Country Finance Analyst - Nairobi, Kenya at International Fund for Agricultural Development

Deadline for Applications 16/11/2020

Organizational Unit Financial Management Services

Level NOB

Duration of Assignment 2 years

Organizational context
This Vacancy Announcement is for a national officer position in Kenya at the NO-B level. It is open only to nationals of Kenya.

The International Fund for Agricultural Development (IFAD) is an international financial institution and a specialized United Nations agency dedicated to eradicating rural poverty and hunger. It does so by investing in rural people. IFAD finances programmes and projects that increase agricultural productivity and raise rural incomes, and advocates at the local, national and international level for policies that contribute to rural transformation.

Post's organizational accountability
The Financial Operations Department (FOD) is a dynamic financial, strategic and responsive business partner and service provider fully supporting IFAD in developing its financial strategy and managing its financial, investments and material resources. FOD ensures that these resources are efficiently, economically and effectively used to achieve IFAD’s objectives in the long-term and deliver on its development commitments. The Financial Management Services Division (FMD) develops and oversees financial policies and project financial management practices in IFAD-funded operations, including financial reporting, audit, project liquidity management, fiduciary compliance and support. The division is responsible for IFAD’s financial management workforce including consultants.

The Accountabilities/key Results Include

The County Finance Analyst is responsible for ensuring the highest efficiency in financial resources management and the provision of accurate, thoroughly researched and documented financial information, effective delivery of financial services, transparent utilization of financial resources.

• Finance Business Partner
• Financial Management
• Agent of Change
• Managerial Functions


 

Country Finance Analysts work under the overall strategic, policy and management guidance of the Director FMD/ Chief Financial Management Officer and direct supervision of the Regional Finance Team Leader. They have dual reporting to the Regional Director responsible for the country to which s/he is assigned for activities not linked to financial management compliance, with day-to-day reporting to the relevant Country Director/Head of the IFAD Sub-Regional Hub. S/he works in close collaboration with the Country Directors (CD)/Country Programme Managers (CPM), and other programme management and technical staff to ensure consistency, cohesion, and synergy in the application of technical support and provision of programme development support.

Country Finance Analysts may be required, but not extensively, to travel outside of their own country to perform the work of the Organization.

Key results expected / Major functional activities

FINANCE BUSINESS PARTNER: The Country Finance Analyst is a reliable partner to the Department/Division/Unit where assigned to. S/He supports the Fund’s finance strategy and plans as well as models a commitment to financial integrity by acting as a responsive and constructive associate with a focus on results. The Analyst provides verbal and written advice and guidance to supervisors and staff on finance regulations, rules, and procedures, facilitating a mutual understanding of roles and fiduciary accountabilities in support of the integrity in the management of the Fund’s financial resources. The Country Finance Analyst’s focus is on building his/her knowledge base of the Fund’s governing structure, mandate, long-term business strategy, organizational dynamics, and culture.

FINANCIAL MANAGEMENT: The Country Finance Analyst is assigned a portion of financial operation and activities including:

• Overseeing a non-complex loans and grants portfolio(s) ensuring reliable and sound results of the financial management of IFAD projects and programmes;
• Participating directly in the project activities including the preparation of financial management assessments and review of Project design documents in relation to financial management (e.g. flow of funds, financial reporting, and audit);
• Contributing to legal documents and proposed covenants required to reflect sound FM arrangements and representing IFAD in financing agreement negotiations;
• Contributing to monitoring financial management (FM) in-country as part of supervision or implementation support missions and financial progress monitoring of ongoing projects and providing proactive financial management support and training as required and carrying out regular capacity building activities as required;
• Participating in contracting of financial management consultants to ensure full coverage of FM activities throughout the project cycle;
• Ensuring effective and accountable maintenance of data in the corporate FM systems.

AGENT OF CHANGE: The Country Finance Analyst maintains an awareness of and gets acquainted with the principles of change management and proactively undertakes the commitment of serving as a role model for transformation and capacity for acceptance of change. S/He uses a knowledge of results- based management and budgeting, enterprise resource planning (ERP) and other information technology to analyze and promote acceptance of new methods of work and automated work flows. At this level the Analyst manages change through consultations with finance colleagues and peers to ensure open and regular communications pertaining to current and planned changes in the Fund’s financial administration