Project Budget and Compliance Specialist
This position of Project Budget and Compliance Specialist will:
- Monitor funding trends and manage capacity for the functional area to ensure compliance and delivery of financial services to the projects.
- Monitor all the financial aspects according to the agreement, IFRS and donor guidelines, including preparation of proposal budgets, set-up of projects in OCS, preparation and submission of all invoices, financial reports to donors, timely corrections to the general ledger, and maintenance of agreement master files.
- Work with the project team to ensure that all donor related information is disseminated to project and, therefore, abide by donor rules and regulations.
- Maintain appropriate relations with donors and make reports as necessary, ensuring compliance with any terms or conditions agreements.
- Monitors compliance in the projects, including project audit reports and general financial and contracts issues related to projects.
- Develop policies and procedures related to projects accounting and projects financial management, as well as to contribute to those related to grants and contracts management.
- Monitor Portfolio Health: Recovery of Indirect Costs (OH, Chargebacks, Personnel), Potential Risks (Exchange Rate adjustments, Budget Variances/Revisions, Audits tracks)
- Prepares and submits timely and accurate donor reports (W1&W2, W3 and Bilateral Funding) requesting the necessary invoices. Stay current with donor regulations and the award requirements identified in the CIP compliance matrix, to prepare accurate and timely reports.
- Maintains all applicable project records and files in accordance with internal controls, demonstrating compliance with donor requirements.
- Prepares and submits timely and accurate portfolio report (Compliance, Health)
- Comply with applicable health and safety CIP policies and procedures.
Requirements
- Bachelor's degree (with thesis completed) in Business Administration, Financial Management, Operations or related field.
- At least 6 years of professional experience in the accounting/finance/administrative area.
- Knowledge of the international development funding (Desirable).
- Aptitude for understanding complex regulations and monitoring financial transactions and documentation for compliance.
- Strong Knowledge of Bill and Melinda Gates Foundation (BMGF) guidelines and BMGF projects implementation.
- Strong Knowledge with USAID projects, FAR and ADS rules and regulations and OMB Circulars.
- Accounting software packages (ERP Preferable).
- Fluent in official language according to country location.
- Advanced written and oral communication skills in English.
- Analytical Thinking
- Planning & Organization
- Customer Service
Added 8 hours ago
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Updated 8 hours ago
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Source:
cgiar.org
