The Project Financial Management Specialist (FMS) will be responsible for the management of the Project accounts in accordance with the requirements of the World Bank. The FMS will report directly to the Project Co-ordinator and will work in close collaboration with the Financial Controller and the Project Co-ordination Unit. Will be responsible for the management and operations of the Finance Unit of the Project.

Operating within a computerized environment, the FMS will perform the following duties under his direction and control:

Budget and Reporting

•   Prepare, monitor and control annual budgets;
•   Note any disparities between projections and results and analyze the causes;
•   Monitor budget entries, credit allocations and fund disbursements of any National Counterpart funds;
•   Prepare a quarterly cash budget for the entire project;
•   Serve as liaison to other implementing entities for all budget matters;
•   Monitor funding agreements signed with any co-financing donors;
•   Process accounting and budget charges, maintain financial, cost and budget accounting, and keep accounting records;
•   Prepare on a quarterly basis, the project's Interim Financial Reports;
•   Produce the Periodic Project's Financial Statements;
•   Prepare an annual special report on special account(s) performance for each donor;
•   Assist in defending the Projects/Ministry's budget at both MOFEP and Parliament; and;
•   Train and supervise the Ministry's/Implementing Agencies accounting staff nation-wide.

Accounting

•   Ensure that accounting ledgers and papers are well maintained;
•   Set up computerized Financial Systems in Key implementing Agencies and ensure their use;
•   Perform end-of-year closing operations;
•   Prepare, stamp, produce and secure approval of bank reconciliations and fund reconciliations of the Special Account;
•   Ensure the Project's proper Cash Management;
•   Obtain and verify documentary evidence of project expenses and prepare for their settlement;
•   Prepare and monitor Applications for Withdrawal of Funds to be sent to WB/IDA;and
•   Prepare the physical inventory and reconcile the results with fixed asset accounts.

Audit

•   Liaise with External Auditors for the timely auditing of the LAP Accounts by providing genera! advice on LAP and other project finance and disbursement matters;
•   Prepare  documents  and  information  needed  for  audits  and  financial oversight; and
•   Follow through on Auditors' recommendations.

Other tasks

•   Supervise Implementing Agencies in the maintenance of financial records and the preparation of financial budgets;
•   Assist the Procurement and Planning Units on Annual Work Plans;
•   Oversee to, and ensure proper use of the Manual of procedures;
•   Perform a strong internal control system; and
•   Any other duties to be assigned from time to time.

Qualification Required & Experience

•   The Accountant shall be a Professional Accountant (e.g. CPA, CA, ACCA holder or equivalent) with a Master's degree in Accounting, Business or Finance.
•   Seven (7) years working experience and a good knowledge of International Financial Reporting Standards and International Standards on Auditing.
•   At least five (5) years experience in using software packages for Accounting and Financial Reporting.
•   Experience in interpreting Financial Management Reports, analyzing variations to plans and determining remedial actions required;
•   Ability to advise and disseminate Financial Management knowledge.
•   Strong background in planning, organizing and time management and the ability to manage multiple tasks.
•   Strong analytical capabilities and proven skills to deal with accounting issues innovatively and independently.
•   Capacity to be a Member of a Multi-disciplinary Team, to provide advice and recommend actions.
•   Proficiency with World Bank Financial Management  and  Disbursement procedures is required.
•   Proficiency in preparing and presenting reports.
•   Proficient communication in oral and written English.
•   Strong computer skills, especially, using accounts based software and Microsoft Office software is required.

Location: Accra

How To Apply For The Job

Interested applicants who meet the above criteria should send their application and detailed curriculum vitae to the following address not later than Friday, 5th September, 2014.

THE TECHNICAL DIRECTOR (LANDS)
GHANA LAND ADMINISTRATION PROJECT
ROOM 2
FORMER WILDLIFE HEADOFFICE
POST OFFICE BOX M 212, MINISTRIES, ACCRA

TEL.: 0302-666711/687308/663133
Email: info@ghanalap.gov.gh

Closing Date: 22 August, 2014