The BRCiS Consortium, IRC, NRC and partners are seeking a highly skilled and experienced Finance Manager to oversee the financial aspects of a critical project focused on resilience and food security in urban settlements in Somalia. This position will play a pivotal role in a graduation pathway out of poverty for internally displaced persons (IDP) and host communities. The Finance Manager will be responsible for ensuring strict financial compliance, effective coordination with consortium members, and adherence to donor systems while promoting value for money and cost-effectiveness.
Key Responsibilities
Financial Management and Oversight:
• Develop and implement robust financial strategies aligned with the project’s goals.
• Manage financial operations, including budgeting, forecasting, and cash flow management.
• Monitor risks and effectiveness of mitigation strategies in relation to financial management and compliance.
Coordination with Consortium Members:
• Actively engage and coordinate with members of the BRCiS Consortium to ensure financial alignment and transparency.
• Strengthen consortium members and partners capacity in relation to BHA compliance rules and regulations, as well as as financial planning and monitoring
• Foster a collaborative environment for effective decision-making and resource allocation.
Reporting, Compliance, and Accountability:
• Ensure compliance with donor (BHA) financial regulations and reporting requirements.
• Prepare accurate financial reports and analysis for internal and external stakeholders.
• Implement and maintain internal controls to safeguard financial assets.
• Contribute to risk analysis and monitoring
• Engage in donor communication in relation to financial and compliance risks management.
Adaptive Management:
• Continuously assess financial performance and adapt strategies to meet evolving project needs and challenges.
• Implement innovative financial management practices to enhance efficiency and effectiveness.
Value for Money and Cost-Effectiveness:
• Promote cost-effective approaches in project implementation to maximize value for money.
• Regularly evaluate expenditure, ensuring alignment with project objectives and budget.
Team Leadership and Capacity Building:
• Lead and develop a finance team, building their capacity in financial management and compliance.
• Provide guidance and training to consortium members on financial practices and donor regulations.
Qualifications:
• Bachelor’s degree in Finance, Accounting, or related field; Master’s degree preferred.
• Minimum of 7 years of experience in financial management, preferably in international development or humanitarian contexts.
• Proven experience in managing donor-funded projects, with familiarity with BHA regulations being highly advantageous.
• Strong understanding of financial compliance, reporting, and budgeting.
• Excellent coordination and communication skills, with experience in working within consortia.
• Ability to adapt to changing environments and manage complex project components.
• Fluency in English; knowledge of local languages is a plus.
This job description provides a framework for the key components of the Finance Manager role but is not exhaustive. Responsibilities and expectations may evolve to align with the project’s needs and objectives.
