Summary
Date Posted: Monday, August 01, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Financial Compliance Specialist
Level:3.II
Duties And Responsibilities
Under the supervision of the Director of Finance and Administration (DAF/SPIU), the Financial Compliance and Capacity Building Specialist will perform the following key functions:
• Develop a comprehensive plan of providing support and oversee implementation of financing agreement
• Preparation of internal and external audit and support for implementation of audits recommendations
• Review and provide feedback to financial statements
• Carry out capacity Needs Assessment for financial staff in the course and coordinate the preparation of the capacity building plans across all the project components following the revealed needs;
• Train accountants and finance staff in the course of the project
• Ensure Public Finance Management compliance regarding funds transferred to implementers
• Ensure that financial transactions are, in all cases, recorded in project accounts accurately and on a timely basis and in accordance with GoR and WB requirements and agreed financial policies and procedures for the project;
• Ensure that the project expenditures on contract payments are made in accordance with the terms and conditions of the respective contracts and are adequately certified by duly authorized officials in relation to works completed and/or goods or services provided;
• Ensure that adequate internal controls are established and maintained in terms of separation of responsibilities for processing and authorizing payments and in the management and accounting for project income and assets;
• Responsible for compliance with GoR and WB project accounting requirements and internal audits and that all necessary information are provided for annual external audits.
• Ensure that all financial records are retained for audit purposes and for review by WB and government;
• Ensure that the Designated Accounts established for the project are administered in accordance with GoR and WB requirements;

Minimum Qualifications
• Master's in Finance
3 Years of relevant experience
• Bachelor's Degree in Accounting
5 Years of relevant experience
• Master's Degree in Accounting
3 Years of relevant experience
• Bachelor's Degree in Finance
5 Years of relevant experience

Competency and Key Technical Skills
• Integrity
• Strong critical thinking skills and excellent problem solving skills.
• Inclusiveness
• Accountability
• Communication
• Teamwork
• Client/citizen focus
• Professionalism
• Commitment to continuous learning
• Knowledge in Public Finance and Budgeting Policy and Procedures
• Leadership and management skills
• Experience with donor funded projects and prior implementation of donor’s safeguards policies, including on World Bank/ADB/AIIB financed operations, is an advantage.
• Knowledge in financial management systems and public finance management
• Analytical and problem solving skills
• Strong IT skills, particularly in Financia software (SMART IFMIS)
• Fluent in Kinyarwanda, English and/ or French; knowledge of all is an advantage
• Detailed knowledge of systems of internal control, carrying out risk assessments and developing fiduciary risk mitigation measures
• Communication and presentation skills, excellent problem solving skills and clear logical thinking

Work Hours: 8

Experience in Months: 36

Level of Education: Bachelor Degree

Job application procedure
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