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Budget & Grant Finance Manager

The Hunger Project Ethiopia (THP)

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Finance

Accounting

Addis Ababa

5 years

1 Position

2023-12-07

to

2023-12-25

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

Accounting

Accounting & Finance

Full Time

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Job Description

The Hunger Project (THP) is a global, non-profit, strategic organization committed to the sustainable end of world hunger. THP believes in a world where every woman, man and child can lead a healthy, fulfilling life of self-reliance and dignity; and works towards that goal by pioneering sustainable strategies for gender-focused and Integrated Community Led Development, which is the process of working together to create and achieve locally owned visions and goals. THP-E is implementing projects in rural areas of Ethiopia since 2004 and currently recruiting full time staff for the position:

Position Summary

The Budget and Grant Finance Manager is responsible for overseeing all financial activities, in accordance with funder requirements, local government regulations and THP policies and procedures. The Budget & Grant Finance Manager provides financial and technical management for overall country budgets, grant budgets, expense monitoring and timely preparation and submission of financial reports. and manages and tracks budgets, forecasting, and supporting grant management efforts.

The position reports to the Country Leader in Ethiopia and is ultimately accountable to the Global Chief Finance Officer (CFO). The Budget and Grant Finance Manager works in close collaboration with the Accounting, Administration & HR Manager in Ethiopia, and globally with the Director, Global Accounting and Finance, the Backbone Global Finance - Grants, Contracts, Systems & Reporting, and the Regional Financial Coach, and the Senior Director, Global Operations & Human Resources. The role regularly interfaces with the finance team in the Partner Countries when funding programs in the country, and the Global Grants and Compliance (GGC), more generally.

Essential Functions

Grant/Project Audits and Grant Financial Reporting:

  • Coordinate and facilitate internal and external project/grant audits, ensuring accurate and timely preparation and submission of financial reports to funders, in coordination with the Manager – Accounting & Administration.

  • Partner with the Manager-Accounting to Maintain a comprehensive understanding of financial transactions, records, and systems to support audit requirements as it relates to grants/projects.

  • Collaborate with auditors, as well as, the National Advisory Committee (NAC) to address inquiries, provide necessary documentation, and implement audit recommendations related to grants/audits.

  • Review and maintain a local Finance Manual ensuring its adequacy with THP minimum standards, adherence to established accounting principles, and donor specific requirements.

  • Assess and monitor risks for grants/projects.

  • Establish and maintain financial systems and internal controls to safeguard assets and ensure compliance with funder requirements.

Budgeting and financial planning

  • Lead the development, implementation, and monitoring of annual budgets in collaboration with the Accounting, Administration and HR Manager and Country Leader.

  • Analyze financial data and trends to provide insights for informed decision-making and budget adjustments.

  • Identify areas for cost optimization and revenue enhancement while maintaining operational efficiency.

  • Prepare and present regular budget variance reports and financial performance updates to senior management, as well as the National Advisory Committee.

Grant Management:

  • Collaborate with program managers to oversee financial aspects of grant applications, awards, and reporting.

  • Ensure proper allocation and utilization of grant funds according to donor restrictions and guidelines.

  • Prepare and submit timely and accurate financial reports to grantors, demonstrating accountability and transparency.

  • Ensure compliance with organizational and grantor policies.

  • Support development and review of (sub)grant budgets; provide training and support to partner implementation organizations as needed.

Other responsibilities

  • Contribute to the improvement or implementation of management information systems (implementation of Sage Intacct).

  • Participate in a collegial office environment including helping with office-wide initiatives outside of your own job area.

  • Represent THP-E at external events and meetings assigned by CM.

  • Perform all other duties assigned by supervisor or manager.

  • Effectively communicate financial information and insights to non-financial stakeholders with the organization regularly to assist them in understanding their burn rate.

  • Any other assigned responsibilities.

Term of Employment: One year, with a possibility of extension

Duty Station: Addis Ababa

Required Number: One

Salary & Benefits: Competitive

Application Deadline: December 25, 2023        

Job Requirements

Education (Minimum Needed and Type of Degree Needed):

  • Minimum Required: bachelor’s degree in Finance, Accounting or related field.

  • Preferred: Master’s degree or MBA preferred; Professional certification such as CPA (Certified Public Accountant) or equivalent is highly desirable.

Work Experience (Minimum needed)

  • Minimum Required: 5 years of proven experience in grants financial management, budgeting, audit, and compliance, including experience in managing donor-funded grants, subcontracts/ grants, and good understanding of international government donor rules, preferably in a nonprofit or international organization context.

  • Preferred: Non-profit setting with remote team structure, and experience in a fast-paced environment with a small team.

Specialized Knowledge Needed for Job Performance

  • Proficiency with Spreadsheets, and advanced knowledge of Excel is required.

  • Proficiency in financial software and tools, including ERP systems and Microsoft Office Suite.

  • High level of knowledge with Google Suite and tools.

  • Strong knowledge of local financial regulations, tax laws, and reporting requirements.

  • Strong leadership qualities and the ability to mentor and manage finance team members.

  • Experience in risk management and implementation of internal controls.

  • Possess an understanding of relevant legislation pertaining to NGOs.

  • Accounting and audit practices related to donor funded projects.

Skills

  • Sound judgment, able to troubleshoot problems, come up with creative solutions, while also identifying issues which need to be escalated.

  • Excellent analytical, problem-solving, and decision-making skills.

  • Project management skills, ability to prioritize.

  • Superior organization skills and high-level of accuracy, rigor, and attention to detail.

  • Strong teamwork and collaboration skills; ability to work with colleagues and partners nationally and internationally.

  • Ability to adapt and work in a very flexible, fluid, and evolving environment.

  • Resourceful self-starter with ability to independently multitask and prioritize.

Other (Communication Skills, Aptitudes, or Other Specific Skills or Abilities Required):

  • Fluency in both written and spoken [Local Language] and English.

  • Excellent personal integrity and confidentiality.

  • Ability to work in a varying schedule including nights, early mornings, and weekends if necessitated by situations like deadlines and field work.

  • Ability to travel domestically as necessary.

  • Commitment to THP’s values, including an understanding of and compatibility with our principles and philosophy. The successful candidate will be working with a team who loves what they are doing and feels it is a privilege to be working in service of this mission.

How to Apply

To apply, send non-returnable copy of CV with a letter of motivation, indicating the position you want to apply, to the postal address: “The Hunger Project Ethiopia, P.O.Box 27397/1000, Addis Ababa” or via email: thp.ethiopia@thp.org

Only shortlisted applicants will be contacted for interview. If you need further information, please call 0111267950/267151.

Women are encouraged to apply.

Fields Of Study

Accounting

Accounting & Finance

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