Grant Finance Specialist
Provide financial services and maintain internal controls for projects.
Overview
Provide financial services and maintain internal controls for projects.
You have:
- Graduate degree of Bachelor in accounting, finance, business administration or any relevant degree.
- Certified Public Accountant is preferred.
- Experience in the field of Finance, commercial institutions or an NGO in the area of financial management/accounting is preferred.
- Require knowledge of generally accepted accounting principles and practical knowledge of financial systems, internal controls and procedures.
- Strong interpersonal, organizational communication skills.
- Intermediate level of English would be an advantage.
With over 70 years of experience, our focus is on helping the most vulnerable children overcome poverty and experience fullness of life. We help children of all backgrounds, even in the most dangerous places, inspired by our Christian faith.
Come join our 34,000+ staff working in nearly 100 countries and share the joy of transforming vulnerable children’s life stories!
Employee Contract Type:
Local - Fixed Term Employee (Fixed Term)Job Description:
Job title: Grant Finance Specialist
Location: Ulaanbaatar city
Contract Duration: 1-2 years
Deadline: October 3, 2024
PURPOSE OF POSITION
This position is responsible for providing financial services and implementing and maintaining internal controls at the Area Programs and Projects. It ensures that internal and external financial transactions and reporting requirements are met in accordance with World Vision partnership procedures and standards and grant regulations. Additionally, it ensures compliance with Mongolian laws and regulations related to accounting and taxation. This role also supports leaders by summarizing necessary reports to meet the needs of the APs and projects.
MAJOR RESPONSIBILITIES
- Fully responsible for reviewing financial transactions and reports for accuracy and compliance with WV policies, local laws, and donor requirements.
- Ensure all transactions are processed with complete documentation and as per policy.
- Report any violation of financial policies to the AP manager or relevant management level.
- Ensure that AP attains an acceptable risk rating on Finance Audit by ensuring adherence to WV policies.
- Contribute to preparing the AP budget and monitor AP expenses against the approved budget and chart of accounts.
- Provide accurate cash position of the AP to the Manager for funding requests and payment decisions.
- Secure adequate documentation in all financial transactions, including preparation and documentation of vouchers for cash disbursements.
- Prepare timely submission of monthly, quarterly, and statutory financial reports in consultation with the AP/Project Manager.
- Prepare and send all monthly required reports to Finance and respective managers within the deadline.
- Conduct regular monitoring of financial documents, beneficiaries, and vendors.
- Verify all documents provided by partners, including CBOs, NGOs, or government entities receiving funding from WV.
- Conduct orientation and refreshment sessions to train and coach field staff on WV financial policies and procedures.
- Provide financial advice, recommendations, and analysis to the AP manager for decision-making.
- Maintain working relationships with internal stakeholders (Finance team, AP employees, other departments) and external stakeholders (banks, vendors, etc.).
KNOWLEDGE, SKILLS AND ABILITIES
Minimum education, training and experience requirements to qualify for this position
Education
- Graduate degree of Bachelor in accounting, finance, business administration or any relevant degree.
- Certified Public Accountant is preferred
Experience
- If experience in the field of Finance, commercial institutions or an NGO in the area of financial management/ accounting is preferred
Knowledge and Skills
- Require knowledge of generally accepted accounting principles and practical knowledge of financial systems, internal controls and procedures.
- Strong inter-personal, organizational communication skills
- Intermediate level of English would be and an advantage
Work Environment
- The position required domestic travel and field work up to 20% of the time
Applicant Types Accepted:
Local Applicants Only
Potential interview questions
| Can you describe a time when you identified a financial discrepancy? | This question assesses your attention to detail and financial acumen. | Provide a specific example demonstrating your problem-solving skills and adherence to financial policies. |
| How do you ensure compliance with financial regulations in your reports? | The interviewer wants to understand your process for ensuring accuracy and compliance. | Pro members can see the explanation. |
| What strategies do you use to manage a budget effectively? | Pro members can see the explanation. | Pro members can see the explanation. |