Finance Associate - IDLO

  • IDLO

  • Hargeisa, Somaliland

  • last year

  • Deadline Sep 28, 2023

About the job

Overview & Responsibilities

THE POSITION

The IDLO Finance Department is an integral part of the project team, which seeks to ensure financial integrity with the goal of realizing a high level of transparency and accountability in the execution of various donors' projects. The Finance Department places high value on producing accurate and auditable financial reports for all its stakeholders.

The Finance Associate will be part of the Somalia Country Office team based in Hargeisa and will report directly to the Finance Coordinator. S/he will support financial management in the country office.

Primary Functions

  • Support the Finance Coordinator & Finance and Admin Manager to maintain an overall accounting system for the County Office in line with IDLO guidance and procedures, including but not limited to processing invoices and payments, maintaining bank accounts and financial records in the accounting system, ensuring timely reimbursement of travel expenses to IDLO staff members/experts.
  • Perform verification of invoices as per established organization processes and approvals, matching supporting documentation (Goods Received Note, Purchase Order, Purchase Request, Bid Analysis, etc.) to vendor invoices, recalculating for mathematical accuracy, reviewing for a valid account and grant coding and, when ready, processing payment.
  • Review implementing partner's reports and payment requests and submit findings to Finance Coordinator.
  • Maintain sub-grant tracking sheet and filing system for all sub-grantee proposals, agreements, financial reports, and outstanding advances.
  • Collect bank statements and prepare bank reconciliations at month-end. Follow up on outstanding checks.
  • Ensure bank account balances are monitored and funds are available for pending payables.
  • Assist Finance Coordinator in reviewing the monthly budget versus actual reports.
  • Assist in developing, organizing, and maintaining all filing systems (both physical and computerized) maintained by the Finance Office.
  • Assist in the preparation of the national staff payroll.
  • Prepare statutory payments such as PAYE withholding tax and ensure timely compliance with regulatory bodies.
  • Assist as required in special projects and/or research assignments or any such assignment from the Finance Coordinator.
  • Assist Finance Coordinator & Finance and Admin Manager in working with external and internal IDLO auditors.
  • Coordinate and provide financial monitoring to local partners involved in IDLOs programmes in the Country Office.
  • Other tasks may be assigned from time to time.

Job Requirements

Academic qualifications

  • Minimum Bachelor's degree in Accounting, Finance, or Business
  • Accounting Certification -- ACCA or CPA.

Work Experience

  • At least 3 - 5 years experience in international accounting and financial management environment, preferably within international organizations or private /public organizations with donor-funded programs;
  • Experience in IPSAS is an added advantage.

Knowledge, Skills, And Abilities

  • Experience ideally within an intergovernmental or international non-governmental organization;
  • Demonstratable knowledge of financial rules and regulations and accounting principles
  • Experience in the usage of MS Office packages.
  • Advanced knowledge of spreadsheets and database packages
  • Working knowledge and experience in the use of MS NAVISION ERP;
  • Excellent written and verbal skills
  • Ability to work in a multicultural team
  • Good interpersonal skills
  • Good planning and organizational skills

Terms & Conditions

For this locally recruited position, IDLO shall offer the selected candidate an Affiliate contract of 12 months, with the possibility of extension subject to performance and funding availability.

IDLO shall also offer a yearly basic salary of USD 16,968, medical insurance, and leave entitlements in accordance with IDLO Employee Regulations and Rules.

This local position is open to candidates who are nationals of the duty station or with permanent resident status or other legal authorization permitting them to work in the duty station. An employee subject to local recruitment shall not be eligible for the allowances or benefits exclusively applicable to international employees.

Applications will be screened on a regular basis; a qualified applicant might be recruited before the deadline. In the interest of making the most effective use of resources, only the short-listed candidates will be contacted during the selection process.

IDLO is an Equal Opportunity Employer and values diversity in all areas of its operations. We welcome applications from qualified and diverse candidates.

IDLO is committed to achieving a 50/50 gender balance at all levels within its workforce. Female candidates are strongly encouraged to apply for IDLO vacancies.

IDLO does not tolerate sexual exploitation or abuse, any kind of harassment, including harassment of a sexual nature, or discrimination. As such, IDLO will conduct careful reference and background checks of all selected candidates as part of its selection process.

Application deadline: 28 September 2023 (23:59hrs Rome Time).

Annual Compensation

USD $16,968.00/Yr.

How to Apply

APPLY HERE

Job details


  • Location: Hargeisa, Somaliland

  • Experience: 3 - 5 Years

  • Job Type: Full-time

  • Category: Accounting & Finance

  • Qualifications: Minimum Bachelor's degree in Accounting, Finance, or Business

Organization details


  • Headquarters: Rome, Italy

  • Industries: IGO

  • Email: info@idlo.int

  • Website: www.idlo.int

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