ThaiNGO

The Finance Management Specialist, reporting to the Project Director and Head of Finance Department, is responsible for project budget preparation, execution, monitoring, analysis, and control, and financial reporting.

1. Scope of Work

The Finance Management Specialist shall be responsible for the following:

Finance Management

• Develop CARE project’s accounting system and manual, in collaboration with the Project Accountant
• Select and maintain the most appropriate accounting software for CARE project
• Set up and train project staff on CARE project’s financial management procedures
• Ensure that the project’s financial management system, including project records and accounts, are maintained in accordance with relevant World Bank guidelines and regulations, as well as with generally accepted accounting principles and practices

Budgeting and Planning

• Prepare annual budget and cash plan based on the annual work plan
• Ensure that expenditures are within the project budget
• Analyze operational activities, including historical, current, and projected revenue and expense, cash flow, variances, and costs
• Review financial statements, including monthly, quarterly, and annual financial reports
• Analyze financial performance against targets, identify deviations, and inform the Project Director for necessary action
• Perform budget reconciliations and amendments

Fund Management

• Prepare annual and quarterly disbursement forecasts as well as cash forecasts, and ensure cash flow
• Prepare and process Statement of Expenditure (SOE) withdrawal application in accordance with World Bank’s Disbursement Guidelines
• Track funds and coordinate with World Bank to ensure timely credit of funds into RIMES’ CARE Project account

Expenditure/Payment Processing

• Ensure compliance with RIMES’ financial framework and CARE Project specific requirements (e.g. Operations Manual, SOPs and the World Bank’s fiduciary guidelines etc.), rules and procedures while processing payments
• Maintain internal control procedures for collecting, checking, and preparing documentation required for verifying invoices/ payment requests
• Apply pre-audit checks on all payments before payment from the assignment accounts including budget availability, the sanction of competent authority and compliance with applicable financial rules & regulations
• Manage financial aspects of the contracts under implementation, including payment terms, purchase orders and variation orders.

Financial Reporting and Audit

• Prepare quarterly financial summaries, annual financial statements and any periodic financial report required for the CARE Project
• Ensure that financial records are archived regularly
• Arrange for timely initiation and completion of independent annual audits of the project
• Cooperate with World Bank finance management supervision missions, and follow up on recommendations

1. Qualifications

Academic

• An internationally recognized professional accounting qualification (ACCA/CA/CPA) OR an advanced degree (16 years of education) - Master’s or equivalent -in a discipline related to Finance

Experience

• At least 7 years of experience in financial management, audit, or accounts
• Experience with a development organization or a donor funded project would be preferred
• At least 3 years of experience with one of the international accounting firms before or after acquiring stipulated qualification
• Experience with automated general ledger systems

Skills and abilities

• Ability to effectively communicate financial information to non-financial managers
• Ability to analyze, evaluate, and summarize financial records for accuracy and conformity to procedures, rules, and regulations
• Strong analytical, presentation, communication, and problem-solving skills
• Advanced skills in Microsoft Excel
• Proficiency in spoken and written English language

Personal qualities

• Conscientious and efficient in meeting commitments, observing deadlines, and achieving results
• Persistent when faced with challenges
• Takes ownership of all responsibilities of the position 

The contract duration will be for 1 years subject to a 6-month probationary period, and annual performance review.

Interested candidates must submit their application letter and resume to rimeshra@rimes.int before midnight of 3 March 2021, Bangkok time.

RIMES promotes diversity and inclusion in the workplace. Well-qualified candidates particularly females are encouraged to apply.

The Regional Integrated Multi-Hazard Early Warning System for Africa and Asia (RIMES) is an international and intergovernmental institution that is owned and managed by its 48 Member and Collaborating States for building capacities in the generation and application of user-relevant multi-hazard early warning information.  RIMES was established on 30 April 2009 through the signing by collaborating countries of the RIMES regional cooperation agreement.  RIMES was registered with the United Nations under Article 102 of the UN Charter on 1 July 2009.  RIMES operates from its regional early warning center, located at the campus of the Asian Institute of Technology in Pathumthani, Thailand.

Closing Date               :      19 April 2026 (11:59 PM, Bangkok Time)