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Finance Officer

  • Organization: IRC - International Rescue Committee
  • Location:
  • Grade: Mid level
  • Occupational Groups:
    • Banking and Finance
    • Operations and Administrations
  • Closing Date: 2020-10-07

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Background

Present in Sierra Leone since 1999, IRC supports the Sierra Leonean institutions – government, civil society, community-based organizations and private sector – to provide improved social services, decrease youth unemployment and mitigate gender based violence.  IRC do this through programs and partnerships designed to improve the life of women, youth and children by implementing Health, Education, Youth and Gender Based Violence programming.  IRC has a Country Program office in Freetown, a Regional Field Office in Kenema, Field Offices in Kono and Bo, and a satellite office in Kailahun.

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, and Anti-Retaliation.”

Summary of responsibilities

The finance Officer is responsible in assisting the Senior Finance Officer, Finance Manager and Finance and Compliance Coordinator in re-reviewing of documentation for correct coding, arithmetic accuracy, collating commitments for BVA report, Grants filing, review of cash books and reconciliation, compiling monthly cash projections,part take in month end closing process, facilitate transfers to Partners etc.

 Specific Responsibilities:

 Partner management.

  • Support the Senior Finance Officer to prepare Sub grantee cash projections and ensure that IRC transfer funds to Partners without delay.
  • Together with the Senior Finance Officer, review all financial reports submitted by partners and provide immediate feedback as necessary
  • Participate in the verification exercises of Partner organizations’ vouchers.
  • Support to carry out all Pre-Award Assessments – including the report compilation and capacity building issues – for prospective partners and feedback to Supervisor, in a timely and comprehensive fashion.
  • Work with the Senior Finance officer to follow up on action point(s) with partners for implementation.
  • Support the Senior Finance Officer to carry out subsequent visits to partners who are selected, in order to develop a Capacity Building Plan with specific action points, incorporating this into the negotiation phase for the Partnership Agreement
  • Attend together with the Senior Finance officer the sub award opening and closeout processes in compliance with donors and IRC regulations
  • Work with the Senior Finance Officer to Prepare the monthly tracker for all transfers and time of payment to Partners for review by the Finance and Compliance Coordinator for onward submission to the Deputy Director-Finance by 15th of every month
  • On a monthly basis (when required), prepare national and international Staff allocation for review by the Finance and Compliance Coordinator

Cash management

  • Support to make transfers & Cheque payments on authorized and approved Partners in compliance with Grant agreements
  • Make sure to photocopy necessary vouchers for Partners reporting on a monthly basis.
  • Prepare commitment report from the cash books and other available sources
  • Work with the Senior Finance Officer to transfer funds to Partners and manage bank and cash balances.
  • Support the Senior Finance officer to Prepare cash forecasts.

Audit Preparation

  • Actively participate in internal and external audit.
  • Actively prepare and participate in verification by DFID.
  • Find documentation during audits and verification activities as required
  • Where applicable, support in the Desk review by the Donor as may be required.
  • Any other duties assigned to support audit

Budget Management

  • Support the Senior Finance Officer to Prepare and send monthly budget versus actual (BvA) reports with narrative and relevant comments and spending recommendations to Finance and Compliance Coordinator for review
  • Support the Senior Finance Officer to Prepare adjustment Journals for correcting coding errors, reclassification where necessary for review by the Finance and Compliance Coordinator
  • Participate in Grants Opening/Review/Closing and monthly BvA review meetings. Ensure coded budget is prepared based on donor format.

Month end closing

  • Support to review all financial documents for proper and adequate back up and provide feedback to the Finance manager and/or Finance and Compliance Coordinator
  • Together with other Finance Staff, review all expenditure worksheets for accuracy and completeness
  • Support to review spreadsheets from field sites before uploading to Sun.
  • Actively participate on month end closing and upload file.
  • Prepare amortization schedule for rent and insurance on a monthly basis.
  • Support to Prepare all on approved Financial reports Journals for review and onward posting

Other finance duties

  • Report to the Finance and Compliance Coordinator any irregularities on policy and procedures
  • Follow any new procedures and guidelines designated in circulars from DDF/CD
  • Cover for other finance staff as required.
  • Perform other duties as may be assigned by your supervisor
  • Assist in the implementation of finance policies, procedures and systems
  • If required, in coordination with the Finance manager, ensure balance sheet accounts are managed properly.

Key Working Relationships:

External: Partner NGOs, other NGOs, Bank, Social Security, National Revenue Authority

Internal: Deputy Director-Finance, Field finance Staff, Supply Chain

We do our best to provide you the most accurate info, but closing dates may be wrong on our site. Please check on the recruiting organization's page for the exact info. Candidates are responsible for complying with deadlines and are encouraged to submit applications well ahead.
Before applying, please make sure that you have read the requirements for the position and that you qualify.
Applications from non-qualifying applicants will most likely be discarded by the recruiting manager.
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