PURPOSE

The Grants and Finance Senior Associate will:

• Support sound financial and grants management of the GCSF in accordance with GGGI policies, the Contribution Agreement and other applicable donor requirements.
• Maintain accurate financial records of Facility resources, commitments, expenditures, subsidy obligations and payments.
• Support the administration and financial monitoring of grant and subsidy agreements associated with individual GCSF transactions.
• Prepare and regularly update Facility budgets, cash-flow forecasts, expenditure projections and financial reports.
• Monitor the availability and allocation of funds across Facility operations and individual transactions.
• Support the calculation, verification and processing of coupon subsidy payments in accordance with approved transaction terms and applicable conditions.
• Maintain appropriate documentation and audit trails supporting financial commitments and disbursements.
• Support donor financial reporting, audits, financial reviews and other assurance requirements.
• Ensure accurate and timely recording of financial information in GGGI's Enterprise Resource Planning (ERP) and other relevant systems.
• Support value-for-money, financial control and efficient use of Facility resources.

ENGAGEMENT

The Grants and Finance Senior Associate will:

• Work closely with the Facility Manager on overall Facility budgeting, financial planning, reporting, cash management and financial controls.
• Coordinate closely with the Transaction Management Unit, including the Capital Markets Senior Officer and other transaction staff, to maintain accurate financial information for each supported bond transaction.
• Liaise with GGGI Finance, Legal, Procurement and other corporate functions on financial transactions, payments, banking, accounting, audit and compliance requirements.
• Support financial aspects of grant and subsidy agreements with participating issuers and other beneficiaries.
• Liaise with the donor and relevant implementing partners on routine financial reporting and financial information, under the direction of the Facility Manager.
• Work with banks and relevant internal functions on Facility accounts, transfers, reconciliations and other operational banking matters.
• Assist staff and consultants working under the Facility in understanding and complying with applicable financial procedures, systems and documentation requirements.
• Maintain effective working relationships with internal and external auditors and provide requested supporting documentation.

DELIVERY

• Develop, maintain and monitor the GCSF budget, financial plans, cash-flow forecasts and expenditure projections, including regular budget-versus-actual analysis.
• Maintain accurate financial records for GCSF-supported transactions, including subsidy commitments, payment schedules, disbursements, outstanding obligations and available balances.
• Support the financial administration of subsidy and grant agreements, including verification of payment calculations, supporting documentation and applicable conditions prior to disbursement.
• Process and track Facility payments and ensure accurate recording and reconciliation across GGGI’s ERP, bank accounts and transaction-level financial records.
• Monitor funds received, committed and disbursed under the Facility, including interest income, foreign-exchange movements and other relevant financial adjustments.
• Prepare monthly, quarterly, annual and ad hoc financial reports for the Facility Manager, GGGI management and the donor, including financial inputs to governance and donor reporting.
• Support audits, expenditure verification and other assurance activities, maintaining complete supporting documentation and a clear audit trail for all material financial transactions.
• Review timesheets, personnel-cost allocations, procurement commitments and other costs charged to the Facility to ensure consistency with approved budgets and applicable rules.
• Support budget revisions, financial forecasts and related requests for internal or donor approval, where required.
• Develop and maintain fit-for-purpose financial management tools, procedures and controls and contribute to continuous improvement of Facility financial processes.

REQUIREMENTS

QUALIFICATIONS

• A Bachelor's degree in finance, accounting, business administration, economics, public financial management or a related field. A relevant postgraduate qualification or professional accounting qualification would be an advantage.
• Preferably at least 5 years of relevant professional experience in financial management, grants management, accounting, project finance or related functions.
• Demonstrated experience managing budgets and financial reporting for large projects, programs or facilities.
• Experience with donor-funded programs, international organizations, development finance institutions or comparable institutions is highly desirable.
• Experience administering grants, financial agreements or other multi-year financial commitments is highly desirable.
• Experience with GGGY systems and processes is an advantage.
• Strong knowledge of budgeting, forecasting, financial reconciliation and financial controls.
• Experience using enterprise resource planning systems or comparable financial management systems is required; experience with ERP platforms used by international organizations is an advantage.
• Fluency in written and spoken English is required. Knowledge of additional languages relevant to GGGI operations would be an advantage.

FUNCTIONAL

• Strong financial management and analytical skills, with demonstrated ability to manage budgets, forecasts, reconciliations and financial reporting accurately.
• Excellent attention to detail, particularly in managing financial records, payment schedules, supporting documentation and audit trails.
• Strong organizational skills, with the ability to manage multiple transactions, deadlines and reporting requirements simultaneously.
• Ability to work independently, exercise sound judgment and identify and resolve financial or compliance issues in a timely manner.
• Strong communication and interpersonal skills, with the ability to work effectively across finance, program, legal and operational teams.

CORPORATE

• Understands and actively supports GGGI's mission, vision and values.
• Promotes responsible and efficient use of public resources.
• Maintains high standards of integrity, accountability and transparency in financial management.
• Contributes to an organizational culture of collaboration, respect and partnership.
• Shares information effectively and contributes to institutional learning.
• Demonstrates adaptability and willingness to improve systems and processes.
• Works constructively across organizational boundaries and contributes to solving operational

WORKING CONDITIONS

The Grants and Finance Senior Associate is a National Position at G7 grade level in GGGI’s national salary scale. The base salary will be determined depending on qualifications and experience. GGGI provides 15% of base salary towards retirement plan/long-term savings, 27 days of annual leave, and private health insurance that covers dental and vision. GGGI is committed to providing a work environment that is sufficiently flexible to accommodate diverse life-cycle challenges and assist Staff members to achieve a better balance between work and personal/family commitments, thus ensuring high performance, long-term productivity, and well-being of Staff members.