Specialist, Public Financial Management

☞ The Global Fund

View: 103

Update day: 24-03-2024

Location: Genève Genève GE

Category: IT - Software Legal / Contracts

Industry:

Loading ...

Job content

Role Summary Reporting to the Manager, Country Financial Management Strengthening and Innovation, the Specialist, Financial Management is s shared role either responsible to coordinate the management of the “Resilient Sustainable System for Health (RSSH) component for financial management” including Strategic Implementation Plan (SIP) monitoring, reporting and oversight for a group of countries in close collaboration with the Grant Finance Managers and Finance Specialists or coordinate the implementation of innovative financing mechanism including Payment for Result and Mobile Money etc.

They will coordinate the implementation of the Global Fund financial strategy to improve financial management capacity, systems and expenditure reporting of Principal Recipients and key implementers. They will provide professional financial services to Country Teams and also technical input in the design and implementation of a robust expenditure reporting structure using a differentiated approach based on risk and investment coverage.

At the corporate level and to influence strategic decision making, this role is key to maintaining the integrity of financial solutions through the design of efficient requirements for grant implementers. This position will interact with internal and external stakeholders of the organization (Grant Financial Management, Grant Management, implementers, accounting software developers, and other development Partners…) and will provide support in projects and design of systems for the flow of financial data to/from implementers and partners of the Global Fund.

