SAP/Imprest Administration: · SAP processing and payment of local staff salaries and benefits · SAP processing and payment of travel advances and Statement of Expenses (SOEs), · SAP Processing of PO and SES and related payments · SAP processing and payment of office expenses, (petty cash or bank) including maintaining petty cash / bank payment journals · SAP payment to Short Term Consultants and STT · Monitoring and ensuring replenishment of petty cash/bank account funds · Financial assistance, rental advances to staff and related HR Ben entries · Ensuring reimbursement of VAT and other taxes (i.e., collecting supporting documents, liaising with local tax authorities, monitoring reimbursement) · Preparing monthly Imprest accounting compliance reports · Liaise with Bank in connection with IFC corporate accounts · Liaise with IBRD Chennai on various imprest and travel related issues. Budgeting, Monitoring & Reporting: · Regularly utilizing SAP reports to ensure compliance with WB Imprest accounting rules · Preparing ad-hoc financial reports at the request of Management · Advisory Budget, monthly monitoring, quarterly DFO reporting · Project budgeting in IBIS · Preparing draft IBTF and required IBTF revisions for Program TFs · Implementing and monitoring controls to ensure use of Facility/Program funds complies with Donor and WB/IFC policies and procedures · Follow up cost recovery policy and procedures; regularly reviewing and ensuring control of cost recovery practices · Monitoring use of Facility/Program funding for cash flow and budget availability; analyzing variance · Ensuring replenishment of Facility/Program funding · Assistance in preparation of annual Admin budget and regular monitoring Guidance, Policy Development and Implementation: · Providing expert advice and guidance on accounting theory and practice, recommending solutions to complex issues · Providing guidance and training for new Finance staff on relevant WB/IFC policies and Donor requirements · Knowledge sharing of new WB/IFC policies and procedures, ensuring these are communicated and implemented throughout IFC Regional Department · Providing guidance to the Finance Assistant/Program/Team Assistant(s) on finance-related issues |