Job responsibilities
Coordinator and approve all accounting in financial transaction under the VCRP • Coordinator and verify the preparation of financial statements and reports to MINECOFIN and Donors • Manage and control accounting for the financial resources of VCRP • review and supervise consolidated financial statements • Verify and sign all payment in the IFMS and Web banking • Undertake financial Audit and compliance audit reports
Provide financial management comment and provide strategic direction for the external auditor request • Ensure adherence to the raised during the previous financial year • Establish and formalize financial management and control procedures • Guide and technical support to the VCRP and MoE management on proper management and accountability for the financial resources • Provide advice to the VCRP and MoE management on daily financial and accountability activities • Facilitate the budgeting process following the WB standards and timeline • Overall consolidation of financial reporting both the MINECOFIN and World Bank • Consolidation of financial reports and present to the steering committee on the overall financial performance of the project • Design and implement internal control systems of institutions including MoE, IPs and local entities • Ensure that the VCRP and MoE is at all times financially sounds and able to manage its finances, expenditures, asset and liabilities • Enforce adherence to financial policy, regulations and professional practices in all financial transactions • Supervise the regular follow up of budget execution and update management on progress • Participate in the preparation of work plans and Coordinate consolidated annual budget preparation of VCRP and approved by the streeling committee
Coordinator the preparation of annual, quarterly and monthly cash plans in collaboration with other implementing partners • Verify the produced purchase order for payment in respect of budget lines planned • Coordinate the process of payment through IFMIS and online payment using BNR banking (local mode) • Supervise all finance activities in the program • Supervise financial specialist and other employes in the facilitation of day-to-day operations including tracking financial data, invoicing and payroll…. • Review and adhere to the budgets for each implementing partner monitor cash flows, accounts and other financial transactions • Facilitate internal and external audits • Follow up of audit recommendation implementation for the VCRP • Supervise the preparation of the project budget of staff compensation; • Preparation of financial forecast and ensure timely implementation • Regular review withdraw application for VCRP • Receive, analyze, find or propose solutions to the employees ‘complaints regarding remunerations. • Build and strengthen partnerships with donors such as World Bank, GCF, NDF, EIB, Progreen, Development Partners (EU, KfW and Enabel), service providers, and other potential partners. • participate in preparation and submission of activity plans and periodic report to different development partners
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1Master’s Degree in Finance with CPA/CPFA/CPFM intermediate level /ACCA Foundation Level (Completion of ACCA Applied Skills papers)
10 Years of relevant experience
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2Master’s Degree in Accounting with CPA/CPFA/CPFM intermediate level /ACCA Foundation Level (Completion of ACCA Applied Skills papers)
10 Years of relevant experience
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3Master’s Degree in Business Administration with at least 3- levels of CPA
10 Years of relevant experience
Required competencies and key technical skills
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1Knowledge of different financing options for infrastructure projects
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2Knowledge of accounting, financial reporting and auditing standards (Such as IPSAS, IFRS; ISSAs)
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3Knowledge of National Planning, budgeting and reporting framework, tools and systems
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4Knowledge on research and data analysis, reporting, budgeting
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5Experience with donor funded projects and prior implementation of donor’s safeguards policies, including on World Bank/ADB/AIIB financed operations, is an advantage.
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6. Familiarity with project implementation procedures and guidelines
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7. Experience in working donors funded projects, public, private and civil society organizations
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