Overview
The Finance Specialist is responsible for providing high-quality financial management and technical support to the Consortium Management Unit (CMU) of the Yemen Displacement Response (YDR) Consortium. The role ensures effective financial planning, budget management, donor compliance, financial reporting, and coordination with Consortium partners.
Key Responsibilities
- Lead the development, review, consolidation, and revision of consortium project budgets.
- Provide technical financial leadership during proposal development.
- Monitor project expenditure against approved budgets and identify financial risks.
- Lead budget revisions, reallocations, and realignments.
- Ensure effective budget monitoring, forecasting, and financial control.
- Oversee the allocation of operational costs and shared support staff costs.
- Prepare and present monthly Budget Follow-Up (BFU) reports and financial analyses.
- Participate in project meetings, providing strategic financial guidance.
- Prepare, process, and monitor consortium partner installment payments.
- Review consortium partners' financial reports for accuracy and compliance.
- Lead the preparation and timely submission of financial reports to donors and stakeholders.
- Ensure compliance with DRC financial procedures, donor regulations, and accounting standards.
- Lead preparations for internal and external audits.
- Provide technical financial advice and capacity strengthening to consortium partners.
- Identify opportunities to improve financial systems, controls, and reporting processes.
Required Experience
- Minimum of 5 years of progressively responsible finance experience with international non-governmental organizations (INGOs).
- Demonstrated experience in donor budget development, financial management, grant administration, and financial reporting.
- Strong experience managing donor-funded projects, particularly with ECHO, and other institutional donors.
- Experience reviewing partner financial reports, supporting audits, and ensuring donor compliance.
- Experience using ERP financial systems, preferably Microsoft Dynamics (D365) or similar platforms.
Qualifications
- Bachelor's degree in Accounting, Finance, Business Administration, Commerce, or another relevant field.
- Bachelor’s degree in finance/accounting.
