Finance Officer - Haryali Hubs
Tearfund, Karachi, Pakistan
Job Description
JOB TITLE FINANCE OFFICER - HARYALI HUBS
LOCATION KARACHI
(FREQUENT TRAVEL TO DISTRICT MALIR AND KAMAIR)
RESPONSIBLE TO
GRANT & FINANCE COORDINATOR
JOB OVERVIEW
The Finance Officer will be involved in providing financial and administration support at the Haryali Hubs. The Finance Officer will be closely working with Grant and the Finance Coordinator by assisting in managing the finance function at Haryali Hubs. H/She will play a key role in managing and implementing financial systems in accordance with Tearfund policies and procedures in order to safeguard and mitigate against the risk of financial loss and fraud.
POSITION IN ORGANIZATION
- Grade: B1
- Reports to the Grant & Finance Coordinator
- Line Manages: Bookkeeper - Haryali Hub
ORGANIZATIONAL REQUIREMENTS
- The post-holder will, at all times, carry out their responsibilities with the utmost respect for the protection of children and adults in accordance with Tearfund’s Safeguarding Policy.
- The post-holder will be expected to behave in accordance with Tearfund’s ‘Code of Conduct’ as referred to in the Personal Conduct Policy.
CORPORATE POLICIES, MANAGEMENT SYSTEMS AND PROCEDURES
- Contribute towards promoting and adhering to Tearfund’s Purpose, Basis of Faith, Core Values and Operating Principles.
- Provide support and guidance to team members to ensure all activities are compliant with standard operating procedures.
KEY RESPONSIBILITY
- Assist Grant & Finance Coordinator in implementing financial management & accounting systems for the waste recycling facility - Haryali hubs.
- Prepare income & expenditure report of the waste recycling facility - Haryali hubs on a monthly basis.
- Provide regular feedback to the Grant & Finance Coordinator on Budget Consumption, as per the actual planned and suggest revisions to the budget if required for waste recycling facility - Haryali hubs.
- Manage receivables & payables for the hubs including processing of the invoices from vendors and invoices to the customers, calculate, reconcile and monitor payments & receipts; ensuring the tax compliances are in order with the Income Tax Ordinance of Pakistan.
- Ensure payments are made in a timely manner.
- Manage and report daily cash and prepare cash forecasts, monitor collection activities to ensure timely submission of deposits in the bank.
- Supervise Haryali Hub bookkeeping staff to ensure the smooth implementation of the financial systems, accounting record is complete and filed on daily basis.
- Build capacity of the haryali hub bookkeepers on financial systems for recording entries of waste revenue collection.
- Review the petty cash payments, receipt vouchers & other payment documents prepared & filed by the book keepers.
- Provide monthly cash summary, cash counts, bank statements and bank reconciliations to the Grant & Finance Coordinator.
- Ensure all expenditures are approved in accordance with Tearfund policies and procedures and procurement operating procedures.
- Be available for donor audits and prepare documents as requested by the Grant & Finance Coordinator.
- Facilitate visits and meet the requirements of external and internal Auditors and other external stakeholders.
- Conduct regular field trips to project sites to review activity progress and assist coordinators in identifying the financial implications of changes in proposed activities and assist in revising budget lines as required.
- Any other task assigned by the Line Manager.
External Relationships / Representation
- Establish good working relationships with relevant government departments and other agencies to facilitate financial processes and regulate tax information.
- Establish banking arrangements and maintain liaison with principal bankers.