Job Summary

Strengthening the finance team in terms of Budgeting, Planning and analysis on financial information.

Key Duties:

• Lead development of planning and Budgeting tools for BRAC Liberia Microfinance Company Limited including the budget manual and templates and tools for work plans/ activities.
• Work with programs/departments (Microfinance unit and supporting departments) and head office in developing budgets, financial forecast and reconciliation of budgets with operational and organization Annual Strategic Plan (ASP).
• Prepare Budget variance analysis (BVA) reports and track utilization monthly, quarterly, semiannual and annually. This involves financial forecasting review on performance and institutional financial positioning for Head of Finance, Country Management, Board and other stakeholders’ consumption.
• Perform analytical procedures and impact assessment on overall financial position and performance resulting from government taxes/ levies, license fees from regulatory environment, statutory deductions or levies and other compliance requirements; factor them in budgeting, planning, analysis and in reporting templates including the MIS (Management Information Systems) for various stakeholders.
• Ensure compliance with current budget and spending policies and propose improved policies (where necessary) and systems regarding spending guidelines, cost savings, cost allocation, and annual planning relevant for Microfinance business.
• Work with the entire finance team to streamline internal financial planning and reporting processes to deliver more efficient, more effective, and more useful reports and analysis in terms of cash flow forecasts, treasury management, investment appraisals, performance and financial positions reports.
• Work closely with BRAC International head office and design capacity building programs in the country including risk management aspects, planning, budgeting and reporting.
• Identify the key business drivers of results, assigning the proper economic cost to capital investment or financing costs, participating in investment decisions and financial statement analysis.
• Perform other related duties are guided by the supervisor.