Location: Yerevan, Armenia
Category:
Type: Full Time
Deadline: 15-Jun-17 00:00:00
Salary:
Description
The Head of Finance Management/ Chief Accountant will be responsible for the financial management of the Projects (hereinafter Project(s) implemented by the TPIO and will ensure that procedures required by the RA legislation, Project Donor's Policies, Loan Disbursement Handbooks and Financial Management Manuals are in place and are strictly followed, specifically related to financial flows, payments, accounting, financial reporting, annual financial and probity audits, and record keeping. He/ she serves as liaison between the MoTCIT, the Ministry of Finance and Project Donors as well as develops and maintains direct relationships with government authorities.
Responsibilities
- Design, develop and maintain the overall financial management system of the Projects;
- Provide monthly and quarterly financial reports to the Project Director, quarterly and un-audited financial reports to the MoTCIT and Project Donors;
- Oversee management of Project accounts and the preparation of Periodic Financial Requests (PFR) for subsequent tranches and withdrawal applications, ensuring that Projects' funds flow on a timely basis and special accounts are replenished on time;
- Participate in the preparation of annual working plan;
- Ensure that all project accounts are maintained in accordance with the applicable regulations for auditing by independent auditors acceptable to the Donors and on the terms of reference acceptable to the Donors;
- Verify disbursement information in signed contracts against the Legal Agreements (the disbursement schedule and disbursement letter);
- Maintain procedures for collecting, checking and preparing documentation required for verifying Contractors, Suppliers and Consultants invoices. Ensure that all payments are made on a timely basis and according to contract terms and conditions as well as in accordance with Donors relevant guidelines, regulations, legal agreements and other applicable documents and legislation of the RA;
- Review the project annual financial statements for the audit and coordinate the audit arrangements of the projects and cooperate with the auditors; ensure that audited project financial statements are submitted to the Donors in accordance with the respective loan agreement requirements;
- Cooperate with the Donors missions in conducting regular financial management supervisions of the projects and properly address the observations and recommendations provided;
- Perform other tasks assigned by the TPIO's General Director and Deputy Director;
- Assist external/ internal audit process.
RequiredQualifications
- University degree in Accounting, Finance, Business or Public Administration;
- At least 10 years of finance management experience in areas of accounting, budgeting, tax administration or financial management;
- Certificate of qualified accountant in public sector;
- At least 5 years of experience in the financial administration of Donor funded infrastructure projects;
- Knowledge of International Accounting Standards, International Financial Reporting Standards and International Public Sector Accounting Standards;
- Knowledge of computerized information systems used in financial and/ or accounting applications, as well as in financial data analysis;
- Good understanding of FIDIC provisions;
- Excellent written and oral communication skills in Armenian and English languages;
- Good understanding of the goals and procedures of international organizations, in particular (ADB, World Bank, EBRD, EIB, IFC or other donors);
- Computer literacy.
- Results-oriented personality;
- Excellent analytical skills;
- Excellent presentation and facilitation skills;
- Demonstrated diplomatic and negotiating skills;
- Strongly developed problem-solving and decision-making skills;
- Managerial skills;
- Planning and organization skills;
- Cooperation/ teamwork skills;
- Report writing skills.
Benefits
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