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Finance Coordinator (Consortium Project Finance Lead)

International Rescue Committee (IRC) Ethiopia

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Finance

Accounting

Addis Ababa

6 years

1 Position

2024-10-04

to

2024-10-10

Required Skills
Required skills have not yet been specified for this position this job
Fields of study

Accounting

Business Administration

Finance

Full Time

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Job Description

The International Rescue Committee (IRC) helps people whose lives and livelihoods are shattered by conflict and disaster to survive, recover, and gain control of their future. Founded in 1933 at the request of Albert Einstein, the IRC works with people forced to flee from war, conflict and disaster and the host communities that support them, as well as with those who remain within their homes and communities. At-work today in over 40 countries and 22 U.S. cities, we restore safety, dignity and hope to millions who are uprooted and struggling to endure. IRC leads the way from harm to home. Began work in Ethiopia, 1999 in response to severe drought that happened in Ethiopia’s Somali region. Currently, providing assistance in ten different regions implementing emergency and development programs in health, water and sanitation, economic recovery and development (ERD), women’s protection and empowerment, education, child protection, and multi-sectoral emergency response. 

IRC is seeking a Finance Coordinator for an anticipated multi-million-euro rapid response project.  The Finance Coordinator will provide overall leadership for the financial accounts function and support the budgeting and reporting function. S/he will be responsible for ensuring best-in-class financial controls and management for the RRM 2.0 project (with 13 consortium members and other implementing partners) – including capacity building; implementing efficient & effective processes; improving and ensuring compliance with internal control systems. S/he will ensure that financial requirements and procedures comply with internal policies, donor requirements as well as the government laws and policies.

Major Responsibilities

Technical Leadership 

  • Support budget holders in Budgeting, Budget monitoring (BVAs), and Budget control. 

  • Follow up proper tracking of all projects expenditure against budget, analyze recurrent costs and expenditure trends, and the financial position.

  • Maintain financial records and monitoring systems; record and reconcile expenditures, balances, payments, and other day-to-day transactions; facilitate internal and external audits by providing all required information to the auditors.

  • Helping the Project Director in preparing and revising budgets, checking whether the financial reports have been prepared for the donor, coordinating to provide regular financial updates as and when requested

  • Manage and maintain the fixed asset (FA) schedule tracking acquisitions, disposals, and write-offs and compute monthly depreciation charges.

  • Prepare annual financial statements and schedules and ensures that consortium partners adheres to month-end and year-end procedures for audit readiness.

  • Liaise with grants team, center and regional office to coordinate clearance of intercountry and member expenses.

  • Certify that all payments are substantiated by appropriate source documents, and authorized by budget holders before any payments are effected.

  • Preparation of quarterly financial reports for the upcoming intervention.

  • Collaborate with the supply chain department to establish and manage suppliers’ contracts, ensure integrity, and process payments against contracts; maintain files on contracts.

  • Review all payments and purchase orders (POs) for proper coding and approval. 

  • Ensure proper finance documentation and filing.

  • Ensure that staff, interns, program partners, and volunteers comply with donor policies and procedures.      

  • Train staff and partners on relevant financial reporting procedures and management.

  • Ensure all business floats are timely settled and posted into internal software system).

  • Liaise with partner organizations’ head office and field office to ensure partnership agreements are adhered to.

Performance Indicators: -

  • Producing accurate reports on time.

  • Meet the financial needs of the upcoming intervention in an effective and timely manner.

  • Effective management of donor financial requirements and responsibilities.

  • Maintenance of proper and accurate financial records.

  • Support to partners and program staff when required and in a timely manner.

  • Effective maintenance of the grants management system.

Responsibility for resources: -

  • Ensure that the cash and cash equivalents and financial records are safeguarded and utilized in the intended manner.

  • Ensure proper utilization and safety of the consortium assets. 

Safeguarding Responsibilities: - 

  • Promote and actively participate in initiatives and efforts to build team engagement, inclusion and cohesion in IRC [team/office]

  • Foster ongoing learning, honest dialogue and reflection to strengthen safeguarding and to promote IRC values and adherence to IRC policies. 

Job Requirements

Educational Requirements: -

  • Master’s degree in finance, accounting, business administration, or a closely related field. Master’s degree preferably.

Preferred experience & skills: 

  • Minimum of 6 years of management experience in an NGO environment, of which at least three years at a middle management level within a finance department.

  • Strategic mindset with the ability to lead, inspire and achieve results in a challenging context.

  • Demonstrated managerial, supervisory, and leadership skills.

  • Expert knowledge, skills, and experience in principles and practices of international accounting and financial management.

  • Excellent inter-personal skills and ability to communicate with a diverse set of stakeholders.

  • Strong analytical, decision making and strategic planning skills with the ability to articulate complex information in an easy-to-understand manner.

  • Strong ability to analyze financial data including large financial data extracts, summarize results, produce reports, and recommend appropriate actions.

  • Excellent knowledge of and skills in the use of integrated IT accounting systems

  • Excellent verbal and written communication skills as well as, an overall ability to be clear and concise in all communications

  • Strong organizational and time-management skills; proven ability to prioritize and deliver on time

  • Strong analytic problem-solving skills

  • Ability to work both independently and in a dynamic, cross-functional global team structure

  • Highly proficient in Microsoft Office suite 

  • Demonstrated ability to work effectively with stakeholders at all levels

  • Ability to manage and work through change in a proactive and positive manner. 

Language Skills: -

  • Strong written/spoken English is a requirement and Ethiopian National working languages is a plus.

How to Apply

Candidates who meet the above qualifications are encouraged to apply only through THIS LINK

IRC Career Site: -

Please include 3 references from current and former employers.

Applications will not be returned. IRC discourages phone calls or personal visits.

Only applicants meeting the minimum qualification will be shortlisted and contacted.

Female candidates are highly encouraged to apply.

Your application letter/cover letter must include the following information. 

  • Name of the position you have applied for 

  • Date of application 

  • Summary of your qualifications and experience 

  • Motivation/objective of why you have applied for the job

  • Permanent Address and present address (if different from permanent) and telephone number if possible also email address 

  • Disclose any family relationships with existing IRC employees. 

IRC is an equal employment opportunity employer.  IRC considers all applicants on the basis of merit without regard to race, sex, color, national origin, religion, sexual orientation, age, marital status or disability. 

IRC strives to build a diverse and inclusive team at all levels who as individuals, and as a group, embody our culture statement creating a working environment characterized by critical reflection, power sharing, debate, and objectivity for us to achieve our aspirations as a team and deliver the best possible services to our clients. 

Professional Standards: The IRC and IRC workers must adhere to the values and principles outlined in IRC Way - Standards for Professional Conduct. These are Integrity, Service, and Accountability. In accordance with these values, the IRC operates and enforces policies on Beneficiary Protection from Exploitation and Abuse, Child Safeguarding, Anti Workplace Harassment, Fiscal Integrity Anti-Retaliation and Combating Trafficking in Persons. 

Gender Equality: IRC is committed to narrowing the gender gap in leadership positions. We offer benefits that provide an enabling environment for women to participate in our workforce including parental leave, gender-sensitive security protocols, and other supportive benefits and allowances.

Fields Of Study

Accounting

Business Administration

Finance

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