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Senior Finance Officer

Oxfam Great Britain

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Finance

Accounting

Addis Ababa

5 years

Position

2021-05-27

to

2021-06-06

Required Skills
Required skills have not yet been specified for this position this job
Fields of study
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Full Time

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Job Description

About us

Oxfam is a global community who believe poverty isn’t inevitable. It’s an injustice that can be overcome. We are shop volunteers, women’s right activists, marathon runners, aid workers, coffee farmers, street fundraisers, goat herders, policy experts, campaigners, water engineers and more. And we won’t stop until everyone can live life without poverty for good. Oxfam GB is a member of international confederation of 19 organizations working together with partners and local communities in the areas of humanitarian, development and campaigning, in more than 90 countries. 

Our values and commitment to safeguarding

Oxfam is committed to preventing any type of unwanted behavior at work including sexual harassment, exploitation and abuse, lack of integrity and financial misconduct; and committed to promoting the welfare of children, young people, adults and beneficiaries with whom Oxfam GB engages. Oxfam expects all staff and volunteers to share this commitment through our code of conduct. We place a high priority on ensuring that only those who share and demonstrate our values are recruited to work for us.

The post holder will undertake the appropriate level of training and is responsible for ensuring that they understand and work within the safeguarding policies of the organization.

All offers of employment will be subject to satisfactory references and appropriate screening checks, which can include criminal records and terrorism finance checks. Oxfam GB also participates in the Inter-Agency Misconduct Disclosure Scheme.  In line with this Scheme, we will request information from job applicants’ previous employers about any findings of sexual exploitation, sexual abuse and/or sexual harassment during employment, or incidents under investigation when the applicant left employment. By submitting an application, the job applicant confirms his/her understanding of these recruitment procedures.

We are committed to ensuring diversity and gender equality within our organization and encourage applicants from diverse backgrounds to apply.

Our team

The Finance team has the overall responsibility of all aspects of financial management in Oxfam. This includes maintenance of effective controls and compliance in accordance with organizational policies and regulatory requirements. It also includes responsibility for budgeting and forecasting, the monthly internal reporting cycle, partner grant financial management, donor reporting and compliance, and the annual accounts and audit process in Ethiopia. Job purpose

The Senior Finance Officer will be the lead on ensuring that the donors and government financial reports are submitted on time and with the needed quality. This role will support the Oxfam finance team by being responsible for day-to-day operations related to donor financial issues. This includes working closely with program and funding teams to ensure producing of realistic and correct donor budgets as part of the proposals submission process, placing finance related information on Oxfam program management and accounting (OPAL and PeopleSoft) online systems, providing all parties with effective (donor) budget variance reports, and ensuring the global budget is updated with new funding or changes provided by budget holders .The Sr. Finance Officer ensures that partner Financial reports were obtained from partners in a timely manner and reviewed for timely submission to Donors. This role will support the Oxfam finance team by being responsible for day-to-day operations related to Partners’ financial issues. This includes working closely with Partners in order to ensure compliance of partners to donors’ requirements, placing finance related information on Oxfam program management and accounting (OPAL and PeopleSoft) online systems, identification of capacity gaps & undertaking capacity building exercise, financial monitoring as well as track Partners compliance requirement.

Core details

Location: Addis Ababa with frequent travel to the Tigray field offices.

Salary: As per the Oxfam benefit package

Internal Grade: D1, National

Job Family: Finance

Contract type: Fixed-Term contract for one year 

Hours of work: 37.5 hours per week. This is a full-time role; however, Oxfam offers various flexible arrangements which candidates can discuss with the Recruiting Manager at the interview stage

This role reports to: Country Finance and System Manager

Staff reporting to this post:

None The annual budget  for the post:

N/A Key relationships/interactions:

Program team, finance team, logistics, and partners

Screening checks:

All successful candidates will be screened through Refinitiv World-Check One to comply with counter-terrorism and financial sanctions regulations.

References:

Should you be successful and not already employed by Oxfam GB, we will require minimum of two references covering five years of employment history.

DBS checks (for roles based in the UK):

It is a requirement in the UK for a new DBS check at enhanced level for every new member of staff who works directly with or has regular contact with, children or vulnerable adults in the UK (consistent with DBS guidance and relevant law).

