Senior Finance Officer, IFRC Bangladesh Country Delegation

International Federation of Red Cross and Red Crescent Societies.; United Kingdom; On-site; GBP 30,000 - 46,000; Full time

Job summary

A major humanitarian organization is seeking a Senior Finance Officer for its Dhaka Office. This role involves managing financial operations, ensuring compliance with policies, and maintaining accurate records. The ideal candidate is an experienced finance professional with a strong background in IFRS and donor-funded projects. The contract is for 12 months with a possibility of extension.

Qualifications

• At least 5 years of experience in financial management roles.
• Strong understanding of International Financial Reporting Standards (IFRS).
• Experience with donor-funded projects is preferable.

Responsibilities

• Manage all financial operations and ensure compliance with IFRC policies.
• Oversee banking transactions and perform monthly reconciliations.
• Ensure tax compliance and handle VAT and TDS.

Skills

Financial management

Accounting

Taxation compliance

Payroll processing

Lease management

Audit preparation

Education

Bachelor's degree in Finance or Accounting

Tools

D365

Job description

The International Federation of Red Cross and Red Crescent Societies (IFRC) is the world's largest humanitarian organization, with a network of 191-member National Societies (NSs). The overall aim of IFRC is "to inspire, encourage, facilitate, and promote at all times all forms of humanitarian activities by NSs with a view to preventing and alleviating human suffering and thereby contributing to the maintenance and promotion of human dignity and peace in the world." IFRC works to meet the needs and improve the lives of vulnerable people before, during and after disasters, health emergencies and other crises.

IFRC is part of the International Red Cross and Red Crescent Movement (Movement), together with its member National Societies and the International Committee of the Red Cross (ICRC). The work of IFRC is guided by the following fundamental principles: humanity, impartiality, neutrality, independence, voluntary service, unity, and universality. IFRC is led by its Secretary General, and has its Headquarters in Geneva, Switzerland. The Headquarters are organized into three main Divisions: (i) National Society Development and Operations Coordination; (ii) Global Relations, Humanitarian Diplomacy and Digitalization; and (iii) Management Policy, Strategy and Corporate Services. IFRC has five regional offices in Africa, Asia Pacific, Middle East and North Africa, Europe, and the Americas. IFRC also has country cluster delegations and country delegations throughout the world. Together, the Geneva Headquarters and the field structure (regional, cluster and country) comprise the IFRC Secretariat.

Duration of the contract

12 months, with possible extension

Based in

Dhaka

Reporting to

Finance & Admin Delegate

Job Purpose

The Senior Finance Officer is responsible for ensuring effective financial management and operational support for the Dhaka Office under the overall direction of the Head of Delegation and direct supervision of the Finance & Admin Delegate. The role oversees day-to-day financial operations, including banking, payments, payroll, taxation, lease management, accounting, and reconciliations, while ensuring compliance with IFRC policies & procedures, donor requirements, local regulations, and International Financial Reporting Standards (IFRS). The officer is also responsible for maintaining accurate financial records, preparing reports, supporting program, managing Shared Office Support Costs (SOSC) allocations, and ensuring proper documentation and filing of financial records. This position plays a key role in maintaining transparency, accountability, and financial integrity across all office operations.

Job Duties and Responsibilities

Financial Operations & Payments

• Manage all banking transactions and ensure timely processing of payments.
• Perform monthly bank reconciliations through D365 and match as per the valid/original bank statements.
• Ensure all payment requests are supported by complete and accurate documentation in line with IFRC policies and donor requirements.
• Check and process invoices, BDRCS funding requests, and other payments following proper workflow approvals in D365.
• Ensure all the supporting documents are uploaded in the payment journal in D365.
• Ensure all vendor and customer accounts are fully settled in D365.
• Monitor BDRCS dormant balances and ensure timely fund transfers.
• Maintain accurate records and filing (hard and soft copy) of all financial transactions to facilitate auditing and reporting.

