Finance and Compliance Officer
Accounting & Finance Jobs
- British Embassy Harare
- Expires 18 Jun 2025
- Harare
- Full Time
Job Description
The Finance and Compliance Officer plays a crucial role in managing and delivering British Embassy Harare’s (BEH) financial portfolio in accordance with internal policies and procedures. The role will provide support to the Finance and Compliance Manager in maintaining high level financial excellence across all programme and operating spend. The successful candidate will ensure that BEH adheres to internal policies, manages the risks of fraud and error and safeguards the organization against risks and penalties. This position is vital for maintaining the integrity of financial operations and supporting BEH’s overall objectives.
Duties and Responsibilities
Roles and responsibilities:
The role will be part of the Finance and Compliance team at BEH and will work closely with corporate, policy and programme teams and central and regional finance teams. The key focus of the role will be:
Ensuring successful day-to-day operation of financial processes across BEH in accordance with financial policies.
Ensuring correct implementation of BEH internal policies while best meeting internal customers' needs in a fair and effective manner.
Be a deputy fraud liaison officer and support in the delivery of BEH counter fraud strategy.
The main duties include:
Financial management
Coordination of budget monitoring and reporting at post, ensuring bottom up budgets are correctly profiled against approved allocations.
Review and challenge of forecasting data monthly ensuring relevant financial targets are met and propose for corrective action where required.
Monitoring recharges to other government departments.
Provide monthly input into financial reports for monthly, quarterly and annual reporting.
Co-chair the monthly finance meetings with budget managers and senior budget holders.
Provide suggestions and recommendations for improved financial results based on monthly financial performance reports.
Preparing ad-hoc financial modelling reports as and when required.
Review the monthly payroll pack ensuring errors are quickly identified and rectified.
Review monthly balance sheet reconciliations such as cash, bank, stocks, debtors and creditors.
Tracking foreign currency forecasts and re-allocation of budget by currency to take account of USD and sterling spend.
Preparation of the annual funding requirement and monthly cash forecasting return.
Prepare qualitative and timely interim and final accounting returns ensuring all supporting evidence is available.
Preparation of monthly prepayment journals and review of accruals in line with resource accounting policies.
Oversee preparation of tax reports and returns to the Zimbabwe Revenue Authority.
Oversee the accounts filing system to ensure it is always up to date and ensure good record keeping.
Provide capacity building to budget holders on budgeting and forecasting.
Fiduciary risk management
As deputy fraud liaison officer, provide periodic fraud awareness training sessions to corporate and programme teams.
Support the finance and compliance manager in carrying out fiduciary risk assessments.
Monitor progress against mitigation actions set out in fiduciary risk assessments.
Compliance management
Review compliance with policies and procedures of all BEH key risk areas such as stores, assets, fuel, cash, procurement and credit card spend.
Provide input into the monthly compliance reporting pack.
Support the preparation of the annual assurance commission.
Carry out periodic spot checks.
Provide support to audit preparation as and when required.
Proactively, make recommendations for best practices and improvements to processes.
Resources managed:
Local budget of over £22m.
Qualifications and Experience
Essential qualifications, skills and experience
Bachelor’s degree in accounting/finance
Full or Part qualified with a professional accounting body.
Minimum 5 years work experience in a large institution.
Excellent IT skills. Advanced knowledge of Microsoft Excel, Word and Outlook.
Language requirements:
Language: English and any local language
Level of language required: Proficient
Desirable qualifications, skills and experience
Experience in working in the development sector an advantage.
Experience of working with multiple teams and skills in adapting financial terminology to suit a wide variety of audiences.
Demonstrated understanding of risk management.
Experience in leading or participating in internal and external audit engagements.
Required behaviours
Delivering at Pace, Making Effective Decisions, Managing a Quality Service, Working Together
How to Apply
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