Finance Officer (World Vision)

PURPOSE OF POSITION

The position supports WVV to maintain high standards of financial stewardship and assist the AP or Project Manager in maintaining the books of accounts and other financial records of the AP or Project & adhering to the financial standards of World Vision financial system to ensure accountability of entrusted funding resources of the AP or Project including Sponsorship funding, Private Non-Sponsorship funding and grant funding.

KEY RESPONSIBILITIES

1. Financial Policy Compliance (40%)

Provide administrative financial services to the project to ensure high level of compliance, quality, accuracy and consistency of work in project implementation.
Ensure consistent service delivery by collaborating and working closely with all of the team members of the AP or Project.
Conduct all the day to day operational procedures in planning, implementation, monitoring and evaluation, closure, audit, etc. in timely manner and in line with WV Policy and Procedure as well as Field Financial Manual (FFM).
Provide the AP or Project staff the necessary account analysis codes and assistance to correctly filled in and prepare cash advance, EER, payment request.
Ensure adequacy and correctness of the supporting documents for payments and/or voucher preparation (using Voucher Interface) to ensure consistency with WV’s Policy and donor requirements.
Monitor the financial transactions regularly to maintain project financial account in place and in order.
Deliver the quality and accuracy of the goods and services to the beneficiaries is verified by conducting random visit to the project sites.
Upgrade knowledge and skills of the staff and partner on relevant WV accounting policies and procedures.
Provide assistance to other projects and APs when necessary and required by participation in cross-review; assisting cross-audit and assisting in training the new project finance staff (Bookkeeper or FO).

2. Budget Management and Financial Reports (40%)

Assist the AP or Project Manager in planning and developing project budget in line with the AP’s Plan of Action and log frame.
Complete the monthly financial report as per schedule including:
- Prepare VI data with quality
- Prepare bank reconciliation with sufficient supporting document
- Extract project’s core combined logframe report from Sun system
- Timely prepare the financial reports cover memo with variance explanations (quarterly)
- the asset register
- Check and verify the SunSystem generated financial reports for any non-project related expenses, discrepancies and irregularities from the project finance manual.
- The Manager on the project spending status and pattern to avoid risks of ineffectiveness and material overspending or under-spending of the project budget.

3. Data analysis and additional funding acquisition (10%)

Perform financial data analysis and provide financial forecast to assist AP/Project Manager in making data-driven decisions and financial risk management. Support in acquiring additional funding for AP through developing quality proposal budget for new project.

4. System, financial administration and others (10%)

Establish and maintain a systematic filing system of key documents (in hard copy and soft copy) and in line with audit requirements.
Maintain all financial and other records required for audit purposes, and provide assistance in regular auditing of the AP or Project
Take responsibility for personal security, accurately identify and assess the dangers and respond in the most appropriate way; take all good faith efforts to keep other WVV staff and property secure with guidance and instruction as being trained by WVV

KNOWLEDGE/QUALIFICATIONS FOR THE ROLE

Bachelor’s Degree in Finance/Accounting
Good knowledge of accounting theory, financial statements and government tax requirements
Good interpersonal and communications skills
Good computer skills. Must be computer literate in Microsoft Office software, especially MS Excel
In-depth working knowledge of Generally Accepted Accounting Principles (GAAP) and the WVI Field Financial Manual
Knowledge of WV operations and programming requirements
Good interpersonal and communications skills
Willingness to support, articulate and demonstrate World Vision’s core in meaningful ways to colleagues, partners, donors, children and communities
Minimum 3 years’ experience in finance and accounting, preferably with international humanitarian organizations
Experience in community development or with NGO.
Experience in capacity building for local stakeholders/partners.
Experience in accounting and finance.