The Ready-Made-Garments {RMG} Sustainability Council (RSC) is an unprecedented initiative to carry forward the significant accomplishments made on workplace safety in Bangladesh. The RSC conducts structural, electrical, fire and boiler safety inspections, support and monitor remediation, conduct safety training and operate an independent safety & health complaints mechanism available to workers in RMG factories in Bangladesh.
The RSC seeks a Chief Safety Officer (CSO) to continue the work of ensuring worker safety in the Bangladesh Ready Made Garment. Reporting to the board of the RSC, the position will be based in Dhaka, Bangladesh
Job Responsibilities
- Monitor and process incoming funds from donors, partners, and voluntary contributors.
- Maintain accurate accounting records of fund disbursements, expense settlements, and membership contributions.
- Ensure all funds are collected and deposited in designated accounts on time.
- Coordinate with donors, clients, and relevant stakeholders to track outstanding payments and resolve discrepancies.
- Record fund collections and contribution transactions in the accounting system following IFRS guidelines (See technical skills section)
- Allocate funds accurately based on donor agreements, project budgets, and organizational policies.
- Ensure proper classification of restricted and unrestricted funds.
- Assist in the accrual and deferral of contributions/fees/donations for financial reporting accuracy.
- Process adjustments and reconciliations related to fund collection and expenses transactions.
- Perform monthly reconciliation of collected funds with bank statements.
- Prepare revenue and fund collection reports for management review.
- Support external audits by providing necessary documentation on fund transactions.
- Track outstanding receivables and coordinate follow-ups with relevant stakeholders.
- Solicit ad-hoc reconciliation to ensure that contributions are received on time.
- Ensure compliance with donor requirements, tax regulations, and financial policies.
- Maintain proper documentation of all fund collection transactions for audit and reference.
- Assist in regulatory reporting (e.g., VAT, tax, donor reporting) as required.
- Support financial risk management related to fund handling and revenue recognition.
- Liaise with internal departments for fund utilization tracking.
- Communicate with banks, donors, and clients for payment processing and confirmations.
- Assist in improving fund collection and expense management processes
- Fund Collection & Revenue Reconciliation:
- Monitor and process incoming funds from donors, partners, and voluntary contributors.
- Maintain accurate accounting records of fund disbursements, expense settlements, and membership contributions.
- Ensure all funds are collected and deposited in designated accounts on time.
- Coordinate with donors, clients, and relevant stakeholders to track outstanding payments and resolve discrepancies.
- Accounting & Financial Treatment:
- Record fund collections and contribution transactions in the accounting system following IFRS guidelines (See technical skills section)
- Allocate funds accurately based on donor agreements, project budgets, and organizational policies.
- Ensure proper classification of restricted and unrestricted funds.
- Assist in the accrual and deferral of contributions/fees/donations for financial reporting accuracy.
- Process adjustments and reconciliations related to fund collection and expenses transactions.
- Reconciliation & Reporting:
- Perform monthly reconciliation of collected funds with bank statements.
- Prepare revenue and fund collection reports for management review.
- Support external audits by providing necessary documentation on fund transactions.
- Track outstanding receivables and coordinate follow-ups with relevant stakeholders.
- Solicit ad-hoc reconciliation to ensure that contributions are received on time.
- Compliance & Documentation:
- Ensure compliance with donor requirements, tax regulations, and financial policies.
- Maintain proper documentation of all fund collection transactions for audit and reference.
- Assist in regulatory reporting (e.g., VAT, tax, donor reporting) as required.
- Support financial risk management related to fund handling and revenue recognition.
- Coordination & Communication:
- Liaise with internal departments for fund utilization tracking.
- Communicate with banks, donors, and clients for payment processing and confirmations.
- Assist in improving fund collection and expense management processes
Employment Status
Work Type
Office Time
Off DAY
Gender
Education
- Bachelor/Honors, Masters
- Bachelor’s/master’s degree in accounting or finance.
- CA CC (Must be certificate level completed) from a renowned CA firm (firms that qualify for the audit of listed companies and Banks)
- Bachelor’s/master’s degree in accounting or finance.
- CA CC (Must be certificate level completed) from a renowned CA firm (firms that qualify for the audit of listed companies and Banks)
Experience
- At least 2 years
- The applicants should have experience in Garments
Additional Requirement
- 2+ years of (post-CC) experience in revenue management, receivable management, payable management, or treasury management in reputed organizations.
- Able to demonstrate experience in large vendor reconciliation/receivable reconciliation/fund reconciliation.
- Strong knowledge of financial reporting standards, specifically IFRS 15, IAS 20, IAS 16, IAS 38, IFRS 5, IAS 37, IFRS 16, IAS 19, and IAS 23.
- Considerable knowledge of Income Tax Laws (ITA 2023) & and Added Tax Laws (VAT & SD Act 2012).
- Proficiency in accounting software (SAP, Tally, or similar ERP systems).
- Advanced Excel skills for financial analysis and reporting.
- Strong analytical and problem-solving abilities.
- Detail-oriented with high accuracy in financial record-keeping.
- Excellent communication and coordination skills.
- Ability to handle confidential financial information with integrity.
- 2+ years of (post-CC) experience in revenue management, receivable management, payable management, or treasury management in reputed organizations.
- Able to demonstrate experience in large vendor reconciliation/receivable reconciliation/fund reconciliation.
Technical Skills
- Strong knowledge of financial reporting standards, specifically IFRS 15, IAS 20, IAS 16, IAS 38, IFRS 5, IAS 37, IFRS 16, IAS 19, and IAS 23.
- Considerable knowledge of Income Tax Laws (ITA 2023) & and Added Tax Laws (VAT & SD Act 2012).
- Proficiency in accounting software (SAP, Tally, or similar ERP systems).
- Advanced Excel skills for financial analysis and reporting.
- Soft Skills:
- Strong analytical and problem-solving abilities.
- Detail-oriented with high accuracy in financial record-keeping.
- Excellent communication and coordination skills.
- Ability to handle confidential financial information with integrity
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Job Location
Salary