N/A

Key responsibilities

Finance Operations

  • Making sure the partners use the updated budget for reporting
  • Checking BVA reports for partners and notifies program managers and Country Finance and Systems Manager
  • Making sure donor financial reports are prepared timely
  • Creating folder /both in soft and hard copy for the new contract (Original)
  • Updating the tracking sheet for the partner and making sure the contract is Opalized (internal system)
  • Assist Finance team in reviewing and revising /developing donor financial policies and procedures
  • Assist Country Finance and Systems Manager in donor financial statement preparation and audit facilitation
  • Perform such other duties as assigned by Country Finance and Systems Manager
  • Facilitate cash transfer and Top-up request of Tigray Humanitarian response activities
  • Ensure Tigray response activities obtain sufficient finance operation support, link the requested support with Country Finance and Systems manager and, finance coordinator

 Partner Finance Management  

  • Working on actual document verification on eligibility of partner expenditure before posting on system
  • Review expenditures made by the implementing partner and assess whether they are in accordance with the requirements reflected in the partnership agreement, donor agreement etc. 
  • Review the process for procurement/contracting activities and assess for being transparent and competitive.
  • Review the records of requests for direct payments and ensure that all are signed by authorized assigned authorized staffs.
  • Review the subsequent clearance of accruals
  • Review the clearance of legal tax requirement settlements
  • Review bank and cash account reconciliations.
  • Review on the closure of transaction (i.e project hand over, distribution list, construction hand over etc)
  • Making sure all financial report documents are stamped, scanned, and uploaded on system
  • Participate on partners’ capacity assessment with Programs, Logistic, and HR before signing partnership agreement
  • Coordinate closely with the accounts staff of the Donor/program finance staff/ Country Finance and Systems Manager /Finance Coordinator to ensure the finance issues of the program run smoothly and effectively.
  • Passing partner expenditure Journal and any adjustments as required
  • Liaison with partner on transfer request and coordinator transfer request with Finance Coordinator for timely submission to HQ  
  • Manage Partner budgets, reporting & compliance including projects audits
  • Be responsible for checking payments to Partners, respecting the agreed procedures and Oxfam requirements.
  • Set up systems and processes to build the capacity of partners’ finance staff.
  • Carry out independent project internal audit annually, evaluate internal control systems, and report any deviations to Country Finance and Systems Manager.
  • Provide support to program in payments, monitoring, and review OPAL budgets including partner and grants agreement letters.
  • Check Partners’ reports in cooperation with Country Finance and Systems Manager and communicate to Grants Accountant to prepare the Donor Reports.
  • Participate in partner capacity assessment mission, provide capacity-building training to partners as required.
  • Training and develop partner capacity to ensure they understand donor and Oxfam financial management requirements.

Donor Proposals, Reports, Audits and Budgets

  • Assists program managers and officers to prepare project budgets and proposals
  • Provides advice to program teams on donor regulation and proper donor budget format
  • Provides coaching and training on donor funding requirements as needed
  • Prepares monthly budget variance report in donor format and currency and discusses the same with budget holders to take corrective action if needed
  • During the Monthly Finance Report (MFR) meeting discusses with project managers reasons for budget variances and implements actions to correct them
  • Prepares MFR meetings and minutes and follow up progress on action points
  • In consultation with the Finance Manager and program staff, reviews partners financial reports
  • Coordinates with country office funding team and closely monitors CRIMSON ledger
  • Prepares donor financial reports for review by management and submission to the donors
  • Contributes to ensures all financial reports being submitted are timely, complete and accurate
  • Provides information to funding team on financial transactions and other queries
  • Provides input and analysis required by program managers and officers to monitor and report on financial activities of their projects
  • In consultation with OPAL Administrator, monitor the debtors account to ensure all outstanding donor and other income is received and recorded appropriately
  • Assists the Program team in contracts reconciliation and closure of the same
  • Reconciles monthly project accounts and ensures appropriate action is taken by respective staff
  • Liaises with logistics, human resources and finance to ensure donor compliance
  • Builds capacity and advises program officers and managers on financial compliance requirements
  • Files all grant agreements, reports, and correspondence for the project/contract through OPAL and CRIMSON ledger as well as in hard copy
  • Facilitates all Donor audits and follows through on effective and timely resolution of matters arising
  • Ensures auditors get all financial information they need

 Restricted fund and contract management

  • Co-ordinate the restricted funding contracts in place and update the funding schedules for all known contracts
  • Work with the program teams to keep the funding schedules up to date
  • Provide an overview to Oxfam of contracts secured, matched funding needs and funding gaps to inform fundraising efforts
  • Be central in assisting in the preparation of financial budgets and reports for institutional donors
  • Work with program teams to ensure that all contracts are monitored both in financial and non-financial terms on a regular basis and any implications arising are resolved
  • Manage the compliance of contracts for Oxfam to ensure that all the financial and reporting obligations are met and adhered to

Oxfam general:

