Programme Finance Associate

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Job Description - Programme Finance Associate

Job title : Programme Finance Associate jobs in Borno Job Location : Borno Deadline : June 27, 2024 Quick Recommended Links

The Programme Finance Associate reports to the Programme Manager and Officer-in-Charge Maiduguri Sub-Office for guidance and supervision and is responsible for the execution of a wide range of financial services and administrative processes in the Sub-office, ensuring timeliness, efficiency, and transparent use of programme and other financial resources and delivery of services in accordance with organizational financial rules, regulations, policies, procedures, and approved allocations. Under the overall guidance of the Operations Manager and in close collaboration with the Operations and Programme teams in the Country Office, Abuja, Regional Office, and HQ, the Programme Finance Associate will promote a client-oriented approach consistent with UN Women rules and regulations, standard practices, and guidelines. Duties And Responsibilities Implement financial strategies in full compliance with UN Women rules, regulations, policies, and recording and reporting systems

  • Perform duties in full compliance with UN Women financial regulations and rules, policies, and standard operating procedures, including internal controls;
  • Review and verify financial transactions, activities, and documentation; take corrective actions as needed and report any unusual activities;
  • Monitor financial exceptions reports for unusual activities or transactions, investigate anomalies, and report to the supervisor conclusions and/or present recommendations for actions/decisions;
  • Draft reports on financial status, procedures, exchange rates, costs, and expenditures.
  • Assist with project audit and follow-up on audit recommendations to monitor implementation of corrective actions;
  • Collect, verify, and present information and data for use in the planning of financial resources and the formulation of all Humanitarian and Disaster Risk Reduction programme work plans, budgets, proposals on implementation arrangements, and execution modalities;
  • Provide assistance in Annual Work Plan entry in the Results Management System (RMS) as required.
  • Provide advice and recommend solutions to a wide range of financial issues;
  • Monitor the proper functioning of the financial resources management system for office and programmatic budgets and resources.
  • Implement cost-saving and reduction strategies.
  • Provide administrative support in monitoring budget preparation and the finances of programmes/projects; including the finalization of FACE forms;
  • Review financial reports and supporting documents from implementation partners;

Prepare, monitor and track Programme budgets in full compliance with UN Women rules, regulations, policies, and recording and reporting systems

  • Formulate the budget, control allotments, monitor expenditures, and prepare revisions according to the needs
  • Track the appropriate and timely use of financial resources;
  • Create projects in QUANTUM, prepare budget revisions, revise project awards and status; and determine unutilized funds;
  • Implement and maintain control mechanisms for development projects through monitoring budget preparation and modifications and budgetary status;
  • Maintain internal expenditure control system;
  • Undertake corrective actions on un-posted vouchers, including vouchers with budget check errors, match exceptions, and unapproved vouchers. Respond to RO /HQ requests to resolve financial data issues;
  • Input data in QUANTUM and monitor status. Keep stakeholders and clients informed for timely action and/or decisions;

Provide finance support to the Programme and Operations team

  • Prepare PO and non-PO vouchers for development projects;
  • Record and post transactions in QUANTUM, process payroll, travel claims, MPOs, and other entitlements;
  • Monitor the setup of budgets in QUANTUM to ensure they are in accordance with budgets agreed with donors and are input into QUATUM at the detailed Activity ID level;
  • Monitor each month's over-expenditure of budgets and follow up with the Budget Owner;
  • Monitor transactions posted to projects, ensuring actual expenditure has been recorded against the correct budget category and activity, and take timely corrective actions as required;
  • Monitor proper follow-up of advances to implementing partners review their financial reports together with project managers;
  • Monitor the financial status and, under the guidance of the Operations Manager, implement control mechanisms for management/development projects;
  • Keep stakeholders and clients informed for timely actions/decisions and review status reports for quality control;
  • Provide information inputs to financial reports for the Regional Office, HQ Finance, and stakeholders;
  • Associate revenue and expenditure in commitment control for non-core projects;
  • Provide inputs and take necessary actions to facilitate timely financial project closure;
  • Support financial donor reporting by providing timely information and taking necessary actions as required by the UN Women Virtual Global Service Centre for financial donor reporting.

Provide administrative support to Resource Mobilization, Formulation and Management of the Programme

  • Compile and process information from donors, the Country Office, and programme team members as input to various databases and documents.
  • Prepare drafts for cost-sharing agreements, including conditions of contributions within resource mobilization efforts, adhering to standard agreements where possible. Follow up on contributions within the CO resource mobilization efforts.
  • Provide administrative support in the preparation of Programme work plans, budgets, and proposals on programme implementation arrangements;
  • Provide technical guidance to the CO and executing agencies on routine delivery and reporting of programme supported activities and finances;
  • Provide support to logistical, administrative, and financial arrangements for organizing meetings, workshops, events, and missions.

Facilitate knowledge-building and knowledge-sharing.

  • Conduct training and/or help organize training events and activities and participate in training.
  • Collect and compile lessons learned and best practices in financial management and services. Disseminate to clients and stakeholders as appropriate to build capacity and knowledge.
  • Contribute to financial business operational practices and management innovations.

Key Performance Indicator

  • Timely, complete, and accurate financial transactions/activities/documentation
  • Timely and accurate advice on UN Women financial rules and regulations
  • Timely and accurate drafting of management financial reports
  • Timely and accurate support to events, workshops, and missions.
  • Timely and regular monitoring of financial resources management system and timely expenditure of financial resources
  • Timely accurate support to budget formulation and controlling allotments
  • Timely and accurate verification of financial documents;
  • Timely and accurate tracking of data for CO management and donor purposes;
  • Quality maintenance of internal systems.

Core Competencies :

  • Awareness and Sensitivity Regarding Gender Issues
  • Accountability
  • Creative Problem Solving
  • Working in Teams
  • Self-Management and Emotional intelligence
  • Ethics and values

Functional Competencies:

  • Strong knowledge of financial rules and regulations and accounting principles
  • Strong knowledge and application of IT tools and understanding of management systems
  • Good knowledge of programme management
  • Strong financial and budgeting skills
  • Ability to administer and execute administrative processes and transactions.
  • Previous experience working in the North-East of Nigeria is an asset

Required Skills and Experience Education and certification:

  • Bachelor’s degree in accounting, Finance, Business management and other relevant field
  • Specialized national or international certification in accounting and finance is an asset.

Experience:

  • At least 5 years of progressively responsible experience in finance, budget administration, and management.
  • Financial and budgeting skills per his / her past assignments, including using Enterprise resource planning or Accounts Payable Software such as Quantum.
  • Previous work experience with the UN, government institutions, and/or INGO, and managing grantees is highly desirable.
  • Experience in using computers and office software packages (MS Word, Excel, etc) and spreadsheet and database packages; experience in handling web-based management systems.
  • Knowledge of UN/UN Women procedures, rules, and regulations is desirable.
  • Knowledge of accounting policies and principles is highly desirable
Accounting / Financial Services jobs in Nigeria
Programme Finance Associate in Borno
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