ສມກຈ – ສະມາຄົມການເງິນຈຸລະພາກ

LMFA – Lao Microfinance Association

Job announcement for Finance & Accountant Officer (Lao National)

The predecessor of the Microfinance Association (LMFA), the Microfinance Working Group for the Lao PDR (MFWG), was founded in May 2007 by a group of microfinance practitioners as an informal platform to exchange experience, represent microfinance sector interests and coordinate donor activities. In October 2013, the MFWG obtained its temporary license as a non-profit association (NPA) from the Ministry of Home Affairs (MoHA). As a consequence, its name changed to Microfinance Association (LMFA). LMFA got its permanent license by middle of August 2018. MFA works under the Bank of the Lao PDR (BOL), Financial Institutions Supervision Department (FISD). MFA is currently looking for a Finance & accountant officer.

 

Starting Date: As soon as possible  

Working Place:  Lao Microfinance Association (LMFA), Vientiane Capital

 

I. Duties and Responsibilities

Finance & Accounting tasks:

 

  • Check vouchers and receipts submitted by the cashier
  • Reviewed the payments and receipts on cash book and confirmed all supporting documents are approved and accurate with LMFA’s policy
  • Enter all expenses daily basic to QuickBooks accounting software
  • Confirmed and counting cash on hand for ensure that it reconciles as at date of work
  • Prepares monthly end-of-period accounts and bank reconciliation vouchers
  • Verified of each bank account, either the balance agrees with the bank statement or confirmed that it has been reconciled and describe the nature of the reconciling item
  • Verified activities budget plan and expenditures and confirmed everything is accurate to LMFA’s policy
  • Enter payment bills and monitoring to the Donor’s format financial reports
  • Review the budget activity plans to make sure all of the them are accurate the financial policy and funds available
  • Monitor cash advance to make sure all advance outstanding has been clearing on time
  • Assists to prepare financial planning, monthly and annual budgets and monitors deviations
  • Ensures that financial administration functions well in accordance with LMFA standard procedures
  • Report all problem with financial administration and compliance without delay
  • Setup and maintain all files and records of the project in both electronic and hard copies
  • Submit the financial report, cash books and account balance vouchers to the Director
  • Translation document from Lao-English-Lao which relate tasks

 

Administrative tasks:

  • Maintains the inventory list for the office
  • Supervised administration to collect membership fees and send invoices and receipts as required
  • Assists to prepare budget for trainings/workshops or other MFA activities and arranges payments accordingly
  • Performs other duties and tasks at the request of management

 

 

 

Other professional tasks:

  • Assist to pre-audit of respective members accounting, finance and administration
  • Assist to monitors expenses in accordance with the budget from donors
  • Assist to MFA trainer team to coaching the training
  • Assist to support on monitoring accounting system with SCU-Village Funds which MFA supported

 

II. Required qualifications, competences and experience

  • BA in Business Administration or accounting
  • At least 3 years’ professional experience in a comparable position
  • In-depth knowledge of accounting software QuickBooks
  • Good spoken and written English and Lao language skills
  • Good computer skills (familiar with windows, excel, power point, internet)
  • Be capable of working independently
  • Friendly and able to work in a team
  • Flexible, initiative and willing to learn
  • Be able to work and travel to provinces

 

Interested applicants should submit a full application to:  Lao Microfinance Association (LMFA)

Unit 14, Amone Village, Xaysettha District, P.O.Box: 4030, Vientiane Capital, Lao P D R

Email: mfa@laomfa.org , Web: www.laomfa.org Office Tel: +856 21 226019/+856 30 9481265

 

Only shortlisted will be notified.  Application closing date is 09th April 2021