  • Ensure implementation of Oxfam GB’s operational policies, procedures, and guidelines, especially gender equity, in all aspects of Oxfam’s work. With support from technical advisors and program service staff as needed.
  • Act as Oxfam’s representative at the local and national level with local authorities, partners etc. as required, mainly in events relating to accounting/finance.
  • Be a member of Oxfam’s team, participating in appropriate staff meetings, planning sessions and on-going liaising as needed.
  •  Making sure the partners use the updated budget for reporting
  • Checking BVA reports for partners and notifies program managers and Country Finance and Systems Manager
  • Making sure donor financial reports are prepared timely
  • Creating folder /both in soft and hard copy for a new contract (Original)
  • Updating the tracking sheet for a partner and making sure the contract is Opalized (internal system)
  • Assist Finance team in reviewing and revising /developing donor financial policies and procedures
  • Assist Country Finance and Systems Manager in donor financial statement preparation and audit facilitation
  • Perform such other duties as assigned by Country Finance and Systems Manager
  • Facilitate cash transfer and Top-up request of Tigray Humanitarian response activities
  • Ensure Tigray response activities obtain sufficient finance operation support, link the requested support with Country Finance and Systems manager and, finance coordinator

Job Requirements

Essential - Experience, Knowledge, Qualifications & Competencies

BA Degree from a recognized university/college in Accounting, Finance, or any other related areas that can bring added value to the job.

  • Minimum of 5+ years of relevant experience in Finance, project financial management / Partner management or a Joint ventured company, preferably in an international NGO and out of which 2 years should be supervisory/managerial experience.
  • Experience in giving training in accounting for non-accounting people, and in building financial procedures preferred.
  • Have integrity and be committed to serving the needs of the poor in Ethiopia through completely transparent accounting procedures and bookkeeping training of local project partners from the rural areas.
  • Good command of computer software packages e.g. WinWord and Excel. Eager to learn new software packages to adapt to real project finance management needs.
  • Results-oriented with accuracy and strong attention to detail
  • Strong interpersonal skills, sensitivity to cultural differences, and ability to work in a wide variety of cultural contexts
  • Strong organizational and personal management skills, with the ability to prioritize work issues to meet deadlines with minimal supervision and adjust to constantly changing situations while maintaining focus on delivery and follow-through
  • Ability to work effectively in a fast-paced environment and under pressure
  • Ability to adjust to constantly changing situations while maintaining focus on delivery and follow-through
  • Good personal communication skills, in written and verbal English and Amharic, with influencing and persuasive skills. Able to use different approaches to achieve followership
  • Commitment to Oxfam’s equal opportunity and gender policies. Demonstrated experience of integrating gender and diversity issues into finance. 
  • Willingness to travel and work in the rural areas where the project’s main activities are located including medium/high-risk areas
  • Ability to work independently, as well as in a team.

Desired

  • Complete Professional Qualification in ACCA, CIMA.
  • Knowledge of various accounting software with special emphasis on Oxfam financial management system

 Oxfam behavior competencies:

  • Organization to work effectively
  • Influencing others
  • Supporting others
  • Communications
  • Critical information gathering
  • Analytical thinking

Your commitment to Oxfam

  • Required to adhere to Oxfam’s principles and values as well as the promotion of gender justice and women's rights
  • Understanding of and commitment to adhere to equity, diversity, gender, child safety and staff health and wellbeing principles

Key Attributes:

  • Ability to demonstrate sensitivity to cultural differences and gender issues, as well as the commitment to equal opportunities.
  • Ability to demonstrate an openness and willingness to learn about the application of gender/gender mainstreaming, women’s rights, and diversity for all aspects of development work.
  • Commitment to Oxfam’s safeguarding policies to ensure all people who come into contact with Oxfam are as safe as possible.

Organizational Values:

  • Accountability – Our purpose-driven, results-focused approach means we take responsibility for our actions and hold ourselves accountable. We believe that others should also be held accountable for their actions.
  • Empowerment – Our approach means that everyone involved with Oxfam, from our staff and supporters to people living in poverty, should feel they can make change happen.
  • Inclusiveness – We are open to everyone and embrace diversity. We believe everyone has a contribution to make, regardless of visible and invisible differences.

Note to candidates: Shortlisted candidates will be assessed on our organizational values and attributes at the interview stage. The successful candidate(s) will be expected to adhere to our code of conduct. We encourage candidates to read and understand our code of conduct here.

How to Apply

As part of your online application, please upload your up-to-date CV and a covering letter explaining your suitability against the essential criteria in the job profile through www.ethiojobs.net or using Oxfam's internal /External application portal on or before 06th June 2021.

Your application will be shortlisted based on your CV and your responses to the above questions. You need not comment on your suitability against the essential criteria in the job profile. Only shortlisted candidates will be contacted. Due to the urgency of the post, this advert will close before the deadline if a suitable candidate is identified

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