Project Finance Director

Profile

Project Finance Director
Classified title: Project Finance Director
Role/Level/Range
: ATP-04-PF
Starting Salary Range: Commensurate With Experience
Employee group: Full time
Employee subgroup (FLSA Status): Exempt
Schedule (hours/days): 8:30 am to 5:00 pm
Personnel area (School): Academic and Business Centers
Position Type: New
Org unit name and #: Jhpiego
Department name: Global Program Operations
Reports to (Job title):
Reports to (Job title):
Sr. Director, Program Finance
General summary/purpose:
The Project Finance Director will oversee the financial planning, management and reporting aspects for the MOMENTUM Country and Global Leadership (MCGL) award. For two years, MCGL has rapidly pivoted programming and staffing needs to be responsive to countries and global stakeholders. Looking ahead, MCGL will also provide wide-scale support for maintenance of essential services during COVID-19 while continuing to support countries early in their journey to self-reliance to overcome the impacts of fragility on the population's health and contribute to countries' movement along the development continuum toward reduced maternal and child mortality and increased self-reliance. The Project Finance Director is critical to the success of the program goals.

The Project Finance Director will provide financial and administrative management, overseeing all financial, contractual, and procurement aspects for an upcoming global MCH project with country buy-ins. S/he will work closely with the Project Director, Senior Management Team, Global Program Staff, and project country offices, and home office country back-stops to ensure timely and accurate financial, contractual and administrative management, representation, analyses and reporting to the project management team, partners and agencies external to Jhpiego.

