Specialist, High Impact and Core Countries

Specialist, High Impact and Core Countries - GL D - Temporary until December 2025, GenevaClient:

The Global Fund

Location:Job Category:

Other

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Job Reference:

22a9139dc6cf

Job Views:

11

Posted:

24.01.2025

Expiry Date:

10.03.2025

Job Description:

Specialist, High Impact and Core Countries - GL D - Temporary until December 2025. Formally Reporting to the Grant Finance Manager with a matrix reporting to Senior Specialist on thematic areas, 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 as such drive strategic outcomes for impact and provide 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 including the Comprehensive Funding Policy and the key financial guidelines.
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 (“80/20”) and operational oversight.
5. Implement mechanisms to improve and monitor implementers internal control mechanisms including oversight of external auditors, fiscal agents and Local Fund Agent (LFA) finance deliverables throughout the implementation period.
6. Review and validate the finance-related documents throughout the grant lifecycle.

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

1. Innovative financing initiatives, leveraging different operating models and proactively monitoring domestic and innovative financing commitments to ensure sustainability of the investments and the achieved health outcomes.
2. Ensure appropriate execution of the agreed financial risk and assurance actions to enable effective monitoring and oversight of financial assurance providers.
3. Proactively drive financial management capacity building actions by leveraging joint financial assessments with internal and external stakeholders.
4. Ensure there is a robust mechanism to monitor grant implementation that enables “portfolio optimization” and “proactive reprogramming” and reduce operational bottlenecks.
5. Ensure value for money i.e. economy, efficiency, effectiveness, equity and sustainability throughout the Global Fund grant lifecycle.
6. Optimize financial absorption by supporting efficient implementation and proactive problem identification and action planning around key bottlenecks.

Key Responsibilities

Grant Finance Management:

Working in the country teams, 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 appropriate safeguards are in place to ensure that grant implementers have the required capacity to implement within an acceptable level of financial risk.

They review and, in some cases, approve grant investment decisions, financial forecasts, financial risk and assurance mechanisms and must ensure that cost-effectiveness, value-for-money and absorptive capacity principles are key drivers in the decision-making processes of the country teams.

They are also responsible for the accuracy and completeness of grant financial reports and the timely recovery of amounts arising from non-compliance with Global Fund guidelines in their portfolio.

In close collaboration with senior specialist, thematic lead, they lead the financial aspects of any innovative financing and/or other financing modalities in their portfolio.

Financial Risk, Assurance and Capacity Building:

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

1. Documenting timely and with quality the financial risks, including appropriately identifying root causes, the risk mitigating measures and their related timelines.
2. Monitoring the completion of the mitigating measures and updating the Integrated Risk Module (IRM) as necessary.
3. Leading the financial assurance discussions during the Portfolio Performance Committee (PPC) meetings.
4. Developing mechanisms to improve and monitor implementers’ internal control mechanisms/environment.
5. Driving the identification, implementation and monitoring of financial capacity building priorities for countries of their portfolio.

Financial Data Quality and Triangulation:

1. Ensuring the accuracy and completeness of validated financial data for the assigned portfolio are duly documented in the relevant Global Fund Systems.
2. Ensuring that identification of ineligible expenditure has been optimal and that all identified non-compliant expenditures were communicated in a timely manner.
3. Ensuring that Pooled Procurement related disbursements are accurately reflected in the Principal Recipients financial reports.
4. Ensuring that the linkage and progress between programmatic performance for greater impact and financial progress has been assessed.
5. Ensuring that the effectiveness of controls and mitigating measures were tested.

The above responsibilities are expected to be performed to the best of their professional judgment and in accordance with the Global Fund Comprehensive Funding Policies, Grant Regulations, Financial guidelines and other operational procedures.

Qualifications

Essential:

1. Advanced Degree in Finance or accounting qualification.
2. A first-level university degree in Accounting, Finance, Business Administration and Economics or related fields may be accepted in lieu of an advanced university degree if the applicant has three additional years in a related function.

Experience

Essential:

1. Demonstrated extensive experience in financial analysis and decision-making.
2. The ability to bring stakeholders together and to facilitate discussions.
3. Influencing skills; as the job would involve grant negotiation.

Desirable:

1. Minimum 8 years of demonstrated professional experience in financial management.
2. Grants and finance management experience, preferably in the health, social or financing sector.
3. Experience of working within an international or regional sphere of activity.

Competencies

Languages:

An excellent knowledge of English and preferably a good working knowledge of French.

Organizational Competencies:

1. Global Fund awareness and mind-set.
2. Service orientation.
3. Drive for results.
4. Collaboration.
5. Interaction.
6. Adaptability.

Functional Competencies:

1. Analytical: Understanding of analytical techniques.
2. Audit & Investigation: Knowledge of and attentiveness to any signs of ineffectiveness.
3. Country Context: Awareness of political, economic and geographical factors.
4. Due Diligence: Ensuring an appropriate spend of money.
5. Finance: Knowledge/awareness of financial and accounting aspects.
6. Geopolitical awareness: Knowledge/sensitivity regarding social, political, economic realities.
7. Multicultural understanding: Sensitivity to multicultural differences.
8. Operational policy: Knowledge of the Global Fund operational policies.
9. Risk: Knowledge of the risk management process.
10. Strengthening systems for health: Knowledge of how strengthening health systems helps to prevent, detect and respond to future health crises.

Technical Competencies:

1. Ability to quickly and comprehensively identify financial risks.
2. Strong skills in financial accounting and reporting.
3. Strong skills in audit and assurance techniques.
4. A good understanding of public financial management systems.
5. Skills in risk identification, analysis and problem solving.
6. IT skills including proficiency in: ERP Systems, Microsoft Office.
7. Ability to multitask, coach and to 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: 03 September 2024

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