Finance Manager

  • Location:
  • Salary:
    negotiable
  • Job type:
    Full-Time
  • Posted:
    2 weeks ago
  • Category:
    Finance
  • Deadline:
    December 22, 2022

JOB DESCRIPTION

Overview

Under the leadership of Director of Operations and Finance, the Finance Manager steers ESP financial management under contract portfolio. He/She will be responsible for RTI accounting and financial management for the Project. He/she will also ensure that RTI and Philippine’s accounting and financial reporting standards are applied and that the funding resources are being used efficiently and in compliance with the established policies and procedures. Finance Manager oversees Accountant and Finance Assistant.

Responsibilities

Accounting and Finance

  • Supervise project accountant in all project accounting procedures: filing of documents, allocation of expenses, vouchers registration, balance checking, etc.;
  • Develop monthly consolidated financial calendar and ensure compliance with its deadlines
  • Communicate accounts on a monthly basis to the RTI Home Office in accordance with QuickBooks procedures and deadlines.
  • Manage the presentation, circulation, filing and archiving of accounting and financial documents as directed by Director of Operations and Finance.
  • Review journal vouchers and/or adjust journals for necessary reviews and approvals.
  • Ensure all financial processes are in compliance with RTI and USAID regulations.
  • Build capacity of local partners in the area of finance and financial reporting
  • Participate in vendor selection during the competitive biddings
  • Prepare and update on a monthly basis annualization of taxes withheld from staff compensation, in preparation for the completion for the annual reporting to BIR.
  • Prepare and submit upward RTI annual foreign tax report ( VAT report)
  • Ensure compliance of project financial operations with the required annual external audit in the Philippines
  • Ensure strict internal controls, regularly implement measures to prevent fraud and misuse of funds
  • Perform other duties related to accounting and financial management.

 Treasury

  • Open/close bank accounts in coordination with the Regional Controller and RTI Treasury;
  • Oversee the management of bank accounts: follow transfers, check balances, check authorized expenses and online transactions;
  • Supervise the management of safes and cash: available amount, balance checks, security instructions;
  • Assess and analyze monthly cash-flow needs for project and communicate cash requests to the  Director of Operations and Finance for further approval and sending to RTI Treasury;
  • Manage money transfers, cash-supply and amounts in circulation, whilst defining payment procedures (bank transfer, cheque, cash etc.).

Budget Management

  • Set up and formalize procedures for the commitment of expenditure;
  • Develop and maintain a system necessary for financial monitoring, regular reporting of expenditures to objective leads, and for budget follow-up with program units  ;
  • Analyze gaps between planned budgets and actual expenses;
  • Anticipate project financial risks and consult with the Director of Operations and Finance, Chief of Party, and Regional Controller;
  • Support annual project budgeting, in coordination with program objective leads and under the stewardship of Director of Operations and Finance
  • Update project budget forecast on a regular basis; share information with the project leadership;

Qualifications

Minimum Required Education and Experience

  • Master’s degree and 10 years of experience or Bachelor’s Degree and 12 years of experience
  • Bachelor’s in accountancy is required, Certified Public Accountant is preferred

 Skills and Abilities

  • Demonstrated excellence in financial and analytical skills
  • Experience in International NGO and development projects
  • Familiarity with USAID financial regulations, and other donor and governmental requirements;
  • Demonstrated strength in general business administration and leading financial management in an organization;
  • Strong oral/written communication skills and ability to communicate effectively at multiple levels in the organization;
  • Strong organizational and interpersonal skills and ability to work in a team-oriented setting;
  • Demonstrated success in managing and leading a team, and collaborating with interdepartmental teams;
  • Working knowledge in MS Office applications
  • Familiarity with automated accounting systems; QuickBooks are preferred

 

Disclaimer

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification.  It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

EEO & Pay Equity Statements

As a global employer of choice, RTI is committed to equity, diversity, inclusion and belonging in the workplace and the communities and markets where we serve our mission. We value diversity of thought, culture, background and perspective and welcome applicants without regard to race, color, religion, sex, age, marital status, sexual orientation, gender identity, national origin, creed, citizenship status, disability, protected veteran status, or any other classification protected by applicable discrimination laws or RTI policy.

We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law. Further information is available here.

RTI International is an independent, nonprofit research institute dedicated to improving the human condition. Clients rely on us to answer questions that demand an objective and multidisciplinary approach and one that integrates expertise across the social and laboratory sciences, engineering, and international development. We believe in the promise of science, and we are inspired every day to deliver on that promise for the good of people, communities, and businesses around the world. For more information, visit www.rti.org.