Position: Senior Finance Officer

I. Job Summary

Cambodia Microfinance Association (CMA) is a non-profit, membership-based organization established in 2004 to ensure the prosperity and sustainability of the microfinance sector in Cambodia. CMA is recognized by National Bank of Cambodia and is part of the Association of Banks in Cambodia. Currently, CMA has more than 100 members operating in 25 provinces and serving more than 2 million households.

Senior Finance Officer aim to ensure the effective management and day to day finance and accounting works, including financial control, compliance and auditing, financial reporting, cash flow management, budgeting and forecasting, bank reconciliating, and bookkeeping in QuickBooks. 

This incumbent will be based in Phnom Penh with occasional travel to provinces and reported to Senior Finance and Staff Development Fund Manager.

II. Key Responsibilities

a. Financial Management: 

• Oversee all financial operations and ensure compliance with financial regulations and standards. 
• Manage cash flow and financial planning to ensure the organization's financial stability. 
• Budgeting and Controlling: 
• Prepare and manage the annual budget, including forecasting and variance analysis. 
• Review and approve budget requests, ensuring alignment with organizational goals.
• Monitor and control expenditures to ensure adherence to the budget.

b. Reporting: 

• Prepare and present financial reports to the Committee, Board, and donors. 
• Ensure timely and accurate financial reporting, including monthly, quarterly, and annual reports. 
• ovide financial insights and recommendations to support decision-making.

c. Support to Staff Development Fund Unit: 

• Assist with controlling invoicing, AR, AP, and follow-up on fees. 
• Ensure accurate and timely processing of financial transactions related to the Staff Development Fund.

d. Payroll and Payments: 

• Manage staff payrolls, ensuring accurate and timely payments. 
• Oversee payments to insurance providers and NSSF contributions. 
• Ensure compliance with relevant laws and regulations regarding payroll and benefits.

e. Monthly Tax Declaration: 

• Prepare Monthly tax Declaration, Yearly Tax Declaration (ToI).

f. Accounting System Management: 

• Review and manage the accounting system (e.g., QuickBooks) to ensure accurate booking of transactions. 
• Implement and maintain internal controls to safeguard financial assets. 
• Conduct regular audits to ensure the integrity of financial data.

g. Membership and Fee Collection: 

• Manage the collection of membership fees and other fees. 
• Ensure accurate recording and timely collection of all fees. 
• Follow up on overdue payments and maintain accurate records of fee collections.

h. Auditing and Compliance: 

• Coordinate with internal and external auditors to facilitate audits. 
• Ensure compliance with organizational policies and regulatory requirements. 
• Implement recommendations from audit reports to improve financial practices. 
• Ensure compliance with organizational policies and external regulations.

III. Qualifications

• Minimum experience of 4 years in similar field
• University degree in finance, accounting, Auditing or related field
• Strong self-discipline and sound team work manner
• Computer literacy and Knowledge in QuickBooks
• Strong commitment to CMA's Vision, Mission and value
• Good command in English
• Willing to learn, passionate about personal development and growth
• Experience in finance sector is a plus but not required

Contact Person:

Phone: +855 (0) 12 212 312/070 71626

Email: hram@cma-network.org

Website: www.cma-network.org

Application Information 

Interested candidates are invited to send their CV and cover letter to CMA via: Email: hram@cma-network.org, copy to: sfm@cma-network.org

Address: #30B, Street 652, Sangkat Tek La-Ak III, Khan Tuol Kork, Phnom Penh, Kingdom of Cambodia. Contact Name: Cambodia Microfinance Association (CMA) Phone: +855 (0) 12 212 312/070 716265 Website: www.cma-network.org Application

Deadline: 28 February 2025

We welcome applications, and the committee will review them on a first-come, first-served basis before the announcement closing date.