Finance under the Central Management Services

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Description

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icddr,b is a Bangladesh-based international health research institute that strives to solve key public health problems through high-quality scientific research and innovation. icddrb as a values-based organization encourages women and people with disabilities to apply.

Key Responsibilities:

The position “Treasury Officer” reports to Manager, Treasury is responsible to play a pivotal role to process cash/bank transaction receipt vouchers based on inward wire remittance advice, inward local bank transfer, cheques or any other bank instruments by checking money receipts and mobile banking transactions, invoices and bank statements to ensure smooth operation of treasury unit of icddr,b within the policies of Finance and organizational values and guidelines.

The Treasury Officer will be responsible for the following:

Prepare Receipt Voucher against Grant and Agreement: Work closely with Grants and Compliance, Budget & Costing unit to monitor and record receipts remitted through various online systems; Prepare receipt voucher with invoice information; Carry out monthly grants and agreements receipts reconciliation; Review existing processes and implement process optimization for all receipts related transactions in ERP to ensure accurate and timely receipt of Grant related local and overseas funds and maintain accounts Receivables at optimal levels;

Receipt mangement of Training, Courses, Workshops and Seminars Fees : Support Principal Investigator and other stakeholders in receipting fees ( trainings, workshops, seminar) related to manual transaction and ensure accurate and timely recording of all these transactions in ERP; Receive amount through cheques, pay order, bank draft, BEFTN, Credit card, online or mobile banking transaction; Ensure all service recipients and provide payments according to the financial terms & conditions of contract or agreement; Work with the service recipients (internal & external) to ensure all the participants of training, courses, workshops, seminar have been issued receipts to ensure effective and efficient cash management;

Preparation of the monthly cash disbursement forecast and accrued investment income statement: Prepare cash disbursement forecast analysis of upcoming expenses to ensure sufficient liquidity to cover various financial obligations such as payroll, operating expenses, and debt servicing. Simultaneously, calculate accrued investment income and track interest earned on different types of investments to ensure funds are allocated efficiently and accurately to optimize financial performance while maintaining liquidity;

Cashless Transaction Management: Support Manager Treasury In conjunction with the Accounts Unit, PIs and other stakeholder to take the leadership on Cashless initiative; Identify available non-cash methods of receipting and disbursement; Monitor the implementation of the Go Cashless initiative; Ensure receipts and disbursements are monitored, recorded and reconciled. Prepare status reports for management review and work closely with the providers of the Cashless transactions and monitor and assess related risks to mitigate risks and efficient management of cash.

Reporting: Keep proper record of the Centre’s cheque books, money receipts, bank guarantees, canteen coupons and other financial instruments; Prepare cash and cashless transaction report; Reconcile daily coupon sales report; daily cash reconciliation report; Prepare journal vouchers for any necessary adjustment to ensure safe custody of the Centre’s financial instruments and mitigate the risk..

Required qualification and experience:

• Masters in Commerce/MBA in Finance/Accounting. Partly qualified Professional Accountant (ACCA, CA, CMA, CIMA) will be preferable.
• 5 years of work experience (minimum 3 years’ of experience in non-profit or similar international organizations will be preferred.

Source: https://career.icddrb.org/vacancy-preview/32043

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