Posted date | 15th November, 2024 | Last date to apply | 24th November, 2024 |
Country | Pakistan | Locations | Karachi |
Category | Finance & Financial Services | ||
Type | Full Time | Position | 1 |
About CRS:
CRS is an international NGO based in the United States that works in over 100 countries to promote human development by responding to major emergencies, fighting disease and poverty, and nurturing peaceful and just societies. CRS was established in 1943 to help war-torn Europe, and its refugees recover. Today, we continually seek to help those most in need, providing-assistance based on need, without regard to race, creed or nationality.
Job Summary:
You will help coordinate and contribute to the implementation of the Country Program’s (CP’s) accounting systems, policies and procedures in compliance with CRS’ established accounting standards, Generally Accepted Accounting Principles (GAAP), donors’ rules and regulations, and legal requirements to support high-quality programs serving the poor and vulnerable. You will efficiently perform accounting services through documenting financial transactions by compiling, analyzing, and verifying account information; preparing account entries; and delivering financial reporting services.
The Finance Officer can be assigned responsibility for delivery of accounting and financial reporting services for the entire program, for a field office, or for either payable or receivable transactions.
Roles and Key Responsibilities:
- Review and validate supporting documentation before processing of financial transactions to ensure all required documents are accurate and complete and authorizations are in place.
- Ensure setup and maintenance of all data required for processing financial transactions for assigned accounts in Insight financial accounting package.
- Record financial transactions following appropriate authorizations. Review and analyze various accounts to detect irregularities. Advise on corrective actions and prepare correcting entries and adjustments, as necessary.
- Maintain books of accounts for all the assigned projects in the system.
- Monitor disbursement/receipt schedules, alert relevant staff of due payments/liquidations, and maintain appropriate communication and follow-up to facilitate timeliness of financial resource management.
- Evaluate and monitor subrecipient financial management processes in accordance with policy and strengthen capacity of partner in financial accounting and transactions.
- Prepare various, periodic and ad hoc financial reports, as needed, and perform variance analyses to assist with decision-making and proper management of financial resources.
- Provide information to subrecipients and staff on financial accounting policies and procedural compliance issues and contribute to capacity strengthening.
- Perform assigned treasury (cash payment/receipt, cash forecast, etc.) duties, as long as segregation of duties is ensured.
- Prepare financial reports for the Donors and Country Program staff when required.
- Maintain and implement good working knowledge of all project budgets and applicable CRS, donor and country law regulations
Basic Qualifications:
- Graduation degree in Accounting, Finance, Economics, Business Administration with courses in accounting, or a qualification in accounting (CPA/ACCA or equivalent).
- Minimum of five years experience in a position with similar responsibilities, preferably with an international or local NGO, or a financial/banking institution.
Required Languages – English and Urdu
Travel – Regular travel to field and subrecipients offices as needed (%50)
Knowledge, Skills and Abilities
- Knowledge of the relevant public donors’ regulations preferred.
- Proficient in MS Office packages (Excel, Word, PowerPoint, Visio), Web Conferencing Applications. Knowledge of financial reporting software preferred.
Preferred Qualifications
- Excellent analytical skills with ability to detect and report inconsistencies
- Accuracy and completeness with great attention to detail
- Ethical conduct in accordance with recognized professional and organizational codes of ethics
- Proactive, resourceful, solutions oriented and results-oriented
- Ability to work collaboratively
Agency REDI Competencies (for all CRS Staff):
Agency competencies clarify expected behaviors and attitudes for all staff. When demonstrated, they create an engaging workplace, help staff achieve their best, and help CRS achieve agency goals. These are rooted in the mission, values, and guiding principles of CRS and used by each staff member to fulfill his or her responsibilities and achieve the desired results.
- Personal Accountability – Consistently takes responsibility for one’s own actions.
- Acts with Integrity - Consistently models values aligned with CRS Guiding Principles and mission. Is considered honest.
- Builds and Maintains Trust - Shows consistency between words and actions.
- Collaborates with Others – Works effectively in intercultural and diverse teams.
- Open to Learn – Seeks out experiences that may change perspective or provide an opportunity to learn new things.
Agency Leadership Competencies:
- Lead Change – Continually looks for ways to improve the agency through a culture of agility, openness, and innovation.
- Develops and Recognizes Others – Builds the capacity of staff to reach their full potential and enhance team and agency performance.
- Strategic Mindset – Understands role in translating, communicating, and implementing agency strategy and team priorities.
Supervisory Responsibilities (if none, state none)
- None
Key Working Relationships:
Internal: Finance Manager, Country Manager , Operations Manager, Senior Management Team, Finance Officer for Partnership, Program Managers, .
External: Partner Organizations, Local Banks, Local Taxation and Social Security Authorities, Auditors, Government Entities, Donors
Disclaimer: This job description is not an exhaustive list of the skill, effort, duties, and responsibilities associated with the position.
CRS' talent acquisition procedures reflect our commitment to protecting children and vulnerable adults from abuse and exploitation.
CRS is an Equal Opportunity Employer.
A development sector organization is looking for Qualified and exper....
A development sector organization is looking for Qualified and experienced personal to fil....
Relevant Experience: Bachelors or Masters Degree in Finance from a....
Do you want to do work that really matte....