Finance Director at Save the Children
Posted in General Business 11 days ago.
This job brought to you by eQuest
Location: Fairfield, Connecticut
Save the Children seeks a Finance Director for the anticipated USAID-funded Multi-sectoral Nutrition Activity in Tanzania to be responsible for overseeing all aspects of financial and administrative management and compliance, as well as other operational duties. Reporting to the Chief of Party (COP) s/he will provide day-to-day financial technical assistance to the COP for the administration of the grant. S/he will ensure strict adherences to financial regulations and grant compliance requirements during the implementation of the grant. S/he will manage the implementation of accounting systems, budgeting, expenditure tracking, and financial reporting for both the prime recipient and any sub-awards. S/he will also oversee grant management and reporting on financial program performance as well as provide financial and technical management to ensure the best use of resources by preparing sound budgets, monitoring project expenses, and ensuring timely preparation of donor financial reports.
This position is contingent upon donor approval and funding.
Essential Duties, Responsibilities and Impact
- Monitor budgets to ensure that spending occurs as planned and that variances are anticipated, noted, and corrected; ensure that key program personnel are aware of budgetary resources and are able to monitor their budgets respectively.
- Ensure all financial plans, invoices, reports, and other documents are accurate, timely, and consistent with agency and USAID guidelines and regulations.
- In close coordination with the finance staff, maintain and update all the financial documents (reports, plans) and ensure confidentiality of project financial information.
- Review and consolidation of monthly financial reports for distribution to senior management.
- Review and consolidation of monthly sub-office accounts and reports to ensure accuracy and to provide regular feedback to the senior leadership team.
- Work with regional SCI Project Managers and Operations Managers to ensure the project is implemented as planned and with sound program quality.
- Prepare any budget revisions and projections and respond to any questions.
- Confirm availability of funds for all requests for payment or charges to grants. Monitor burn rates and advice on spend projections.
- Prepare quarterly reports, projections, and any other required donor submissions.
- Prepare a consolidated annual fiscal report, including a cumulative life of project report.
- Ensure that an appropriate segregation of duties exists for effective support of field operations and to protect the integrity of the country office finance and administrative operations.
- Prepare and revise finance and operation guidelines in order that they adhere to SC requirements.
- Ensure compliance with contractual obligations and deliverables in line with USAID regulations and SC policies and procedures.
- Manage the reporting component of the award and oversee other administrative duties as needed.
- Actively participate in all award specific audit and donor assessments.
- Assist in the training, coaching and development of financial skills in non-accounting staff, particularly budget holders for budget and compliance matters.
- Work closely with country finance director to ensure smooth month end process i.e. ensuring monthly financial reports are up to date with regards to project financial status.
Required Background and Experience, Skills and Behaviors
- A Bachelor’s degree in Finance, Business, Accounting or other relevant field is required; professional qualification as CPA, CA is also required.
- A minimum of seven years of experience in financial management for large and complex programs funded by the U.S. Government, of which at least five years were working in the field of international development.
- In-depth knowledge of 22 CFR 226.22 CFR- 145 OMB Circulars -A122 and A-133.
- Excellent understanding of financial systems and procedures.
- Working knowledge of accounting software like SUN and Agresso a plus.
- Demonstrated experience in management of sub awards and strategic partnerships agreements.
- Demonstrated strong analytical and financial analysis skills. The ability to analyse complex financial data and design and produce effective management information.Excellent interpersonal skills and demonstrated ability to lead and work effectively in team situations.
- Excellent experience of budgeting and budget management, with proven ability to prepare multi-year budgets, donor financial reports and USAID Audits.
- Demonstrated capacity and prior experience in supervising others as a coach/mentor to train staff and develop financial skills of colleagues.
- Ability to manage a complex and diverse workload and to work to tight deadlines.
- Excellent oral and written communication skills in English (professional level).
- Extensive experience working in Sub-Saharan Africa; work experience in Tanzania highly desirable.
- Qualified Tanzanian nationals are highly encouraged to apply.