World Vision is a Christian relief and development organization working to create lasting change in the lives of children, families and communities living in poverty. World Vision serves all people regardless of religion, race, ethnicity or gender. As a child-focused organization, WV’s work focuses on children, ensuring they are protected and their basic needs are met. WVV has a total income of around US$ 19,000,000 (FY20) with funding from 14 support countries in Europe, Asia, the Americas and Australia. Funding of WVV consists of sponsorship program funding (70%) and PNS/grants (30%). WVV employs about 430 staffs, of which 99% are Vietnamese nationals.
PURPOSE OF POSITION:
The position supports WV Vietnam to maintain high standards of financial stewardship and assist the AP Manager in maintaining the books of accounts and other financial records of AP & adhering to the financial standards of World Vision financial system to ensure accountability.
FINANCIAL POLICY COMPLIANCE:
Administrative financial services are provided to the project to ensure compliance, quality, accuracy and consistency of work in project implementation.
Consistent service delivery is ensured by collaborating and working closely with all of the team members of the Project.
All the day to day operational procedures in planning, implementation, monitoring and evaluation, closure, audit, etc. are conducted in timely manner and in line with WV Policy and Procedure as well as Field Financial Manual (FFM).
The Project staffs are provided the necessary account analysis codes and assistance to correctly filled in and prepare cash advance, EER, payment request.
The project team is assisted in verifying quotations, procurement, service supply contracts for project- related activity.
Adequacy and correctness of the supporting documents ensured for payments and/or voucher preparation (using Voucher Interface) to ensure consistency with WV’s Policy and donor requirements.
The financial transactions are monitored regularly to maintain project financial account in place and in order.
The suppliers of the quotes/bids submitted for major purchases are randomly selected to verify the existence, nature of business (whether it’s related to the goods or services being asked to quote or bid), relationship of the supplier with the staff of the project and reasonability of amount quoted.
The quality of the goods and services delivered to the beneficiaries is verified by conducting random visit to the project sites.
WV accounting policies and procedures are communicated to all staff and relevant partners.
BUDGET MANAGEMENT & FINANCIAL REPORTS:
The Project Manager is assisted in planning and developing project budget in line with the Plan of Action and log frame.
The financial reports cover memo prepared with variance explanations, Advances & Payables Aging Analysis (IA 264 & IA 269), the asset register updated, the bank reconciliation performed and sent on time to the Cluster Finance Officer for posting.
The Sunsystem generated financial reports are reviewed with assistance of Cluster FO and NO FO for any non-project related expenses, discrepancies and irregularities from the project finance manual.
The Manager is provided with the necessary management financial report as and when required and adhering to the standards/templates required by donor.
Filing system of key documents is established and maintained (in hard copy and soft copy) and in line with audit requirements.
All financial and other records required for audit purposes are maintained, and assistance provided in regular auditing of the Project.
Knowledge, Skills, Abilities:
Education: Bachelor Degree;
Majored in finance/ accounting.
Knowledge & Skills:
Conceptual understanding of and commitment to development work, especially Christian, child-focused, community-based development concepts, approaches and processes;
Good time management and organizational skills;
Good interpersonal and communications skills;
Fair English, especially report writing skills;
Good computer skills in Word, Excel, PowerPoint and email;
Ability and passion to learn about accounting
Experience in bookkeeping and accounting