Director of Finance Full Time NEW

Under administrative direction of the Country Director, the Director of Finance is a key member of the management team and implements financial policies, strategies, and plans; leads the finance team and directs the financial activities of the organization. Builds motivated and productive work team capable to implement strategic plan of the organization; develops proper monitoring and follow-up systems to ensure financial sustainability; provides advice and support to managers and functional department on Financial Management. Plans, organizes, directs and leads all the financial activities and evaluates the performance of the finance team.

1. DUTIES/TASKS
2. Senior Management Team Contribution

• With support from Country Director, contribute to planning and leading a regular MSIE Strategic Review and Planning process;
• Contribute to the development of short- and long-range organisational objectives as well as assessing progress towards objectives and programmatic effectiveness;
• Ensure that all policies, systems and standard operating procedures are followed in the process of program planning, procurement and implementation;
• Develop realistic plans with all department to minimise risk and maximise effective response;
• Advises the SMT on innovative financing options to pay for health services (e.g. insurance, vouchers, service agreements with companies) that lead to new business opportunities for MSIE;

B) Delivering Sustainable Business Growth

• Develops and review business cases for future opportunities with clear ROI and business impacts;
• Identifies opportunities for expanding MSIE’s operations into new services to enhance the financial sustainability of the organization;
• Provides financial assessments of potential investments in new facilities, services or renovation of facilities.
• Contributes to periodical reviews of MSIE’s fee schedules;
• Defines financial indicators that allow to systematically track cost efficiency of different areas of operation;
• Establishes efficiency indicators on a monthly or quarterly basis.

C) Financial Management

• Ensures effective financial management and accounting systems, in line with MSI Global partnership and national and international standards, are established, used and maintained;
• Ensures that all financial transactions of MSIE are in line with the organization’s policies and procedures;
• Ensures MSI Ethiopia adheres to all local statutory obligations;
• Monitors cash flow and expenditure against budget; advises the CD on possible corrective action.
• Ensures policies, standards and guidelines provided are properly implemented;
• Ensures all audit recommendations are implemented;
• Develops new donor budgets to support proposals with accurate costing;
• Monitors grant funds; ensures expenditures are in accordance with the approved grant document.

D) Financial System Development and controlling

• Identifies internal control weaknesses and develops policies, systems, and procedures to address such weakness;
• Ensures all finance staff and other managers understands the organization’s financial policies, procedures, systems, and application software;
• Provides appropriate technical support and participates in target setting and in the financial planning process;

E) Financial Reporting and grant management

• Reviews and sends accurate and timely monthly, quarterly and year-end financial and statistical reports to MSI;
• Ensures that grant reports are prepared and sent to donors via MSI in accordance with the grant document;
• Ensures that program budget utilization, cash handling, recording, reporting and maintenance of documentation comply with MSI/MSIE’s standing guidelines.

F) Team Management and Development

• Ensure team working and knowledge sharing are facilitated.
• Ensures all team members in the department are developed, motivated and engaged so as to continuously improve work performances.
• Ensure proper KPIs are developed commensurate with the department’s annual objectives and timely performance appraisal are conducted for the team members working in the department.
• Coach and mentor team members who are directly reporting.

G) Tax Administration

• Lead tax health check of MSIE and address issues
• Ensure all tax and customs are calculated accurately and paid to responsible body timely

1. PERSON SPECIFICATION
   1. Qualification Requirements
      1. Education:

• MA or MBA in Financial Management or BA degree in Accounting plus ACCA Certificate
  1. Experience
• Eight/Ten year’s directly relevant experience of which 2/4 years in a managerial position.

1. Skills, Attitudes and Attributes

• Proven financial management experience at senior level;
• Experience of donor fund management at country level;
• Knowledge of various donors financial Policy and procedures;
• Ability to produce financial statements on time;
• Advanced Computer Skill;
• Experience of International NGO or Private Sector Business;
• Strong commitment to the mission and vision of Marie Stopes International
• Proven skill in handling profitable commercial ventures (preferably health care services)
• Knowledge of various business management policies and regulations
• Excellent commend of written and spoken English is essential;
• Excellent computer skills, including Word, Excel , PowerPoint and Outlook;
• High level of interpersonal communication & negotiation skills;
• Strong work ethic and ability to meet deadlines;
• Strong working knowledge of business practices;
• Leadership skills – demonstrated ability to build effective teams;
• Advanced analytical and organizational skills;
• Proven strategic planning skills;
• Inspirational and persuasive;
• Collaborative approach to team working;
• Strong personal commitment to the goals of MSI
• Pro-Choice