IPSAS Financial Management Specialist / Asset Management at MINECOFIN:(Deadline:04-07-2022)

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Job Description

  • Providing advice on the overall reform issues as they relate to the Government of Rwanda public financial management (PFM) in general and in particular those reforms under the IPSAS project;

• Assessing the accuracy and completeness of existing asset information including inventories;

• Support technical working groups to conduct analysis for designated work streams and come up with proposed conclusions/ solutions/ decisions on the way forward.

• Assist in the preparation of data collection instructions and in the monitoring of the data collection process.

Determining the categories of assets that will be used in the chart of accounts and the financial statements;
Identifying whether GoR holds any assets that are within the scope of IPSAS 32 Service-Concession Arrangements: Grantor and assist the reporting entities to deal with them accordingly.
Assisting each reporting entity to be able to identify and include all its inventories, property, plant and equipment (PPE), intangible assets, investment property, service-concession assets, assets under finance lease, biological assets in the individual financial statements;
Providing support to enable all reporting entities to document all types of assets held, and compile asset registers and inventory records;
Support technical working groups to conduct analysis for designated work streams and come up with proposed conclusions/ solutions/ decisions on the way forward
Participate in the review of existing work/process flows (“as is”), provide input regarding accounting data requirements to the IFMIS team and review for IPSAS compliance and design of the proposed future processes (“to be”);
Assisting the entities to determine accurate opening balances for each category of assets including inventories (identification, application of definition of asset, measurement, impairment, recognition, de-recognition);
Assist in ensuring that the IFMIS application build and other relevant government systems effectively support the implementation of the IPSAS program. This may for example include providing the necessary support in developing an inventory and a non-currents asset functionality in IFMIS and ensuring that IPSAS compliant financial statements can be generated directly from the IFMIS both at the level of the individual entities and for the government wide accounts.
Facilitate the training initiatives in line with the IPSAS Implementation Blueprint;
Carrying out any such other duties that will be assigned by the IPSAS Project Implementation Manager, the Accountant General and Deputy Accountant General in charge of Accounting and Reporting in line with the improvement of financial management for the Government of Rwanda;





Minimum Qualifications

  • Bachelor’s Degree in Economics

    3 Years of relevant experience

  • Bachelor’s Degree in Accounting with an Accounting Professional Certificate

    3 Years of relevant experience

  • Bachelor’s Degree in Accounting with certificate in CPA or ACCA or CIMA

    3 Years of relevant experience

  • Bachelor’s Degree in Financial Management and Accounting

    3 Years of relevant experience

Competency and Key Technical Skills

  • Integrity

  • Strong critical thinking skills and excellent problem solving skills.

  • Inclusiveness

  • Accountability

  • Communication

  • Teamwork

  • Client/citizen focus

  • Professionalism

  • Commitment to continuous learning

  • Knowledge of accounting, financial reporting and auditing standards (Such as IPSAS, IFRS; ISSAs)

  • Knowledge of standards and frameworks applied in Public Sector such as International Public Sector Accounting Standards (IPSAS);

  • Knowledge of Standards and frameworks applied in Public Sector such as International Public Sector Accounting Standards IPSAS IFRSs Government Finance Statistics GFS Internal Audit framework and International Standards for Supreme Audit Institutions (ISAAIs)

  • Knowledge of Standards and frameworks applied in Public Sector such as International Public Sector Accounting Standards (IPSAS); IFRSs; Government Finance Statistics (GFS); Internal Audit framework and International Standards for Supreme Audit Institutions (ISAAIs)

  • Knowledge: the incumbent must have knowledge and understanding of the organization and roles of the different levels of the GoR health system, GoR legislation, and practice relating to PFM(Public Financial Management) Guidelines.

 

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