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Volunteer Finance Specialist



Posted over 30 days ago...

The Finance Specialist is responsible for effective delivery of financial services, transparent utilization of financial resources and management of the IYF financial resources.


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icon Location

London, EC1A 2BN

icon Expires

Expires at anytime

What will you be doing?

(A) Ensure effective and accurate financial resources management and oversight:

Financial analysis and oversight for all resources and provision of high-quality professional advice to the IYF management; Proper planning, expenditure tracking and audit of financial resources in accordance with the IYF rules and regulations; Organization and oversight of the IYF cash management processes, including liquidity management, recommendation of imprest level, risk assessment, bank relationship management, timely accounting and reconciliation of all transactions; Monitoring of financial exception reports for unusual activities, transactions and investigation of anomalies or unusual transactions. Provision of information to supervisors and other IYF staff at HQ on the results of the investigation when satisfactory answers are not obtained;

  (B) Ensure implementation of operational and financial management strategies and procedures:

Full compliance of financial activities, financial recording/reporting system and audit follow up with the IYF rules, regulations, policies and strategies; implementation of the effective internal control, proper design and functioning of the financial resources management system; Continuous analysis and monitoring of the financial situation, presentation of forecasts for development and management projects; Elaboration of the framework and conditions of contribution within the IYF resource mobilization efforts; Elaboration and implementation of cost saving and reduction strategies (including introduction and development of e-banking).

  (C) Ensure proper cash management, focusing on achievement of the following results:

Timely review of cash position for local accounts to ensure sufficient funds on hand for disbursements. Timely identification and recording of receipts for income application; Primary contact with local bank management on routine operational matters including negotiation of exchange rate on replenishments; Transaction and stop payment approval on internet banking system; Timely and accurate approval of bank reconciliation, including documented review of exceptions; Initiation of bank transfers and deals, selecting bank transfers and deals for approval and settlement.

What are we looking for?

Three-years of experience and results preferred in financial management advisory services and/or managing staff and operational systems, fund management role, accounting/finance, youth empowerment role, training, knowledge management, development, communications, international relations, capacity building, sport, women empowerment, youth-led organizations or another relevant field.

What difference will you make?

The Specialist works in close collaboration with the senior management Team, Bureau of Management, programme and project teams, IYF HQ staff, and other partners ensuring successful performance in Finance.


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