Sr. Consortium Finance and Grants Manager

Position: Sr. Consortium Finance and Grants Manager
Sector: Finance
Employment Category: Fixed Term
Open to Expatriates: No
Location: Cox's Bazar, Bangladesh

Purpose of the Role
IRC together with its two international NGO partners is ready to start a three years multi sector consortium project with financial support of Bureau of Population Refugee and Migration (BPRM) to deliver Health, Nutrition and Livelihood, and Protection services for Rohingya Refugees and vulnerable host communities in Cox's Bazar, Bangladesh. The project aims to directly benefit over 310,000 people while over 271,000 people are expected to be benefitted indirectly over a period of three years.

With the technical support from Deputy Director Finance (DDF), Sr. Partnership Manager and direct supervision of Consortium Coordinator, the Sr. consortium Finance and Grants Manager will be responsible for reviewing financial reports from the various consortium members, oversee the grants management and compliance aspect for consortium members, and compile consortium project's finance reports. The post holder will be responsible to ensure consistent application of relevant finance and operations policies and procedures to ensure effective project implementation as well as compliance with relevant donor regulations. She/he will work closely with the Finance and Administrative staff of other consortium members and the chair of consortium Finance and grants working group.

Highlights of Key Responsibilities

Financial Systems Operations:

• Ensure that sub-grant related processes and procedures are consistently implemented throughout the program including pre-award compliance checks, agreements, disbursements, reporting, timelines and partner capacity-building as necessary
• Closely monitor all financial activities, and keep the consortium coordinator advised of all situations which have the potential for a negative impact on internal controls or financial management performance
• Prompt monitoring of exchange rate loss / gain and promptly advise consortium coordinator
• Assist consortium coordinator to disburse funds to consortium partners as per signed agreement
• Ensure proper documentation of the financial expenses maintained by the Consortium members

Grants management and compliance:

• Ensure that donor compliance is adhered by all consortium member partners; that all financial records and accounts are compiled in time, accurately and in line with international accounting standards and donor regulations
• Carry out continuous Review existing systems in order to maintain an adequate level of internal controls, in compliance with partner policies and procedures
• Carry out regular checks for compliance with partners reporting to the Consortium Coordinator with matrix with Sr. Partnership Manager and DDF

Financial Reporting:

• Preparation of monthly / quarterly budget versus actual reports with guidance from DDF and consortium coordinator, identify the bottlenecks and suggest solutions to these.
• Review financial reports and transactions provided by the partner on a timely basis, and provide feedback to partners as required
• Where necessary train and develop the capacity of the partners' finance team to ensure that a good standard of financial management is maintained
• Produce project level finance reports for submission to donor as per contractual obligations
• Produce necessary financial documents and reports for submission to GoB (e.g. FD7)
• Undertake other related duties as may reasonably be assigned by the Consortium Coordinator

Deliverables

• Finance reporting mechanism for consortium members are in place and functional
• Financial reports are adequately used to inform project implementation and adjustments in project budget
• Production of high quality finance reports for internal consumption and submission to donor
• Regular monitoring visits to consortium partners and action oriented finance, grants and compliance monitoring visit reports
• Timely disbursement of funds to consortium members
• Lead and facilitate consortium Finance and Grants working group

Qualifications
Experience and Competencies: Knowledge, Skills & Abilities

• Minimum 5 years' experience working in humanitarian/development contexts
• Minimum of 3 years' relevant work experience in the similar role with international NGOs
• Requires extensive experience in working with computerized accounting systems, standard spreadsheet and database programs (SUN System and Vision)
• Familiarity and experience of dealing with financial compliances of US grants specially BPRM
• Solid understanding and experience of relevant GoB compliances for INGOs in Bangladesh including but not limited to FD6, FD7, VAT, taxes etc.
• Previous experience of working in a consortium structure is an advantage
• Previous experience of working in Cox Bazar is an advantage
• Excellent problem solving skills, and demonstrated ability to handle pressure and improve
• Requires to have a proven track-record of proactively identifying and communicating potential problems and proposing solutions
• Demonstrated skills and experience of strategic and analytical thinking
• Ability to carry out responsibilities independently with minimal technical support
• Good English and Bangla language communication skills, both written and verbal.
• Strong commitment to IRC's mission, purpose and values

Specific Educational Qualification

• Bachelor's degree in Accounting/ Business Administration/ Commerce/Finance required
• Master's degree in Accounting preferred

Professional Degree/ Certification

• Recognized professional certificate in accounting such as CPA/ ACCA/ ACA preferred

Apply Online