Description
The Senior Finance Officer – Budgeting, Reporting & Partnerships reports to the Senior Finance Coordinator and manages budgeting, donor financial reporting, and partner finance for IRC Jordan.
Budgeting
- Assist in the preparation of proposal budgets and budget narratives in coordination with Program, Grants, and Supply Chain teams, ensuring alignment with donor rules and IRC cost recovery policies.
- Create budget codes and enter approved grant budgets in the system, ensuring budget records are accurate and complete.
- Manage the setup of revenue and indirect cost recovery (ICR) for new projects in the system, in line with award terms and IRC policies.
- Prepare monthly budget versus actuals (BVA) reports for all grants, analyze variances, and share findings and recommendations with budget holders and the Senior Finance Coordinator.
- Review charged transactions against budget codes and prepare and post reclassification entries as needed.
- Prepare budget revisions, realignments, and no-cost extension budgets as required, in line with donor approval thresholds.
- Assist the Senior Finance Coordinator in preparing the annual operations budget.
Donor Financial Reporting & Compliance
- Prepare accurate and timely donor financial reports in line with donor and IRC requirements and deadlines.
- Reconcile donor reports to the general ledger and ensure all reported costs are eligible, allowable, and supported by adequate documentation.
- Maintain a donor reporting calendar and track compliance requirements for donors, including cost eligibility, procurement rules, and audit requirements.
- Support grant opening and closeout meetings, donor audits, and verifications on budgeting and reporting matters.
Partnership Finance
- Conduct financial assessments of prospective and existing partners, and develop and follow up on partner capacity strengthening plans.
- Review partner budgets and financial reports and their supporting documentation, follow up on findings, and post approved partner reports in the system.
- Serve as the finance focal point for partners, track partner advances and liquidations, and participate in partner financial monitoring visits.
- Deliver training and ongoing coaching to partner finance staff on IRC and donor financial requirements, including eligible costs, procurement, and supporting documentation.
Coordination & Internal Controls
- Work closely with Program Managers and budget holders to support sound spending decisions, grant spend plans, and timely corrective action.
- Uphold segregation of duties and internal controls, and coordinate with Accounting team to ensure costs are accurately coded and allocated.
- Contribute to the continuous improvement of finance processes, templates, and tools for budgeting, reporting, and partner finance.
General
- Comply with IRC policies and procedures, including the IRC Way, Fiscal Integrity, and Safeguarding policies.
- Perform other related duties as assigned by the Senior Finance Coordinator.
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