They collaborate with Grant Financial Management teams, Implementer and other relevant stakeholders on design and implementation of innovative financing mechanism to ensure effectiveness and efficiency in the use of grants fund. They also coordinate with Health Finance Department and other relevant stakeholders on effective engagement, establishing strategic relationship and collaboration with the International Financial Institutions (IFIs) to drive an accelerated Innovative Financing implementation with a focus on “deals-executions” through joint investments to catalyze Global Fund resources for greater impact.
Key Responsibilities
Under management oversight of Manager, Country Financial Management Strengthening and Innovation, the Specialist, Financial Management is responsible to:
  • Influence and ensure that the Global Fund financial reporting requirements and data model provides strategic information for decision-making (e.g. governance, management) and reporting to major donors (e.g. US, EU etc.) of the organization and partner institutions (e.g. WHO National Health Accounts);
  • Lead the design and roll-out of improving implementers capability to comply with the Global Fund financial/expenditure reporting requirement through:
    • Chart of Account mapping and reconciliation of implementers accounting systems to the Global Fund financial and expenditure reporting requirements for the key portfolios;
    • Coordination with Grant Management and Grant Financial Management to ensure that financial reporting has been sufficiently integrated in the Capacity Assessment Tool (CAT) in order to identify the gaps in financial reporting; and
    • Interaction with grant implementers and the software developers to integrate the reporting requirements as standard functionalities.
  • Collaborate with the Fiduciary Risk Oversight team and Risk Department to assess the impact of capacity strengthening actions and FMIR results on existing mitigating measures/safeguards for financial risks (including triggers for fiscal agent/ASP/Zero cash policy transition, application of flexibilities etc.);
  • Engage and support the Fiduciary Risk Oversight team in the execution of quality assurance and deep-dive missions/reviews to better understand and identify the root-causes of financial risks at country level and provide relevant recommendations;
  • Contribute in the specification, and revision of the corporate financial dashboard;
  • Demonstrate core knowledge on financial systems, processes and procedures in order to provide accurate guidance to internal and external stakeholders;
  • Coordinate the design, and institutionalization of differentiation in financial management strategies for grant budgeting and expenditure reporting based on risks and investments;
  • Collaborate with key capacity strengthening providers (e.g. GMS, French 5%, GIZ etc…) in the training/on-boarding of external finance consultants on the minimum financial management/reporting requirements of the Global Fund;
  • Work directly with the Fiduciary Risk Oversight team to ensure alignment of the grant assurance with Financial Management Strengthening to improve the identification and mitigation of emerging risks in an efficient manner and perform quality assurance and compliance;
  • Collaborate with the Private Sector team, Grant Finance Managers and Country Teams on the Global Fund engagement with private sector institutions in the scoping and monitoring of in-country assignments of private sector related financial management support for grant implementation;
  • Collaborate with the Communication Department and other internal stakeholders in developing a concrete communication and training plan for internal and external stakeholders to ensure efficient implementation of finance changes;
  • Develop and implement the innovative financing mechanism;
  • Coordinate, engage, establish strategic relationship and collaborate with internal and external stakeholders on effective design and implementation of innovative financing mechanism; and
  • Collaborate with Health Finance Department to drive an accelerated Innovative Financing implementation with a focus on “deals-executions” through joint investments to catalyse Global Fund resources for greater impact.
The above responsibilities are expected to be performed in accordance with the Global Fund Comprehensive Funding Policies, Grant Regulations, Financial guidelines and other operational procedures.
Subject to change by the Executive Director at any time at his sole discretion.
Qualifications
Essential:
  • Advanced Degree in Finance (Masters in Finance or MBA Finance) or accounting qualification (professional qualification such as a Chartered Accountant, Certified Public Accountant, Certified Financial Analyst, Fédération des Experts-Comptables Européens).
  • 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 with a Finance Department performing similar tasks in the last 1-3 years.
Experience
Essential:
  • Demonstrated extensive experience in financial analysis and decision-making, obtained within an international accounting firm, bilateral or multilateral aid agency, government department, industry, or a commercial or investment bank.
  • Ability to deliver change in financial management in challenging environment with a solid approach to change management.
  • Strong skills in communication, and stakeholder management.
  • Good business focus, result-orientated with ability to influence stakeholders to ensure effective & impactful investment cases and use of resources for grant implementation.
Desirable:
  • Minimum 8 years of demonstrated senior professional experience in financial management (including auditing, accounting controlling etc..) and analysis.
  • Grants and finance management experience, preferably in the health, social or financing sector would be an advantage as well as relevant experience in developing countries.
  • Experience of working within an international or regional sphere of activity.
  • Negotiation and influencing skills.
  • Experience in capacity strengthening of financial management systems and processes that enhances internal controls and reporting.
  • Project management experience, preferably in the health, social or financing sector would be an advantage.
Languages:
An excellent knowledge of English and preferably a good working knowledge of French. Knowledge of other languages would be an asset .
Organizational Competencies:
  • Global Fund awareness and mind-set level 2
  • Service orientation level 2
  • Drive for results level 2
  • Collaboration level 2
  • Interaction level 2
  • Adaptability level 2
Functional Competencies:
  • Analytical: Understanding of analytical techniques related to assessment of quantitative and qualitative information. Level 2
  • Audit & Investigation: Knowledge of and attentiveness to any signs of ineffectiveness, fraud, corruption or abuse of human rights in the Global Fund’s operation.Level 2
  • Country Context: Awareness of political, economic and geographical/infrastructure factors specific for each of the served countries, enabling advisory and true assistance (instead of “one-fits-all” approach). Level 2
  • Due Diligence: Ensuring an appropriate spend of money by means of making informed decisions and initiating actions only after investigating all facts, conditions, rules, laws, regulations, financial considerations, or any other such matters. Level 1
  • Finance: Knowledge/awareness of financial and accounting aspects related to the Global Fund’s services. Level 3
  • Geopolitical awareness: Knowledge/sensitivity regarding social, political, economic realities and dynamics in specific geographies in order to use appropriate influencing and dialogue strategies, respond to challenge and problem arising. Level 2
  • Multicultural understanding: Sensitivity to multicultural differences and general awareness of how they impact cooperation, ability to use it in cooperation with partners representing other cultures. Level 2
  • Operational policy: Knowledge of the Global Fund operational policies related to grant cycle. Level 2
  • Risk: Knowledge of the risk management process: identification, aggregation, mitigation, monitoring and reporting of the risks associated with a grant making organisation that operated in high risk & challenging operating environments. Level 2
  • Strengthening systems for health: Knowledge of how strengthening health systems helps to prevent, detect and respond to future health crises and reduces risks for individuals and communities. Level 3
Technical Competencies:
  • Ability to quickly and comprehensively identify financial risks
  • Strong skills in financial accounting and reporting;
  • Strong skills in audit and assurance techniques;
  • A good understanding of public financial management systems
  • Skills in risk identification, analysis and problem solving;
  • IT skills including proficiency in: ERP Systems, Microsoft Office Word, Excel and Power Point; and
  • Ability to multitask, coach and to delegate, as appropriate
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.

More information on working at the Global Fund is available on the
Careers
section of our main website.
Job Posting End Date
31 January 2024
Loading ...
Loading ...

Deadline: 08-05-2024

Click to apply for free candidate

Apply

Report job
Loading ...
Loading ...

SIMILAR JOBS

Loading ...
Loading ...