Senior Project Accountant: International Youth Foundation® (IYF®)
Deadline: 13 June 2022 (COB)
Location: Mutare, Zimbabwe
Reports to the Country Advisor - Zimbabwe and the Regional Finance Manager -Sub Saharan Africa, both are based in Harare, Zimbabwe.
The International Youth Foundation® (IYF®) stands by, for, and with young people. Founded in 1990 through a generous grant from the W.K. Kellogg Foundation, IYF is a global nonprofit with programs directly benefiting 7.7 million young people and operations spanning 100 countries so far. Together with local community-based organizations and a network of corporate, foundation, and multilateral partners, we connect young people with opportunities to transform their lives. We believe that educated, employed, engaged young people that possess the power to solve the world’s toughest problems, and we focus our youth development efforts on three linked objectives: unlocking agency, driving economic opportunity, and making systems more inclusive. Our vision is to see young people inspired and equipped to realize the future they want. The International Youth Foundation: Transforming Lives, Together. To learn more about the International Youth Foundation, please join us at iyfglobal.org.
The Project Accountant will help coordinate and contribute to the implementation of the project, ensuring compliance with IYF established accounting standards and donors’ rules and regulations to support high-quality programs serving the poor and vulnerable. S/he will efficiently perform accounting services through documenting the project financial transactions by compiling, analyzing, and verifying account information, preparing account entries, and delivering financial reporting services throughout the project’s life cycle. S/he will review and validate supporting documentation before processing of financial transactions to ensure all required documents are accurate and complete, and authorizations are in place.
Ensures compliance and consistency with organizational policies and procedures, as well as compliance with the terms and conditions of donor agreement governing the work in the office; Records and accounts for daily transactions, ensuring accuracy and completeness of required files and supporting documentation serving as evidence of transactions; Leads sound cash management of local bank accounts and maintains petty cash fund; Manages cash disbursements in accordance with financial management policies and established approval levels; Processes / reviews payroll, remits tax and other government contributions and reports to local agencies in a timely manner; Responsible for full accounts payable function from procurement through payment of invoices; Processes / reviews employee expense reimbursements; Ensures timely payment to all company payees and maintains sufficient and complete payee files; Prepares/reviews monthly financial reports for IYF Baltimore and internal management reports for the Country Advisor containing budget to actual expenditure information on a regular basis; Performs month-end closing and year-end duties such as reconciliations, VAT reimbursements, inventory lists, etc; Responsible for procurement activities in accordance with IYF procurement policy and ensures consistency with donor rules and regulations; Provides assistance to program staff in office and project budget management and tracking through convening monthly working budget meetings in liaison with RFM and updates the project team; Liaise with RFM and Country Advisor to ensure timely donor reports and cash requests submission; Attend and participate in donor meetings, workshops as local IYF finance contact; Conduct regular trainings for staff on IYF policies and procedures; Actsas finance lead for project and institutional audits; Oversees utilization of the Adaptive Insights in the office
Strong accounting, financial management, budgeting and financial analysis skills using common accounting packages (e.g Pastel); Knowledge of the relevant public donor regulations particularly USAID preferred; Excellent analytical skills with ability to detect and report inconsistencies; Ability to work collaboratively; Proactive, resourceful, solutions oriented and results oriented; Proficient in MS office packages (Excel, Word, Powerpoint, Visio), Web conferencing applications; Knowledge of QuickBooks financial accounting package or similar financial reporting software; Fluent in English, both oral and written.
Bachelor’s degree in Finance, Accounting, Economics or a related field is required with professional courses in accounting such as CA, CIS, ACCA or equivalent; Minimum 5 years’ experience working in similar responsibilities preferably with NGO; Proven experience with USAID funded projects with finance management oversight responsibility an advantage.
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