Posted Jun 24, 2024 2065 views
Human Development Foundation (HDF) was founded in 1997, with a passion to pay back to the communities they belong to and a vision to help people help themselves by a group of visionary Pakistani American doctors and philanthropists. Over two decades, our quest for positive social change remains at the forefront and we, at the foundation, work tirelessly towards human development and poverty eradication. HDF is helping its partner communities in 34 districts of Pakistan through its holistic approach and integrated program model. Social Capital Development, Education & literacy, Primary Healthcare, Livelihood & Food Security, Sustainable Environment and Partnerships are key pillars of our program.
Overall management of Head Office financial operations.
Key Responsibilities
Financial Operations:
- Process financial transactions, such as invoices, payments, receipts, and journal entries.
- Ensure accurate recording of financial data into the accounting system.
- Maintain proper documentation and filing of financial records and supporting documents.
- Reconcile bank statements, tax reconciliation and monitor cash flow.
- Assist in the preparation of financial reports, including monthly, quarterly, and annual financial statements.
Accounts Payable and Receivable:
- Manage accounts payable functions, including verifying and processing invoices, obtaining approvals, and making timely payments to vendors.
- Monitor and track accounts receivable, including invoicing, payment follow-ups, and maintaining records of outstanding payments.
- Perform periodic accounts receivable and accounts payable reconciliations.
- Assist in resolving discrepancies or issues related to accounts payable and receivable.
Budgeting and Financial Reporting:
- Support in preparation and monitoring of the organization's budgets.
- Assist in the collection and consolidation of budget inputs from various departments or programs.
- Assist in financial analysis, variance analysis, and preparation of financial reports.
- Contribute to the preparation of financial reports for management and external stakeholders.
Compliance and Audit:
- Ensure compliance with accounting principles, relevant laws, regulations, and donor requirements.
- Assist in the coordination of internal and external audits, providing necessary documentation and support.
- Assist in implementing audit recommendations and strengthening internal controls.
- Support the maintenance of proper records and documentation for audit purposes.
Donor Reporting and Grant Management:
- Assist in the financial management of grants and projects, ensuring compliance with donor guidelines and reporting requirements.
- Prepare accurate and timely financial reports for donors, as per the agreed reporting schedules.
- Monitor and track grant expenses, ensuring proper documentation and adherence to grant guidelines.
- Collaborate project teams to ensure financial accountability and transparency.
Banking
- Communicate with concerned banks to obtain bank statements and other relevant information.
- Liaison with concerned banks for any specific issues.
Team Collaboration and Support:
- Collaborate with the finance team and other departments to ensure smooth financial operations.
- Provide support to colleagues and stakeholders on financial matters.
- Assist in the development and implementation of financial policies, procedures, and controls.
- Stay updated with changes in accounting standards and regulations relevant to the NGO sector.
Any other Task Assigned by the Supervisor or Management.
Job Details
Human Development Foundation
Twenty years of saving and transforming lives For over two decades, HDF has been striving to eradicate multidimensional poverty through its unique model of holistic community development. HDF is one of the highest-rated Non-Profit Organizations (NPOs) by the Pakistan Center for Philanthropy (PCP) and is registered under section 42 of the Companies Act, 2017. HDF is privileged to operate in Pakistan under a valid MOU duly signed with Economic Affairs Division (EAD).
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