Summary
Date Posted: Wednesday, June 05, 2019 , Base Salary: Not Disclosed

JOB DETAILS:
Ministry Of Local Government. .

Job Description
Roles and responsibilities:
• Assist in identification of financial management priority activities for MINALOC, and in the formulation of strategic plans and budgets consistent with the priorities;
• Work with and coach the Planning experts of the Budget Entities within which project activities will be carried out to help establish realistic medium term plans and budgets which are:
Consistent with funding priorities,
Achieve the objectives of the projects
compliant with the financing agreement between the World Bank and the Government of Rwanda and
designed to contribute to broader Social Protection outcomes;
• Review online transactions, validate supporting documents, review reports (soft copy/hard copy) and provide administrative authorization at his/her level for subsequent approvals as required;
• Help to ensure that key internal controls designed to prevent and detect and correct errors are operating;
• Work with MINALOC colleagues to ensure that reports to management provide usable financial management information to support planning and decision making;
• Plan for the external audit on an annual basis, supporting the preparation of an implementation plan to follow up on audit recommendations;
• Provide inputs and necessary support to the World Bank missions during projects reviews by participation in field missions and preparation of reports and analysis;
• To supervise the bookkeeping of the project in accordance with the financing Agreement;
• To Ensure compliance of taxes computations and declarations with Rwandan Tax laws and advise accordingly
• To prepare payment documents, carry out the computations imputations, management and filing of documents related to the IDA funding;
• Prepare draft unaudited interim financial reports (IFRs), Withdrawal Applications, and other mandatory reporting to be submitted to MINECOFIN and the World Bank
• To prepare and monitor cash flow plan of the project and produce its updated report at the end of every month;
• Ensure that World Bank Implementation Support Missions, audit and evaluation recommendations related to financial management are implemented.
• Perform any other duties in line with project activities that can be assigned to him/her consistent with requirements for effective and efficient project financial management.
• Ensure timely reconciliation of all funds per the requirements of the FM guidelines and other applicable documents.
• Facilitate in integration of FMIS with program data for automated reporting, funds reconciliation and coordinated reporting
• Establish and Follow up of recommendation implementation action plan based on internal and external audit observations in order to monitor their audit oversight and discharge;
• Assess the strength of internal controls and recommend improvements which provide reasonable assurance regarding; a) the effectiveness and efficiency of operations; and b) reliability of financial reporting. Reporting:
The Financial Management Specialist shall be formally line managed and report to SPIU Coordinator at MINALOC
• Monitor and assist in drafting management’s response to internal and external audit findings;
• Other responsibilities assigned by the supervisor.
Job Profile
Key Selection Criteria
• Accounting Professional Qualification recognized by IFAC (eg. ACCA, CPA) or Ao in Business Administration or Commerce with specialization in Accounting, Economics and/or Finance with 7 years of working experience in a financial management role managing a substantial budget. Alternatively, prospective candidates should have a Masters in the same fields mentioned above with at least 5 years working experience in a senior financial management role managing a substantial budget
• Detailed knowledge of Generally Accepted Accounting Principles (GAAP) and practices;
• Detailed knowledge of the Government of Rwanda’s public financial and tax management law and regulations;
• Knowledge of Rwanda's accounting standards and procedures;
• Knowledge of World Bank PFM guidelines, accounting and reporting requirements is an added advantage;
• Excellent practical accounting skills, able to manage accounting systems and systems of internal control;
• Strong IT skills, knowledge of Smart IFMIS, able to work with major database systems, financial management systems and Excel and power point especially;
• Analytical & complex problem solving skills;
• High ethical standards, and capacity to exercise good judgment;
• Attention to detail, works meticulously in a systematic way
• Excellent team working and team management skills;
• Good communication skills;
• Time management skills and capacity to adhere to strict reporting timelines by producing excellent financial reports with credible data and information;
• Fluency in Kinyarwanda, English and/or French

Job Skills: Not Specified

Job Qualifications: Not Specified

Job Education Requirements: Not Specified

Job Experience Requirements: Not Specified

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