Field Finance Coordinator

Field Finance Coordinator

Location: Bargachhi – 1, Bardibas, Mahottari, Nepal

With over 70 years of experience, our focus is on helping the most vulnerable children overcome poverty and experience fullness of life. We help children of all backgrounds, even in the most dangerous places, inspired by our Christian faith.
Come join our 33,000+ staff working in nearly 100 countries and share the joy of transforming vulnerable children’s life stories!

Key Responsibilities:

This position will be responsible for providing support and coaching to WVIN’s NGO Partners and ensure all NGO Partners adhere required compliances, which includes payment and disbursements; procurement review; monitoring and reporting as per tools with at least 60% visit to the field/Project locations. To ensure stewardship, accountability and transparency in the Finance and SCM sectors through active resourcing and empowerment of PNGOs.

MAJOR RESPONSIBILITIES

• Conduct Financial monitoring of PNGOs as per the financial monitoring tool and risk factors
• Report the observations to the PNGOs management upon conducting each financial monitoring
•  Ensure recommendations to PNGOs are implemented within stipulated time tracking the recommendation based on its significance
•  Responsible for review and analysis of financial reports submitted by PNGOs and ensure compliance with donor requirements as well as WVIN policy and procedures.
• Assist and orient PNGOs on using finance and procurement tools
• Assist the PNGOs in developing budgets, standard costing, implementation plans and help determine any necessary arrangements including cost sharing.
• Review project detailed implementation and annual plans and budgets to determine optimal utilization/allocation of funds of PNGOs.
• Manage cash flow in relation to PNGOs activities including timely release of funds and cash forecasting to ensure smooth implementation.
• Engage with PNGOs and play an active role with Budget Owner in the development of MOU’s and contracts/agreements
•  Assist PNGOs in bank account and signature requirements including internal monitoring of all partners bank accounts where WVIN funds may have been transferred as needed
• Ensure minimum financial standards are applied as agreed between WVIN and PNGOs
•  Conduct regular review of PNGOs accounting and SCM documents and reports related to agreement to confirm compliance as per WVIN guidelines and government departments
• Assist relevant Budget Owner and PNGOs in preparing budget versus actual variance explanations reports
• Provide special financial analysis reports on PNGOs budgets and expenses as required by management
• Maintain advance registers for PNGOs, and reconcile monthly with the SUN System reports and PNGOs agreements.
• Work with PNGOs and relevant program staff to resolve issues related with non-compliance
•  Contribute to the development of financial and procurement policies that relate to work with PNGOs
•  Ensure PNGOs financial documents and reports are scanned and backed up timely 15%
•  Work with PNGOs to identify their financial learning needs to achieve effective implementation of MOU/contracts
•  Collaboratively develop capacity building plans with PNGOs based on their identified needs
•  Facilitate financial training and mentorship with PNGOs in collaboration with relevant program staff/budget owner
• Support PNGOs to learn from their experiences and document best practices in financial and Supply Chain Management PNGOs are familiar and able to follow agreed policies and procedures
• Demonstrating an understanding of and commitment to World Vision’s Core Values in the approach to work and relationships

KNOWLEDGE/QUALIFICATIONS FOR THE ROLE

Required Professional Experience

•  At least 3 years’ experience in similar field
• Solid knowledge of accounting principles, financial systems, budget/cash-flow monitoring, procurement, system and internal controls
• Strong analytical skills, Effective Communication skills
• Knowledge of and experience with government grant regulations and financial reporting requirements
• Strong knowledge of Procure-to-Pay processes. Required Education, training, license, registration and certification
•  Bachelor degree or equivalent qualification in Finance or Accountancy

Preferred Knowledge and Qualifications

• General Accepted Accounting Principles (GAAP), Knowledge on Nepalese Taxation, and VAT Act.
• Excellent computer literacy & skill of MS office applications (Word/Excel/PowerPoint/internet etc.)
• Good command of English & Nepali languages (written & spoken)
• Able to articulate and communicate ideas well verbally and in writing
• Practical knowledge of project finance, administration, assets and fleet management
•  Understanding of World Vision Financial and Supply Chain System & procedures
• Ability to manage interpersonal relations and work effectively with others, to establish and maintain good working relations in a multicultural, multiethnic environment while showing sensitivity and respect for diversity

Applicant Types Accepted:
Local Applicants Only

Tagged as: Field Coordinator, Finance Coordinator, Mahottari, NGO INGO, World Vision International Nepal