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Finance Coordinator - Budgeting and Reporting

Full-Time·6-8 years·Addis Ababa, Ethiopia
Posted 4 month ago·No longer accepting applications

Job Description

Major ResponsibilitiesBudgeting & Financial PlanningEngage in the Go/No Go decision process, budget envelop determination, Unit costs and budget templates (IRC and donor)Gather Cost Allocation (CA) information and determine CA rate and ensure adequate coverage of operational costs to support programmatic activities.Lead and review new project budgets to ensure alignment with donor and IRC financial standards.Lead and review project proposals and narrative budgets for financial accuracy and compliance.Create D- codes, discuss with budget holders the accuracy of the financial codes combinations, upload to ERP system and share with budget holders.Support the Finance Director and Finance managers in the preparation, review, and follow-up of new budgets.Assist in preparing annual operating budgets, revisions, and reforecasts.Ensure budgets are realistic, compliant with donor guidelines, and aligned with IRC internal policies.Monitor budget utilization and provide detailed variance analysis to Director of Finance and management.Maintain accurate and up-to-date project budget tracking using PBI reports and spending forecast.Develop pipeline analysis and spending forecast for best use of resources.Review all budget before submitting to Direcor of Finance for sign off.Audit SupportPrepare specific project financial report with all schedules for auditInvolve in audit firm selection process, Audit TOR development and review as requiredSupport in audit preparation, including collecting related required financial documentationsAddress audit queries in collaboration with different work units.Review draft audit report, prepare draft management responses for director of finance reviewsEnsure all audit reports are finalized on time and submitted to donors.Other DutiesEnsure continuous compliance with IRC financial policies, procedures, and donor regulations.Ensure IRC and donor resources are protected, risk mitigated and properly managed.Support capacity-building efforts for finance and non-finance staff in budgeting and reporting processes.Participate in process improvement initiatives related to financial management and reporting systems.Perform any other related duties assigned by the line manager to ensure efficient operation of the finance department.Engage in staff training and capacity building.Safeguarding Responsibilities: - Promote and actively participate in initiatives and efforts to build team engagement, inclusion and cohesion in IRC [team/office]Foster ongoing learning, honest dialogue and reflection to strengthen safeguarding and to promote IRC values and adherence to IRC policiesJob RequirementsEducational QualificationBachelor’s degree in accounting, Business Administration, Commerce or Finance required; recognized professional certificate in accounting such as CPA, or a master’s degree in accounting preferred.Experience And SkillMinimum of 7 years of experience in budgeting, reporting, and donor compliance, preferably within INGOs/NGOs.Strong understanding of donor financial reporting requirements (e.g., UN, EU, GAC, SIDA, FCDO, USG and other institutional donors).Proficiency in Microsoft Excel (advanced excel use) and financial/accounting systems (Microsoft Dynamics 360- ERP), Excel Analyzer, PBI preferred.Demonstrated ability to meet tight deadlines with accuracy and attention to detail.Ability to work under pressure. Must be able to function effectively in a complex work environment, setting appropriate priorities and manage competing priorities and pressure.Ability to carry out responsibilities independently with minimal technical support.Must have excellent interpersonal communication skills and professional patience and be able to interact, partner and thrive in a diverse environment.Committed to staff training and development and effective at facilitation.Strong English communication skills (written and spoken) and fluency in Amharic and other local languages preferred.Personal AttributesProactive, detail-oriented, and thorough in reviewing financial records.Strong ethical standards and commitment to compliance.Ability to work collaboratively with finance and other department teams.Honest, trustworthy, and committed to Accountability, equality, Services to clients, integrity and transparency.Analytical thinker with strong problem-solving and organizational skills.Able to handle multiple priorities with effective time management.Proactive, flexible, and able to work both independently and collaboratively.Demonstrate cultural awareness, respect, and sensitivity.Committed to IRC’s mission, vision, and values.Demonstrates strong team-building and supervisory abilities.

Required Skills

Business AdministrationAccountingManagementCommunication

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