Sr. Finance Specialist

  • Full-time staff position
  • Posted on 4 February 2019
  • Washington, D.C., District of Columbia, United States
  • Closing on 6 March 2019
  • Current

Job Description

At the heart of Pact is the promise of a better tomorrow. A nonprofit international development organization founded in 1971, Pact works on the ground in nearly 40 countries to improve the lives of those who are challenged by poverty and marginalization. We serve these communities because we envision a world where everyone owns their future. To do this, we build systemic solutions in partnership with local organizations, businesses, and governments that create sustainable and resilient communities where those we serve are heard, capable, and vibrant. Pact is a recognized global leader in international development. Our staff have a range of expertise in areas including public health, capacity development, governance and civil society, natural resource management, poverty, fragile states, monitoring and evaluation, small-scale and artisanal mining, microfinance and more. This expertise is combined in Pact’s unique integrated approach, which focuses on systemic changes needed to improve people’s lives.


Global Finance - Pact strives for a world where all people are heard, capable, and vibrant. The Global Finance department helps realize this objective by: • Ensuring accurate timely country office financial data capture and reporting • Timely, accurate submission of funder financial reports and invoices • Helping to mitigate financial risk by building country office finance staff capacity, assisting in audits and improving country office financial processes

Position Overview

The Senior Finance Specialist (SFS) is responsible for all aspects of field financial data management for a specific country portfolio, including quality review and integration of field financial data into Pact’s accounting system(s) and subsequent project reporting. The Senior Finance Specialist is also responsible for funder reporting and invoicing, assisting with monitoring budget variances for funder reporting, responding to funder inquiries and responding to general informational inquiries concerning the assigned country portfolio. The SFS may supervise other team members’ tasks and responsibilities

Key Responsibilities

  • Provides effective oversight to ensure compliance with systems and procedures for cash management, procurement, subgrants and subcontract financial management, documenting and accounting for cost share / match, and financial reporting.
  • Works with the Country Office and Program Delivery staff to prepare reports and invoices to funders on a timely basis and follows up on requests for information, as required.
  • Maintains and monitors Serenic accounting system for accurate financial data to ensure timely and periodic reports for management and other concerned staff.
  • Coordinates with Country Offices and HQ/Finance staff to distribute and respond to requests/questions on actual financial transactions.
  • Provides recommendations for training, improved procedures and improved service delivery in relationship to Country Office finance.
  • Performs monthly desk review, and input as needed, of financial data submitted by specific projects/Country Offices to ensure completeness and propriety of monthly financial data, bank reconciliations and other related financial information.
  • Assist in preparation for audits including gathering information as needed.
  • Engages in the start-up and closing of projects by providing financial information, guidance and assistance.
  • Maintains file organization and filing of electronic reports on the network and journal entry files by country and hard copies filed in the finance archives.
  • Works with Agreement Management team members to review/or negotiate with funders on finance requirements for new agreements/contracts to make sure they are consistent with Pact’s policies/procedures before implementing the project.
  • Provides support to country staff on getting data into and out of Serenic accounting system.
  • Represents finance in country/portfolio calls/meetings to update/understand on the finance issues from programs and provide assistance/recommendation on project financial management when needed.
  • Creates Jet Reports for country and team use, if Jet design training received.
  • Maintains a safe and organized working environment.
  • Performs all other duties as assigned.

Basic Requirements

  • BA and at least 4 years of relevant experience (or equivalent)
  • Ability to travel internationally (10% of time, depending on country requirements)
  • Ability to sustain interpersonal and professional relationships with internal colleagues and contacts in funder and peer organizations
  • Strong understanding of Pact’s strategy and how tasks contribute to the greater good
  • Consistently works within internal process and procedures
  • Strong interpersonal and team building skills
  • Engagement in corporate initiatives
  • Strong planning and time management skills
  • Strong written and oral communication skills, including the ability to make a presentation
  • Ability to problem-solve difficult issues
  • Ability to multitask with ease, adapting to frequently changing priorities
  • Good negotiating and conflict resolution skills
  • Strong understanding of budgets
  • Good experience in one of Pact’s technical areas or a support function
  • Working knowledge and understanding of funder policies and regulations
  • Competence using common desktop applications and internal systems

Preferred Qualifications

  • Working knowledge of GAAP and OMB financial grants regulations (CFR 200)
  • Knowledge of fund accounting
  • Overseas work experience
  • Fluent English and proficiency in another language

Pact provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, gender, gender identity, sexual orientation, genetic information, age, national origin, marital status, disability status, political ideology, military or protected veteran status, or any other characteristic protected by applicable federal, state, or local law.

About the Organization

At the heart of Pact is the promise of a better tomorrow. The promise of a healthy life. Of a decent livelihood. Of sustainable natural resources that benefit communities. Now more than ever in its 42-year history, Pact is helping millions of people who are poor and marginalized discover and build their own solutions and take ownership over their future.
Pact enables systemic solutions that allow those who are poor and marginalized to earn a dignified living, be healthy, and take part in the benefits that nature provides. Pact accomplishes this by strengthening local capacity, forging effective governance systems, and transforming markets into a force for development.

Pact is an equal opportunity employer and does not discriminate in its selection and employment practices on the basis of race, color, religion, sex, national origin, political affiliation, sexual orientation, gender identity, marital status, disability, genetic information, age, membership in an employee organization, or other non-merit factors.

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