Mutahid Development Finance Institution, Kabul, Afghanistan
Mutahid (meaning United in local language) Development Finance Institution (MUTAHID) was established on April 1, 2011 and initially three MFIs namely Microfinance Agency for Development and Rehabilitation of Afghan Communities (MADRAC), Parwaz Microfinance Institution (PARWAZ) and Mofad Microfinance Company (MOFAD) were consolidated. Later on, three additional MFIs namely Women for Women International Microfinance Afghanistan (WWI), Ariana Financial Services (AFS) and ChildFund Afghanistan Microfinance Limited (CFA MF) consolidated into MUTAHID. The creation of MUTAHID was an opportunity to combine the best components of these consolidating institutions and to preserve the significant investments made over the last few years, to create one larger, stronger and sustainable, best practice MFI based on the core principles of ethics, ideas and hard work while incorporating the lessons learned from the past. Microfinance Investment Support Facility for Afghanistan (MISFA) is supporting MUTAHID directly by providing direction, capacity building and financial resources and while a division of MISFA is run as a separate autonomous operating entity. The management of MUTAHID is ensuring the orderly and judicial transfer of good clients, quality staff and assets of the consolidating institutions.
Under the supervision of the Head of Finance, the Finance Officer is responsible for maintaining financial and accounting services in order to meet the financial standards and reporting requirements for MUTAHID DFI.
Collecting the cash summary reports from all Mutahid’s branches and reconciling all the cash reports of the branches and recording in the system on daily and monthly basis.
• Collecting the petty cash from the branches and doing reconciliation with all supporting documents of expense and recording in the books of account at the end of the month.
• Preparation and updating of daily bookkeeping in accordance with the guidelines set forth in Mutahid’s Finance Manual.
• Preparing bank transfer statements for advance and payments.
• Preparation of day-to-day vouchers and ensuring appropriate entry in the QuickBooks accounting system.
• Make assure proper Filing of the expenses, repayment documents, and QuickBooks vouchers.
• Carry out financial activities on regular basis (deposits, withdrawals, expenditures, payables, petty cash, tax calculations, reconciliations.
• Prepare tax summary report and fill the forms and tax clearance of Payroll, Services Contractors, and Rent for the month.
• Preparing bank reconciliation statements for the concerned bank accounts Weekly and Monthly.
• Keep track of fixed assets and other subsidiary records i.e. depreciation & amortization.
• Monitor branch-level accounts, and records and provide them with proper feedback.
• Work closely with branches Cashiers in cash handling and advice for bank deposits, petty cash expenses, and other related matters.
1. Generation of Accurate Reports:
• Prepare the following reports:
Weekly:
• Reconciling repayments, and disbursements report in QuickBooks with MIS department.
- Monthly:
• Receiving & verifying petty cash vouchers from Mutahid branches.
• Preparing bank reconciliation report of Mutahid accounts with QuickBooks.
• Preparing Tax calculations and Tax transfer reports.
• Assist Finance head in monthly report preparation.
2. Miscellaneous:
• Perform any other relevant duty assigned by the supervisor.
Education: Bachelor’s Degree (Specialization in Finance)/Accounting-related diploma/Certifications.
Knowledge: Accounting, MS Office, QuickBooks.
Skills/Abilities:
Accuracy Problem solving Organizing Attention to detail
Analytical Planning Coordinating Data Analysis
Logical in presenting ideas Written/oral English Mathematics Teamwork
Please send your CV with Cover letter to below email address
Post Date
Aug 21, 2023
Closing Date
Aug 28, 2023
Reference
000
Number of Vacancies
1
Salary Range
As per company salary scale
Years of Experience
2 years
Probation Period
Not Specified
Contract Type
Long-term
Contract Duration
Not Specified
Contract Extensible
Maybe
Minimum Education
Bachelor's Degree
Gender
Any
NETLINKS Plaza | Shahr-e-Naw,
Lane 3, Kabul, Afghanistan
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