Chemonics International Inc.
Accountant (Climate Finance for Development Accelerator (CFDA) Pakistan Climate Financing Activity (PCFA) Buy-In
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Posted date 20th November, 2023 Last date to apply 10th December, 2023
Country Pakistan Locations Islamabad
Category Development Sector
Type Full Time Position 1
Experience 5 years
Status Closed

I.         Program Overview

Chemonics International, a US-based international development firm, is implementing the USAID Climate Finance for Development Accelerator (CFDA). CFDA is accepting applications from qualified professionals for the anticipated buy-in activity, the Pakistan Climate Financing Activity (PCFA). PCFA aims to mobilize public and private, domestic and international finance for increasing clean energy generation, clean energy systems’ resilience, and adaptation efforts through policy reform, awareness raising, and targeted activities to enhance the role of the private sector in Pakistan. PCFA has two primary objectives:

  • Objective 1: De-Risking and Catalyzing Investments in Clean Energy. Under Objective 1, PCFA will support the capacity and linkages for multilateral climate finance proposals for multilateral climate funds (Green Climate Fund, Green Environment Fund, Adaptation Fund). PCFA will build the capacity of relevant ministries in Pakistan for targeted proposal development support, support eligible local entities to become GCF Direct Access Entities (DAEs), and provide a platform for donor coordination. PCFA will also support the private sector, with the goal of building a pipeline of bankable and investable clean energy projects and firms, and linking those projects and firms withclimate financing.  
  • Objective 2: Catalyzing Investment in Resilience and Adaptation. Objective 2 aims to unlock and catalyze public and private finance to strengthen the climate resilience of Pakistan’s energy sector, catalyze investment into other sectors for developing climate-resilient infrastructure, and support the country’s National Adaptation Plan. PCFA will focus on improving the enabling conditions for investment, including shifting market incentives towards climate-smart investments, and increasing public funding allocated to achieving adaptation goals. PCFA will also seek to build capacity of relevant public and private institutions to adapt to climate change through awareness raising.

Chemonics seeks a senior international development professional to serve as Accountant of this activity.

   II.         Principal Duties and Responsibilities

  • Manage the accounting cycle, including the processing of accounting transactions in accordance to the general principles of accounting and Chemonics policies and procedures and preparing appropriate documentation of journal entries, payment requests, and general ledger reconciliations.
  • Ensure that incurred costs are allowable, allocable, and reasonable in accordance with USAID cost principles and Chemonics policies and procedures.
  • Review and approve accounting and supporting documents and transactions to ensure accuracy, completeness, and compliance with Chemonics policies and procedures and USAID regulations.
  • Prepare and/or review ad hoc analysis and reporting as needed.
  • Monitor preparation and perform analysis of financial reports relative to budget and monthly forecasting.
  • Oversee monthly wire transfer requests for submission to the PMU and manage local bank account to ensure sufficient availability of funds for project needs.
  • Review the internal financial control systems to ensure that appropriate mechanisms, procedures, and systems are in place.
  • Ensure proper safeguards of funds and compliance with established USAID and Chemonics financial and accounting procedures.
  • Liaise directly with the Chemonics headquarters Field Accounting Support Team (FAST) on ABACUS system set up and any ongoing issues or reporting.
  • Prepare and process timely financial reporting using ABACUS system, including monthly accrual/projection spreadsheets, and ensure timely submission for review.
  • Support the Grants and Subcontracts Specialist on strengthening sub-awardees financial capacity to ensure they follow USAID regulations, including review of financial statements, policies/procedures, and grantee pre-award risk assessment.
  • Assist with budgetary and financial aspects of grant proposals and planning for implementation/procurement and cash disbursement needs for grants implementation.
  • Assist the Operations Specialist in all aspects of project accounting and financial management, particularly strict adherence to Chemonics policies and procedures, USAID rules and regulations, and Pakistani law.
  • Prepare submission of all tax withholdings (payroll income tax, deduction at source) to relevant parties.
  • Assist the Operations Specialist in ensuring all Pakistan-specific accounting and tax requirements are met, prepare GST exemption packages in accordance with USAID guidelines.
  • Prepare payroll and ensure allocation of payroll costs to appropriate general ledger accounts.
  • Work closely with internal and external auditors during field program audits.
  • Support the Operations Specialist, PCFA Team Leader and PMU as a liaison to other administrative and technical components to manage project financial budgeting and expenditure progress.
  • Perform other duties as required or assigned.

 III.         Required Skills and Experience

  •  Bachelor’s degree in related field required. Master’s degree strongly preferred. Association of Certified Chartered Accountants (ACCA), Chartered Institute of Management Accountants (CIMA) or equivalent professional qualifications preferred.
  • Minimum of 5 years relevant experience; prior USAID experience preferred.
  • Excellent interpersonal and communication skills.
  • Demonstrated experience working independently, as well as in collaboration with multiple stakeholders and project implementation teams.
  • Fluent English oral and written communication skills are required. Urdu language skills required.  

 IV.         Reporting Position Location

The Accountant will report to the Operations Specialist. The position will be based in Islamabad, Pakistan, with intermittent travel in country.

Apply By:

V. Submission Guidelines

Interested applicants should kindly submit a Resume and Cover Letter with the subject line: Accountant PCFA to [email protected] 5:00 PM December 10, 2023. Applications will be accepted on a rolling basis. No telephone inquiries, please. Finalists will be contacted.

Chemonics is an equal opportunity employer and does not discriminate in its selection and employment practices on the basis of race, color, religion, sex, national origin, political affiliation, sexual orientation, gender identity, marital status, disability, genetic information, age, membership in an employee organization, or other non-merit factors.

Requirements


  1. Requires you to add cover letter.
  2. Resume attachment is required.
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