Finance Officer

The Finance Officer is responsible for daily accounting tasks, coordinating financial functions, and ensuring compliance with procedures and donor regulations. The role also serves as the primary focal point for implementing partners, providing financial technical advice, capacity building, compliance checks, audit preparation, and partner budget/report reviews.

Responsibilities

• Ensure timely processing of payments following internal checklists, national tax laws, and donor regulations.
• Maintain and update Payment Trackers and IW workflows.
• Initiate monthly Cash Transfer Requests (CTR) and maintain sufficient cash balances.
• Manage informal agent fee submissions as needed.
• Update cashbooks daily for accurate cash count and bank balances across all currencies.
• Upload PEX, Vendor Payments, and General Journal (GJ) entries into the Dynamics ERP system accurately and on time.
• Complete monthly bank reconciliations and perform invoice entries prior to vendor payments.
• Assist with monthly and yearly country office financial closings and audit documentation.
• Liaise with Program and Support teams during regular coordination meetings.
• Conduct field monitoring and support program teams during direct cash payments to beneficiaries.
• Serve as the main contact person and provide technical guidance to implementing partner finance teams.
• Design tools, financial reporting formats, and templates to assist partners in managing financial data.
• Conduct regular financial capacity-building sessions and training for partner staff.
• Check, validate, and review partner financial reports before loading transactions into the ERP system.
• Conduct due diligence evaluations of partner financial policies, procedures, and guidelines.
• Exercise budgetary controls during partner proposal budgeting, budget revisions, and expenditure tracking.
• Facilitate and track installment disbursements based on Sub-Grant Agreement (SGA) milestones.
• Hold monthly meetings with Budget Holders and partners to review key variances, co-funding, indirect cost allocations, and corrective actions.
• Perform regular compliance checks/audits on partner financial reports with feedback for learning and accountability.
• Ensure partners adhere to country statutory obligations (taxes, levies, statutory returns).
• Coordinate partner General Ledger (GL) uploads into Dynamics prior to extracting donor reports.
• Support partner assessment processes and follow up on audit improvement plans.
• Liaise and support with program team and support service team on regular coordination meeting for technical support
• Field monitoring and supporting programming on cash payments to beneficiaries.
• Any other duties relating to the nature of the job as requested by the Line Manager or Finance Specialist.

Requirements

• University Degree in Finance/Accounting or Business Administration or equivalent professional qualification
• Minimum 2 years of relevant work experience in financial/accounting field
• Certification of LCCI Level I, II, III
• Good level in English and Myanmar languages, both in written and Oral is required.
• Advanced proficiency in Excel
• Basic proficiency in PowerPoint and Word
• Experience in working in NGOs
• All DRC roles require the post-holder to master DRC’s core competencies: Striving for excellence, Collaborating, Taking the lead, Communicating, Demonstrating integrity

Skills

• Financial Accounting
• Budget Management
• Donor Compliance
• Financial Reporting
• Audit Preparation
• Partner Budget Review
• Capacity Building
• Financial Technical Advice
• Excel
• Power Point
• Word
• LCCI Certification
• NGO Finance

Languages

English, Myanmar