The Maryland Global Initiatives Corporation is a nonprofit affiliate of the University of Maryland, Baltimore established by UMB to carry out UMB’s programs to strengthen health systems and improve the human condition in the areas where UMB operates through MGIC. MGIC has UMB-approved affiliates, field offices, and program offices (collectively known as “country offices”) throughout sub-Saharan Africa. MGIC activities are funded generally by U.S. government entities through cooperative agreements with UMB. The University of Maryland Baltimore (UMB) has received PEPFAR funding from the US government /CDC for Accelerating Malawi’s PEPFAR Laboratory Logistics and Infrastructure for Quality (AMPLIFY). This cooperative agreement aims to achieve and maintain HIV epidemic control. AMPLIFY will strengthen the laboratory efficiency, capacity, and quality through improving laboratory infrastructure, improving laboratory data utilization for decision making, training human resources, and adhering to quality management systems.
The Finance Manager will have overall responsibility for coordination of the finance activities of the MGIC Malawi programs.
S/he will be responsible for administration and adherence to both MGIC/UMB and local country rules and regulations. S/he will manage a team of finance staff and ensure quality, timeliness, and efficiency of all financial processes for the country office.
Duties and Responsibilities
- Provide oversight of in-country financial functions ensuring compliance with the award terms for all funding.
- Collaborate closely with the Director of Finance and Administration (DFA) and the Project Director to support budget development, plan for expenses and to track expenditures against annual work plans and ensuring resources are effectively and efficiently budgeted and managed to achieve activity deliverables.
- Oversee financial and administrative processes, including budgeting for new bids, preparing budget redirection/alignments, financial transactions, financial reporting, inventory management.
- Develop, in coordination with the DFA, financial administrative management systems and processes required to maintain project implementation, and guarantee that these processes comply with UMB and CDC policies and regulations and local laws.
- Work with the DFA and the Project Director to ensure transparent and efficient functioning of administrative and financial processes and systems and maintain adequate internal controls.
- Ensure that all donor financial management and reporting requirements are met, providing a clear, concise and timely overview of the financial status of the award.
- Liaise with other key technical personnel and local staff to ensure smooth financial processes are upheld.
- Effectively manage and supervise finance personnel, ensuring effective and efficient financial processes and outputs.
- Manage and supervise monitoring and tracking systems for the budget. Advise the DFA and Project Director on financial status and budgetary decisions
- Offer treasury management and maintain stewardship and fiduciary responsibility of financial resources ensuring sufficient cash resources are available in-country to meet project obligation.
- Ensure the preparation of complete and accurate monthly and ad hoc financial reports and submission of financial information to MGIC within the stated deadlines.
- Oversee other general accounting functions including accounts payables and payroll, banking, accounts receivables, payable, audit planning and submission of Tax and VAT returns
- Degree in Accounting and/or Finance is required, Masters’ Degree in Business Administration or Accounting/Finance, from a recognized university or equivalent.
- Fully qualified Accountant (ACCA, ICAEW, CIMA, etc.) or those studying towards completion of professional accounting qualification will have an added advantage.
- A member of the Institute of Chartered Accountants of Malawi (ICAM)
- Fluent in Portuguese, verbal and written, is required.
- Excellent command of English language, verbal and written, is required.
- A minimum of three (3) years’ experience in financial management of a large organization preferably in a U.S. assistance programs in Malawi.
- Demonstrated experience in U.S. government cost principles, rules and regulations and applying these in program decision-making.
- Demonstrated experience supporting and working with program technical staff to ensure resources are used efficiently and to accurately account for expenditure.
- Demonstrated experience in managing sub-grants including risk assessment and working with host government entities as grantees
Knowledge and Skills
- Excellent record of accurate and on-time reporting to donor agencies.
- Demonstrated ability to build and maintain relationships with senior-level colleagues, particularly interacting productively, proactively, and comfortably with national and sub-national government officials and institutions and donor organizations.
- Exceptional computer skills, particularly in Microsoft Excel, and substantial experience using commercially available accounting software programs such as QuickBooks and ERP platform.
- Outstanding interpersonal skills and eager to work in a fast-paced multicultural organization.
Maryland Global Initiatives Corporation is an Equal Opportunities Employer
The closing date for receiving applications for positions 25th August 2021.