Finance officer


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Finance officer

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Finance officer

  1. 1. Mennonite Economic Development Associates - Pakistan INTRODUCTION:Since its inception in 1953, Mennonite Economic Development Associates (MEDA) has been committed tolocal ownership and sustainable outcomes. MEDA is currently working in many countries all around theworld. Our goals are to use a business-oriented approach to international economic development thatresults in sustainable enterprises for the benefit of the poor and to help them improve their livelihoods. Ourdevelopment values are wealth creation by adding value in managing human, financial and environmentalresources; participation of those with whom we work - at all stages and levels of a project - regardless ofgender, race, class, ethnicity, nationality or religion; collaboration with others engaged in development toavoid duplication and competition; sustainability, both programmatically and environmentally; and directinvestment in businesses that serve the poor. MEDA has been working in Pakistan since 2004 in the fieldof women’s economic development and currently implementing a number of projects all over the country. JOB TITLE: Finance Officer REPORTS TO: Finance Manager DUTY STATION: Islamabad A. PURPOSE OF THE POSITION The Finance Officer is responsible for maintaining financial and accounting services in order to meet mandatory requirements and support operations. B. SCOPE The Finance Officer reports to the Finance Manager and is responsible for preparing financial statements, maintaining cash/Bank controls and preparing the payroll The Finance Officer must work within the Financial Management policies, Organizational policies and procedures and in compliance with all Territorial Acts and Legislation. C. RESPONSIBILITIES Administer and monitor the financial system in order to ensure that the organization’s finances are maintained in an accurate and timely manner Specific Responsibilities: Implement financial policies and procedures Assist with preparation of the budget Establish and maintain cash/bank controls, monitor cash reserves and ensure the safeguarding of all funds Prepare and reconcile bank statements Processes invoices and all other claims for payment Ensure transactions are properly recorded and entered into the computerized accounting system Deduction and depositing of tax withheld and submission of corresponding statements in accordance with income tax ordinance 2001 and FBR. Prepare/update monthly financial statements and reconcile support schedules. Assist with the audits Manage the filing, storage and security of documents
  2. 2. effectively respond to the queries Process Payroll Verify and code timesheets and hours worked Calculate employee salaries, deductions and contributions Ensure timely transfer of salaries in the bank accounts Perform other related duties as requiredD. Qualification and experience required Masters degree or equivalent in accounting. At least 3 years of experience in finance preferably with the development sector.E. KNOWLEDGE, SKILLS AND ABILITIES Understanding and ability to work with computerized accounting. ACCPac experience will be an advantage. Strong understanding of generally accepted accounting principles, donor regulations specifically USAID and/or CIDA, local tax laws, financial statements Accounting and bookkeeping skills Analytical and problem solving skills Effective verbal and written communications skills in English and Urdu Honest and trustworthy and be respectful possess cultural awareness and sensitivity Self motivated, team player and demonstrate strong work ethics Ability to work under stress and tight deadlinesMEDA offers competitive salary packages and excellent working environment. We highlyencourage candidates meeting the criteria to apply, if like to become part of a dynamic team andan organization that is truly committed to bring change in people’s life. Please send your CV alongwith covering letter describing your suitability for the position to the following email address; (Please MENTION “position title” in the subject line of the email)Deadline for submission of applications is May 02, 2011. Females and minorities are highly encouraged to apply.