Financial Manager

at International Medical Corps
Published June 19, 2022
Location Mogadishu, Somalia
Category Finance  
Job Type Full Time  

Description

ABOUT INTERNATIONAL MEDICAL CORPS

 

International Medical Corps is a global, humanitarian, nonprofit organization dedicated to saving lives and relieving suffering through health care training and relief and development programs.

 

Established in 1984 by volunteer doctors and nurses, International Medical Corps is a private, voluntary, nonpolitical, nonsectarian organization. Its mission is to improve the quality of life through health interventions and related activities that build local capacity in underserved communities worldwide. By offering training and health care to local populations and medical assistance to people at highest risk, and with the flexibility to respond rapidly to emergency situations, International Medical Corps rehabilitates devastated health care systems and helps bring them back to self-reliance.

 

PROJECT SUMMARY

 

The successful candidate will be the International Medical Corps Financial Manager for the anticipated Damal Caafimaad project funded by the World Bank via the Ministry of Health in Somalia*.* The Damal Caafimaad project is a 4-year initiative aimed at contributing to Essential Package of Health Services (EPHS 2020) implementation aimed at improving the coverage and quality of essential health and nutrition services in project areas as well as strengthen the stewardship of the Ministries of Health in Somalia. The Damal Caafimaad project will work with the Ministry of Health and Human Service Affairs (MOH) at the federal and state government levels.

 

International Medical Corps will be responsible for delivering the defined essential health services in Middle Shabelle and Bay regions to contribute to: (i) reducing maternal and newborn mortality; (ii) reducing under 5 mortality and improving child health and nutrition; (iii) reducing excess mortality due to communicable and non-communicable diseases (iv) strengthening the health system and (v) increasing the coverage of the package of health services.

 

*The position is contingent upon successful bidding and donor agreement*

 

JOB PURPOSE

 

The Financial Manager will oversee all aspects of financial management for the project’s activities. S/he will be responsible for ensuring that the financial management and accounting of the project is in compliance with the donor’s policies and procedures, as well as utilize extensive knowledge of the donor’s regulations to provide sound financial oversight. The Financial Manager will serve as a senior member of the project team, working in close collaboration with the project’s technical and administrative leadership to ensure sound implementation and reporting meets the expected results. S/he will coordinate closely with the Country Program’s broader finance team. The Financial Manager will be based in Jowhar or Baidoa, Somalia in line with the implementation of contracts in Middle Shabelle and Bay regions.

 

To perform this job successfully, an individual must be able to perform each essential function with or without reasonable accommodation.

 

MAIN TASKS AND RESPONSIBILITIES

 

Accounting and Finance Management

 

Provide effective support to the project’s senior leadership to ensure the project is implemented according to its design and the expectations of the donor.

Using extensive knowledge of the donor’s regulations, administer grant requirements and act as the designated International Medical Corps representative in matters related to the project’s financial award management and administration.

Establish standards and procedures to ensure the project’s effectiveness and efficiency, maintaining compliance to International Medical Corps and donor’s policies and procedures.

Ensure the appropriate use of funds awarded and the performance of the grant-supported activities as specified in the approved application. Conduct due diligence to ensure that that donor’s funds are not diverted from their specific purpose as outlined in the grant and are not vulnerable to corruption.

Monitor the project’s approved budget to ensure compliance with donor requirements. Review and provide guidance on significant procurement actions undertaken with donor funds.

Develop monthly pipelines, ensure cash flow, and monitor burn rates (under and overspending of grants).

Prepare regular (monthly, quarterly, and interim) financial reports per donor’s and grant agreement’s specific requirements.

Represent and network with relevant internal and external stakeholders (project staff, donor, HQ, related national and/or sub-national government ministries, etc.) and ensure accurate financial information is disseminated timely, with feedback responded to effectively, and any relevant action taken.

Maintain finance and grant-related files with all key related information/documentation for awarded instruments, including but not limited to, grant documents, extensions, modifications, contracts, sub-awards, MoUs, key correspondences, and other relevant documents.

Maintain frequent communication with the mission’s Finance Director to ensure finance activities and objectives are coordinated with broader mission objectives and activities.

Perform other duties as assigned. The duties and responsibilities listed in this document are representative of the nature and level of work assigned and not necessarily all inclusive.

Work closely on day-to-day accounting operations and financial management functions, including across all field offices where the project has activities.

Provide cash flow for the project and ensure that cash needs are fulfilled in all project sites. Communicate outstanding installments with the donor, as applicable.

As applicable, work closely with HR in the recruitment and selection of qualified finance staff, recommend promotions, disciplinary action, and termination of finance staff in consultation with project senior leadership.

When possible, strengthen the capacity of finance staff through on-job training and mentorship to support building knowledge and skills related to project-specific financial management approaches.

Sub-contract financial management:

 

Develop, review, and provide guidance on sub-contracts, to ensure compliance with donor’s and International Medical Corps’ regulations and policies.

Conduct training and capacity building for International Medical Corps sub- contractors as required.

Review sub-grantee/contractors’ financial reports for compliance with project performance and budget.

The duties and responsibilities listed in this document are representative of the nature and level of work assigned and not necessarily all inclusive.

 

PERSON SPECIFICATIONS- MINIMUM REQUIREMENTS

 

Qualifications:

 

Typically, a 4-year University degree in Accounting or Business Administration. Equivalent combination of relevant education and experience may be substituted as appropriate;

Experience:

 

Typically, 5+ years of relevant and progressive experience in the finance field with grants and contracts management for large complex international development projects; preferably with multi-year, high-value global health projects. Experience with health systems strengthening in fragile settings is strongly preferred.

Proven team skills and ability to work in a fast-paced and time-sensitive environment

Extensive experience supporting projects implemented through partnerships with local stakeholders or designed to strengthen local capacity and systems, including with local governmental entities and/or different sub-contracting and sub-granting arrangements.

Extensive experience in working with computerized accounting systems

Demonstrated experience with diverse project implementation and related payment modalities, as well as contracting arrangements (i.e. performance-based payment, cost-recovery, cost plus fixed-fee).

Experience in a similar position, preferably in a lead agency for project(s) and/or consortium

Experience in developing staff technical and management capacities

Experience working within consortiums and managing sub awards or subcontracts

Familiarity with broader systems development including procurement, logistics, HR and IT

Experience in managing finance for complex grants in sensitive settings.

Relevant experience in Middle Shabelle and/or Bay regions in Somalia strongly preferred.

Skills and Competencies:

 

Comprehensive knowledge and working experience on projects funded by institutional donors, such as the World Bank, USAID, FCDO and others. Strong familiarity with their rules and regulations, including policies and procedures regarding human resources, grants management; financial management and reporting, and procurement processes.

Strong leadership skills

Excellent communication skills, including written and oral writing

Strong negotiation, interpersonal and organization skills in a multicultural environment

Strong cultural sensitivity, ability to work in insecure environment and cope with stress

Strong organizational skills and the capacity to analyse and prioritize

Fluency in written and spoken English required.

IMC is a humanitarian organization involved in emergency programs. All IMC staff are to be flexible and willing to assist in IMC operations as and when required.

 

HOW TO APPLY:

 

IMC Somalia is inviting qualified candidates who meet the above requirements to send their cover letter and CV to the following email addresses  indicating the name of the job as FINANCIAL MANAGER, DAMAL CAFIMAAD, JOWHAR OR BAIDOA (as your preferred location) in the email subject clearly.

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