Manager, Accounts Payable, Finance And Accounts

Responsibilities & Context

BRAC is an international development organisation founded in Bangladesh that partners with over 100 million people living with inequality and poverty globally to create sustainable opportunities to realise potential.

Working at BRAC is not like any other job. It is a platform where you can bring about real change for people who need it the most. We are not just dreaming of a better world, we are building it. Join us to find the way.

Location: Head Office

Job Purpose

This position will be responsible for overseeing the operations and scheduling of the organizationâs Accounts Payable function. By adopting a hands-on approach, the role will ensure that operational standards are met and will contribute valuable accounting information.

Key Responsibilities

Receive day-to-day vendor bills from the procurement module through ERP to ensure accurate and timely processing of payments.

Verify received bills, supporting documents, and codes to ensure compliance with company policies and accounting standards.

Ensure that expenses follow accounting standards to maintain financial integrity and accuracy.

Ensure that applicable TAX and VAT comply with the Tax and VAT Act and Rules to avoid legal issues and ensure proper tax reporting.

Conduct monthly follow-ups and reconciliations of the vendor payable register, ensuring all payable journals are posted to maintain accurate financial records and track outstanding liabilities.

Monitor outstanding vendor commitments to manage cash flow effectively and ensure timely payments.

Oversee vendor accounts, including communicating with new vendors to set up account information to establish and maintain strong vendor relationships.

Ensure the creation of journals and the posting of recurring invoices and agreed-upon commitments to ensure all transactions are accurately recorded and commitments are met.

Manage the amortization of expenses to allocate costs appropriately over the useful life of the asset.

Provide information and support as required, overseeing all financial close activities related to accounts payable to ensure accurate financial reporting and compliance with deadlines.

Lead the preparation and timely submission of any audit requests to support audit processes and ensure transparency.

Coordinate with internal and external auditors, discuss findings (draft an audit report), and meet with concerned officers to implement necessary corrective measures to address any issues and improve financial processes.

SAFEGUARDING RESPONSIBILITIES

Ensure the safety of team members from any harm, abuse, neglect, harassment, and exploitation to achieve the programâs goals of safeguarding implementation. Act as a key source of support, guidance, and expertise on safeguarding for establishing a safe working environment.

Practice, promote and endorse the issues of safeguarding policy among team members and ensure the implementation of safeguarding standards in every course of action.

Follow the safeguarding reporting procedure in case any reportable incident takes place, encourage others to do so.