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Senior Business Associate, Europe & Eurasia

Internews
Posted 13 hours ago, valid for 2 days
Location

London, Greater London EC1R 0WX

Salary

ÂŁ48,000 - ÂŁ57,600 per annum

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Contract type

Full Time

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Sonic Summary

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  • Internews is seeking a Senior Business Associate for the Europe & Eurasia Programme Management Unit, responsible for providing financial and administrative support to European funded programs.
  • The role requires at least three years of experience in a similar capacity, preferably with European funders, and knowledge of ERP systems is a plus.
  • Key responsibilities include financial administration of projects, budget oversight, payment coordination, and supporting partners with budget planning.
  • The position requires proficiency in MS Office, advanced Excel skills, and fluency in English; knowledge of Russian is an advantage.
  • The salary for this position is competitive and commensurate with experience, and the application deadline is November 10, 2024.

About Internews:

Internews works to ensure access to trusted, quality news and information that empowers people to have a voice in their future and to live healthy, secure, and rewarding lives. We envision a world where everyone can communicate freely with anyone, anywhere, and exchange the news and information they need to shape their communities and the world.

For 35 years and in more than 100 countries, we have worked with our local partners to build hundreds of sustainable organizations, strengthened the capacity of thousands of media professionals, human rights activists, and information entrepreneurs, and reached millions of people with quality, local information, improving lives and building lasting change. On issues ranging from health and the environment to conflict and governance, Internews has developed approaches that harness the power of media and information to create positive change.

General Function:

The Senior Business Associate will work for the Europe & Eurasia Programme Management Unit (PMU) and will provide the highest standards of financial and administrative support to European funded Internews EE Programmes. We are looking for a responsible and professional individual to perform a variety of financial and administrative tasks. Duties of the Senior Business Associate will include the financial administration of current projects, oversight of project budgets and partner spending, facilitation of payment requests, budgetary projections and other financial and administrative duties that may be required during this period.

The Senior Business Associate will work closely with the Senior Programme Officer, the Senior Business Officer and the Programme Finance Analyst to provide timely and quality support to programmes as required.

Key Responsibilities:

  • Financial administration of Internews’s projects:
  • Review project expenditure and ensure accuracy of coding.
  • Manage cash-flow to ensure the availability of project funds at Internews’ offices.
  • Work with Programme Finance Business Partners (PFBPs) to prepare financial reports for donors, prepare notes for financial reports, and ensure that costs are reported in compliance with donor requirements.
  • Monitor co-financing plans.
  • Advise project teams on the correct application of HQ policies and processes, including on procurement, travel, etc.

Budget oversight:

  • Review budget-versus-actuals and facilitate forecasting in line with project activities.
  • Support partners with budget planning.
  • Align internal templates to donor formats for effective monitoring and reporting.
  • Sub-grants oversight and keeping SGA tracker:
  • Support Internews’ partners to prepare budgets under sub-grant agreements.
  • Review financial reports from partners when required and coordinate corrections as required.

Payments and administration:

  • Coordinate payment requests to London, including reviews, confirmations, and follow-ups.
  • Monitor donor income and prepare requests for disbursements to donors.
  • Review and verify suppliers’ invoices to London HQ and Internews’ accounting department in California.
  • Support Accounting field teams in terms of induction and refreshment training regarding Internews and donors’ procedures and policies.
  • Budget development: work closely with Programme Officer, Senior Business Officer and country offices to develop budgets for new proposals. Coordinate on the development of co-financing approaches and plans for opportunities with the European Commission and other European donors.
  • Help set up business processes for new projects, including the preparation of requests for Personal Service Contracts.
  • Support the process of staff contracting for projects.
  • Help project teams with staff charges to relevant projects.
  • Other tasks: participate in project audits carried out at the HQ as required by the London finance controls team.
  • Other financial and administrative tasks may be assigned as required.

Requirements:

  • Relevant degree (preferable) in Accounting, Business Administration or Financial management.
  • Qualification in Accounting (Knowledge of ERP (Agresso) will be a plus)
  • At least three years of experience working in a similar capacity.
  • Experience with European funders (European Commission, SIDA, FCDO, GIZ etc.)
  • ·Proficiency in MS Office. Advanced proficiency in MS Excel.
  • Fluency in English (both written and spoken).
  • Knowledge of Russian will be a plus.
  • Creative and a good team player.
  • ·Excellent multitasking skills.
  • Good prioritization skills and the ability to solve immediate problems.

Vacancy Timeframe:

Deadline for Applications: 10 November 2024

Hiring Process:

Candidates should submit a cover letter and resume through the Taleo application portal. The Cover Letter should be no longer than one page and explain why you'd be a great fit for this position. The resume should be no longer than two pages.

PHYSICAL DEMANDS AND WORK ENVIRONMENT

The physical demands and work environment described here are representative of those that must be met or may be encountered by an employee performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Work hours are generally Monday through Friday from 8:30am to 5pm; occasional irregular hours are required to accommodate international tele-conferences.

The above noted job description is not intended to describe, in detail, the multitude of tasks that may be assigned but rather to give the associate a general sense of the responsibilities.

This position will be in the United Kingdom and therefore a successful applicant must be able to demonstrate their right to work in the UK.

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