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Country Finance Manager (CFM)

Posted in

SNV Netherlands Development Organization

Job Type

Full Time

Location

Zimbabwe

Description :

Country Finance Manager (CFM): SNV
Deadline: 13 December 2019

Company description
SNV is a not-for-profit international development organization that applies practical know-how to make a lasting difference in the lives of people living in poverty. We use our extensive and long-term in-country presence to apply and adapt our top-notch expertise in agriculture, energy and WASH to local contexts. SNV has an annual turnover of €130 million, over 1,250 staff in more than 25 countries in Asia, Africa and Latin America. We are proud to be a not-for-profit organization that uses project financing to implement our mission. This requires us to work efficiently and to invest in operational excellence.

In its new Strategic Plan period (2019 – 2022), SNV will more explicitly aim for systems change during project preparation and implementation – by strengthening institutions and kick-starting markets that help many more to escape poverty beyond our projects. We will continue to position ourselves as a premium organization, with decentralized management.

Job Description

Introduction

SNV Zimbabwe, is recruiting for the position of Country Finance Manager. The Country Finance Manager (CFM) will ensure that all financial data and reporting are within the corporate financial guidelines and directions, donor requirements, accounting and reporting regulations aimed at timely, complete and up to date insight in the (financial) performance of the country and projects.

Responsibilities;

The CFM will have the following responsibilities:

Finance Strategy for Country

Developing, seeking approval and implementing the Finance strategy for the country, taking into account country interests, relevant regulation, corporate standards and guidelines and donor regulations.
Contributing to development of the country strategy, management agreement and projects.
Critiquing and contributing to development of global financial procedures and guidelines.

Management of Country Finance function:

Organizing the Finance function in the country and managing the employees, activities and all aspects within the team, in accordance with the approved plan, budget and relevant procedures, in order to realize the department’s objectives.
Monitoring internal and donor requirements and overseeing the development and implementation of updated work methods and procedures.
Participating in relevant (corporate) projects

Management Information:

Developing and providing financial Management Information statements and financial reports and analyses to relevant internal and external parties.
Responding to requests regarding financial administration and data, in accordance with corporate procedures.

Advice:

Acting as source of expertise and business partner for management and Project Managers on issues concerning Financial Management, performance indicators and related legal issues.
As Financial Lead in, and in collaboration with the country proposal team, developing, reviewing and refining budgets within the approved threshold, in line with and compliant with corporate guidelines.
Ensuring timely and proper project administration by Project Manager(s) and Project Administrator(s) and supporting Project Manager(s) in the set-up of project governance, administration and finance procedures, guided by the contract signed with the donor and compliant with SNV PM and Finance policies and guidelines, SNV corporate governance table and donor procedures.

Management and donor reporting:

Presenting monthly the financial consolidated reports to Country Management. Signaling and advising Country Director on issues regarding the financial status of projects and participating in the discussion with responsible project managers if project profitability gives reason to.
Reporting regularly on the overall country financial situation, using the corporate reporting formats and within the guidelines of the Global Support Unit Finance for management discussion.
Analyzing and interpreting financial performance, country/project trends, time registration versus planning and financial status of projects.
Supporting and giving guidance to project managers and project administrators in providing accurate and timely financial data to SNV donors according to donor requirements.
In collaboration with Project Manager and Project Administrator, ensuring proper financial and administrative closing of projects in line with donor and SNV guidelines.

Internal Control:

Conducting internal compliance and control assessments, identifying and addressing risk areas, implementing measures to minimize the risk of irregularities and coordinating audits, based on corporate compliance and audit procedures and in consultation with Relevant Finance Controller(s), Country Management Team (CMT) and Project Managers.

Financial Planning and Control:

Leading the development, consolidation, forecasting and periodical review of the country and project budgets and funds.
Supporting budget holders in, and ensuring compliance with internal- and external procedures and regulations and SNV and donor guidelines regarding the financial administration of country operations and projects.
Contributing to ongoing efficiency improvement.
Ensuring control, monitoring and execution of all financial related activities in the country, including logistics, purchasing and ICT.

Financial Accounting & Administration:

Execute all necessary financial accounting activities and checks, assuring complete and correct allocation of costs and time, and ensure that internal and external financial reporting complies with the relevant financial standards and regulations.
Ensure processing of accounts payable and receivable
Ensure adherence to tax related requirements and compliance with local (tax) regulations, including corporate income tax, VAT, Sales Tax, Personal Income Tax if and where applicable.
Review receivables for doubtful debts and set up appropriate provisions.
Carry out reconciliation of administrations, manage the ledger accounts and manage the cash and liquidity levels.
Carry out credit management of all donor receivables and ensure that credit due to SNV is pre-financed and invoices issued to donors are settled on time and in full.
Ensure compliance of LCB financial transactions with ICF and all payments are substantiated with invoices, purchase orders and satisfactory evidence of work completion.
Ensure proper registration, documentation and archiving of relevant financial documents.

Complexity

The role gives input to the development of the Corporate Finance strategy, translates the Finance strategy and principles to own country to more detailed approach, identifies and acts on bottlenecks.
As a member of the Country Management Team (CMT) you will contribute to the development of the strategy of the country, understands impact of strategy changes on Finance strategy, acts as financial sparring partner in MT, and advises CMT on financial matters.
The role provides financial and administrative reports to CMT.
The role sets and ensures implementation of procedures, guidelines and work instructions for financial administration of offices and carries out, optimizes and oversees the financial accounting within the country.

Qualifications

Requirements

Academic qualification- MBA or MSc. or Bachelor degree in Finance and/or professional Accounting qualification
A well-seasoned level of financial professional is being sort after, with strong experience in Finance and full understanding of the core finance and business processes.
Ability to acts as discussion partner on country level for financial matters.
Conceptual working and thinking level with several years of experience in finance or higher vocational working & thinking level with many years of experience in finance;
Practical & applied knowledge level;

Core Competencies

Ability to adequately identify risks and opportunities
Ability to forecast by bringing realistic financial data together
Demonstrate accuracy in financial analysis
Reliability – In meeting deadlines
Team work – Ability work top-down as well as horizontally
Communications – Ability to articulate finance to non-financial people and manage flow of communication
Pro-active -General pro-activeness and adaptability to change

Additional Information

Desired start date: as soon as possible.

Duration of contract:
1 year.

 

How to apply

How to apply

Interested applicants are invited to apply for the post by clicking the tab “AM INTERESTED” and submitting a CV with names and contacts of three referees and cover letter by 13 December 2019.

NB:

Only shortlisted will be contacted.
We do not appreciate third-party mediation based on this advertisement.
SNV is an equal opportunities employer and women are explicitly encouraged to apply

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