Finance Officer

Duty Station                :Yangon Head Office, Myanmar (Yangon, with frequent travel to Area Offices and Bases)

Reports to                     : Finance Manager

Technical Supervision : Finance Specialist

Direct Reports              : No Direct Reports

Overall purpose of the role:

Under the supervision of the Finance Specialist (Partner Support & Cash Programming), the Finance Officer is responsible for day-to-day financial activities of the partners, review budget/budget revisions and other duties as per the JD. The staff will fulfil daily accounting tasks and assist in coordinating financial functions and services and producing relevant financial provisions and reports from the partners on a regular basis.

Geographic scope: Area (Myanmar)

This role has a country focus and ensures compliance to DRC procedures and guidelines within the country. The role contributes to the development of country strategies, which are translated into action plans and day-to-day tasks. The role provides support and/or technical guidance to DRC’s partners at the Country level.

Responsibilities:

Transfers and payments to Partners and Reconciliations

• In coordination with the Grants Team and Accounts, ensure that partner instalments tracked and disbursed as per the set milestones in the SGA by ensuring all payments to the partners are made on time and in accordance with existing DRC forms.
• Ensure all required partner documentation for financial audits in cooperation with the partners is accurately, sufficiently and timely submitted to DRC audit focal person.
• Ensure that payment documents comply with DRC internal financial procedures and donor regulations.
• Support the development and implementation of financial management capacity building and provide technical support and advice to the partner staff.
• Support Cash Programing management and review/ verify payment schedules.

Financial Management and Accounting

• Review all the partner reports together with the documentation before the partner project expenses are posted in DRC Dynamics. Support timely delivery of quality financial reports to the Budget Holders and other relevant internal stakeholders.
• Ensure all the partner expenses are entered into DRC Dynamics in time and are of the highest quality.
• Ensure that partner reconciliation and transactions settlement is conducted monthly.
• Review all partner cashbooks monthly to reflect the actual status of existing cash and bank balances and ensure all partner bank and accounts and statements are reconciled.
• Ensure to update partner lines in the FFU with real-time time information to reflect the actual status of partner expenditures.
• Ensure proper filing system for partner financial documents.
• Ensure all payments meet the requirements of National Law and engage with authorities, tax advisors or other stakeholders to ensure tax requirements are met accordingly.
• Contribute to the development of proposals with regards to budgeting in cooperation with relevant Budget Holders.
•  Compliance/regular auditing of partner financial reports with specific comments for learning and accountability.
• Ensure proper tracking and presenting of all partners and cash program financial data.
• Monthly financial report (with all supporting documentation attached to it) - Reporting as required.
• Correctly use DRC Dynamics functionalities in area of concern.

As Finance Officer the post-holder is responsible for the following:

• Minimize financial risks by ensuring that DRC financial policies and procedures as set in Operations Handbook and any other CO/RO/HQ instructions are strictly adhered to through predefined effective internal control system.
• Support to review and monitor partners’ financial reporting and capacity building as well as provide additional technical assistance to partners as necessary to maintain high standards of compliance.

*Any other duties relating to the nature of the job as requested by the Finance Manager.

Experience and technical competencies: (include years of experience)

• Minimum 2 years of relevant work experience in the financial/accounting field.
• Proven experience in managing large budgets. CT HR 1 Job Description 2
• Proven experience in working in INGOs and with national partners, local/government authorities.
• Working experience with relevant donors (e.g., UNHCR, ECHO, WFP, DFAT, UNOPS, UNICEF, SIDA or UNFPA guidelines)
• Advanced proficiency in Excel.
• Basic proficiency in PowerPoint and Word.
• Advanced English proficiency.
• Full professional fluency in written and spoken English and local language.
• Experience in working in NGOs.

Education/qualifications: (includes certificates, licenses etc.)

• University Degree in Finance/Accounting or Business Administration or equivalent professional qualification.
• Master’s degree in finance/accounting or business administration will be an added advantage.

All DRC roles require the post-holder to master DRC’s core competencies:

• Striving for excellence: You focus on reaching results while ensuring an efficient process. 
• Collaborating: You involve relevant parties and encourage feedback. 
• Taking the lead: You take ownership and initiative while aiming for innovation. 
• Communicating: You listen and speak effectively and honestly. 
• Demonstrating integrity: You act in line with our vision and values. 

Conditions

Contract: DRC will offer the successful applicant a DRC’s Regular contract included 3-month probation with the possibility of extension. This position opens for National. Salary and conditions will be in accordance with DRC’s Terms of Employment. The position is placed in Employment Band H-non management. This position is open for Myanmar National only.

Further information

For further information about the Danish Refugee Council, please consult our website www.drc.dk

Application and CV

Interest? Click  to apply position. Please send your application, in English, no later than 28th November 2023.

CV only applications will not be considered. We only accept applications sent online.

(Applications will be reviewed on a rolling basis, and shortlisted candidates may be contacted for interview/an offer made before the advertised closing date)