Finance Assistant

Job Advertisement

Position Title: Finance Assistant
Location: Dhaka
Country: Bangladesh
Deadline Date:

Job Details

Job Posting Organization:
CIMMYT is a cutting-edge, non-profit, international organization dedicated to addressing the challenges of agricultural production systems, particularly in the Global South. Established with a mission to improve the quantity, quality, and reliability of basic cereals such as maize, wheat, triticale, sorghum, and millets, CIMMYT focuses on fostering partnerships that enhance the livelihoods of resource-poor farmers. The organization operates in multiple countries, working towards creating a more productive, inclusive, and resilient agrifood system while adhering to planetary boundaries. For more information, visit cimmyt.org.

Job Overview:
The Finance Assistant position at CIMMYT is designed for a dynamic, self-motivated, and service-oriented professional who will play a crucial role in the financial operations of the organization. The successful candidate will be responsible for processing financial transactions, managing accounts payable and receivable, and ensuring the accuracy of financial records. This role requires a keen eye for detail and the ability to identify discrepancies in financial data. The Finance Assistant will also assist in preparing financial reports and maintaining the confidentiality of sensitive financial information. The position is based in Dhaka, Bangladesh, and is integral to supporting CIMMYT's mission of improving agricultural practices and outcomes for farmers in the region.

Duties and Responsibilities:
The Finance Assistant will have a comprehensive set of responsibilities, including but not limited to: processing and overseeing financial transactions, managing accounts payable and receivable, and ensuring the accuracy of vouchers and financial records. The candidate will prepare vouchers and relevant formats for accurate data entry into the accounting system, considering VAT and TAX issues. They will perform accounting computations and calculations, identify discrepancies, and resolve errors. The Finance Assistant will substantiate financial transactions by auditing documents and secure financial information through database backups. They will maintain financial security" style="border-bottom: 1px dotted #007bff !important;">security by adhering to internal controls and financial policies. Additionally, the candidate will assist in preparing payments by verifying documentation and requesting disbursements, as well as compiling and analyzing account information for asset, liability, and capital account entries. The role also involves preparing financial reports as per senior instructions, maintaining confidentiality of financial information, and contributing to team efforts by accomplishing related results as needed. Other duties may be assigned by the supervisor as required.

Required Qualifications:
Candidates must possess a graduate or master's degree in finance, accounting, or a related field. A solid understanding of the field of work and specialized equipment is essential. Basic knowledge of administrative and operational protocols related to research support functions is required. A minimum of 1 year of experience in the development field, as an auditor supervisor in reputable organizations, or in local companies handling donor-funded projects (such as USAID, BMGF, EU, etc.) is preferred. Knowledge of local taxation for non-profit entities is an added advantage. Proficiency in MS Excel is desirable, and familiarity with accounting software, QuickBooks, or ERP systems will be beneficial.

Educational Background:
The ideal candidate should have a graduate or master's degree in finance, accounting, or a related discipline. This educational background is crucial for understanding the complexities of financial management and accounting practices within the context of a non-profit organization.

Experience:
The position requires a minimum of 1 year of relevant experience in the development sector or as an auditor supervisor in reputable organizations. Experience in handling donor-funded projects is highly advantageous, as it demonstrates the candidate's ability to navigate the complexities of financial management in a non-profit context. Familiarity with local taxation laws applicable to non-profit entities will also be beneficial.

Languages:
While the job description does not specify mandatory languages, proficiency in English is likely essential for communication within the organization and with international partners. Knowledge of Bengali may also be beneficial, given the location of the position in Dhaka, Bangladesh.

Additional Notes:
This position is specifically for Bangladeshi nationals and is offered as an initial fixed-term contract of 1 year, with a 3-month probationary period. Continued employment will be subject to performance evaluations and the availability of funds. CIMMYT offers a nationally competitive salary and benefits package, which includes comprehensive health and life insurance, paid vacation, contributions to a retirement plan, and other benefits as mandated by Bangladeshi law.