Job Summary:
The Finance Officer will be primarily responsible for the financial management of grants to ensure full compliance with donor rules and regulations. He/She will monitor pipelines, monthly invoices, and needs as required. This position will report to the Sub-Award Finance & Compliance Officer.
Position Responsibilities
- Work with assigned grantees to finalize their budgets and budget narratives, ensuring that all costs are reasonable and necessary; obtain documentation to support budgeted costs;
- Comprehensive analysis of grants terms and conditions to ensure that the sub-recipients have the organizational capacity or are able to acquire the necessary capacity to successfully perform and meet contractual obligations;
- Ensure that grantees’ financial status reports agree with their accounting records;
- Monitor that in-kind contributions of goods and services are supported by adequate documentation;
- Monitor that grantees’ financial management systems have adequate internal controls;
- Monitor the activities of sub-recipients as necessary to ensure that USG funds are used in accordance with the terms and conditions of the prime award;
- Expert interpretation of donor (USG) rules and regulations;
- Standardization of administrative procedures for efficient grants management;
- Development of contractual documents including templates and ancillary business forms;
- Capacity building and replication of contract portfolio management systems and best practices in award and sub award management.