3 days ago

Compliance Officer (Finance Controller)

Rural Rehabilitation Association for Afghanistan
124

Position Title: Compliance Officer (Finance Controller)

2024-11-14        Kabul       Full Time        124

Job Location: Kabul
Nationality: National
Category: Program
Employment Type: Full Time
Salary: As per the organization's salary scale
Vacancy Number: RRAA-HO-CO-189-2024
No. Of Jobs: 1
City: Kabul
Organization: Rural Rehabilitation Association for Afghanistan
Years of Experience: A minimum of 5-7 years of progressive experience in financial management, compliance, or auditing, preferably within the NGO or international development sector.
Contract Duration: 12 months with possible extension
Gender: Male/Female
Education: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field. A professional certification (e.g., CPA, ACCA, CFA) is highly desirable.
Close date: 2024-11-14

About Rural Rehabilitation Association for Afghanistan:

Rural Rehabilitation Association for Afghanistan (RRAA) is a non-profit, non-governmental, and non-political NGO established in 1990. The head office of the organization is located in Kabul, Afghanistan, and delivers humanitarian services in the sectors of Livelihood, Good Governance, WASH, and Emergency through its four regional offices in Mazar, Herat, Jalalabad, and the central zone in a decentralized manner.

Job Descriptions:

The Compliance Officer (Finance Controller) ensures that RRAA’s financial operations comply with internal policies, donor requirements, and Afghan regulations. The officer will oversee the financial and regulatory compliance of all RRAA activities, safeguarding assets, ensuring accountability, and preventing fraud.

Financial Compliance:

  • Ensure compliance with internal financial policies and procedures, donor agreements, and Afghan laws.
  • Review financial records, documents, and transactions for accuracy and adherence to regulations.
  • Ensure all financial operations comply with international accounting standards, particularly regarding fund allocation and reporting.

Budget Monitoring and Reporting:

  • Work closely with program managers to monitor budget execution and ensure expenditures are within approved budget lines.
  • Provide oversight on financial reporting to donors, ensuring reports are submitted on time, are accurate, and comply with donor regulations.
  • Review monthly and quarterly financial reports, including balance sheets, income statements, and cash flow statements.

Risk Management and Internal Controls:

  • Evaluate and improve internal control systems to minimize financial risk and ensure the proper use of resources.
  • Assist in developing risk management strategies and conduct regular risk assessments, with particular attention to financial risks (fraud, mismanagement, etc.).
  • Ensure proper documentation, procedures, and approvals are in place for financial transactions.

Audit Facilitation:

  • Coordinate with the internal and external auditors, providing them with the required information for audit processes.
  • Monitor the implementation of audit recommendations to ensure that financial and compliance issues are addressed.

Regulatory Compliance:

  • Stay updated on changes in Afghan tax laws, labor laws, and other regulations affecting RRAA’s financial operations.
  • Ensure RRAA’s compliance with all tax and regulatory filings, such as payroll taxes, VAT, and annual financial statements.

Donor Compliance:

  • Ensure that all donor-funded projects adhere to specific donor financial guidelines, including procurement rules, allowable costs, and reporting requirements.
  • Track compliance requirements for various grants and donor agreements and ensure timely, accurate reporting.

Fraud Prevention and Investigation:

  • Develop and implement anti-fraud policies and systems.
  • Investigate any allegations of fraud or financial mismanagement and report findings to senior management.

Training and Capacity Building:

  • Provide training and guidance to finance staff and program managers on donor compliance, internal controls, and financial reporting.

Build staff capacity on compliance issues to improve overall financial management within the organization

Competencies:

  • Integrity and Ethics: Demonstrates the highest level of integrity and ethical behavior in handling financial and compliance matters.
  • Attention to Detail: Ability to thoroughly review and analyze financial documents and ensure accuracy in reporting.
  • Analytical Skills: Strong financial analysis skills, with the ability to assess risks and recommend improvements.
  • Communication: Ability to clearly communicate compliance requirements and train staff on financial procedures.
  • Adaptability: Capacity to work under pressure and adapt to changing financial and regulatory environments.
  • Problem Solving: Strong skills in identifying issues and developing practical solutions to financial or compliance challenges.

Authority and Independence:

The Compliance Officer will have the authority to access all financial records and documentation necessary for ensuring compliance. The officer is expected to work independently while providing regular updates to the Executive Director and the Finance and Audit Committees.

Safety and Security:

  • Ensure all personal safety and security issues are considered while in the office and project site.
  • Follow all security and safety messages dispatched by the Safety/Security focal point and regional office.
  • Follow the organization safety security SoPs and ensure all advice recommended are implemented.
  • Report any safety/security issues and incidents to the SSFPs, provincial manager and regional office.
  • Coordinate all your field tripes with SSFP and provincial manage

Confidentiality:

  • Follow data confidentiality measures, such as encryption, access controls, data masking, and strict policies.
  • play a crucial role in safeguarding sensitive information from unauthorized access or disclosure. 
  • Plays an essential role in protecting individuals, maintaining business security and safeguarding private data.
  • All information accessed during the audits must remain confidential, and the Internal Auditor must adhere to RRAA’s confidentiality and data protection policies.

Job Requirements:

  • Education: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field. A professional certification (e.g., CPA, ACCA, CFA) is highly desirable.
  • Experience:
    • A minimum of 5-7 years of progressive experience in financial management, compliance, or auditing, preferably within the NGO or international development sector.
    • Strong experience in working with donors such as USAID, EU, UN agencies, and other bilateral/multilateral donors.
    • Proven experience in managing and monitoring large budgets and overseeing financial compliance processes.
  • Skills:
    • Advanced knowledge of international accounting standards (IFRS or GAAP).
    • Strong understanding of Afghan financial regulations, tax laws, and donor regulations.
    • Proficiency in financial software (e.g., QuickBooks, Oracle NetSuite) and MS Office applications.
    • Excellent problem-solving, analytical, and communication skills.
    • Strong leadership and team management abilities.
  • Language: Fluency in English, Dari, and Pashto.

Submission Guidelines:

  1. Send their CVs and cover letters in PDF format no later than November 14, 2024.
  2. Please put the announcement number [RRAA-HO-CO-189-2024] and position title in the subject box of your email.
  3. Please do not attach and send your education and work experience documents at this stage.
  4. Please send your application from your personal and active email address
  5. Please make sure your contact number/s in your CV is updated and working.

Please note that:

  1. Only eligible and qualified Afghan candidates are encouraged to apply.
  2. Late applications will not be considered.
  3. Applications with no clear subject line, as mentioned above, will not be considered.
  4. Female candidates are highly encouraged to apply
  5. RRAA is committed to promoting gender equality and creating a supportive work environment for women. We believe that diversity and inclusion enhance our work and strongly encourage women to apply for this position.

Submission Email:

vacancy.ho@rraa.org.af

Apply


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