Regional Subaward Finance
Description
About The Job Job Summary: The Regional Subaward Finance & Compliance Officer supports the development and implementation of processes related to issuing and managing subawards. Work will include quality review of subaward packages, documents, and issues related to subaward financial monitoring, and training and support of WAMERO and project staff in policies and procedures related to subaward budgeting and financial monitoring. S/he will work under the supervision of the Associate Director, Quality Assurance to strengthen and support subaward work and processes. Focus will be on compliance with processes and standards related to financial aspects of subaward execution and management. Accountabilities: Review subaward (sub-grant or sub-contract) packages prepared by country office and project teams to ensure completeness of documentation and compliance with FHI 360 and donor policies and procedures, with particular focus in budget, budget narrative and financial risk assessment; Review subaward (sub-grant or sub-contract) close-out packages and provide guidance to project teams on issues related to closing of subawards including reconciling of financial reports and payments; Support project teams with budget development and resolving finance related issues; Build capacity of project teams related to budget development, financial assessment of subrecipients, financial monitoring of subawards, and other finance related tasks; Liaise with finance, contracts, and technical teams to provide necessary feedback to improve different elements of subaward packages (such as budgets, budget narratives, negotiation memorandum, pre-award assessment, etc.); Support project teams as needed to ensure proper monitoring is taking place including providing review, feedback, and problem-solving with issues arising from monthly financial reports; Provide guidance to project teams in understanding documentation and filing requirements to ensure projects have complete subaward files; Identify areas of compliance risk and escalate as necessary to appropriate levels of leadership; Problem-solve with project staff around issues specific to subaward compliance, budgeting, and financial monitoring, coordinating with project and regional office leadership as needed; Support work with Enterprise Services on revising and improving existing processes; Contribute to work with WAMERO colleagues to identify and develop process improvements and implement best practices related to subaward management; Train project staff on internal processes, standards, best practices, and compliance issues related to developing and managing subawards; Maintain knowledge of donor rules and regulations and inform the team of the changes in policies and procedures. Applied Knowledge & Skills: Knowledge of donor (USG and non-USG) rules and regulations required; for acquisition (contracts) and assistance (cooperative agreements and grants). Ability to review and analyze budgets, budget narratives, finan
Skills
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