Mercy Corps
Finance Coordinator – Subaward Compliance
Mercy Corps
1382 views
Posted date 28th January, 2025 Last date to apply 4th February, 2025
Country Pakistan Locations Islamabad
Category Accounting/Auditing
Salary -
Type Full Time Position 1

 Essential Job Responsibilities

  • Conduct regular financial reviews and monitoring visits to Partners/Sub-Recipients (SRs) to ensure all reported expenses comply with donor and Mercy Corps (MC) standards, as defined in subgrant agreements terms and conditions.
  • Ensure visits are organized in timely manner to all SRs as per the pre-approved monitoring schedule and perform necessary compliance checks in accordance with the MC Subaward Financial Management Policy.
  • Prepare financial monitoring visit reports using the prescribed MC template, incorporating all findings for MC internal reviews and approval and issue report to SRs along with management letter accordingly.
  • Follow up with SRs to ensure timely implementation of recommendations noted for corrective measures and improvement. Ensure timely recovery of disallowed cost (if any) as result of compliance reviews.
  • Review monthly/periodic financial reports from SRs to ensure reported expenses align with the approved budget and are error-free. Provide guidance to SRs for professional, accurate, and timely reporting.
  • Process disbursements and record SR expenses in the Microsoft Dynamics (Navigator) financial system promptly.
  • Assist line manager in the partner due diligence and selection process, following MC Subaward Financial Management Policy guidelines.
  • Analyse capacity gaps in coordination with the line manager and roll out approved capacity strengthening plans for SRs. Ensure partner staff and systems are equipped to mitigate risks of non-compliance and disallowances.
  • Initiate process for new subaward agreements and modifications in line with MC Subaward Financial Management Policy.
  • Ensure all data related to subaward management is filed and archived properly.
  • Assist the line manager in facilitating grant audits and reviews, particularly for subaward components.
  • Report any system weaknesses or procedural gaps to the supervisor and recommend corrective actions.
  • Assist in the reconciliation of financial reports with program activity reports for MC field offices and partner organizations, in collaboration with program staff.
  • Report any misappropriation of financial resources to MC Pakistan management through the supervisor.
  • Assist in the implementation of project activities, particularly subaward activities, ensuring smooth coordination between grants and compliance functions.
  • Maintain close coordination with partner focal points and senior management to ensure smooth grants and compliance management.
  • Participate in budgeting for new grants, including Concept Notes, detailed budgets, and modifications of grants.
  • Support in updating and reconciling the inventory list for year-end reporting for Mercy Corps and SRs.
  • Assist with any other assigned tasks to ensure smooth project and subaward management.

Apply By:

https://recruiting2.ultipro.com/MER1024MERCY/JobBoard/6d4e8597-fa4e-4ef2-9c2c-5e0602922407/Opportunity/OpportunityDetail?opportunityId=d844bba5-299e-4ac2-96dd-d57e83bb7fa4

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