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Reports to: Finance Manager

Classification: Locally-Engaged Staff position open to Pakistani nationals and permanent residents with authority to live and work in Pakistan

Duration: 12 months, with the possibility of extension

Location: MDF Pakistan Lahore Office

The Market Development Facility (MDF) is an Australian Government-funded initiative currently being implemented in five countries. MDF utilises a market systems development (MSD) approach to connect with private and public sectors players with the ability and leverage to trigger lasting systemic change and create broad-based, sustainable pro-poor growth. MDF can be scaled-up to support further market development activities in country and in additional countries as needed.

MDF is a multi-country facility, currently operating in Fiji, Timor-Leste, Papua New Guinea, Sri Lanka and Pakistan. Each country has its own country team on the ground, with a Core Leadership Team (CLT) headed up by the Chief Executive Officer (CEO) providing strategic, technical and managerial oversight across all MDF partner countries.

Objective:

Support the Finance Manager in the management of project finances and financial accountability across the Facility.

Key Responsibilities:

Day to Day Accounting

  • Ensure that financial documents (weekly field vouchers, bi-monthly MDF country offices funds transfer requests etc) for all MDF country offices are correct and reconciled with financial transactions and bank statements.
  • Ensure appropriate cost coding and data entry in line with the chart of accounts into field vouchers, verification that invoices and payments are supported by the appropriate support documents and authorisations.
  • Update financial monitoring sheets i.e. actual expenditures for all countries after submission of the invoices by Palladium to respective country DFAT.

Monitoring and Compliance

  • Ensure that all financial trackers (Partnership Activity Tracker, staff advance tracker, purchase order tracker, tax tracker & Staff Contribution Tracker) are accurately updated and are reported to the relevant managers.
  • Ensuring all payments made from MDF are in accordance with MDF, Palladium and DFAT policies and procedures, verifying the accuracy of all payment requisitions and other requests for payment before submission for authorisation.
  • Support the Finance Manager in ensuring that all country offices are complying with statutory obligations, especially in ensuring accurate income and other tax  & staff contributions deductions and timely submission of the same to the relevant revenue authorities.

Audits

  • Assist the Finance Manager in external and internal audits as required. Undertake periodic internal process and policy compliance audits.

Budgeting and Reporting

  • Support the Finance Manager in the development and monitoring of budgets.
  • Support the Finance Manager and the Palladium Project Manager in the development of six-monthly and annual financial reports and other reports as directed by the CLT.

Others

  • Support country teams as directed by the Finance Manager.
  • Deputize for the Finance Manager in his absence.
  • Other responsibilities as directed by the Finance Manager or other representative(s) of the Palladium Group.

Key Performance Indicators:

  • KPIs set annually in agreement with the Finance Manager.

Requirements:  

  • A Bachelor Degree, or its equivalent, in Accounting.
  • Experience in bookkeeping of large projects, preferably for international development donors or organisations.
  • Excellent working knowledge of QuickBooks and MS Office programs, particularly Excel.
  • Good command of verbal and written English
  • A high degree of personal initiative, enthusiasm for the work, high-level multi-tasking and time management skills and the ability to work with minimum supervision in a multi-cultural environment
  • Ability to travel at short notice to other MDF countries, as and when needed
  • A police clearance certificate