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Finance & Accounts Officer

BRAC

BRAC is the world’s largest, and leading development organization dedicated to poverty alleviation and empowerment of the poor. Initiated in Bangladesh in 1972, BRAC now operates in 11 countries across Asia, Africa. To counter poverty and promote social empowerment, BRAC strategically integrates development programs in microfinance, agriculture, health, education, human rights and legal aid, community empowerment, and more.

BRAC Rwanda Microfinance Company PLC is registered with Rwanda Development Board in September 2018 and was approved license from the National Bank of Rwanda to operate Microfinance and other financial services in Rwanda.

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BRAC International is Hiring! Join BRAC International to create opportunities for people to realise their potential.

Position: Finance & Accounts Officer

Job Location: BRAC International Rwanda/ Country Office, Kigali (with initial six (6) months at the Regional Office in Nyanza District)

About the Role:

The Finance & Accounts Officer position will support the Finance department’s management of accounting systems, policies, and procedures in compliance with accounting standards, Generally Accepted Accounting Principles (GAAP), donor’s rules and regulations, and legal requirements to support high-quality programs serving the vulnerable. As part of an experienced finance team, the finance & Accounts officer will help coordinate daily financial activities through the duties outlined below.

The successful candidate will be based for the initial six (6) months at the Regional Office in Nyanza District.

Key Responsibilities:

  • Provide operational oversight function on cash/bank transactions in the finance unit
  • Ensure accuracy of all data required for processing financial transactions to right charts of accounts into the ERP system (SBI CLOUD).
  • Follow up and review all project-related travel requests and liquidations in line with travel policy.
  • Prepare bank reconciliation statements on a monthly basis for review by the Finance manager timely.
  • Monitor balances in account receivables and payables, prepare reports on material exceptions to policies or identify long outstanding ones for corrective actions.
  • Ensure that all statutory deductions such as Withholding Tax (WHT) are promptly remitted to the relevant statutory authority monthly
  • Assist in conducting training on financial matters for the project team when necessary.
  • Support the preparation of monthly and end-of-project financial reports and update notes and ICP forms into the FCCS system.
  • Support Finance Manager to ensure high standard of financial stewardship in both country office and field offices
  • Assisting Finance manager in maintaining books, accounts and other financial records for third part reconciliation and inter company reconciliation.
  • Reviewing the correctness and adequate of accounting documents before making payments
  • Preparing all payments, cash withdrawal by bank and clearing advances
  • Undertaking all transactions at bank (preparing transfers, receiving bank debit and credit advice, bank statement every month or where required)
  • Coordinating with cashier to record all receipt vouchers, payments paid in cash to the ledger.
  • Preparing donor reports and make sure to be delivered within deadline.
  • Performing cost allocation of accounts to put into vouchers
  • Posting into the ERP system on daily basis.
  • Support to Finance Manager Prepare donor proposal and budgets and submit them timely
  • Ensuring accounting documents/files for audit
  • Preparing fund request for field office
  • Dealing with customers include bank, visitor, consultant and staff on finance and accounting when required.

Safeguarding responsibilities:

  • Ensure the safety of team members from any harm, abuse, neglect, harassment and exploitation to achieve the programme’s goals on safeguarding implementation.
  • Act as a key source of support, guidance and expertise on safeguarding for establishing a safe working environment.
  • Practice, promote and endorse the issues of safeguarding policy among team members and ensure the implementation of safeguarding standards in every course of action.
  • Follow the safeguarding reporting procedure in case any reportable incident takes place, encourage others to do so.

Academic Qualifications:

  • Bachelor of business administration preferably in Finance / Accounting and Professional Accounting qualification from any recognized institute.

Required Skills, Competencies & Knowledge:

  • Strong fluency with excel formulas and functions.
  • Strong analytical and data gathering skills
  • Principles of budgetary administration
  • Financial control and monitoring
  • Preparing fund request for field office
  • Principles and practices of cash flow analysis and cost accounting.
  • Financial, statistical and comparative analysis and formulas.
  • Financial planning, forecasting, organizing, teamwork and collaboration.
  • Having any other professional degree on finance or accounting will add advantage.
  • Working for any other international or local NGO will also add advantage.

Experience Requirements:  

  • Minimum 2 years work experience in the relevant field.

Employment type: Regular/Fixed-Term

Salary: Negotiable

About BRAC International:

BRAC International (BI), a leading non-profit organization, is on a mission to empower people and communities facing poverty, illiteracy, disease, and social injustice. Our vision is to create a world free from exploitation and discrimination, where everyone has the opportunity to realize their potential. We design proven, scalable solutions that equip people with the support and confidence they need to achieve their potential.

BRAC was founded in Bangladesh in 1972 and over the last five decades has grown to become one of the world’s largest non-governmental organisations (NGOs), reaching over 100 million people. We started our first international operation by venturing into Afghanistan in 2002, building on lessons from our work in Bangladesh to support a nation devastated by war. Currently operating in 16 countries across Asia and Africa. Born, proven and led in the Global South, BRAC International brings a unique Southern perspective and commitment to continuous learning, providing a depth of insight, experience and evidence to meet the needs of diverse communities with humility and courage across Asia and Africa. To learn more about BRAC International, please visit (www.bracinternational.org)

Our Core Values:

Integrity: We approach our work with honesty and integrity.

Innovation: We innovate and iterate to improve our impact.

Inclusiveness: We foster inclusion to reach those who need it most.

Effectiveness: We strive for effectiveness to better serve people in poverty.

If you feel you are the right match for the above-mentioned position, please follow the application process to grab your dream opportunity!

Qualified and interested candidates are recommended to email their Resume with a signed cover letter in a single PDF format and any supporting documents to bracrwandarecruitment@gmail.com; mentioning a brief academic background, career summary, core competence, notarized copies of academic qualifications and professional certifications (if any) etc. within 250 words.

Please mention the name of the position in the subject bar.

Application deadline: 10th November 2024

BRAC is committed to safeguarding children, young people and 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 policy and procedure include extensive background checks and disclosure of criminal records in order to ensure safeguarding to the fullest extent.

“BRAC International is an equal opportunities employer”

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