Financial Management Specialist Career Opportunity in Kampala, Uganda

Job Title:        Financial Management Specialist
Job Location:   Kampala, Uganda
Employer:    The Global Partnership for Education (GPE) Program

About Us:
The Global Partnership for Education (GPE) Program is a programme where various donors pool funds together to support low income countries towards the achieving the Millennium Development Goal (MDG) of Universal Education For All (EFA) and gender parity in education.

In July 2011. Uganda became eligible for a grant from the Global Partnership for Education (GPE) Fund (GPEF) as support towards the implementation of the Education Sector Strategic Plan (ESSP). In November 2013, Uganda's Application for the grant worth USD $100M was approved by the GPE Board. The development partners, in consultations with the Government of Uganda endorsed the nomination of World Bank to act as the Supervising Entity for the grant.

The Project Development Objective is to support the Government of Uganda in improving teacher and school effectiveness in the public primary education system. The project is centered on improving education service delivery at teacher, school and system level to realize meaningful gains in pupil achievement in primary grades.

Job Overview:
The Financial Management Specialist will be responsible for the financial and administrative functions of the Project The TA/FMS will manage and monitor all the financial activities of the project in line with the international and the Government of Uganda (GoU) financial regulations while ensuring compliance with the Local Education Group audit and fiduciary requirements, and performing analytical work on financial management and financial accountability issues

Job Major Requirements:   

• A Bachelor’s degree in Commerce (Accounting) Business Administration (Accounting), Accounting, Finance or its equivalent from a recognized university.
• Professional full accounting qualification preferably in CPA. ACCA or equivalent is a must.
• A post graduate qualification in Financial Management. Business Administration or related field is an added advantage
• At least five (5) years’ practical experience in financial           management            or related accounting duties in a public or private institution.
• At least three (3) years’ experience in financial            and accounting procedures of GOU and donor funded projects is an essential requirement.
• Extensive knowledge of the GoU IFMS system will be an added advantage.
• Possess the ability to prepare and interpret financial statements and books of accounts, including management accounts.

Job Duties:

•     Developing financial plans and budgets for the project in consultation with the head of Budget of the MoES.
•     Managing disbursement of funds for project activities in liaison with the head of accounts at MoES
•     Responsible for the preparation of monthly, quarterly and annual financial reports as per the reporting requirements
•     Development and implementation of project internal controls for proper management of project financial and physical resources
•     Conduct periodic evaluation of the project financial performance against the project objectives
•     Reporting periodically on financial programme activities in line with the reporting guidelines
•     Facilitation of the audit of the annual financial statements
•     Conduct responsibilities of a Financial Management Specialist as a full member of a multi - disciplinary team for a variety of operational and tactical tasks for both daily operations as well as analytical financial work;
•     Prepare and submit justifications to the World Bank in form of a statement of expenditure for Special Account advances,
•     Take a leading role in the preparation of the Projects Implementation Documents and Operations Manuals;
•     Compile and submit quarterly and annual budgets, monitor and report on financial trends and prepare replenishment applications to GoU and World Bank respectively as per the guidelines
•     Produce within agreed timeframes and in the standard formats, monthly financial statements and financial management reports to aid management decision making
•     Support the head of accounts in the preparation of quarterly and annual reports for presentation to the LEG and other interested parties;
•     To implement adequate internal controls for management of project financial and physical resources to ensure effectiveness, efficiency and economic use of resources.
•     Evaluate the project financial performance against projected funding obligations for the determination of expenditure priorities and timely replenishment of funds
•     Manage disbursement of all project funds for project activities in accordance with the existing internal controls to ensure avoidance of fraud, theft and financial mismanagement
•     Actively coordinate the accounting and financial arrangements for the different components and categories of projects
•     To coordinate the timely annual financial audit and the value for money audit of the project

Deadline Date: 30/04/2014

How to Apply:
Please send your applications to:
The Assistant Commissioner, Human Resource Management,
4th Floor, Embassy House,
Ministry of Education and Sports (MOES),
Kampala, Uganda.