Summary
Date Posted: Thursday, September 05, 2019 , Base Salary: Not Disclosed

JOB DETAILS:
Ministry Of Infrastructure .

Job Responsibilities:
• Ensure that withdrawal requests for reimbursements from WB are prepared and submitted to the GoR and to WB through MININFRA on a timely basis and in accordance with WB procedures to replenish the Designated Account(s). Ensure that Statements of Expenditures (SOEs) supporting withdrawal requests accurately reflect qualifying project expenditures and that underlying documents that verify these expenditures are retained and available for review as required;
• Ensuring periodic (at least quarterly) reconciling project records with WB records relating to disbursements from the WB Credit. Project records and bank statements should be reconciled more frequently, at least monthly;
• Ensure timely preparation and distribution of integrated quarterly financial management and project management reports and annual project financial reports and statements required by WB, under the provisions of the Financing Agreement, as well as by the Government of Rwanda. Provide any special financial reports that may be required from time to time on specific aspects of project’s financial progress or position as may be requested by WB and/or the Government;
• Ensure that annual project budgets are consistent with agreed program activity levels and expenditures and that budgetary allocations for the project are available to meet projected cash flow requirements for contract payments, pending reimbursement by WB, and for administrative expenditures;
• Work hand in hand with the external auditor during the auditing exercise of the project for the given financial year period and ensure that effective annual audits are timely commenced and completed in accordance with the WB requirements;
• Work with LODA - SPIU to provide capacity building to the financial management staff at Districts level and COK especially in reporting formats for the World Bank and to update the financial status of the project on quarterly basis.
• Guide LODA - SPIU to provide capacity building to the financial management staff at Districts level and COK to ensure that the financial reports enable monitoring the financial viability of the projects developed under RUDP, but also enable third parties (GoR, WB, and auditor) to assess the financial health of the Districts and CoK.
• Oversee all project implementers in financial management, accounting and reporting for projects.
• Initiate a template for filling of all financial expenditures incurred by all implementing agencies and to update the status of financial stand of the project
• Support LODA - SPIU to monitor, guide, control, and approve the work of the special PFM consultants hired for analytic and advisory work and training on the field of revenue and expenditure management.
• Regularly compile all local entities’ reports, SPIU and Districts reports and submit to World Bank.
Deliverables
• Preparing the consolidated monthly report and financial statement using the format issued by the Ministry of Finance and Economic Planning and to be submitted to MINECOFIN not later than 15th date of each month.
• Preparing the quarterly and annual consolidated report and financial statement that captures the expenditures with respect to component allocated budget and submitted to the World Bank within the given specified reporting period.
• Preparing the monthly withdraw application and to be submitted on Monthly basis in the client connection for replenishment purpose.
• Reviewing the project spending and advising the stakeholders any required budget relocation to improve on the project budget disbursement and effective project management.

Job Skills: Not Specified

Job Qualifications:
• Master's degree in finance/accounting management, or related field with 5 years of experience in financial management positions or Bachelor’s degree in the same field with 10 years of working experience in financial management positions.
• The Public Financial Management Specialist should hold a valid professional accounting qualification that is recognized in Rwanda and should have at least 10 years post qualification experience in a senior accounting position in a public or private sector.
• Possessing an accredited certificate in either ACCA or CPA is an added advantage
• Having proven track of record in the World Bank operations or other donor funded operations is a bonus. This would include experiences in revenue and expenditure management and procedures and familiarity with the respective regulations, rules, and procedures in Rwanda;
• Having strategic skills, innovative and programmatic in problem solving that actively shapes, drives and provides high level contributions for effective management of the project.
• Demonstrated ability to deliver high quality outputs while working under pressure and within tight time schedules, as well as providing effective implementation support.
• Good working level of familiarity with modern financial management systems, including financial accounting systems, budgeting and control system, and computer skill are essential.
• Strong interpersonal, leadership, and coaching skills and orientation as a team member;
• Excellent writing and verbal communication skills especially report writing skills and fluency in English.

Job Education Requirements: Not Specified

Job Experience Requirements: Not Specified

{module 312}

Job application procedure
Follow the link below to apply http://recruitment.mifotra.gov.rw/Applications/Apply/4040 

All Jobs

QUICK ALERT SUBSCRIPTION