Location
Other Dar es Salaam District Dar Es Salaam
Description
Title: Finance Officer-Grants
Reporting to: Senior Finance Officer- Grants
Location: Dar es Salaam.
Pact Overview:
At the heart of Pact is the promise of a better tomorrow. The promise of a healthy life. Of a decent livelihood. Of sustainable natural resources that benefit communities. Now more than ever in its 42-year history, Pact is helping millions of people who are poor and marginalized discover and build their own solutions and take ownership over their future.
Pact accomplishes this by strengthening local capacity, forging effective governance systems, and transforming markets into a force for development. Pact Tanzania is a field office of “Pact” an international non-governmental and non-profit making organization with its headquarters in Washington DC. Pact Tanzania exists to build local capacity to enable systematic solutions that allow those who are poor and marginalized to earn a dignified living, be healthy and enjoy the benefit nature provides.
Position purpose:
The Finance Officer works with the Finance team to ensure that Pact’s financial management, policies and procedures and those of donors are adhered to all times, safeguarding funds set aside specifically for issuance of grants and ensuring that they are used in line with the purposes intended by the donors and that accurate financial records are maintained.
Specific Duties and Responsibilities:
· Participate in the grant cycle processes from the time of solicitations are issued, through the receipt, evaluation, review, award decision; grant issuance, reporting and monitoring and close out of activities.
· On assigned grantees/partners receive and review monthly financial reports from them against sub-agreement budgets, program reports, and deliverables as well as supporting documentation to check for allowability, allocability and reasonability.
· Participate in the trainings designed to equip finance team with technical skills necessary for capacity building of partners (sub-grantees) and local NGOs in the area of financial management and sub contract compliance.
· Participate in the trainings planned to build partners’ and local NGOs’ capacities in financial management.
· Conduct, in collaboration with the Senior Finance Officer Grants, organization capacity and performance assessments and support development of institutional strengthening plans for assigned partner CSOs/Networks.
· Monitor implementation of institutional strengthening plans for assigned partner CSOs/Networks including drafting monthly, quarterly and annual reports on progress, challenges and recommendations for improvement.
· Implement tailored grant and financial management tailored capacity development interventions through training, coaching and mentorship.
· Conduct regular field visits to provide technical assistance, and document site visit findings,and action plan on corrective measures.
· Work closely with Pact Tanzania finance and other staff members in the compilation of data and preparation of monthly, quarterly, and annual reports.
· Update and maintain grantees’ files containing contracts, all sub grantees’ documents and financial and progress reports.
· Receive advance requests from assigned grantees and review them for correctness vis-à-vis the budget, past month’s spending and future obligation requirements.
· Make timely follow ups with Finance team for disbursement of funds to grantee for approved program activities.
· Update sub-grant matrices regularly with new sub-grantee information and awards.
· Receive and review monthly financial reports from assigned grantees against program reports, budgets and deliverables as well as supporting documentation to check for allowability, allocability and reasonability.
· Prepare liquidation reports of assigned grantees after verification of expenses and work with the grantees to address and resolve outstanding issues.
· Make follow ups with grantees not liquidating advances on timely manner.
· Prepare modifications to awards and update special provisions, whenever necessary.
· Prepare close out documentation and provide assistance to sub-grantees on close out process.
· Perform other functions assigned by the Senior Finance Officer Grants.
Qualifications:
· Bachelor degree in Accounting, Finance or Commerce: or holder of Advanced Diploma in Accounting, Finance or Commerce.
· NBAA Intermediate Stage module or higher modules will be added advantage.
Experience:
· At least three years of progressively responsible experience in financial management, including at least one year working with non-profit organizations and international donors.
· Knowledge and familiarity with donors’ rules and regulations, especially USAID.
· Prior experience working with sub-grants.
· Experience on Rapid Response Granting Mechanism will be added advantage
Skills:
· Knowledge of financial and accounting principles.
· Excellent oral and written communication skills in English and Kiswahili.
· Excellent attention to detail.
· Computer literacy and familiarity with standard office computer applications.
· Ability to work under pressure and meet deadlines.
· Analytical and report presentation skills.
· Working knowledge of accounting software, such as QuickBooks, ACCPAC, Serenic etc.
Strong training and capacity building skills
Qualified women are strongly encouraged to apply.
To learn more about Pact Tanzania visit: http://www.pactworld.org/country/tanzania
Pact is an equal opportunity employer and does not discriminate in its selection and employment practices on the basis of race, color, religion, sex, national origin, political affiliation, sexual orientation, gender identity, marital status, disability, genetic information, age, membership in an employee organization, or other non-merit factors.
Works with the Finance team to ensure that Pact’s financial management, policies and procedures and those of donors are adhered to all times.
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