Specialist, High Impact and Core Countries, Pool, Grant Financial Management

Vor 2 Tagen

Genf, Schweiz TN Switzerland Vollzeit

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Specialist, High Impact and Core Countries, Pool, Grant Financial Management - GL D - Temporary until December 2025, Geneva

Client: The Global Fund

Location: Geneva

Job Category: Finance

Job Reference: ccfab5a70656

Job Views: 10

Posted: 21.01.2025

Expiry Date: 07.03.2025

Job Description:

The Specialist is a professional with proven ability in financial management to lead the financial aspect of portfolio delivery throughout the grant lifecycle for maximum impact.

They are part of a country team and drive strategic outcomes for impact, providing value-added professional financial services to the country teams.

  1. Implement, support and ensure compliance with the Global Fund’s fiduciary policies, procedures and practices.
  2. Ensure that funds allocated and disbursed for program delivery are utilized for the intended purpose.
  3. Consolidate grant finance data at corporate level.
  4. Enhance operational efficiency by focusing on principles that drive a risk-based approach in budgeting and operational oversight.
  5. Implement mechanisms to improve and monitor implementers' internal control mechanisms.
  6. Review and validate the finance-related documents throughout the grant lifecycle.

The Specialist will also be responsible for the following thematic areas in close collaboration with Senior Specialist, Thematic Lead:

  1. Innovative financing initiative, leveraging different operating models.
  2. Ensure appropriate execution of agreed financial risk and assurance actions.
  3. Proactively drive financial management capacity building actions.
  4. Ensure a robust mechanism to monitor grant implementation.
  5. Ensure value for money throughout the Global Fund grant lifecycle.
  6. Optimize financial absorption by supporting efficient implementation.

Key Responsibilities

Grant Finance Management:

The Finance Specialist is responsible for the financial aspect of funds allocated for an assigned country or multi-country portfolio.

They ensure that the implementation arrangements proposed for grants are appropriate and that safeguards are in place for grant implementers.

They review and approve grant investment decisions, financial forecasts, and ensure cost-effectiveness principles are key drivers in decision-making processes.

Financial Risk, Assurance and Capacity Building:

The Specialist is responsible for Financial Risk Management, Assurance Planning, and Financial Capacity Building activities.

  1. Documenting financial risks and implementing mitigation measures.
  2. Monitoring completion of mitigating measures.
  3. Leading financial assurance discussions during Portfolio Performance Committee meetings.
  4. Developing mechanisms to monitor implementers’ internal control mechanisms.
  5. Driving financial capacity building priorities for countries.

Financial Data Quality and Triangulation:

  1. Ensure the accuracy and completeness of validated financial data.
  2. Ensure identification of ineligible expenditure has been optimal.
  3. Ensure Pooled Procurement related disbursements are accurately reflected.
  4. Ensure linkage and progress between programmatic performance and financial progress.
  5. Ensure effectiveness of controls and mitigating measures are tested.
  6. Ensure all exceptions to applicable Global Fund Financial Policies are documented.

Qualifications

Essential:

  1. Advanced Degree in Finance or accounting qualification.
  2. A first-level university degree may be accepted with additional experience.

Experience

Essential:

  1. Extensive experience in financial analysis and decision-making.
  2. Ability to bring stakeholders together for discussions.
  3. Influencing skills for grant negotiation.

Desirable:

  1. Minimum 8 years of professional experience in financial management.
  2. Grants and finance management experience in health or social sectors.
  3. Experience working in international or regional contexts.

Competencies

Languages: Excellent knowledge of English and preferably French.

Organizational Competencies:

  1. Global Fund awareness.
  2. Service orientation.
  3. Drive for results.
  4. Collaboration.
  5. Impactful communication.
  6. Flexibility.

Functional Competencies:

  1. Understanding of analytical techniques.
  2. Knowledge of fraud and corruption signs.
  3. Awareness of political and economic factors.
  4. Ensuring informed decisions on spending.
  5. Knowledge of financial and accounting aspects.
  6. Sensitivity to multicultural differences.
  7. Knowledge of operational policies.
  8. Knowledge of risk management processes.
  9. Understanding of health systems strengthening.

Technical Competencies:

  1. Ability to identify financial risks.
  2. Strong skills in financial accounting and reporting.
  3. Strong skills in audit and assurance techniques.
  4. Understanding of public financial management systems.
  5. Skills in risk identification and problem solving.
  6. Proficiency in ERP Systems and Microsoft Office.
  7. Ability to multitask and delegate.

The Global Fund recruits top-tier talent for our open positions, in support of our mission to end AIDS, tuberculosis and malaria as epidemics.

Explore our vacancies and apply on the Global Fund Careers recruitment system.

Job Posting End Date: 01 September 2024

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