Overview
The Finance Manager is responsible for the delivery of finance services to support operational programmes and provide assistance to the Turkish Red Crescent Society. The position supervises IFRC finance teams in Ankara, Georgia, Armenia, and Azerbaijan.
Key Responsibilities
- Review, advise, validate and approve all contracts for compliance and financial risk.
- Ensure a financial risk assessment is conducted for project proposals.
- Ensure implementation of finance policies, processes and procedures.
- Carry out finance due diligence check on suppliers.
- Prepare monthly financial analysis report.
- Monitor and report on Key Financial Performance Indicators (KPI’s).
- Oversee preparation and submission of timely donor reports.
- Support internal and external audits.
- Oversee funds transfer spot checks reviews and report with remedial actions.
- Monitor funds transfers to National Societies and ensure timely reporting.
- Work with respective Finance staff to ensure liquidation of advances are posted into ERP in a timely manner.
- Review balances in the various Business Units within the cluster and ensure no dormancies exist.
- Manage the Turkiye Country Cluster Delegation funds and financial assets.
- Work with Programs team to ensure expedited cash transfers for operations.
- Manage bank account balances to minimize forex losses on cash held.
- Ensure bank reconciliations are completed in a timely manner.
- Ensure all country offices’/Delegation cash flow is monitored, cash requests submitted in a timely manner and cash available for each of the country offices/Delegation.
- Monitor compliance with cash disbursement memo and ensure country offices/Delegation are compliant with thresholds defined with regards to payments.
- Oversee that the Country Cluster Delegation processes payments escalated from the different Business Units within the Country Cluster Delegation within defined parameters.
- Oversee the budgeting cycle, regularly ensuring program budgets are revised in line with available funding and implementation.
- Monitor budget implementation and ensure accurate accounting, authorizations and budget variances are managed.
- Ensure, track and report that Shared Office and Services Costs (SOSC) fees are recovered per costing principles of full cost recovery.
- Advise Head of Country Cluster Delegation and programme managers on financial matters.
- Validate monthly payroll in country of duty station before onward processing for payment.
- Monitor contributions by donors and ensure implementation is in line with donor requirements.
- Provide technical review of agreements being drawn with the National Societies, suppliers and others.
- Monitor PNS current accounts.
- Provide oversight on preparation of service invoicing and ensuring these are submitted in a timely manner.
- Follow up of outstanding balances with PNS representative in country of duty station.
- Manage the monthly cycle within the required deadlines.
- Review and ensure reconciliation of balance sheet accounts by each of the country finance teams is done on a monthly basis.
- Ensure that monthly checklists are completed by each IFRC country finance team and supported by appropriate documentation and submit to ROE in a timely manner.
- Support improvements, good practice and continuous learning and knowledge sharing.
- Encourage and promote a culture of continuous learning and sharing of best practices among the finance team.
- Train, support and advise delegation staff in financial matters.
- Advise, support, train, and line manage the finance teams based in country offices.
- Establish and ensure effective working relationships with country cluster staff members.
- Ensure effective working relationships with National Society counterparts and leadership.
- Ensure effective working relationships with technical and service departments in the global management team.
Required Experience
- 7 years’ experience in financial management, accounting and audit and risks management
- Previous experience working for the Federation and/or National Society is an asset
Qualifications
- Master’s degree in Business Administration, Commerce, or any other relevant fields
- Full professional accountancy qualification (CPA (K), ACCA, ACA etc.)
