Manager Finance & Grants Compliance
Save the Children International
مجموع سنوات الخبرة :17 years, 8 أشهر
I am responsible to maintain an effective finance and grants management system with the help of other support functions/budget holders. Further I am also responsible for the overall financial management system, internal control system, tax related matters, compliance with donor guidelines and having the leading role to facilitate auditors (Internal, external and grant specific audits). Major responsibilities include:
- Preparation and submission of timely financial reports
- Support budget holders in budget preparation, budget re-alignment and effective budget management.
- Provide timely budget consumption reports and highlight any future overspending/underspending.
- Ensure donor compliance and timely submission of reports.
- Prepare Monthly funds forecast and weekly funds status.
- Ensure compliance with international and local government laws related to financial management.
- Recruit, train and effectively manage finance staff in other field offices
- Facilitate the Internal and External Auditors.
- Visit impact areas for periodic reviews to evaluate the compliance with internal controls, Save the Children, Donors and Government rules and regulations.
- Currently working on projects of health, education, shelter and livelihood with donors like UNHCR, AUS-AID, DFID, and ECHO.
- Ensure that adequate internal controls are in place for safeguarding SCI financial resources.
- Support budget holders and Directors in monitoring the approved budgets by providing BvAs and spending analysis.
- Support/lead kick-off meetings of new awards and sub-awards.
- Support program team in assessment and selection of implementation partners in accordance with SC and donor requirements including legal vetting.
- Establish system for regular monitoring of implementing partners ensuring compliance with SC and donor guidelines and tracking/implementation of recommendations in the monitoring report. Also communicate critical issue to the concerned budget holders and senior management.
Being a Finance Coordinator-Reporting and Compliance I was providing accurate and punctual compliance reports and forecasts over the organization income and expenditures. It was also my responsibility to empowers and builds the capacity of field offices staff and partner organizations to manage grants effectively. Major responsibilities were:
- Maintaining fund tracking information, including status of donor proposals and contracts, funding status against budget requirements.
- Financially monitor each project and assist head of finance and teams in the liquidation process.
- Providing advice and support to the management over the financial aspects of grants and budget management, and incorporate any changes required while reporting to the donors.
- Produce & review budget vs. actual and monitor reports on monthly basis.
- Providing financial and compliance reports on monthly Quarterly & annual basis to headquarter and donors, like DFID, DEC, WFO, CIDA, SIDA, IR-USA, IR-UK, IR-GER, PPF etc.
- Provision of accurate and timely financial reports to the donors and minimizing the risk associated with noncompliance of numerous partner regulations and Islamic Relief policy and procedures
- Actively participate in provision of training and support to the assigned offices on grant management system.
- Providing quality review and opinion on budget proposals and donor reports in respect of timely submission to donor with accuracy and effectiveness.
- Assist head of finance as and when in the inductions of newly recruited staff to make sure the same standard is carried out throughout the country.
- Review regional offices monthly project reports and identify the areas of improvement with suggestions before submission to head quarter/donors.
I was responsible for designing and operating an effective compliance system to insure the operations are according to the prevailing PPHI rules & policies. Further leading the finance and internal audit activities in provincial office of Balochistan and reporting directly to head of finance PPHI Pakistan. Major responsibilities were:
- Ensures the implementation of the audit plan to provide assurance on the effective management of risks and functioning of internal controls
- Work closely with all partners, government departments, CO office for implementation of different international donors projects in different districts of Baluchistan.
- Preparation of Financial Statements as per international financial reporting standards (IFRS).
- Managing compliance, procedural and legal matters of Income Tax and Sales Tax.
- Responsible for preparing & filing tax statements of PPHI in compliance with tax rules and regulations.
- Monthly presentations to the head of PPHI on organization performance and variance analysis.
- Ensuring to meet targets every month and reasoning any variations.
- Ensuring correct bookkeeping of payables, accruals & expenses; and timely payments to vendors.
- Providing Directors & Managers with accurate and timely ad-hoc information, reports and analysis.
I was working as an Audit Senior in KPMG, where I attended several Annual General Meetings (AGMs) and Audit Committee Meetings (ACMs) at different levels. Further I was leading large audit teams through the planning, execution and conclusion stages of statutory audits. Major responsibilities were:
- Validation of Financial Statements packages of various national and multination organizations;
- Verifying the computation of taxable income and determination of tax liability;
- Identification of key risk areas by developing risk assessment for critical business processes;
- Engagement and Client Relationship management;
- Internal audit risk and compliance procedures;
- Verifying the budgetary and accounting policies as well as internal control systems of clients;
- Involvement in developing and performing substantive and analytical procedures;
- Reviewing working papers and reporting to engagement manager and partner;
- Co-ordination with professionals of various fields like legal, actuarial, valuation experts, internal audit teams and IT experts;
- Working for resolution of critical reportable matters;
- Working on the accuracy and completeness of cost of production budgets made by different organizations and verifying the variances thereof;
- Ensuring compliance of the provisions of Income Tax Ordinance 2001, Sales Tax Act 1990 and Companies Ordinance, 1984;
- Ensuring the financial statements comply with all the applicable requirements of International Financial Reporting Standards (IFRS) and local laws.
I am Chartered Certified Accountant (ACCA) from the Association of Certified Chartered Accountants (ACCA) of United Kingdom