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Financial Control & Compliance, Finance Manager

Save the Children

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Finance

Business and Administration

------

8 years

Position

2021-02-13

to

2021-02-22

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Job Description

ROLE PURPOSE:

The jobholder has overall responsibility of the Financial Accounts function. They will also be responsible for ensuring best in class financial controls and management at country office and field office level – including capacity building; implementing efficient & effective processes; improving and ensuring compliance with internal control systems. SCOPE OF ROLE:

Reports to: Head Of Finance controller and Compliance.

Staff reporting to this post:

  • 2 direct reports – Two Finance coordinators.
  • Technical supervision of field based finance staff in respect to financial accounts

Budget Responsibilities: None

Role Dimensions: Save the Children works throughout Ethiopia

KEY AREAS OF ACCOUNTABILITY :

Financial systems and procedures

  • Assist the Head of Finance Controller and Compliance in ensuring smooth implementation and updating of robust and adequate financial systems and procedures in line with SCIs finance Policy and good accounting practices
  • Develop and update the finance diary that covers all the required activities on a monthly basis and lead staff to ensure that the diary is strictly adhered to.
  • Ensure that all financial transactions are fully supported and that they are all captured in AGRESSO on a daily basis; make sure that regular backups are taken and stored off site.
  • Prepare monthly and quarterly financial diaries for both AGRESSO and sub-office finance systems and ensure its strict adherence to the HQ deadlines
  • Maintain and ensure the integrity of the SCI’ computerized accounting systems and liaising with Regional Finance Team for any required support

Financial records and transactions

  • Carry out sensibility and control checking before and after posting sub-office transactions into AGRESSO. The post holder is expected of travelling to review financial records maintained in the field offices in compliance with managing member’s policies and procedures
  • Follow up HQ transactions from London and make sure that all are processed in the time and accurately.

Financial reports

  • Responsible for timely, accurate and efficient financial reporting (both electronic and manual field returns) to Regional office
  • Responsible for ensuring that reconciliation of balance sheet/control accounts are carried out on monthly basis and ensuring that year-end accounting procedure are met consistently and that any discrepancies are reported to the Head of Finance Controller and Compliance .

Financial and system controls

  • Ensure safe security of cash in the office and coordinate monthly Bank and Cash Reconciliations.
  • Ensure that systems are put in place to assure document security for a complete audit trail from the AGRESSO records to supporting documentation and vice versa.
  • Ensure the effective and efficient use of all Save the Children resources in order to keep costs low and ensure the security of staff.
  • Ensure payroll is completed on time and run salary allocation, with robust controls in place.
  • Ensure TIM Vs AGRESSO reconciliations are reconciled monthly as well as mid year and year end count time.
  • AL Reconciliations are reconciled on a monthly basis.

Audit function

  • Lead on annual statutory audits and the financial component of donor audits. Key focus on proactive financial controls, management and supporting documentation in order to ensure 0 disallowances.

Staff Leadership, Mentorship, and Development

  • Ensure appropriate staffing and efficient & effective organization design within the Financial Accounts Function.
  • Ensure that all staff understand and are empowered to perform their role.
  • Manage team; define expectations, provide leadership and technical support as needed, and evaluate direct reports regularly.
  • Recruitment, training, and professional development of team as part of the wider staff development strategy.

Performance Management :

  • Effective use of the Performance Management System including the establishment of clear, measurable objectives; ongoing feedback; periodic reviews; and fair and unbiased evaluations;
  • Coaching, mentoring and other developmental opportunities;
  • Recognition and rewards for outstanding performance;
  • Documentation of performance that is less than satisfactory, with appropriate performance improvements/ work plans

BEHAVIOURS (Values in Practice)

Accountability:

  • holds self accountable for making decisions, managing resources efficiently, achieving and role modelling Save the Children values.
  • holds the team and partners accountable to deliver on their responsibilities - giving them the freedom to deliver in the best way they see fit, providing the necessary development to improve performance and applying appropriate consequences when results are not achieved.

