Financial Analyst || USAID Bangladesh

Company Name: USAID Bangladesh

Roles & Responsibilities:

Statement of Duties to be Performed
Portfolio Financial Management, Monitoring and Risk Management
Performs or participates in a variety of related duties such as the following: (a) Pipeline Analysis, other financial indicator analysis, Sec. 1311 and Accrual Reviews, Validation of Counterpart/Cost Sharing Contributions; forward funding analysis; (b) Prepares mission-wide and project specific financial reports on portfolio/activity (e.g. Quarterly Financial Review Report) (c) Advises and assists Host Government Officials, Recipients, Contractors, and others, concerning Activity/Program financial matters dealing with budgeting, cash flow projections, financial management, accounting, and internal controls; audit requirements and procedures; and Activity/Program implementation; (d) Conducts end-use checks in coordination with the Contract/ Agreement Officers Representative (C/AOR), Activity/ Program Managers and the Office of Acquisition and Assistance; and (e) Prepares letters, USAID Mission Orders, Administrative Notices, special reports, and other correspondences concerned with Program and Operating Expense (OE) financial matters that may be required. Coordinates the conduct of the annual Federal Managers Financial Integrity Act (FMFIA) Review of management controls for the Mission and works closely with the cognizant support and technical offices, to address required corrective actions in order to obtain full resolution and closure of any identified FMFIA deficiencies, weaknesses and findings. Coordinates or participates in the annual Enterprise Resource Management (ERM) process.
Financial Reviews
As appropriate or required, conducts comprehensive financial reviews in the form of control environment and risk assessments, cost effectiveness assessments, disbursement reviews, indirect cost rate reviews, pre-award survey, pre-closeout and closeout reviews on USAID-funded organizations to determine the levels of accountability and adequacy of control environments within those. Identifies and coordinates the capacity building needs endorsed and/or determined from pre-award assessments, develops an Action Plan or a Scope of Work (SOW) to address those, and oversees implementation. In conjunction with assessments conducted, participates in the conduct of relevant FM training and technical assistance to the Mission, Recipients and Contractors, and to the Host Country Government--aimed at strengthening internal controls and management systems; and at building the capacity of local Non-Governmental Organizations (NGO) and of Host Country Government Implementing Agencies.
Audit Management
In line with the Agencys Audit Management and Resolution Program and accountability requirements, the incumbent acts as the Audit Management Officers designee for the assigned portfolios and assists Technical Offices in meeting their audit management responsibilities. Assists in the interpretation of audit findings and recommendations, gathering of data, drafting of replies, and implementation of corrective actions geared towards timely resolution and closure of audit recommendations. Coordinates with Host Country Supreme Audit institutions, USAID Regional Inspector General, and other FAs on outstanding audit resolution and capacity building implementation. Analyzes, initiates, and takes follow-up actions on audit recommendations by issuing memoranda of corrective actions to ensure effective utilization of Mission-provided resources in compliance with applicable procedures and regulations.
As a member of the Development Objective Team (DO) advises Mission Management and CORs/AORs/Activity Managers on the financial feasibility of complex technical activities; adequacy and reasonableness of Activity/Program Dollar and Local Currency budgets and total costs; alternative sources and appropriate methods of financing; Activity/Program financial reporting, and audit requirements. As appropriate, analyzes revenues to be generated and establishes financial rates of return or other types of financial ratios. Drafts, or coordinates the drafting, of the financial and related aspects of the Activity/Program documentation such as the Activity Approval Documents, Implementation Letters, Development Objective Agreements, Contracts, Grants, Cooperative Agreements, and other funding documents. Formulates Activity/Program Dollar and Local Currency budgets or financial plans.
Supervisory Relationship: Under the general supervision of the Controller and/or Deputy Controller. Performs assignments independently, referring difficult questions to the supervisor or, in the case of technical questions, to the Activity Manager, Cognizant Technical Officer, of the Development Objective Team Leader. Advice and recommendations are reviewed but rarely challenged or changed on technical grounds. Completed work is reviewed for soundness, completeness, and conformity with policies and USAID procedures.
Supervisory Controls: This is a non-supervisory position.
PHYSICAL DEMANDS: The work requested is generally sedentary and poses few physical demands.

Educational Qualification:

Bachelor of Business Administration (BBA)
MINIMUM QUALIFICATIONS REQUIRED FOR THIS POSITION
To be considered for the position, a candidate must meet the Minimum Qualifications listed below.
Education: A university degree in Accounting, Finance, or Business Administration is required.

Work Experience:

At least 7 year(s)

Others Requirements:

Prior Work Experience: A minimum of seven years of progressively responsible, professional-level experience in financial analysis, auditing, or business management consulting is required. Of this experience, at least two years of conducting audits is required. Also, at least two years of relevant experience with a US Government agency, an international organization, or a USAID/international donor organization implementing partner is required. Professional accounting certification (e.g. CPA, CCA, CMA) holders are strongly encouraged to apply.
Job Knowledge: The incumbent should possess a thorough understanding of professional accounting principles, theories, practices, and terminology and a thorough knowledge and understanding of pertinent Host Country laws, regulations, and procedures relating to budgeting, auditing, accounting, and financial management. The Financial Analyst must have a thorough knowledge, or the potential to acquire such knowledge of U.S. Government laws, regulations, and procedures relating to budgeting, auditing, accounting, and financial management, of USAID activity design, development, implementation, revaluation, and closeout processes
Skills and Abilities: Ability to evaluate financial aspects of activities and programs, institutional capacities and capabilities, and adequacy of accounting, financial management and internal controls. Ability to use various computer software (e.g. Excel, PowerPoint, Word) when preparing reports. Ability to present recommendations to a broad audience, both orally and in writing and deliver professional quality reports and presentations. Ability to work with the officials and staff of the Host country, Contractors, Grantees, who may be unfamiliar with USAIDs programming and budgeting process. Must be innovative and have the ability to exercise independent judgement where financial matters are concerned. Ability to work well in teams
Language Proficiency: level IV English and Bangla are required. English level will be tested.
EVALUATION AND SELECTION FACTORS
Only applicants who meet the minimum education and work experience requirements will be considered. Applications will be evaluated according to how well the candidate meets the required qualifications based on the documentation submitted within the application. Only the highest-ranked applicants will be invited for an English test, written exam and oral interview. Final selection will be based primarily on results from the written test and oral interview.

Others Benefit:

Mobile bill, Medical allowance, Provident fund, Weekly 2 holidays, Festival Bonus: 2(Yearly), As a matter of policy, and as appropriate, a CCN PSC is normally authorized the following benefits and allowances: Provident Fund Contribution (10% of base salary) Annual & Sick Leave 2 Festival Bonus Medical reimbursement Deductions for Bangladesh income tax are not made by the U.S. Mission and a declaration of earned income is not provided to the local government. CCN employees are responsible for filing and paying income taxes.