Senior Finance Officer - Addis

Tags: Law finance English language Environment
  • Added Date: Thursday, 01 February 2024
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ORGANIZATIONAL OVERVIEW

FHI 360 is a nonprofit human development organization dedicated to improving lives in lasting ways by advancing integrated, locally driven solutions. Our staff includes experts in health, education, nutrition, environment, economic development, civil society, gender equality, youth, research, technology, communication, and social marketing โ€” creating a unique mix of capabilities to address today's interrelated development and humanitarian challenge in more than 70 countries. FHI 360โ€™s Crisis Response team is responding to the humanitarian emergency in Northern Ethiopia, focusing on emergency health, nutrition, protection and WASH activities to support the goal of reducing morbidity and mortality.

Job Summary:


Coordinates financial/accounting operations, including overall financial monitoring and support/guidance to projects in finance and operations staff, to ensure the fiscal well-being of the organization. Provides financial management and guidance, conducts analyses of financial data, provides budget analyses for project funds, and reviews and prepares required reports to funding agencies to ensure compliance with the donor's requirements. Proactively guides and supports respective financial success by providing high level analytical expertise, implementing business strategies and developing strong customer relationships. Provides analysis and business modeling support on strategic initiatives for senior management and field operations. Analyzes performance trends, modeling complex business decisions, tracking performance, and presenting results. the position will ensure that financial transactions are carried out, reported, and documented in a timely manner in accordance with general accounting principles, and FHI 360 and donor guidelines.

KEY RESPONSIBILITIES AND DELIVERABLES

  • Assists Finance Manager to strengthen internal controls & internal controls environment.

  • Actively participate in engaging of financial issues and activities review meetings.

  • Reviews Bank and cash GFAS, financial data entry on daily basis.

  • Ensures that monthly bank reconciliations for all Bank accounts are prepared on regularly basis.

  • Assists tracking of all balance sheets accounts on monthly basis and at the end of each award.

  • Maintains completion of workbooks accounts, as per FHI 360 policies.

  • Checking of all payment claims to ensure compliance of FHI 360 policy & procedures, valid Scheme of

  • Delegation, FHI 360 Donors compliance requirements, In-country law and any other official regulatory authority.

  • Ensures that all payments are properly coded to record against active projects and complete authorization of respective Budget Holder as per FHI 360 Scheme of Delegation.

  • Ensures that all program implementation activities require direct or indirect involvement of disbursement of incentives, contractors, beneficiaries should safe guarded by segregation of duty.

  • Assists Finance Manager to strengthen internal controls & internal controls environment.

  • Monitors cash & bank flows on daily basis and maintain close coordination with financial institutions to ensure smooth cashflows. Safeguard FHI 360 cash from assessed/known risks.

  • If due to unforeseen reasons institutional banking system services are not available, alternative arrangements should be arranged with prior consent of Finance Manager and Response Coordinator.

  • Assists Field Office & Country Office finance teams during internal & external audit, donor specific audit, any authorized third-party review of financial records.

  • Maintains working relationship with FHI 360 partners and support Field Office & Country Office to ensure smooth financial implementation of projects through partners.

  • Escalates any noted financial risks and fraud activities directly to Finance Manager and Response Coordinator.

  • Reviews official e-mails daily, respond to queries from colleagues and external authorities in a timely and appropriate manner, and ensure any problematic issues are raised with the line manager at the earliest opportunity.

  • Responsible for professional direction/delegation/supervision/accountability of reporting staff as per Job Descriptions or any official documentation.

  • Confirms that payments related to procurement have the necessary documentation as outlined in FHI 360 procurement policies and procedures for all goods and services.

  • Ensures all financial transactions have the required supporting document.

    APPLIED KNOWLEDGE & SKILLS

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