Finance Associate (Treasury)

A. Background:

The Global Fund to Fight AIDS, Tuberculosis and Malaria (GFATM) has transitioned its portfolio in Bangladesh from siloed, disease-specific management structures into a unified Program Management Unit (PMU) under the Directorate General of Health Services (DGHS). This centralized model is designed to harmonize project management, lower transaction costs, and provide portfolio-level assurance across the national Tuberculosis, HIV/AIDS, Malaria, and Resilient and Sustainable Systems for Health (RSSH) interventions.

To strengthen coordination, accountability, efficiency, and standardized portfolio management, an integrated Program Management Unit (PMU) has been established for Global Fund-supported programmes, providing coordinated leadership, grant management, technical oversight, financial stewardship, performance monitoring, and operational support across the portfolio. The Finance Associate (Treasury) supports the Finance Officer (Operation) by providing essential support of treasury function.

B.  Objective of the Position:

The primary purpose of a Finance Associate (Treasury) is to execute and monitor day-to-day liquidity management, cash flow forecasting, payment processing, and banking operations to ensure the organization maintains sufficient cash flow, safeguards its liquid assets, and complies with internal financial controls.

C.  Scope of Work:

Under the direct supervision of the Finance Officer (Operations), the Finance Associate (Treasury) will ensure petty cash, its adjustment, communicate with banks, and hold petty cash. 

D.   Key Duties and Responsibilities:

●       Safeguarding the petty cash fund and ensuring it is kept securely.

●       Making petty cash payments only for authorized and eligible expenses within the approved threshold.

●       Obtaining valid supporting documents, such as invoices, receipts, and approved petty cash vouchers.

●     Maintaining an up-to-date Petty Cash Register showing all receipts, payments, and the remaining balance.

●       Ensuring that each payment is properly approved by the designated approving authority.

●       Conducting regular cash counts and reconciling physical cash, supporting vouchers, approved petty cash imprest.

●       Requesting replenishment when the cash balance reaches the appropriate level.

●       Reporting any shortage, excess, or irregularity immediately to the Finance/authorized officer.

●       Ensuring that petty cash is not used for personal expenses, unauthorized advances, or expenses that should be processed through normal procurement/payment procedures.

●       Keeping petty cash records and supporting documents available for review, monitoring, and audit.

●      Provide general administrative support to the finance department, such as photocopying, scanning, and distributing financial memos.

●     Carry out any other reasonable and relevant operational or financial tasks assigned by the Finance Officer or senior PMU management, commensurate with the skills and experience required for the position.

E.  Expected Deliverables:

1.     Cash & Treasury Management

●       Maintain adequate cash availability and monitor daily cash balances.

●       Prepare daily/weekly cash position and cash-flow updates.

●       Ensure timely processing of authorized payments and fund transfers.

●       Monitor bank balances and identify funding requirements in advance.

2.     Banking Operations

●       Prepare and process bank payment instructions in accordance with approved procedures.

●       Maintain accurate records of bank accounts, signatories, transfers, and payments.

●       Conduct timely bank reconciliations and follow up on outstanding/unreconciled items.

●       Monitor bank charges, interest, and other treasury-related transactions.

3.     Petty Cash Management

●       Maintain petty cash records and supporting documentation.

●       Ensure payments remain within the approved petty cash threshold and are properly authorized.

●       Conduct regular physical cash counts and reconciliations.

●       Prepare petty cash replenishment requests and ensure timely liquidation.

4.     Payment & Disbursement Support

●       Review payment requests for completeness, accuracy, approvals, and supporting documents.

●       Ensure payments are processed within agreed timelines.

●       Maintain a proper payment tracker and monitor pending/returned payments.

●       Coordinate with Finance, Procurement, HR, and programme teams on payment-related matters.

5.     Financial Records & Reporting

●       Maintain accurate and complete treasury records in the financial management system.

●       Prepare periodic treasury reports, including cash position, bank reconciliation, and outstanding payments.

●       Provide financial data and supporting documentation for audits, donor reporting, and management reviews.

●       Ensure proper filing and retention of treasury documents.

6.     Forecasting & Coordination

●       Support preparation and updating of cash-flow forecasts based on approved budgets, commitments, and expected payments.

●       Coordinate with relevant units to anticipate upcoming financial requirements.

●       Support the Finance Officer in monitoring liquidity and optimizing cash utilization.

F.  Qualifications and Experience:

Education

●        Master’s degree in accounting, Finance, or Business Studies.

Experience

●        At least 3 years of relevant experience.

●        Prior experience working within Global Fund-supported programmes is highly preferred.

G. Competencies:

Technical Competencies

●   Fundamental knowledge of basic double-entry accounting concepts (debits, credits, and assets/liabilities).

●   Hands-on familiarity with accounting software (such as Tally) is highly preferred.

●     Solid data-entry speed and working proficiency in Microsoft Excel (data sorting, basic formulas) and Word.

●        Basic understanding of standard office procedures and professional email correspondence.

Behavioral Competencies

●        High integrity, accountability, and transparency.

●        Strong teamwork, collaboration, and stakeholder management skills.

●        Result-oriented and solution-focused approach.

●        Ability to prioritize tasks and manage multiple responsibilities effectively.

●        Gender sensitivity, respect for diversity, and high professionalism in the workplace.

H. Remuneration and Benefits

• Monthly remuneration will be determined in accordance with the PMU HR guideline

• Group health insurance will be provided as per the PMU HR guideline

• Monthly mobile and internet bills will be provided as per the PMU HR guideline

All these positions are open for Bangladeshi Nationals only. All candidates, irrespective of gender, religious and ethnic backgrounds can apply for the vacancies. Female candidates are highly encourged to apply.

Only short-listed candidates shall be invited for written test/interview. All selected candidates will undergo rigorous reference and background checks.

Last Date of Application: 20 November 2026 (23:59 PM)