Education Development Center (EDC) is a global nonprofit that advances lasting solutions to improve education, promote health, and expand economic opportunity. Since 1958, we have been a leader in designing, implementing, and evaluating powerful and innovative programs in more than 80 countries around the world.

EDC promotes equity and access to high quality education and health services and products that contribute to thriving communities where people from diverse backgrounds learn, live, and work together. We support an inclusive workplace culture that embraces many perspectives and broadens our understanding of the communities we serve, enhancing and enriching our work. 

EDC is committed to equity, diversity and inclusion in the workplace.

The purpose of the Youth Employment for Migration Prevention (YEMP) Activity is to increase employment of youth at risk of irregular migration in support of Mission-wide efforts to reduce irregular migration to the United States by increasing their educational and income generating opportunities. The beneficiaries will be youth from high out-migration areas as well as other youth at risk of irregular migration, including returned youth migrants. In certain geographic areas youth will be vulnerable and/or at risk of being victims or perpetrators of violence and or at risk of gang recruitment.

Position Description

The  Senior Finance Specialist will ensure full financial and contractual compliance of the all activities with USAID regulations. Working with Contractor’s internal auditing system and Financial Comptroller, the Senior Finance Specialist will establish internal control systems as well as accounting and financial reporting protocols for local subcontractors. S/He will supervise activity financial staff and program budget matters, managing accounting and disbursement needs, verifying that procurements comply with USAID and Contractor’s financial guidelines, overseeing the training of staff and partner NGOs in financial systems, ensuring adherence to management policies, and assuring timely financial reporting to USAID. The Senior Finance Specialist reports directly to the COP with support from Home Office counterparts. 

Responsibilities of the Senior Finance Specialist include, but are not limited to:

• Serve as the senior finance resource for the activity, while providing close oversight of the activity’s financial position at all times.
• Oversee the preparation of monthly quarterly budgets and conduct variance analyses during these same periods.
• Develop and monitor all financial and accounting systems, policies, procedures and internal controls, and adapt them as necessary to meet changing regulations and best practices.
• Lead annual budgeting process and review financial plans and budgets, monitoring progress and changes and keeping management abreast with the financial status.
• Verify procurements comply with USAID and Contractor’s financial guidelines.
• Periodically assess the efficiency and effectiveness of finance and administration procedures in relation to the delivery of technical activities on time and at optimum cost.
• Periodically review the adequacy of internal controls and identify financial and operational risks.
• Ensure compliance with EDC and USAID policies and procedures relating to finance and administration.
• Coordinate any financial, operational audit, or compliance reviews conducted by EDC HO, USAID, and external auditors.
• Lead the preparation and execution of action plans to improve the efficiency and effectiveness of finance and administrative operations, and mitigate operational and compliance risks.
• Implement recommendations arising from any internal or external audit or compliance review
• Oversees work of project accountant(s) to ensure timely and accurate  submission of monthly financial reports to EDC’s Home Office.

The candidate for the position of Senior Finance Specialist shall have at a minimum the following qualifications:

Education:

A master’s degree in Business Administration, International Finance, Accounting or Financial Management, or clearly equivalent academic degree at least at the master’s level.

Skills and Experience:

• At least 8 years of experience in financial management of development activities with increasing levels of responsibility.
• Demonstrated leadership in working with large INGO finance and operations teams involved in nation-wide operations.
• Membership in a professional body such as those for Certified Public Accountants preferred.
• A Honduran or experience working in Honduras is preferred. 
• Needs-based support from Home Office counterparts will be described if needed. 

Language:

Must be professionally proficient and fluent in written and spoken Spanish. Proficiency in English is preferred.

EDC is committed to enhancing the diversity of its workforce and ensuring an equitable and highly inclusive work environment. EDC is a smoke-free workplace, and offers a supportive work environment, competitive salary, and excellent benefits. Women, minorities, and individuals with disabilities are encouraged to apply.