Ambition:

  • sets ambitious and challenging goals for themselves and their team, takes responsibility for their own personal development and encourages their team to do the same.
  • widely shares their personal vision for Save the Children, engages and motivates others.
  • future orientated, thinks strategically and on a global scale.

Collaboration:

  •  builds and maintains effective relationships, with their team, colleagues, Members and external partners and supporters.
  • values diversity, sees it as a source of competitive strength.
  • approachable, good listener, easy to talk to.

Creativity:

  • develops and encourages new and innovative solutions.
  • willing to take disciplined risks.

Integrity:

honest, encourages openness and transparency; demonstrates highest levels of integrity

Job Requirements

QUALIFICATIONS 

  • BA Degree in Finance and Accounting, Business Administration, or other relevant discipline.
  • Chartered Accountant (CPA, ACMA, ACA, ACCA) recommended

EXPERIENCE AND SKILLS

Essential

  • Minimum of 8 years management experience in a corporate or an NGO environment, of which three at a management level within a finance department
  • Good mastery of SCIs current systems- Agresso, TiM, AMS and Effort reporting. Understanding of major SCIs financial processes and proven experience on the same.
  • Strategic mindset with the ability to lead, inspire and achieve results in a challenging context
  • Strong team player
  • Excellent inter-personal skills and able to communicate with diverse set of stakeholders
  • Strong analytical, decision making and strategic planning skills with the ability articulate complex information in an easy to understand manner
  • Solutions focused with ability to identify weaknesses and drive continuous improvement
  • Ability to prioritize, plan ahead, and manage a complex and diverse workload with tight deadlines
  • Ability to coach, mentor, delegate appropriately and provide developmental guidance to supervised staff.
  • Self starter who is willing to go the extra mile to get the job done
  • Excellent understanding of business and financial planning including strategic modelling.
  • Excellent understanding of financial systems, controls and procedures.
  • Excellent understanding of computerized accounts packages, Excel, PowerPoint and Word
  • A full appreciation of the value of co-operation, both internationally and within a team environment.
  • Understanding of Save the Children’s vision and mission and a commitment to its objectives and values.
  • Written and verbal fluency in English

Desirable

  • 5 years within the NGO / charities sector
  • Experience of working in an emergency context.
  • Understanding of major donor compliance regulations (USAID, DFID, ECHO, OFDA, etc)

B Additional job responsibilities

The duties and responsibilities as set out above are not exhaustive and the role holder may be required to carry out additional duties within reasonableness of their level of skills and experience.

Equal Opportunities

The role holder is required to carry out the duties in accordance with the SCI Equal Opportunities and Diversity policies and procedures.

Child Safeguarding:

We need to keep children safe so our selection process, which includes rigorous background checks, reflects our commitment to the protection of children from abuse.

Health and Safety

The role holder is required to carry out the duties in accordance with SCI Health and Safety policies and procedures.

How to Apply

The Organization

We employ approximately 25,000 people across the globe and work on the ground in over 100 countries to help children affected by crises, or those that need better healthcare, education and child protection. We also campaign and advocate at the highest levels to realize the right of children and to ensure their voices are heard. 

We are working towards three breakthroughs in how the world treats children by 2030:

  • No child dies from preventable causes before their 5th birthday
  • All children learn from a quality basic education and that,
  • Violence against children is no longer tolerated

We know that great people make a great organization, and that our employees play a crucial role in helping us achieve our ambitions for children. We value our people and offer a meaningful and rewarding career, along with a collaborative and inclusive environment where ambition, creativity, and integrity are highly valued.

Application Information:

Please attach a copy of your CV and cover letter with your application, and include details of your current remuneration and salary expectations. A copy of the full role profile can be found here

We need to keep children safe so our selection process, which includes rigorous background checks, reflects our commitment to the protection of children from abuse.

All employees are expected to carry out their duties in accordance with our global anti-harassment policy.

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