Finance Coordinator

Job Posting Organization:
CIMMYT is a cutting-edge, non-profit, international organization dedicated to solving tomorrow’s problems today. Established to improve the quantity, quality, and dependability of production systems and basic cereals such as maize, wheat, triticale, sorghum, millets, and associated crops, CIMMYT focuses on applied agricultural science, particularly in the Global South. The organization builds strong partnerships to enhance the livelihood trajectories and resilience of millions of resource-poor farmers, while working towards a more productive, inclusive, and resilient agrifood system within planetary boundaries. As a core CGIAR Research Center, CIMMYT is part of a global research partnership aimed at reducing poverty, enhancing nutrition" style="border-bottom: 1px dotted #007bff !important;">food and nutrition security" style="border-bottom: 1px dotted #007bff !important;">security, and improving natural resources. For more information, visit cimmyt.org.

Job Overview:
The coordinator" style="border-bottom: 1px dotted #007bff !important;">Finance Coordinator position at CIMMYT is designed for an outstanding, self-motivated, and result-oriented professional who will support the Finance Manager in delivering timely financial services, financial operations, and accounting functions for the CIMMYT Bangladesh office. The successful candidate will be responsible for coordinating day-to-day financial operations, including accounts payable, accounts receivable, payroll, treasury, and general ledger accounting. This role also involves leading the annual budgeting process for the country office and specific projects, monitoring cash flow, preparing regular cash forecasts, and managing banking relationships to ensure adequate liquidity for operations. The Finance Coordinator will ensure timely and accurate processing of all financial transactions in the CIMMYT ERP system, and will play a crucial role in compliance, audit, and taxation processes, ensuring adherence to both CIMMYT/CGIAR financial manuals and Bangladesh statutory requirements. Additionally, the position requires preparing and submitting accurate financial reports, conducting budget vs. actual variance analysis, and supporting the local finance and admin team in capacity building.

Duties and Responsibilities:
The Finance Coordinator will have a comprehensive set of duties and responsibilities, including: A. Financial Management and Operations: Coordinating day-to-day financial operations, leading the annual budgeting process, monitoring cash flow, preparing cash forecasts, managing banking relationships, and ensuring accurate processing of financial transactions in the CIMMYT ERP system. B. Compliance, Audit, and Taxation: Ensuring compliance with CIMMYT/CGIAR financial manuals, Bangladesh statutory requirements, coordinating the annual statutory audit process, and ensuring compliance with financial rules of major donors. C. Support in Financial Reporting and Analysis: Preparing monthly, quarterly, and annual financial reports, conducting budget vs. actual variance analysis, and preparing financial inputs for donor reports. D. Internal Controls and Systems: Monitoring internal financial controls, identifying process bottlenecks, and conducting financial reviews of sub-grants or local partner organizations. E. Teamwork and Capacity Building: Working directly with and building the capacity of the local finance and admin team.

Required Qualifications:
The position requires a Master’s degree in Finance, Accounting, or Business Management from a recognized university, with a specialization in Finance considered an advantage. Candidates must have a minimum of 5 years' experience in financial management, with proven experience working with International NGOs, UN agencies, or international agricultural research centers. Strong knowledge of Bangladesh statutory laws, tax regulations, and NGO Affairs Bureau compliance will be considered an advantage.

Educational Background:
Candidates must possess a Master’s degree in Finance, Accounting, or Business Management from a recognized university. A specialization in Finance will be considered an advantage, indicating a strong foundation in financial principles and practices essential for the role.

Experience:
The ideal candidate should have a minimum of 5 years' experience in financial management. This experience should include supporting financial operations in a relevant context, such as working with International NGOs, UN agencies, or international agricultural research centers. Proven experience managing finances for projects funded by major international donors is essential, along with a strong understanding of Bangladesh's statutory laws and regulations.

Languages:
Fluency in English (both written and spoken) and Bengali is mandatory for this position. Proficiency in these languages is crucial for effective communication within the organization and with external stakeholders.

Additional Notes:
The position is for an initial fixed-term contract of 12 months, with the possibility of extension based on performance and the continued availability of funds. CIMMYT offers an attractive remuneration package, including health insurance. Applications must include a CV with contact details of 3 work-related references and a cover letter. Incomplete applications will not be considered. This position is recruited locally, and applicants must have the legal right to work in Bangladesh at the time of application. CIMMYT does not provide visa sponsorship or work permit support for locally recruited staff roles. Only short-listed candidates will be contacted, and CIMMYT is an equal opportunity employer that values gender equality, teamwork, and diversity.