Finance Manager - Consortium at International Rescue Committee (IRC)

Location: Maiduguri - Borno/Damaturu - Yobe
Anticipated Start Date: August 1, 2017.

Scope of Work

• The Finance Manager will be responsible for overseeing the financial performance of a DFID-funded education in emergencies consortium.
• The Finance Manager will provide leadership in developing tools for successfully administering a consortium budget and providing financial analysis of the projects performance to inform decision making processes.
• As a member of the lead implementing agency, the Finance Manager will work with finance staff from IRC and sub-agreement partner agencies and will oversee the coordination of reporting that adheres to all agencies’ financial protocols.
• S/he will work closely with the IRC Nigeria Finance Controller to submit accurate, reports in line with DFID requirements.
• The Finance Manager will report to the Senior Consortium Coordinator and also have a dotted reporting line to IRC Nigeria Finance Controller.

Responsibilities
Financial Control:

• Coordinate the financial aspects of the multi-state, multi-year, multi-partner programs in line with DFID requirements.
• Oversee financial aspect of sub-grant tracking and subcontracting, ensuring forward planning and preparation for donor reporting, adherence with DFID and consortium requirements and timelines, and timely submission of partner agency’s reports.
• Ensure that financial management systems and records are effective and robust in order to identify and protect the assets and interests of the consortium.
• Coordinate, review and monitor cash forecast for Lead agency and for each partner on monthly basis and draw down adequate cash to meet their stated cash requirement.
• Consolidate cash flows, reporting templates, financial plans and amendments throughout the project life.
• Review and monitor budgets to support financial stability, efficiency and value for money.
• Maintain an adequate filing system for all financial and accounting deliverables to ensure ease of access during internal/external audit.
• Monitor budget burn rates and recommend appropriate action on any significant variances ( +/-10%) or as per DFID guidelines.
• Prepare budget amendments based on performance and currency fluctuation.
• Participate in a procurement committee for procuring joint items and large capital assets for the consortium members.

Financial Reporting:

• Prepare Consortium Budget vs Actual reports on monthly basis.
• Consolidate financial reports, fund requests and budgets in a timely fashion.
• Ensure that all financial records and accounts are compiled on time, accurately and in line with international accounting standards and donor regulations.
• Finalize year end accounts and provide any ad-hoc reports that may be required.
• Ensure all consortium members submit accurate time sheets.
• Maintain accounting records.
• Follow up on timely implementation of the recommendations to remedy significant variances.

Capacity Building:

• Occasionally participate in any such consortium meetings to foster compliance and to address any financial issues.
• Ensure that sub-grant related processes and procedures are consistently implemented through the use of compliance checks and agreements.
• Undertake periodic visits to the field in order to support consortium members and put forward recommendations for improvements where appropriate.
• Facilitate training sessions on grants management, general accounting, internal controls and administrative systems.
• Ensure internal audit recommendations for grant funded projects are adhered.
• Track lessons learned and share with consortium members throughout the projects implementation.
• Organize for Peer reviews amongst the finance personnel of the three sub agreement partner agencies and draw lessons learnt to improve financial oversight.

Knowledge, Skills and Abilities

• Master's Degree in Finance or Accounting or professional accounting qualification, such as a CPA or equivalent.
• Minimum of three years of experience in a finance/accounting role preferably with an international NGO.
• Demonstrated experience in developing and managing large budgets, with preference for previous experience working in a consortium.
• Experience in working on projects funded by major international donors, with preference for previous experience with DFID.
• Strong coordination/negotiation skills specifically with the ability to effectively coordinate among other partner organisations.
• Ability to work towards tight reporting deadlines as required.
• Strong analytical, interpersonal, communication and organisation skills.

Benefits

• Monthly salary, 13th Month Salary Inclusive, Health Insurance Coverage for Family, Pension, Creche Facilities available for Women with babies under 24 Months