Overview:
The Solomon Islands-Australia Partnership for Governance commenced in January 2022 and is an AUD $35.8 million dollar investment where Australia partners with the Solomon Islands Government (SIG) to support its critical priorities over four years. The goal is to build economic resilience and promote policies and practices for sustainable economic recovery and growth. Australia’s objective for this program is to strengthen accountable and inclusive governance in partnership with SIG other stakeholders. The program will contribute to the goal through four end-of-program outcomes.
EOPO1: SIG has strengthened public financial management and oversight.
EOPO2: SIG has improved domestic revenue generation and improved capability in targeted areas.
EOPO3: SIG has strengthened inclusive democratic processes and expanded opportunities for stakeholder engagement in public policy dialogue.
EOPO4: The program generates strengthened relationships between SIG and the Government of Australia.
Position Summary:
The objective of the role is to augment the internal financial monitoring of MoFT by ensuring financial vigilance and accountability, through accurate financial reconciliation.
Key Responsibilities:
Reconciliation Activities
Balance sheet reconciliations for accounts - Accounts identified at the General Ledger (GL) level, not linked to a subledger, for reconciliation and analysis which could include: prepaids, other accounts receivables, accruals, withholding tax payable, salaries and social charges payable and provision accounts, suspense accounts and hosted organisation advance accounts. Cash and Bank Subledger - Reconcile and clear the Cash in Transit account and reconcile and make corrections for the GL to the SL reconciliation for Cash and Bank. Accounts Receivable (AR) Subledger - Analyse the AR aging report and identify if there are any old items for follow-up and potential adjustment. Reconcile the GL to the SL for AR accounts and identify differences for correction. Coordinate with office to complete the corrections. Accounts Payable (AP) Subledger - Analyse the AP aging report and identify if any old items and unusual balances. This includes the three types of AP vendor categories: Implementing Partners, Staff vendor and Suppliers. Reconcile the GL to the SL for AP accounts or identify differences for correction. Coordinate with office to complete the correctionsEvaluate Current Processes
Assess the existing financial reconciliation processes for accounts payable, accounts receivables, and imprest to identify inefficiencies and gaps.Provide Strategic Recommendations
Offer strategic recommendations to streamline processes and enhance financial controls.General
Other duties as requested by direct line manager(s).
Key Deliverables:
Assessment Phase – conduct detailed review of the current reconciliation processes for AP/AR and imprest accounts. Work Plan - developed collaboration with the Accountant-General and Deputy Accountant-General, and provided to the Governance Partnership Team Leader, in the agreed format. Monthly progress reports - outlining monthly progress against the activities and outputs detailed in the work plan; to be provided to the Team Leader, Governance Partnership, in the requested format. Six-monthly review and reflection report – on an ad-hoc basis, a report providing a deeper analysis of progress towards achievement of the program outcomes; to be provided to the Team Leader, Governance Partnership, in the requested format. Exit report - upon completion of the engagement, to be provided to the Team Leader, Governance Partnership.
Key Working Relationships:
On a day-to-day basis, the position reports to the Accountant-General, MOFT. Monitoring and evaluation of performance will be undertaken by the Team Leader, Governance Partnership, in consultation with key stakeholders in MoFT and AHC. The Adviser will report to the Team Leader, Governance Partnership on contractual issues.
Selection Criteria:
Qualifications
Postgraduate qualification in accounting or financial management. Preferably with professional licensure/accreditation on Accountancy, e.g. Chartered Accountants ANZ or CPA Australia.Experience
Extensive experience in public or private sector financial management, with an emphasis on accounting, cash-flow management and financial reporting. Proven skills in reviewing and developing financial management policies and procedures. Excellent analytical and report writing skills and a practical approach to problem solving and risk management. Demonstrated understanding of how to apply gender equality and other socially inclusive approaches at a practical level. Experience working on international development programs in the Solomon Islands or in the Melanesian/Pacific Islands context, demonstrating cross cultural skills.
Performance Competencies
Technical Skills, Excellence and Quality Project & Task Management People Relations / Management Business Insight/Development & Client Relations Collaboration, Thought Leadership & Rep CapCultural Competencies
Be a Good Corporate Citizen Adopting an Equity Lens Adapting to Change
How to Apply
Please apply online via our Abt Careers website
Please attach a cover letter and a detailed CV as a single document, addressing how you meet te requirements of the role.
Don’t meet every single requirement? Studies have shown that women and people with sexual diversity or disability, are less likely to apply to jobs unless they meet every single requirement for a position. At Abt Associates we are dedicated to building a diverse, inclusive and authentic workplace, so if you are excited about this role but your past experience doesn’t align perfectly with every role requirement, we encourage you to apply in any case. You may be just the right candidate for this or for other roles.
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