Open Society Foundation for South Africa (OSF-SA)
The Open Society Foundations (OSF). OSF-SA is committed to promoting the values, institutions and practices of an open, non-racial and non-sexist, democratic civil society. Foundation for South Africa (OSF-SA) is a grant-making organisation and is part of the global Open Society.
OSF-SA seeks to appoint a Grant Finance Analyst to be based in Cape Town.
Report to: Finance and Operations Director
Duration: Contract length will be for an initial period of three years
The successful candidate will be responsible for strengthening OSF-SA’s assessment, monitoring and reporting of grantee budgets, financial analyses, and reports.
During the Grant Application and Recommendation Writing Phase
- Perform an analysis of applicant’s budget as part of a grant request for purposes of the recommendation to the Board
- Review applicant’s budget for compliance, relevance, completeness, accuracy, and reasonableness
- Complete a Grantee Financial-Health check list
- Conduct grantee financial risk assessments when required / requested
- Support the PD in assessing grantees ability to meet financial reporting obligations
During the Grant Preparation Phase
- Ensure all grant amounts match Board approval
- Ensure accuracy and correctness of all grant budgets
- Ensure grant budget complies with OSF ‘s requirements
During the Monitoring of Grants Phase:
- Review interim and final financial reports and / or statements from grantees for compliance and risks including:
- early detection of issues requiring corrective action
- unauthorised expenditure
- Additional steps to be taken including (where applicable)
- quantify amount of funds that have to be returned
- identifying and authorising line item shifts etc.
- Support the FD in assessing and recommending remedial steps, where required for grantees
At Closing of Grants Phase
- Review final financial reports of grantees for:
- And determine quantum of any amounts owing to OSF-SA (including notifying the FD and GSU)
Grant and Finance Support
- To provide management with relevant analyses and reports related to the financial spending and constraints faced by grantees
- Review and check grantee and OSF prepared budgets in grant recommendations and grant agreements
- Review and check accuracy of budget allocations in instances of thematic co-funding for grantees (or vice -versa)
- Perform other projects relevant for the role as determined by the Finance and Programme Directors from time to time
- B com accounting degree
- At least two to three years’ experience in a financial, audit or governance environment
- A valid driver’s license
- Computer literacy (Microsoft Office: Word and Excel)
- Report writing
- Financial reporting/analysis
- Risk analysis/assessment
- Knowledge of donor and NGO business models and operations is preferable
- Knowledge of US rules for grant making is preferable (bi-furcation)
- Strong oral and written communication skills
- Ability to plan, prioritise and organise resources and deliverables
- Ability to work under time pressures and travel locally
- Be a problem solver
- Ability to think strategically
- Pay attention to detail (accuracy)
- Presentation skills
- Ability to always meet deadlines
- Team player within a diverse work environment
- Building and managing relationships
- Show initiative
- Ability to work independently
- Honesty, integrity, and high levels of professionalism and confidentiality
To apply, submit your updated CV together with a covering letter of no more than 800 words to HR@osfsa.org.za
Please quote the source of this advertisement in your application - NGO Pulse Portal
Preference will be given to AA candidates.
Applicants must be South African citizens.
Only shortlisted candidates will receive a written response.
If you do not receive a response within two weeks, you may assume that your application has not been successful.
For more about the Open Society Foundation for South Africa, refer to www.osf.org.za
For other vacancies in the NGO sector, refer to www.ngopulse.org/vacancies