1. Purpose and Scope of Assignment
Under the overall supervision of LFA Team Leader (TL), the incumbent is required to perform the function of financial management specialist for the UNOPS LFA activities in Bangladesh by carrying out the following activities:
• Review Disbursement Request/Financial Progress Updates and complete the LFA Progress Review and Recommendation for Ongoing Disbursement forms;
• Timely and relevant review and comments to the Global Fund on the PR’s completed Enhanced Financial Reporting format;
• Review various documents submitted by Principal Recipient and provide independent opinion/analysis of financial adequacy for GFATM grants including budgets, their revisions, Concept Notes, etc;
• Follow data verification procedures and formats, conduct field visits and using the format given by GFATM, provide independent opinion and analysis on the financial management by the PR;
• To conduct any other analysis requested by the LFA Team Leader from time to time;
• Identify financial weaknesses and make recommendations with timeframes for necessary follow up by the PR;
• Discuss with the Country Team Leader any other institutional and financial aspects to be reviewed and take action;
• Prepare mission reports on the format required by Global Fund and submit it to the Country TL;
• Mission travel may be required to support LFA team as and when needed;
• Other activities as per The LFA Manual and/or as assigned;
• Attend field visits with/ without the finance team members and debrief the SRs/SSRs on the filed visit outcomes.
• Suggest remedial measures on the potential weaknesses of the SR Management in the optimum utilization of GFATM grant money and safeguarding the GF grants against any fraud;
• Red-flagging for the Global Fund of any potential risk of misuse of the GFATM Grants.
• Perform other related duties as required. The incumbent is responsible to abide by security policies, administrative instructions, plans and procedures of the UN Security Management System and that of UNOPS.
Impact of Results:
- Reports submitted by the LFA will comply with the deadlines and timescales agreed upon;
- Ad hoc queries by GFATM are promptly responded to;
- LFA clearly demonstrates an understanding of the terms of reference for each activity and GFATM requirements;
- Appropriate reporting template and tools are used by LFA;
- Analysis of data presented in LFA reports is of high quality;
- The conclusions reached in LFA reports are supported by accurate evidence gathered;
- LFA is pro-active in identifying and flagging to the GFATM Fund Portfolio Manager any major risks to effective management of program implementation and funds;
- LFA provides innovative analysis, information, advice, and suggestions for enhancing the quality of GFATM decisions, work processes, templates, tools etc.