Accounting & Reconciliation

• Conduct month-end and year-end accounting procedures, including reconciliations, ledger adjustments, and trial balances.
• Ensure all suspense accounts in D365 are cleared in a timely manner.
• Ensure all transactions are properly booked in the ERP system according to IFRS and as per budget lines.
• Assist in preparing annual accounts, audit documentation, and fixed asset tracking.
• Ensure Shared Office Support Costs (SOSC) charges for IFRC and PNS staffs are accurately posted in D365 and align with payroll codes on a monthly basis. Check for errors such as missing SOSC charges or outdated/closed budget codes.
• Perform monthly SOSC reconciliation to ensure accurate allocation and reporting.
• Complete the Delegation Accounting Checklist for each month-end, obtain approval/signature from the Head of Delegation (HoD), and submit it to the Regional Finance Unit (RFU) to confirm month-end closure.

Payroll & Staff Benefits

• Receive payroll information and calculations from HR and perform a second validation to ensure accuracy before processing payments.
• Ensure all payroll entries, including allowances, deductions, and benefits, are correctly calculated.
• Ensure all the payroll cost allocations are up to date in D365 for all IFRC and PNS staff.
• Process monthly payroll accurately and on time, following proper approvals.
• Manage and reconcile gratuity and provident fund payments for Bangladesh national staff.
• Support staff with insurance-related matters, including IFRC assets, group life, and hospitalization insurance, ensuring timely renewals and proper administration.

Taxation & Compliance

• Handle and reconcile VAT, AIT, and TDS for the Bangladesh IFRC office.
• Ensure all tax payments to the government are made on a regular basis and before the taxation due dates to avoid penalties.
• Record and ensure proper accounting of all tax payments in D365.
• Ensure compliance with local taxation laws, IFRC financial policies, and donor requirements.
• Liaise with auditors and tax authorities as needed for assessments and audits.

Supplementary Invoices

• Prepare and issue supplementary invoices to all PNS every month through D365, ensuring timely submission without delays.
• Ensure all bookings for PNS (B-code) are properly recorded in D365, with no missing entries or delays.
• Maintain professional communication with PNS focal points to answer the queries and provide clarifications on any discrepancies related to supplementary invoices.
• Monitor and reconcile PNS invoices to ensure accurate reporting and compliance.

Program Support & Donor Reporting

• Support program colleagues in reconciling CRRA reports from BDRCS and ensure CRRA procedures are followed as per framework agreements.
• Validate quarterly and final the CRRA financial reports submitted BDRCS.
• Provide financial input for budgeting, forecasting, funding request and expenditure tracking as per the CRRA framework agreement.

Lease Management

• Manage all lease agreements in Dhaka Office, ensuring properly documented and maintained.
• Ensure lease payments are processed on time and in accordance with agreements.
• Record all lease transactions accurately in D365, ensuring proper coding and accounting.
• Maintain an up-to-date lease register in D365, including renewal dates, payment schedules, and related documentation.

Governance & Policy Implementation

• Implement and maintain IFRC financial policies, procedures, and internal controls.
• Provide guidance and support to finance staff and other colleagues on financial matters.
• Identify risks in financial operations and recommend measures to mitigate them.

Documentation & Filing

• Maintain all financial related documents in both hard copy and soft copy formats.
• Ensure hard copies are properly filed and prepared for submission to the Regional Warehouse as required.
• Save and organise all financial related soft copies on the Shared Drive in a structured and secure manner on a monthly basis.
• Regularly review and update filing systems to ensure accuracy, completeness, and accessibility.

Other Responsibilities

• Support the Finance & Admin Delegate in budgeting, cost analysis, and financial planning activities.
• Participate in special financial projects as assigned by the Finance & Admin Delegate or Head of Delegation.
• Provide advice, information, and other financial support to Federation staff as needed.
• Carry out any other duties assigned by the line manager.