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Senior Accountant

The Maryland Global Initiatives Corporation (MGIC), an international non-profit affiliate of the University of Maryland, Baltimore (UMB), works to strengthen health systems and reduce the spread and impact of HIV/AIDS in the operational areas. Currently, MGIC has a presence and offices in six countries in sub-Saharan Africa, including Botswana, Kenya, Nigeria, Rwanda, Tanzania, and Zambia.

The University of Maryland manages multiple grants in Zambia and is recruiting for a Senior Accountant for the period from 1st May to 29th September, 2020 to assist with grant finances and to close one of their existing grants. Prior experience with USG grant funding is critical. The position may evolve into a long-term contract based on new funding opportunities that will be determined prior to the end of the short-term contract.

Job Summary:

Perform advanced level review and complex analysis of pre and post grant and non-grant accounting transactions to ensure completeness and accuracy as well as adhere to standards for the Maryland Global Initiatives Corporation.

Essential Functions:

  • Serve as lead department accountant for the MGIC operations. Manage complex, high-volume accounting projects in excess of $40M a year.
  • Define and monitor critical path activities, resolve issues and escalate complex matters as needed to the appropriate contact(s).
  • Create, maintain, and report financial data by funding source for the division each monthly and bi-monthly.
  • Compile, maintain, explain, report bi-weekly Sponsor pipeline and spend plan reports and annual expenditure analysis report.
  • Work with the in country team to develop reporting by program area.
  • Approve in country procurements as needed.
  • Verify accuracy of transactions and uniform application of policies, procedures, and acceptable standards.
  • Implement, track, and report salary projections by employee vis-à-vis available grant and non-grant funding sources.
  • Receive, analyze, adjust, and prepare various internal/external financial ledgers, schedules, exhibits and summaries along with any assigned databases utilized for financial reporting.
  • Review an overwhelming number of financial transactions for completeness and accuracy.
  • Reconcile in country payroll accounting to make it sure it is in line with acceptable US and in- country payroll requirements.
  • Interface with program managers in a team building, spirited way in order to explain complex, financial reports and to guide the program staff to use the financial reports as an accounting tool.
  • Examine and ensure integrity/reliability of the in-country Financial Accounting System.
  • Work with principal investigators, faculty, or staff members to identify potential ledger discrepancies between the financial system and departmental records, providing statistical information to isolate these areas and recommend new procedures to prevent deviations or undesirable accounting trends.
  • Monitor and delegate budgetary transactions (i.e., payroll, accounts receivable, forecasts) on a daily basis.
  • Research and provide overview of procedures and programs for billing, receipt, collection, deposit, allocation of revenue to verify that the system is generating the appropriate entries. This may entail actually learning to use the systems.
  • Develop policies, processes, and procedures to ensure consistent operations.
  • Identify trends and develop solutions for processes that have adverse impact on departmental records. Serve as subject matter expert for accounting system upgrades and changes.
  • Track and maintain inventory databases for purchases on all funding sources.

Minimum Qualifications:

  • Bachelor’s degree in Accounting, Finance, Business Administration or other BA with related accounting experience.
  • 3 years related experience.
  • Equivalent combination of education and experience may be considered.
  • Credit history review may be required.

Knowledge, Skills, and Abilities:

  • Advanced knowledge of best practices in field as well all relevant federal, state, and local rules, regulations, and programs/policies for meeting compliance.
  • Ability to research, compile, compare, forecast, and interpret facts and figures to make sound judgments based upon this knowledge.
  • Ability to effectively use analytical and organizational skills in order to carry out and follow through with complex assignments for which no clear precedents exist.
  • Ability to provide consulting advice and expertise both orally and in writing to clients, peers, subordinates, and management.
  • Ability to lead and participate in the development of policies and procedures.
  • Ability to communicate and interact with, as well as support effective partnerships with peers and subordinates.
  • Skill in serving as liaison with key external agencies, campuses, or other high level contacts.
  • Skill in using PC applications for advanced analysis and useful reporting.
  • Ability to establish and communicate ongoing and new priorities and projects in order to meet scheduled deadlines in a changing environment.
  • Ability to reprioritize data as change warrants; ability to change.
  • Team player

Method of Application

To apply for this job email your details to the email below:

Email applications to
mgic.umaryland@gmail.com
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