TERMS OF REFERENCE

Head of the FMU

Duty station: Mogadishu, Somalia

Position title: Head of the FMU, Ministry of Finance, Somalia

Reporting to: Minister of Finance

Duration: 12 months

Date Issue: 9/04/2013

Closing Date: 15/04/2013

Background:

The Special Financing Facility (SFF) has been established as a mechanism to channel financial support from international donors to the Federal Government of Somalia (FGS) to support its recurrent budget deficit, while also providing capital financing for selected local development initiatives that will enhance the Government’s credibility with the local population. The SFF will be implemented by the Ministry of Finance, which is establishing two units for SFF implementation and financial management. The units will be located in the Ministry of Finance. The Ministry will be supported by an externally-recruited Financial Agent (FA) who will provide fiduciary assurance and support the operations of the two units.

The Financial Management Unit (FMU) will be responsible for managing the SFF local accounts, approving contracts, processing payments, preparing withdrawal applications for submission to the Administrator, maintaining financial records and making all payments made through the SFF available for audit scrutiny. The FMU will be expected to prepare monthly financial statements for scrutiny by the Operational Committee, and quarterly financial statements for submission to the Oversight Board. The FMU will also prepare regular statements for the Minister of Finance to submit to Parliament and make publically available through the SFF website and other communication channels.

Essential functions:

The Head of the FMU is in charge of overall administrative and financial management with the following responsibilities:

  • Management of FMU personnel in line with SFF Operations Manual policies and guidelines (including anti-corruption guidelines and Code of Conduct).
  • Ensuring safety and security of FMU resources.
  • Ensures proper implementation of all payments, reporting and accounting procedures and tools for financial systems management. Sets tasks and deadlines for Accounts and Payments Heads and overall responsibility for all payment and accounts officers.
  • Ensure the timely and systematic reporting to minister of finance, SFF Operational Committee and SFF Oversight Board, including preparation of monthly, quarterly, half-yearly and annual progress reports and other reports.
  • Serves as a primary liaison and contact person for the Financial Agent and provides all necessary support to enable the Financial Agent to fulfill its roles and responsibilities.
  • Co-ordination with the relevant duty and other relevant stakeholders.
  • Representing FMU in a professional manner among stakeholders.

Required qualifications:

  • Relevant university degree or higher education, preferably in social sciences or international development.
  • Professional qualification in accounting
  • Minimum of 7 years of relevant working experience in financial and administration management
  • Demonstrated experience in managing teams
  • Strong communication and representation skills.
  • A drive for results in a relatively high-volume, quick-paced programme environment, creativity and analytical capability required to respond to evolving programme demands and current events.
  • Strong inter-personal skills and ability to work within and build a team environment, ability to provide both detailed and strategic analysis, excellent communication and negotiation skills, ability to work effectively and harmoniously within a diverse work environment.
  • Ability to adapt and cope with changes.
  • Excellent computer skills.
  • Written and spoken fluency in Somali and English required.

Interested and qualified candidates are requested to submit online applications only according to the following procedure

  • An updated CV; and an application letter which should include contact information for three work-related referees.
  • Hand delivered applications will no longer be accepted.
  • Applications that do not meet the above requirements will be disregarded
  • Only shortlisted candidates will be contacted.
  • Send your application on the following email: [email protected] or [email protected]

QUALIFIED FEMALE CANDIDATES ARE PARTICULARLY ENCOURAGED TO APPLY