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Director, Finance and Administration

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Last update: Jun 7, 2023 Last update: Jun 7, 2023

Details

Deadline: Jun 23, 2023 Deadline for applications has passed
Location: Timor-Leste Timor-Leste
Job type:Contract, 12 months +
Languages:
EnglishEnglish
Work experience: Min 7 years
Date posted:Jun 5, 2023
Expected starting date:Aug 1, 2023

Description

Job Description

About Millennium Challenge Account (MCA) Timor-Leste

MCA Timor-Leste, collaborating with the Government of Timor-Leste and the Millennium Challenge Corporation (MCC) of the Government of the United States of America, is responsible for implementing the $420 million Timor-Leste Compact, together with an additional contribution of $64 million from the Government of Timor-Leste—representing a total $484 million investment in Timor-Leste. The Compact aims to address human capital development as a binding constraint to economic growth in Timor-Leste through two projects: the Water, Sanitation, and Drainage (WSD) Project and the Teaching and Leading the Next generation of Timorese (TALENT) Project.

The Finance and Administration Director leads the finance, informational technology, security and administrative unit and is responsible for the strategic and day-to-day management of the compact's budget and ensuring the MCA’s fiduciary integrity and financial health through the life of the compact.

Duties and Responsibilities

Lead the overall Finance function of the MCA-Timor-Leste and ensure that sufficient finance and accounting support is provided to the operational and programmatic functions of the MCA-Timor-Leste to strengthen its ability to deliver on the targets of the Compact.
Lead the multi-disciplined unit functions of finance, administration, information technology and security to ensure these services sufficiently support the implementation of the Compact’s projects.
Work in close coordination with other MCA-Timor-Leste Directors to ensure a well-functioning and collaborative environment, provide reports and technical expertise to the Executive Director as required.
Analyze MCA-Timor-Leste operational and programmatic needs and assess the capacity of a multi-fund, multi-year set of resources ($484 million USD) complex projects as well as daily operational requirements.
Forecast cash flows, accurately project future needs, and lead the development of funding requests to ensure disbursement of funds from MCC and the Government of Timor-Leste.
Develop policies and plans for managing the MCA’s fiscal resources, aligned with the MCA-Timor-Leste plan and in accordance with MCC fiscal accountability and transparency policies, as well as internal and external audit standards and requirements.
Oversee the production of periodic financial reports for the decision making of MCA-Timor-Leste management, MCC, and Government of Timor-Leste stakeholders.
Lead MCA-Timor-Leste’s management team during budget and audit exercises, including serving as the authority on compliance with financial requirements of the compact and related agreements.
Build the finance and administrative team through recruitment of staff and identifying technical resources (e.g., external consultants, MCC technical resources) to provide external advice and expertise, aligned to the strategic needs of the MCA.
Guide MCA-Timor-Leste program staff and implementing entities on MCC financial management and reporting regulations, and national government procedures, to ensure compliance and transparency.
Manage the Fiscal Agent Agreement and the MCA-Timor-Leste financial audit program.
Evaluate MCA’s and implementing entities’ fiscal and reporting system, determine their compliance with MCC standards, identify financial or compliance risks and then design and implement actions to mitigate those risks.
Lead the efforts of MCA-Timor-Leste in the development of an integrated reporting system, including training financial and non-financial staff in the use of that system while maintaining proper segregation of duties and internal control.
Oversee administrative, facilities management, travel, logistics and financial tasks, including operational expenses (OPEX) and petty cash, for the administration of MCA-Timor-Leste.
Supervise the financial management specialists, IT manager, administrative manager and security specialist. This includes overseeing their management of staff to ensure the highest degree of integrity and compliance with policies and procedures.

Requirements (Education, Experience, Technical Competencies)

Education

Bachelor’s Degree in Accounting, Finance or a related field. Professional Certification as a CPA or Chartered Accountant preferred.

Experience and Technical Competencies

Minimum of 7 years’ experience in finance and accounting management and supervisory experience of multi-disciplinary professionals for a program of a similar size and scope.
Knowledge of the development environment in Timor-Leste and the challenges of program execution and coordination with government institutions.
Fluency in English, both spoken and written.

Applications documents must include: 1). A cover letter highlighting the candidate's background and work experience related to the requirements (education, experience, competencies); 2). A CV describing the candidate's qualifications and experience related to the PDs.; 3). Electronic copy of the relevant Academic Certificate(s); and 4). A list of 3 professional references (including at least 1 former supervisor), including name, title, relationship with the candidate, telephone number, and e-mail address.

To ensure equal opportunity and neutrality, application documents should not include details related to: age, marital status, political and religious affiliation, family information.

Short-listed candidates will be expected to submit samples of relevant past work assignments and demonstrate English proficiency. All selected candidates will undergo rigorous reference and security checks, results of which will form the basis for the final hiring decisions. For any queries, please contact: TimorLeste@developmentaid.org