Senior Analyst, Finance (multiple locations)

International Federation of Red Cross And Red Crescent Societies

Organizational Context

The International Federation of Red Cross and Red Crescent Societies (IFRC) is the world’s largest humanitarian organization, with a network of 192-member National Societies. The overall aim of the IFRC is “to inspire, encourage, facilitate, and promote at all times all forms of humanitarian activities by National Societies with a view to preventing and alleviating human suffering and thereby contributing to the maintenance and promotion of human dignity and peace in the world.” The IFRC works to meet the needs and improve the lives of vulnerable people before, during and after disasters, health emergencies and other crises.

IFRC is part of the International Red Cross and Red Crescent Movement (Movement), together with its member National Societies and the International Committee of the Red Cross (ICRC). The work of the IFRC is guided by the following fundamental principles: humanity, impartiality, neutrality, independence, voluntary service, unity, and universality.

IFRC is led by its Secretary General, and has its Headquarters in Geneva, Switzerland. The Headquarters are organized into three main Divisions: (i) National Society Development and Operations Coordination; (ii) Global Relations, Humanitarian Diplomacy and Digitalization; and (iii) Management Policy, Strategy and Corporate Services.

IFRC has five regional offices in Africa, Asia Pacific, Middle East and North Africa, Europe, and the Americas. IFRC also has country cluster delegation and country delegations throughout the world. Together, the Geneva Headquarters and the field structure (regional, cluster and country) comprise the IFRC Secretariat.The position is located in the Finance and Administration Unit in Budapest.Reporting to and advising the Regional Head of Finance and Administration on country specific finance issues by providing precise analytical findings on the financial situation and performance of country office against the key performance indicators (KPIs).

Job Purpose

The Senior Finance Analyst supervises the Finance Analysts and is responsible for training and providing advice and support to country finance team in the provision of accounting services, ensuring financial control, financial reporting to relevant in-country managers within a comprehensive management structure.

The Senior Finance Analyst will be under the overall supervision and technical direction of Region Head of Finance and Administration, and therefore accountable for the following with regards to IFRC’s operations in Europe Region:

  • Monthly closing process
  • Control & procedure
  • Report & analysis
  • Training & team management
  • National Society development

Job Duties and Responsibilities

Monthly Closing Process

  • Monitor monthly closing of each country office by reviewing the balance sheets, checking the exception report and validating the financial information.
  • Preparing the cash request analysis, reviewing the projects financial management status report and highlighting issues and follow up.
  • Review and submit accurate and timely cash requests
  • Ensure timely reporting/invoicing and collection of receivables.
  • Screening thru monthly original supporting documents and field returns from country office and feedback if there were any discrepancies or anomalies.
  • Provide continuous guidance, advice and support to in-country finance staff by clearing any doubts they might have on financial processes, systems, procedure and guidelines.

Control & Procedure

  • Involve in validating the accuracy of information on budget & project expenditure approval request (PEAR) before loading into the system, and provide advice to managers on budgetary matters.
  • Monitor financial key performance financial indicators monthly and provide advice and/or instruction to managers as to how to improve.
  • Provide technical advice and ensure all financial systems being utilize by country finance staff is functioning well.
  • Provide finance validation on agreements, contracts, MoU and staff request as per contracting and expenditure authorization procedure.

Report & Analysis

  • Work closely with the Analysts and country finance staff to ensure timely and accurate submission of donor reports.
  • Carry out field missions to country office at least once a year as pre-audit measure to ensure finance functions and controls are in place.
  • Support the implementation of internal and external audit recommendations
  • Briefing/de-briefing in-coming staff.

Training and Team Management

  • Provide/coordinate training on financial management matters for various stakeholders as requested/required.
  • Recruit, train and supervise finance staff to ensure tasks and functions are completed in timely and efficient manner, within acceptable levels of quality and costs.
  • Take a lead role in setting up and supporting the finance function in a new operation and provide stop-gap finance services to large-scale emergencies.
  • Provide technical appraisal and feedback on country finance staff performance.

National Society Development

  • Coordinate the Regional Office member National Societies’ capacity building and development in matters of technical expertise (i.e. accounting, financial reporting and financial management).
  • Organize periodic trainings with Regional Finance staff to update on new NSD initiatives and upcoming finance development activities based on periodic reviews, NS society requests and requests from regional colleagues.
  • Assign NSD activities to Finance colleagues as necessary and mentor and monitor to ensure they are carried through to conclusion.

Funds Transfer and WWPP Regional Finance Coordination

  • Coordinate the Regional Office roll out of the WWPP process ensuring that all Regional Office NS are covered and progress to date is well documented.
  • Organize period trainings with Regional Finance staff to update on new trends, challenges being experienced in the evaluation process and new tolls being rolled out.
  • Assign WWPP activities to Finance colleagues as necessary and mentor and monitor to ensure they are carried through to conclusion.
  • Coordinate in collaboration with procurement, risk management and delegation staff the approval process for the risk analysis and signing of the requisite agreements with the NSs.
  • Coordinate and delegate as necessary the training of NSs both at the inception and roll out stages.

Duties applicable to all staff

  • Actively work towards the achievement of the Federation Secretariat’s goals
  • Abide by and work in accordance with the Red Cross and Red Crescent principles
  • Perform any other work related duties and responsibilities that may be assigned by the line manager

Education

Required

  • Relevant university degree
  • Professional qualification in accounting (CIMA,ACCA, CPA or CA ) or equivalent

Experience

Required

  • Minimum of 5 years work experience in a regional financial role
  • Team management experience of a team with a minimum of 4 direct/or indirect reports
  • Developing budgets, plans and financial analysis
  • Management of an accounting services function
  • Communicating financial results to managers
  • Preparation for, conduct of an/or support to external financial audit

Preferred

  • Experience working with the International Red Cross Red Crescent Movement

Knowledge, Skills and Language

Required

  • Ability to lead and manage in a diverse cultural context
  • Highly organised/time management
  • Effective team management, often from a distance
  • Advanced skills in computer productivity applications (Word, Excel, PowerPoint and Outlook)
  • Advanced knowledge of accounting concepts
  • Advanced knowledge of financial management and reporting applications (e.g. CODA and Business Objects )
  • Understanding of treasury management concepts
  • Financial management skills
  • Ability to effectively provide training on financial management matters
  • Fluently spoken and written English

Preferred

  • Knowledge of International Financial Reporting Standards or equivalent
  • Good command of another IFRC official language (French, Spanish or Arabic) or Russian

Competencies and Values

Values: Respect for diversity; Integrity; Professionalism; Accountability

Core competencies: Communication; Collaboration and teamwork; Judgement and decision making; National society and customer relations; Creativity and innovation; Building trust, Managing performance

How to apply

Interested candidates may apply via the following link by the 17th of September, 2022, 23:59 (CEST)

https://www.ifrc.org/jobs/details.html?jobId=105310&jobTitle=Senior%20Analyst%2C%20Finance%20(multiple%20locations)

Type of contract: Fixed term contract for 12 months

The position can be based in any IFRC Country Office within the area of operations of the Regional Office for Europe, i.e. Tbilisi – Georgia, Bishkek – Kyrgyzstan, Ankara – Turkey, Kyiv – Ukraine, Athens – Greece, Sarajevo – Bosnia and Herzegovina, Moscow – Russia or at the Regional Office for Europe in Budapest, Hungary. This is a national staff position, eligibility to work in any of the above mentioned countries is required.


Job Notifications
Subscribe to receive notifications for the latest job vacancies.