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Financial Management Specialist

Published on 11.05.2021

Company

Website : http://www.ibtci.com/
Industries :
Education, training
Services other
Social, public and human services
Job ads : See our Job Ads
Incorporated in 1987, International Business & Technical Consultants, Inc. (IBTCI) is an international development consulting company... read more

Job Ad & Profile Description

Position : Financial Management Specialist

IBTCI is considering submission of a bid for the provision of Fiscal Agent Services (the “Services”) for the Global Fund to Fight AIDS, Tuberculosis and Malaria (the “Global Fund”) in Malawi. The Global Fund expects the work to begin on 1 August 2021, under the terms of the existing IQC contract mechanism held by IBTCI. The duration of the contract will be 3 years. The work order may be renewed, or additional work orders agreed, subject to the internal rules and regulations of the Global Fund and the availability of resources, and upon agreement of the parties, under the terms of the IQC. To implement the Services, IBTCI is seeking to employ a qualified Financial Management Specialist to be part of IBTCI’s Fiscal Agent team if awarded the Contract in Malawi. This position is contingent upon award.

Third-country-nationals and Malawians are highly encouraged to apply.

Essential Duties/Tasks and Responsibilities:

The Financial Management Specialist will be part of a team of 3 – 5 financial management specialists to ensure that activities are conducted in accordance with Fiscal Agent Terms of Reference. The Financial Management Specialist will report to a Team Leader and Senior Financial Management Specialist and assist these individuals in carrying out the requirements of the Global Fund work order.

  • Assist in build capacity of grant implementers. Assess capacity gaps and develop detailed capacity building plans that include on-the-job mentoring and group trainings.
  • Assist in ensuring that the grant implementers are following established accounting and procurement procedures.
  • Be responsible for reviewing financial transactions to ensure compliance with appropriate regulations, if required by the TOR.
  • Determine if the implementers have adequate written policies and procedures, as well as adequate financial systems and internal controls.
  • Assist in determining if effective internal controls are in place to protect the use of Global Fund grant monies, and ensure that all payments are eligible, justified, and represent value for money.
  • Ensure that financial records for all transactions reviewed are properly maintained at grant recipient and sub-recipient levels on a timely basis.
  • Assist in ensuring that implementer reporting to the Global Fund is accurate, timely, and in accordance with Grant Agreements and the applicable Global Fund policies and regulations.
  • Help mitigate the risk of fraud and misuse of grant funds and reduce ineligible expenditures.
  • Assist in ensuring the continuity of program implementation in high risk environments and ensure that safeguards are in place with respect to Global Fund investments.
  • Assist in assessing systems and procedures currently in place.
  • Assist in preparing quarterly progress reports to be submitted to the Global Fund.
  • Other duties as assigned.
Required profile for job ad : Financial Management Specialist

Minimum Requirements:

  • A minimum of 4 years of financial management experience in a financial/control/auditing role, preferably in the health, social or financial sector, with at least 3 years of post-qualification experience related to:
  • Financial accounting, with the ability to review and analyze accounting transactions;
  • Fnancial management systems, with the ability to set-up, review and/or assess internal controls and financial processes and procedures and provide recommendations for improvement;
  • Controlling/auditing;
  • Writing financial procedures manual including process mapping and design of risk and control matrix;
  • Strong interpersonal skills,

diplomacy and tact to effectively communicate with senior-level officials, multiple stakeholders and professionals from diverse cultural and professional backgrounds.

Must have good written and spoken English.

Education:

It is preferable to have an internationally recognized professional finance or accounting qualification (e.g., ICMA, CPA, ACCA, CMA).

In the absence of a professionally recognized qualification, a Graduate Degree/second level degree in Finance/Accounting, with appropriate experience would be considered along with other factors.

Recognized Fraud management qualification (i.e., Certified Fraud Examiner) will be an asset.

Preferred Knowledge, Skills and Abilities:

  • Global Fund Experience.
  • Fiscal Agent Services experience.
  • Experience in Malawi or similar countries and context.

Working Environment: Work is typically performed in an office environment.

Physical Requirements: This is largely a sedentary position that requires the ability to speak, hear, see, and lift small objects up to 20 lbs.

Supervisory Responsibility: This position does not have supervisory responsibilities.

Travel: International travel may be required and may include travel to fragile and/or conflict-prone zones.

Work Authorization: Candidate must be authorized to work in-country (Malawi).

Job criteria for job ad : Financial Management Specialist
Job category :
Accounting, controlling, finance
Management
Industries :
Education, training
Services other
Social, public and human services
Temporary work, recruitment
Employment type :
Permanent contract
Region :
Blantyre - Central - Lilongwe - Mzuzu - Northern - Southern
Experience level :
2 to 5 years
Educational level :
Bachelor
Number of Position(s) : 10

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