Senior Finance Officer

Basic Qualifications:

• B.A. degree in Accounting, Finance, Economics, Business Administration with courses in accounting, or a qualification in accounting (CPA/ACCA or equivalent).
  
• Minimum of two years’ experience in a position with similar responsibilities, preferably with an international or local NGO, or a financial/banking institution.
  
• Demonstrated commitment to respect, equity, diversity, and inclusion, including gender equality.
  

• Conduct comprehensive assessments of assigned SRs to evaluate their financial capacities in compliance with CRS and donor regulations.
  
• Conduct monitoring visits to assigned SRs, ensuring adherence to financial guidelines, and providing support as needed. Track the progress of ICIPs, ensuring alignment with project objectives and financial milestones.
  
• Oversee the liquidation process for partners, ensuring accurate and timely completion. Manage the processing of wire/advance transfers to partners.
  
• Evaluate and monitor subrecipient financial management processes in accordance with policy and strengthen the capacity of partners in financial accounting and transactions.
  
• Provide information to subrecipients and staff on financial accounting policies and procedural compliance issues and contribute to capacity strengthening.
  
• Develop and provide status letters to SRs, communicating financial status, compliance issues, and any required actions.
  
• Actively engage in Monthly BCR discussions with BMs, providing insights, addressing queries, and ensuring financial alignment with project goals.
  
• Lead the development and oversight of cost allocation strategies and calculators for new projects and proposals.
  
• Contribute to the business development process by actively participating in budgeting exercises, ensuring financial feasibility and alignment with CRS objectives.
  
• Take a leadership role in compiling and preparing donor reports, ensuring strict adherence to compliance standards and accuracy in financial reporting.
  
• Lead the process of timely closure for awards and projects, ensuring all financial aspects are appropriately concluded.
  
• Lead the preparation and posting of GJs related to liquidations, ensuring financial accuracy and transparency.
  
• Manage reclass entries, making necessary adjustments to financial records to reflect accurate and up-to-date information.
  
• Actively participate in both project and SR audits, collaborating with auditors and internal teams to ensure compliance with financial policies and regulations.
  
• Develop and implement capacity-building initiatives for partners, strengthening their financial management capabilities.
  
• Monitor disbursement/receipt schedules for assigned partners, alert relevant budget managers of due payments/liquidations, and maintain appropriate communication and follow-up to facilitate the timeliness of financial resource management and compliance with set deadlines.
  
• Prepare various periodic and ad hoc financial reports for assigned projects and perform variance analysis to assist budget managers with decision-making. Assist with budget maintenance for proper management of financial resources.
  
• Facilitate effective communication on financial policies and procedural compliance, ensuring understanding and adherence among project stakeholders.
  
• Deputise and fill in for the Deputy Finance Manager in his/her absence.
  
• Required Languages - Proficiency in oral and written English required
  
• Travel - Must be willing and able to travel to partner offices.