Senior Financial Management Specialist Expired
Senior Financial Management Specialist
|Title:||Senior Financial Management Specialist|
|Category:||Accounting & Finance|
|Duration:||1 year with possibility of extension.|
|Exp.:||2018-08-18-(6 Months Ago)|
|Salary:||As per NTA Salary Scale|
|Organization:||Ministry of Finance | About Ministry of Finance|
|Work Experience:||5 Year of Related Experince Years|
A) Bachelor’s degree in Accounting Financial Management focus on Accounting and auditing or Economics ACCA Members and ACCA finalist or Professional level students are encouraged to apply.
b) Work Experience: A minimum of seven (5) years of progressively responsible experience in account finance and audit management or relevant experience that demonstrates a professional accounting and financial management operations and financial analysis with Public/Private organizations.
Duties & Responsibilities
SCOPE OF WORK
Prepare annual financial statements of the development projects in accordance with the requirements of Cash Basis IPSAS.
Reconciliations and Accounts Closing
Coordinate the reconciliation process for development and ordinary budgetsand train the reconciliation and reporting units
Advisory and Analytical Services
Monitor implementation of Treasury’s FPIP Plan and prepare periodic status reports for the senior management.
The expected outcome of the assignment are improved PEFA scores for the following dimensions which are scored C or D at present.
21.1 Consolidation of cash balance -C
Most of the bank and cash balances are consolidated on daily basis; however some of the funds/accounts are outside of the consolidation process. The existence of the dormant accounts with DAB reflects on the quality of the consolidation process.
22.1 Stock of expenditure arrears -D
Evidence exists of significant arrears. These are obligations not currently recorded in AFMIS. Surveys on arrears have not been routinely carried out with budgetary units to confirm existence or not of expenditure arrears.
22.2 Expenditure arrears monitoring -D
There are no procedures in place to monitor arrears in budget agencies. Data on the stock of arrears is not generated at least annually with a complete list by budget agencies indicating an age profile.
23.2 Management of payroll changes -D
The data for retroactive adjustments was not available to rate the indicator.
25.2 Effectiveness of expenditure commitment controls -C
Expenditure commitment control procedures exist for the development budget but not for the operational budget which provide partial coverage and are thus partially effective.
27.3 Advance accounts -D
Reconciliation of advance accounts takes place monthly; however SAO reported outstanding advances some of which are 8 years old.
28.1 Coverage and comparability of reports -D
Coverage and classification of data does not allow direct comparison to original budget.
28.2 Timing of in-year budget reports -C
Budget performance reports by the Budget Execution Directorate are prepared quarterly and issued within 8 weeks of the end of the quarter
28.3 Accuracy of in-year budget reports -C
There are concerns about data accuracy. Expenditure is captured at the payment stage.
29.1 Completeness of annual financial reports -C
Financial reports are prepared annually and are comparable with the approved budget. The financial reports do not include information on tangible assets and on guarantees and other contingent liabilities
29.2 submission of reports for external audit -D
Financial reports are submitted for external audit within 6 months of the fiscal year-end however SAO reports that the financial report was incomplete.
29.3 Accounting standards -D
The standards used to prepare annual financial statements (Qatia accounts) are not disclosed.
Interested Afghan nationals should submit their application to comprising an updated CV a one-page cover letter (i.e. cover page CV and supporting educational documents should be in one file and not submitted separately) explaining the candidates interest and suitability for the advertised position.
|Email:||[email protected] [email protected]|