Budget and Finance Management Expert at Ministry Of Environment (MOE): (Deadline 7 May 2024)

Budget and Finance Management Expert at Ministry Of Environment (MOE): (Deadline 7 May 2024)

Budget and Finance Management Expert at Ministry Of Environment (MOE): (Deadline 7 May 2024)

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
Minimum qualifications
    • 1
      Master’s Degree in Finance with CPA/CPFA/CPFM intermediate level /ACCA Foundation Level (Completion of ACCA Applied Skills papers)

      10 Years of relevant experience

    • 2
      Master’s Degree in Accounting with CPA/CPFA/CPFM intermediate level /ACCA Foundation Level (Completion of ACCA Applied Skills papers)

      10 Years of relevant experience

  • 3
    Master’s Degree in Business Administration with at least 3- levels of CPA

    10 Years of relevant experience

Required competencies and key technical skills

    • 1
      Knowledge of different financing options for infrastructure projects
    • 2
      Knowledge of accounting, financial reporting and auditing standards (Such as IPSAS, IFRS; ISSAs)
    • 3
      Knowledge of National Planning, budgeting and reporting framework, tools and systems
    • 4
      Knowledge on research and data analysis, reporting, budgeting
    • 5
      Experience with donor funded projects and prior implementation of donor’s safeguards policies, including on World Bank/ADB/AIIB financed operations, is an advantage.
    • 6
      Familiarity with project implementation procedures and guidelines
  • 7
    Experience in working with donors funded projects, public, private and civil society organizations

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