Job Description

Report to:Finance and Administration Manager

Duty station:ZACH Head Office, Harare

Closing Date:24 September 2024

Job Summary

The Financial Analyst is responsible for reviewing and monitoring multiple component activity budgets and expenditures in a professional manner. This position requires excellent knowledge of U.S. Government grants, contracting and auditing standards as they apply to effective management of multi-year funds and someone with prior experience with budgeting, forecasting, financial analysis and management reporting.

Duties and Responsibilities

• Creates, reviews, and monitors multiple component activity budgets and expenditures.
• Collaborates with programme staff & other offices to update cost-to-complete analyses periodically.
• Using appropriate financial tools, track all unit costs for all the projects supported.
• Continuously extract and analyze expense report to review with workplan implementation.
• Maintain an online cost tracking system and ensure compliant monitoring and reporting on cost centre/budget expenses.
• Uses financial systems to produce reports, analysis, financial models and databases.
• Interprets and provides explanation for discrepancies and variations in financial data and ensure compliance with Generally Accepted Accounting Procedures (GAAP).
• Assist in maintaining financial, grants, and/or administrative reporting and tracking systems and provide related performance updates on activities.
• Compiles data and information to enable capacity building through training and mentoring relevant project staff and implementing partners on managing and monitoring activity costs.
• Responsible for ensuring the timely and quality completion of all reporting requirements.
• Perform fund reconciliation reports and process appropriate corrections
• Assure completeness of supporting documentation and accuracy of entries for financial reporting on standardized forms and document filing.
• Ensure comprehensive analysis of actuals vs budget, forecasts, trends (in year and year on year), KPIs and benchmarks to identify risks and opportunities and advice on response – for both in year and future years in budgeting.
• Ensure sound funding models are developed and implemented as appropriate
• Maximise the implementation of Enterprise Resource Planning (ERP) and M&E Systems and related Business Intelligence tools to ensure simpler, speedier and more insightful analysis (for both actual versus plans) is provided in a more engaging way, thereby reducing shortcomings in systems, skills and capability.
•

• Analyze past results, perform variance analysis, trends, and make recommendations for improvements.
• Excellent with reconciliations, integrated forecasting, reporting, and tracking of operational metrics.
• Provide insights and analysis to ensure financial resources are allocated or reprioritised for maximum impact while ensuring non-overspending to support the successful delivery and implementation of interventions.
• Assist in business development through supporting proposal preparation (new and continuous applications) and assisting in the preparation of new budgets and operating plans.

Qualifications and Experience

Requirements:
-Excellent knowledge of U.S. Government grants, contracting and auditing standards as they apply to effective management of multi-year funds.
-Prior experience with budgeting, forecasting, financial analysis, and management reporting.
-First degree, articles and complete professional qualification
-Familiarity with data query/data management tools is extremely helpful (Access, SQL, Business Objects). -Strong quantitative and analytical competency