Facility CFO Role and Responsibilities:
As the Chief Financial Officer (CFO) at the Civic Engagement Support Facility, your role is essential in ensuring the financial health and compliance of the facility's operations across Somalia, including Somaliland. You will oversee all financial functions including budgeting, financial management, and reporting, as well as asset management, working closely with colleagues in the Global Operational Support and Finance Team and the Somalia Country Office. Your expertise will be crucial in establishing robust financial systems and controls that align with Diakonia's standards and donor requirements. Reporting directly to the Project Manager, your responsibilities include:
Financial Strategy and Compliance
Develop and implement financial management strategies and policies, ensuring adherence to legal and regulatory requirements. Oversee all financial operations including budgeting, financial planning, and risk management. Prepare grant management procedures, financial management, and governance manuals for approval by the Executive Committee.
Budget Management and Financial Operations
Coordinate the preparation, monitoring, and adjustment of operating budgets for all Facility activities and funds. Process all financial transactions ensuring proper approvals, manage cash flow, and maintain up-to-date financial records. Ensure timely processing of payroll and other disbursements in accordance with local laws and organizational policies.
Reporting, Auditing, and Asset Management
Produce regular financial reports and coordinate annual audits in line with international standards for approval by the Executive Committee. Follow up on audit findings and recommendations to enhance financial governance. Manage the procurement and maintenance of assets, and ensure proper documentation and filing in compliance with donor requirements.
Stakeholder Engagement and Capacity Building
Act as the financial liaison to donors, ensuring compliance with their financial management requirements. Facilitate financial capacity building among partner organizations to ensure effective and sustainable program implementation. Manage contractual agreements with partners, and conduct quality assurance of grantees' financial management and reporting.
Experience and qualifications:
Bachelor's degree in accounting, Finance, Business Administration, Commerce, Economics or equivalent qualification
Must possess at least 10 years of professional experience in financial management and/or auditing, preferably in development or fragile, conflict-affected settings.
At least 5 years of post-degree working experience with multi-year development projects in Africa with budgets of at least USD 10 million.
Have experience developing financial-management set-ups, including manuals, agreements, reporting, and auditing arrangements.
Have experience with fund management or similar in a development context
Have experience in remote management and leading teams in multiple locations.
English language proficiency at level C1 according to the Common European Framework of Reference for Languages scale.
As a person, you are analytical, solution-oriented, creative, and a good team player.