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Job Description

<h5 style="margin-bottom: 10pt; line-height: 16.72px; font-family: Calibri; font-size: 11pt; letter-spacing: normal;">The&nbsp;incumbent is&nbsp;required&nbsp;to advise on the financial management of all projects of the Ministry and the maintenance of accurate accounting and financial records and reports, in accordance with established guidelines. S/He is responsible for accounting of project expenditures on all projects, including reviewing and analyzing project cost data, assessing cost effectiveness of various aspects of projects, monitoring the progress of projects in relation to expenditure, conducting project feasibility and variance analyses, ensuring that project billings are issued/paid and preparing financial and other statements to account for expenditure.<o:p></o:p></h5>

Key and Critical Responsibilities

1.&nbsp;Liaises with Project Managers (PM) and Principals-in-Charge (PIC), regarding contract documents, change orders and other contract modifications, approvals, and any additional services-related to billing.<o:p></o:p>2.&nbsp;Provides value added financial services, analysis and support to project and programme managers.<o:p></o:p>3.&nbsp;Ensures proper and effective management of Project budgets and optimal cost recovery.<o:p></o:p>4.&nbsp;Performs financial forecasting, reporting, and develops operational (financial and project) metrics to appropriately monitor fiscal and budgetary performance of projects.<o:p></o:p>5.&nbsp;Provides and analyses project financial information, creates financial models and conducts feasibility analyses to guide decision making.<o:p></o:p>6.&nbsp;Supports and trains project managers in tracking their budgets to ensure that there is no overspending, mitigates &nbsp;the burn rate and verifies budget availability for any commitment.<o:p></o:p>7.&nbsp;Manages accounting records and classifications of transaction activity for internal and external (donor requirements) financial reporting.<o:p></o:p>8.&nbsp;Manages records, conduct financial due diligence and conduct evaluations of contractual requirements.<o:p></o:p>9.&nbsp;Coordinates with programme staff as appropriate to ensure that financial information are complete and accurate and provides regular financial analyses and status updates to Project Managers.<o:p></o:p>10.&nbsp;Prepares monthly program financial analysis, including grant expenditures within grant periods and updating monthly actuals on spending plan.<o:p></o:p>11.&nbsp;Reviews and analyses approved budget vs. actual program status reports to ensure the accuracy of data and prevent cost overruns<o:p></o:p>12.&nbsp;Monitors project cost recovery, prepares reports and advises on areas that need addressing.<o:p></o:p>13.&nbsp;Analyses past results, perform<span style="font-family: Calibri; font-size: 15pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">&nbsp;various types of variance analyses, identify trends and provide recommendations for improvements and prevention of cost overruns.<o:p></o:p>14.&nbsp;Contributes to the development and promotion of a strong financial management culture throughout the project environment and the Units operations.<o:p></o:p>Performs other related duties as may be required.

Key Competency

Considerable knowledge of Governmental budgets, accounting statements and financial reports, Generally Accepted Accounting Principles (GAAP), IFRS<o:p></o:p>Considerable knowledge of financial analysis models that are utilised in project management.<o:p></o:p>Considerable knowledge and experience in modern accounting and office procedures.<o:p></o:p>Knowledge of project procurement and the legislation governing procurement in the public service.<o:p></o:p>Knowledge of fund accounting including reporting requirements of major Bi-lateral Aid Agencies.<o:p></o:p>Knowledge of Results Based Management (RBM) principles in Project/ Programme management.Proficient in creating and understanding financial statements and records.<o:p></o:p>Ability to understand and interpret large amounts of financial data for project evaluation and decision making.<o:p></o:p>Ability to understand and analyse complex financial problems and find innovative solutions.<o:p></o:p>Demonstrates sound coordination, administrative, networking and collaborative skills.<o:p></o:p>Analysing project costs and preparing projects estimates.<o:p></o:p>Proficient&nbsp;in&nbsp;the&nbsp;use&nbsp;of&nbsp;Microsoft&nbsp;Office&nbsp;Suite.<o:p></o:p>Skilled&nbsp;in&nbsp;the&nbsp;use&nbsp;of&nbsp;project&nbsp;management&nbsp;software.<o:p></o:p>Skilled&nbsp;in programme/project planning and implementation.<o:p></o:p>Ability to use the internet for research purposes.<o:p></o:p>Ability to use e-Government technology platforms.<o:p></o:p>Ability to multitask in a fast-paced, time-sensitive environment.<o:p></o:p>Ability&nbsp;to&nbsp;conduct&nbsp;research&nbsp;into&nbsp;programme/project&nbsp;related&nbsp;issues.<o:p></o:p>Ability&nbsp;to&nbsp;communicate effectively&nbsp;both&nbsp;orally&nbsp;and&nbsp;in&nbsp;writing.<o:p></o:p>Ability&nbsp;to establish&nbsp;and&nbsp;maintain effective working&nbsp;relationships with project stakeholders,&nbsp;associates,&nbsp;other public&nbsp;service employees and&nbsp;the&nbsp;public.<o:p></o:p>Ability to use tact and diplomacy in the performance of duties.<o:p></o:p>Ability to observe and maintain confidentiality in the performance of duties.<o:p></o:p> <o:p></o:p>

Job Information

Ministry of Digital Transformation

Job Description

Key and Critical Responsibilities

Key Competency

Project Accounting and Finance Specialist

Job Information

Ministry of Digital Transformation

Job Description

Key and Critical Responsibilities

Key Competency

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