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Description

The Project Finance Officer is responsible for the budgeting and financial control of projects and for the compliance with contractual (donor) agreements  

Is responsible for realization of Country Office targets and compliance with contractual (donor) agreements 

Key Duties & Responsibilities

Project Budgets

Develops project budgets in coordination with program and project managers for presentation to donors. Makes sure that cost recovery is guaranteed and the correct Cordaid tools, data and forms are being used. Supports the cash planning process with the Country Finance Mana

Financial project data and reporting

Keeps the implementation of projects in focus and assesses the financial management reports and results. Shares this information with Program and Project Managers and Finance Manager in time and appropriately when financial management does not go according to plan. Provides timely updates to management to allow for proper communication with donors.

Financial quality of partners’ reports 

Guides and advises partners in such a way that they effectively and efficiently run the project and meet the reporting requirements.

Compliance knowledge 

Supports the Finance Manager to develop, maintain, and deliver training on compliance issues to realize sufficient compliance knowledge, has a positive attitude towards compliance and improved compliance behavior.

Information audits 

Supports the organization in collecting all necessary information for audits in time. Prepares and coordinates the project audits and ensures a high quality for accountability material.

Audit related improvements 

Ensures that recommendations from in- and external audits are implemented and disseminated throughout the organization.

Cost Recovery 

 Ensures that organizational support costs are being recovered, either in the by the Business used man-hour tariffs or by charging the activities to donor contracts directly.

Integrity

Adheres to the Code of Conduct and integrity policies, reports concern and follows regular integrity training, this is a medium risk position.

Requirements

Knowledge, Skills, and Experiences

• Knowledge of Accounting, Bachelor Level or Equivalent. Professional Accounting Qualification (e.g., CPA, ACCA, CIMA) desirable but not essential
• Minimum of  5 years Experience in accounting in International non-government organizations
• Knowledge of project management, planning & control, administrative processes, donor requirements and relevant languages.
• Knowledge of the mission, vision, values, goals, structure, program strategies, regions, and the strategy of Cordaid.
• Behavioral values and skills: trust, accountability, problem solving, cooperation, flexibility, creativity, innovative, diplomatic, results-oriented, collaboration
• Social skills to realize a positive attitude towards compliance and improvements in compliant behavior, and to accompany and direct partners with financial management of the organization and projects.
• Writing skills to develop training material and to define unambiguous internal agreements, and to formulate opinions on the preparation of project budgets and financial reports.

Others/Extra Details

Competencies

• Self-motivated, proactive and result driven
• Being a person with high integrity
• Ability to work independently but at the same time being a team player
• Ability to connect with people of diverse backgrounds
• Ability to learn quickly.
   

KRAs

• Meeting periodic reporting to donors and respecting deadlines.
• Monitor the invoices submitted to donors both locally and internationally
• Provide guidance to project and Program managers and to the partners.
• Compliance issues identified and responded to appropriately
• Collect and share lessons learnt to colleagues and partners
• Excellent audit reports, showing any actions/improvements have been implemented