal person for assigned projects; Ensuring all required donor and investors / lenders report are submitted on time
∎ Ensure compliance on Donor and Loan stipulations
∎ Assist BI countries finance to finalize the Annual external audit and any govt or regulatory audit.
∎ Identifying and driving process improvements, including the creation of standard and ad-hoc reports, tools and Excel dashboards
∎ To accomplish any other duties as delegated by supervisors

Additional Requirements:
∎ Required Competencies:
∎ Strong analytical and data gathering skills
∎ Strong fluency with Excel formulas and functions
∎ Computer proficiency on MS office
∎ Orientation with ERP & finance module
∎ Strong interpersonal/ communication skills
∎ Ability to take independent decisions
∎ Ability to work with cross boarder team and culture
∎ At least 2 years of working experience in relevant field.
∎ Having experience of working in international NGO will be an added advantage;
∎ Experience in donor funded projects & microfinance with understanding about rules and regulation of major donors will be given preference.

Salary: Negotiable

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 22 Mar 2022

Company Information:
∎ 13 Mar 2022
∎ BRAC International
∎ Business : BRAC is a development success story, born in Bangladesh and expanding into 10 other developing countries in Asia and Africa. It spreads anti-poverty solutions making it a global leader in providing opportunities for the world’s poor.

BRAC was founded in Bangladesh in 1972 by Sir Fazle Hasan Abed, and is today one of the top leaders in developing cost-effective, evidence-based poverty innovations in extremely poor, fragile and post-disaster settings. BRAC started its first programme outside of Bangladesh in Afghanistan in 2002 through its Dutch registered Stichting BRAC International. BRAC International is currently reaching over 19 million people beyond Bangladesh and creating opportunities to break the cycle of poverty.

With a holistic approach that uses a wide array of interventions including microfinance, education, healthcare, legal services and more, BRAC invests in communities’ own human and material resources, catalyzing lasting change and creating an ecosystem in which the poor have the chance to seize control of their own lives. Of the world’s top development and humanitarian relief organisations, BRAC is one of the few based in the global south. In February 2019, BRAC was ranked as the number one NGO in the world for the fourth consecutive year by the Geneva-based NGO Advisor, an independent media organisation committed to highlighting innovation, impact and governance in the non-profit sector.

Category: Accounting/Finance

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Source: bdjobs.com

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