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Jan 6, 2023

Grants Accountant


Country: Kenya

Organization: Fairtrade Africa

Closing date: 17 Jan 2023

KEY DUTIES AND RESPONSIBILITIES:
Grants & Partner Management

• Ensure departments comply with all donor rules, regulations, and award conditions to ensure funds are used for the intended purpose.

• Monitor deposits & money transfers and maintain balances to ensure project needs are met.

• Ensure all costs related to the grant are charged to avoid overspending and underspending within projects.

• Monitor budget spends and account for any variances.

• Participate in grant proposal development and extensions and provide technical support in development of grant budgets

• Monitor financial performance for grants and produce reports according to donor reporting requirements

• Manage preparation, consolidation and distribution of timely monthly, quarterly and annual financial statements reflecting status of projects and or programs based on donor requirements

• Facilitate the transfer of funds to partners, monitor fund utilization and ensure partners understand and complete the financial reports.

• Carry out periodic review of internal control environment affecting both program and support operations for potential risk exposures

• Monitor compliance with grant funding requirements and provide appropriate guidance to programme and partner staff including allowable and non-allowable costs, grant closeout, preparation of budget modifications and requests for carry over or extensions as needed.

• Consolidate regular progress reports from the projects managers and provide donor reports. Ensure donor rules are adhered to and reporting instructions followed

• Regularly review of partner organization’s reports and provide them with documented feedback ensuring they comply with FTA


Financial Management Guidelines

• Manage timesheets

Financial Management

• Post and review all expenditures and transactions in Oracle, according to programme and projects budgets and FTA’s internal financial procedures

• Ensure that all information required for audit is available including financial reports and schedules

• Review payments, journal entries, cost allocations and other postings into accounting system and ensure proper coding, data quality and integrity of all accounting/financial transactions

• Analyse risk areas in internal controls and recommend mitigating measures

• Carry out monthly reconciliations of partner accounts.

• Ensure all partners /staff comply with the Internal control procedures at FTA.


Qualifications


• A Bachelor’s degree in Finance, Accounting or in a related field

• Professional accounting qualification such as CPA-K, ACCA


Experience and Knowledge

• At least 3 - 5 years’ experience in a similar position in an international non-governmental organization

• Experience in managing large donor-funded budgets and donor reporting

• Knowledge of grants management, donor contracting, monitoring of expenditure, budgeting, donor/financial reporting.

• Experience working with a multitude of donors/funding partners.

• Experience in enforcing internal financial procedures


Skills

• Good command of spoken and written English

• Proficiency in the use of accounting systems, in particular Oracle NetSuite.

• Advanced book-keeping skills, including the ability to analyse financial information and prepare complete financial statements.

• Strong financial planning and management skills.

• Ability to analyze and synthesis complex information quickly and effectively.

• Strong networking and relationship building ability; ability to work with a range of stakeholders, internal and external, including senior staff and donors.

• Advanced excel skills


How to apply

https://fairtradeafrica.net/vacancies-2/

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