Grants Finance Officer

1 month ago

Western Cape Cape Town, South Africa The African Climate Foundation Full time
The African Climate Foundation’s job vacancy, Career and Recruitment

Job title : Grants Finance Officer jobs in Western Cape

Job Location : Western Cape, Cape Town

Deadline : April 05, 2024

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About the Role

The Grants Finance Officer plays a critical role in ensuring the financial integrity and compliance of grant-funded programs within the organization. This position requires meticulous attention to detail, strong financial acumen, and the ability to work collaboratively with various stakeholders to manage grant funds effectively.

Responsibilities:
Financial Management:

Manage the financial aspects of grant-funded projects from inception to completion. Develop and maintain budgets for grant proposals in collaboration with program managers and other stakeholders. Monitor grant expenditures, ensuring compliance with grant guidelines, organizational policies, and regulatory requirements. Track and reconcile grant revenues and expenses, including allocations, reimbursements, and invoicing. Prepare financial reports for funders, internal stakeholders, and management, highlighting budget variances and financial performance.

Grant Compliance:

Stay updated on grant regulations, guidelines, and reporting requirements from various funding sources. Ensure adherence to grant terms and conditions, including allowable costs, timeframes, and reporting deadlines. Collaborate with program staff to ensure program activities align with approved budgets and comply with funder requirements. Support internal and external audits related to grant-funded projects, providing accurate financial documentation and explanations as needed.

Proposal Development:

Assist in the development of grant proposals by providing financial information, budget templates, and cost projections. Review grant proposals to ensure alignment with organizational financial policies and procedures. Participate in the budget negotiation process with funders and partners to secure adequate funding for proposed projects.

Capacity Building and Training:

Provide guidance and training to program staff on grant-related financial processes, procedures, and compliance requirements. Support capacity-building efforts to enhance the financial management skills of project teams and sub-recipients. Offer technical assistance and troubleshooting support to address financial challenges encountered during grant implementation.

Collaboration and Communication:

Collaborate closely with program managers, project coordinators, and other cross-functional teams to ensure effective grant management. Communicate regularly with funders, partners, and stakeholders regarding financial matters, reporting requirements, and budgetary concerns. Foster positive relationships with external stakeholders, representing the organization professionally in financial matters related to grant funding.

Required Qualifications and Experience
Minimum requirements:

Bachelor’s degree in finance, accounting, business administration, or related field. Proven experience (3+ years) in financial management, preferably in a nonprofit organization or grants management setting. Strong understanding of grant accounting principles, budgeting, financial analysis, and reporting. Familiarity with government regulations, grant compliance standards, and financial best practices for grants administration. Proficiency in financial software and tools. Xero experience advantageous, and grant management systems (Giving Data experience advantageous). Excellent analytical skills, attention to detail, and ability to manage multiple tasks efficiently. Effective communication and interpersonal skills, with the ability to work collaboratively in a team environment. Commitment to the organization’s mission and values, with a passion for supporting initiatives that make a positive impact on communities.

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