Accounts Section Leader, FMU
Duty station: Mogadishu, Somalia
Position title: Accounts Section Leader,
Reporting to: Head of the FMU, Ministry of Finance and Planning, Somalia
Duration: 12 months
Date of issue: 8/6/2013
Closing Date: 14/6/2013
Background:
The Special Financing Facility (SFF) has been established as a mechanism to channel financial support from international donors to the Federal Government of Somalia (FGS) to support its recurrent budget deficit, while also providing capital financing for selected local development initiatives that will enhance the Government's credibility with the local population. The SFF will be implemented by the Ministry of Finance, which is establishing two units for SFF implementation and financial management. The units will be located in the Ministry of Finance. The Ministry will be supported by an externally-recruited Financial Agent (FA) who will provide fiduciary assurance and support the operations of the two units.
The Financial Management Unit (FMU) will be responsible for managing the SFF local accounts, approving contracts, processing payments, preparing withdrawal applications for submission to the Administrator, maintaining financial records and making all payments made through the SFF available for audit scrutiny. The FMU will be expected to prepare monthly financial statements for scrutiny by the Operational Committee, and quarterly financial statements for submission to the Oversight Board. The FMU will also prepare regular statements for the Minister of Finance to submit to Parliament and make publically available through the SFF website and other communication channels.
Essential functions:
Reporting to the Head of the FMU, the Accounts Section Leader will ensure that the Accounts Section maintains accurate and up-to-date books of account. In particular, the Accounts section will be responsible for:
- Establishing and maintaining the SFF’s financial reporting system (Chart of Accounts)
- Recording all SFF accounting entries and expenditures transactions according to the SFF's financial reporting system
- Reconciling cash books with bank statements on a monthly basis
- Maintaining the SFF General Ledger, containing separate folios for major expenditure items under each of the SFF expenditure categories, and posting trial balances on a monthly basis
- Maintaining the SFF Vote Book, which provides information on financial commitments on contracts, payments made to date, contract values, and uncommitted balances for each expenditure category
- Preparing the SFF’s monthly, quarterly and annual financial statements
Required qualifications:
- Professional qualification in accounting
- Minimum of 5 years of relevant working experience in financial and administration management
- Demonstrated experience in managing teams
- Strong communication and representation skills.
- A drive for results in a relatively high-volume, quick-paced programme environment, creativity and analytical capability required to respond to evolving programme demands and current events.
- Strong inter-personal skills and ability to work within and build a team environment, ability to provide both detailed and strategic analysis, excellent communication and negotiation skills, ability to work effectively and harmoniously within a diverse work environment.
- Ability to adapt and cope with changes.
- Excellent computer skills.
- Written and spoken fluency in Somali and English required.
Interested and qualified candidates are requested to submit online applications only according to the following procedure
- An updated CV; and an application letter which should include contact information for three work-related referees.
- Hand delivered applications will no longer be accepted.
- Applications that do not meet the above requirements will be disregarded
- Only shortlisted candidates will be contacted.
- Send your application on the following both emails: [email protected]. /[email protected]
QUALIFIED FEMALE CANDIDATES ARE PARTICULARLY ENCOURAGED TO APPLY