November 16th, 2022 at 05:40 am
Chief Finance Officer at BRAC International Holdings
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 International Holdings B.V. (BIHBV) is a socially responsible for-profit organization, engaging people in sustainable economic and income-generating activities. The core focus of BIHBV is to provide microfinance services outside Bangladesh to people who are financially constrained and marginalized, and people who do not have access to the financing facilities offered by commercial banks and other non-bank financial institutions. It does this through its international microfinance activities .
BRAC International Holdings B.V. is seeking application from competent, dynamic and self-motivated individuals to fill the following position: Chief Finance Officer
The Chief Finance Officer, BRAC International Holdings B.V., Ghana is a position based in Ghana. The candidate will drive and oversee all the financial activities for the institution as well as formulate financial strategies for BRAC International Holdings B.V. to support and ensure the overall success of the institution.
- Employment Type: Regular
- Salary: Negotiable
- Job Location: Accra, Ghana
Key Responsibilities:
- Develop framework and maintain timely and accurate financial statements and reports to all the relevant stakeholders by following International Financial Reporting Standards (IFRS) to ensure all financial activities are properly approved, recorded and documented.
- Then, Review the financial reporting and provide the CEO with relevant reports as required at board meetings to ensure accuracy.
- Review and drive the annual audit for BRAC Ghana and provide the board of directors with the findings to ensure adherence.
- Also, Discuss audit issues with the auditors and follow up with the management team on the implementation by working closely with external auditors and regulatory bodies.
- Develop and maintain financial accounting systems for cash management and petty cash for BRAC Ghana to minimise the financial risk; analyse financial change in the environment and advise management accordingly.
- Moreover, Develop and enforce internal financial and accounting policies and procedures of BRAC Ghana to ensure compliance.
- Establish guidelines for budget and forecast preparation and prepare the annual budget in consultation with the CEO as well as plan for the implementation of the budgets for BRAC Ghana.
- Monitor all legislation relevant to the institution and all regulations on professional certification to ensure that the institution is compliant.
- Review financial reports of donor funds, attend donor/lender meetings and take necessary steps to implement the recommendation regarding financial nature.
- Review and implement the finance and accounting module of BRAC Ghana as well as strategize, organise, direct and control the overall management of financial activities to ensure efficient financial management.
- Lead, coach and guide the staff in technical expertise, management, and soft skills, where necessary in order to enhance capabilities and deliver up to expectations.
Safeguarding
- Establish a safeguarding culture across all levels of the programme by implementing the safeguarding policy. Act as a key source of support, guidance and expertise on safeguarding for establishing a safe working environment.
- Responsible to ensure team members are appropriately trained, supported and have access to resources regarding issues that are identified and actioned in accordance with the safeguarding policy and procedure.
- Follow the safeguarding reporting procedure in case any reportable incident takes place, encourage others to do so.
Educational Requirements:
- Minimum Bachelor’s Degree in Finance or Accounting or relevant subjects.
- Recognized Professional Qualification on Finance and Accounting such as ICA Ghana, ACCA or CPA will be of added advantage.
Required Competencies:
- Financial accounting
- Financial system setup and development
- Financial reporting
- Project budgeting and cost control
- Audit and compliance
- Financial management skills
- Financial and BRAC operations policies and procedures
- Internal controls assessment
- Fraud detection & control
- Financial performance analysis
Experience Requirements:
- 10 years of relevant work experience, 5 of which should have been a senior management position in a similar organisation
- Experience in financial services sector
- Experience with managing complex accounting and finance system, including reporting, budgeting, audit and compliance in INGO with multiple country orientation
How to Apply for this Chief Finance Officer at BRAC International Holdings
If you feel you are the right match for the above mentioned position, please follow the application instructions accordingly:
External candidates need to email their CV with a letter of interest mentioning educational grades, years of experience, current and expected salary at recruitment.bi@brac.net
Internal candidates need to apply with their latest CV including all job assignments in detail with BRAC PIN and email to internal.bi@brac.net
Please mention the name of the position and AD# BI 127/22 in the subject bar.
Only complete applications will be accepted and short listed candidates will be contacted.
Application deadline: 26 November 2022
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