Finance Manager

A National NGO
Full time Full day
Peshawar
Posted date


24th June, 2024


Last date to apply


27th July, 2024






Country


Pakistan


Locations


Peshawar






Category


Accounting/Auditing






Type


Contractual


Position


1






Experience


7 years








Required Qualification, Experience & skills:


Education:



  • Bachelor’s degree in Accounting, Finance, Business Administration, or a related field. A Master’s degree or professional certification (e.g., CPA, ACCA, CMA) is preferred.


Experience:



  • At least 7 years of relevant experience in financial management, preferably in managing finances for humanitarian or development projects.

  • Proven experience in budget preparation, financial reporting, and grants management.

  • Experience with financial software and ERP systems.


Skills:



  • Strong financial analysis and reporting skills, with attention to detail and accuracy.

  • Excellent understanding of financial regulations, compliance requirements, and donor rules and regulations.

  • Strong leadership and interpersonal skills, with the ability to work effectively in a team and multicultural environment.

  • Proficiency in MS Office, particularly Excel, and experience with financial management software.


Languages:



  • Fluency in English (written and spoken) is required.


Job Description:




Financial Planning and Budgeting:



  • Develop project budgets in coordination with the Project Manager and ensure alignment with donor requirements and organizational financial policies.

  • Monitor project expenditures against approved budgets and provide regular updates to the Project Manager and senior management.


Financial Reporting:



  • Prepare accurate and timely financial reports for donors, ensuring compliance with donor regulations and reporting requirements.

  • Consolidate financial reports from various project sites and ensure consistency and accuracy in financial data.


Financial Management and Controls:



  • Establish and maintain robust financial management and internal control systems for the project.

  • Ensure adherence to organizational financial policies, procedures, and guidelines, as well as compliance with local regulations.


Audit and Compliance:



  • Coordinate internal and external audits of project finances and ensure timely implementation of audit recommendations.

  • Ensure compliance with all statutory requirements related to financial reporting and taxation.


Cash Flow Management:



  • Monitor project cash flows and ensure sufficient liquidity for project activities.

  • Prepare cash flow forecasts to anticipate funding needs and manage cash disbursements effectively.


Grants and Contracts Management:



  • Monitor grant agreements and contracts to ensure compliance with financial terms and conditions.

  • Review and approve financial aspects of contracts, agreements, and procurement processes.


Capacity Building:



  • Provide training and capacity building support to project staff on financial management, budgeting, and donor compliance.

  • Support partners and sub-grantees in financial reporting and compliance with donor requirements.


Risk Management:



  • Identify financial risks associated with project implementation and develop mitigation strategies.

  • Ensure proper insurance coverage for project assets and liabilities.


Donor Relations:



  • Serve as the focal point for financial queries from donors and participate in donor meetings and reviews as required.

  • Maintain positive and professional relationships with donors and ensure transparency in financial reporting.



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