Finance Officer AID-I
Jobs at:international Maize and Wheat Improvement Center (CIMMYT)
Deadline of this Job:
Friday, April 21 2023
Date Posted:Friday, April 21 2023, Base Salary: Not Disclosed
Cash Flow Projection, Monitoring and Budget Execution
• Ensure timely preparation of a cash flow projection for Zambia office with Country Office Coordinator.
• Review and update cash flow statement and with Country Office Coordinator and Program Managers and Program Administrators.
Payment Processing, Transaction Recording and Documentation
• Coordinate in country financial activities in constant coordination with CIMMYT and IITA Finance functions.
• Scrutinize and support or initiate payment requests and processing ensuring proper support documentation is attached.
• Ensure proper numbering and filling of financial and accounting records.
• Ensure proper recording of financial transactions in corresponding system.
• Generate monthly a record of all transactions entered during the month and ensure errors are corrected in time.
• Verify monthly consolidation and submission of monthly reports to HQ
• Facilitate independent the work of auditors when undergoing an audit and prepare management response to the auditor recommendations, in compliance with donor rules and regulations; ensure follow up of auditor recommendations and
• Support IITA as necessary with timely submission of all direct and indirect tax requirements and ensure VAT recovery with the respective tax authorities.
Payables and Receivables Analysis and Travel Legalizations
• Conduct a monthly review of balances with a view to regularize them.
• Review travel claims/advance and ensure timely submission, and processing of advances and legalizations.
• Analyze, reconcile and follow-up staff personal accounts to ensure compliance with CIMMYT policies.
• Support IITA in preparing statutory returns and ensuring compliance with all statutory requirements.
Project Management Support
• Review project Budgetary information for planning and forecasting, monitor budget execution and prepare monthly updates to the country coordinator.
• Follow up and monitor payments to project partners and proper financial reporting from them, assisting as necessary in preparing their returns and reviewing their expenditure supporting documentation.
• Supporting in preparation of and attending project team meetings while providing back up on project financial matters
• Budget tracking and regular verification of reported Country expenses.
• With support from IITA, prepare and submit to HQ monthly bank reconciliations and other internal control requirements as dictated by CIMMYT HQ and/or supervisor.
• Support procurement effort in compliance with procurement policy and with guidance from the Country Office Coordinator and procurement function at HQ.
• Bachelor’s or master’s degree in accounting or related qualification and familiarity with Non-for-profit environment and Funder/Donor regulatory environment and processes.
• At least 3 years’ relevant work experience in accounting, financial management for the development sector/ donor funded projects.
• Experience in computerized accounting and knowledge of Quick Books and related accounting packages.
• The candidate should hold a valid membership certificate of any of professional accounting bodies or similar bodies.
• A customer-orientation and focus on process efficiency and efficacy is indispensable.
• High level of confidentiality and integrity
• Excellent knowledge of MS Office especially MS Word and MS Excel
• Good time management and team management skills
• Excellent verbal and written English communication skills.
• Able to integrate into a multi-cultural team and cooperate with co-workers.
• The selected candidate must exhibit the following competencies: Organization, Critical thinking, Teamwork, Client Orientation, Problem Solving decision making, Negotiation and Conflict resolution.
• Private Health Insurance
• Pension Plan
• Paid Time Off
• Work From Home
• Training & Development
Job Experience:No Requirements
Work Hours: 8
Level of Education: Bachelor Degree
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