The Project Finance Director is responsible for the oversight of budgeting, monitoring and performance of all funding streams for the project, including core and field programs, cost share and resource allocation to partners. The Project Finance Director will work closely with Jhpiego departments to ensure streamlined financial operations and performance of the project, including:
Sr Director, Program Finance and a team of Finance Managers assigned to each country to ensure the project has complete, accurate and timely financial data for decision-making.
Project and Jhpiego management to ensure that all funding allocations are accurate, optimized and effectively deployed;
Jhpiego contracts and grants management team to manage and monitor partner performance, compliance and contractual position.
Jhpiego country leadership and technical teams to respond to country buy-in budget requests.
Partner finance leads, to ensure smooth collaboration and efficient management of partner finances under the project. The Project Finance Director will ensure financial systems and reports are compatible with standard accounting practices and follow Johns Hopkins University and Jhpiego policies, as well as USAID rules and regulations. S/he will provide capacity building, coaching and mentoring of finance staff worldwide, and local partners, by developing learning activities and materials to support capacity building. This position is directly accountable for the financial, contractual and administrative compliance of the global award. This position is contingent upon award from USAID
Specific duties & responsibilities:
Lead, manage and coordinate day-to-day coordination of financial activities across all funding elements and sources, ensuring cost efficiency
Ensure that USAID resources are appropriately directed to project priorities and are in line with project core and country buy-in work plans
Mentor, support, and/or manage a finance team of highly qualified staff and align their efforts to project goals to ensure rapid and sustainable results, efficient operations and compliance in all areas
Work in close coordination with contracts and grants management staff to ensure contractual and administrative compliance
Lead the development, monitoring, and review of project core and country buy-in budgets including budget negotiations with subs and finalization of budget narratives
Provide guidance, monitoring and support to project teams, including procurement for goods and services, logistical support for local and international travel (including expense reports) for staff and consultants, development of contracts and subawards, and management and maintenance of office inventory
Develop and/or refine systems, tools, manuals and other resources for the successful management and operations of the project; train finance staff in their use
Work Plan, Budget and Analysis:
Budgets
Direct and develop the annual work plan budgeting process for all core and field projects within the global program
Work closely with the Project Deputy Director and/or Senior Program Manager on preparation, monitoring and reporting on core budget and the specific budget elements thereof
Analyze budgets based on work plan and actual in-country costs
Prepare complete and accurate budget modifications and realignment requests
Ensure all project budgets are entered into BOARD budgeting system at HQ and country level in a timely and accurate manner
Review and negotiate subcontractor/sub-grantee budgets
Develop guidelines for partner budget allocations and serve as a key liaison to support budget and narrative development in accordance with project objectives.
Ensure project systems are in alignment with overall Jhpiego systems, in collaboration with the Sr Director, Finance
Work with the project and Jhpiego leadership to standardize field operations and resolve operational issues in the field
Reports:
Maintain a schedule of routine financial reports and analysis for donors
Ensure accurate financial, contractual and administrative reporting of the project compliant with Jhpiego and USAID's rules and regulations, and terms and conditions of the award
Provide financial reports, including pipeline analysis, quarterly project reports, as requested by the donor
Prepare scheduled or ad hoc financial reports for donors that are timely, complete and accurate (e.g., accruals, pipelines, forecasts, carry forward requests)
Prepare internal reports and charts to identify trends
Analysis:
Perform pipeline analysis, including review of accruals and commitments of the current portfolio to ensure projects operate within allocated budgets and according to the contractual terms
Ensures the validity of, and interpret, financial management reports and other financial tools/sources
Prepare analysis reports in advance for routine finance management calls to enable review and interpretation of financial information for decisions
Monitor burn rates, subaward financial expenses and budget to actual reports and make clear recommendations for implementation
Advise on specific project spending trends by budget line item and or activity
Maintain accurate pipelines, forecasts, accrual reports
Monitor core budget level of effort and prepare analysis with project budgets
Review, reconcile and monitor all accounts, including major project operating accounts, and petty cash operations involving cash advances
Sub-Recipients:
Manage all partner agencies sub-grants, ensuring compliance and reporting of sub-awardee, and building their capacity as needed, perform site financial site visits annually
Support country staff in monitoring sub-recipients including invoice review and quarterly site visit reports
Track sub-recipient invoice payments
Monitor sub-recipients to their obligations and prepare, review or approve modifications with contracts
Collect and review sub-recipient annual financial checklist and audits, where applicable
Review and approve US-paid sub-recipient invoices
Monitor advances to subs
Document sub-recipients
Compliance:
Ensure that required financial controls are in place and adhered to, prevent over expenditure of budgets, ensure proper safeguards of funds, and ensure compliance with established USAID, Johns Hopkins University and Jhpiego financial and accounting procedures
Maintain complete and accurate financial files, team sites, shared folders
Implement and maintain detailed financial reporting and reimbursement process in accordance with Jhpiego's established financial system
Interpret award financial requirements and provide guidance to project team members on office operations in compliance with USAID, Johns Hopkins University, and Jhpiego procedures and policies
Review, share and interpret monthly due diligence reports from Compliance
Follow up on due diligence report findings to clear within 30 days (ensure country and program staff understand each finding and its applicable solution)
Track statutory requirements and support the Office of the Chief Finance Officer (CFO) and country team to execute them e.g., audit, government filings, etc.
Track tax requirements and timely filing. Support the Office of the CFO and country team to complete all requirements on all tax related matters e.g. VAT, payroll tax, import, other
Monitor inventory and asset registers to purchases in QBE and SAP
Under direction from the Office of the CFO, facilitate the work of external audits and ensure that financial records are properly maintained and readily available during audits
Direct and oversee the monitoring and annual auditing of cost-share requirements, tracking and reporting against cost share plan
Close-Out:
Conduct all close out activities assigned (e.g., develop headquarter close out budget, oversee country close out budgets, pay all final invoices, close out contracts, technical services contracts, sub-awards within donor guidelines)
Support, review and monitor asset disposition plans
Review fringe accounts monthly to ensure proper accruals in line with staffing changes
Reconcile cost share requirements and liaise with all sub-recipients on the same
Prepare final financial reports accurately and on time
Respond to internal and external audit requests
Travel to assist country teams with close-out in country
Minimum qualifications (mandatory):
Advanced degree in Business Administration, Finance, Commerce, Accounting or a related field
15 years of progressive experience in accounting and financial management and administration, project management, grants management, procurement and human resources administration of development and/or humanitarian assistance programs
10 years of demonstrated success in senior leadership positions on USAID multi-million dollar global award
3-5 years at a Finance Director/Advisor level with overall accountability for program financial performance
Experience as key personnel and/or who have served on a project leadership team strongly preferred.
In-depth knowledge of USG financial, contractual, and administrative regulations, policies and practices, and reporting requirements, professional accounting and auditing standards, grants contract management, African and Asian country statutory requirements including audit, tax, registration, reporting and other applicable national laws.
Extensive financial and administrative experience working with US, international and/or host country NGOs (including subgrant/subagreement management).
Experience strengthening the organizational capacity of host country institutions is strongly preferred.
Working proficiency in SAP, QuickBooks and Microsoft 365 Office products.
Previous direct supervisory experience of professional and support staff
Demonstrated experience organizing resources and establishing priorities
Experience developing and/or implementing finance and accounting policies, procedures and systems at field level
Excellent verbal, written, interpersonal, and presentation skills in English and French (preferred)
Excellent diplomacy skills and a proven ability to establish and maintain interpersonal and professional relationships with USAID, host-country counterparts and representatives from other key stakeholders such as NGOs, CSOs, and the private sector
Excellent skills in facilitation, team building, and coordination
Ability to coach, mentor and develop financial and administrative capacity of project staff
In depth knowledge financial software applications, databases and spreadsheets, including QuickBooks Enterprise, and Microsoft Office
Ability to travel nationally and internationally 50% of time
To apply, visit
jeid-dbf31ef79e3f664290aa834cfa32dbe3

Company info

Sign Up Now - FinancialServicesCrossing.com