Budgeting Expert

6 days ago


Makati City, National Capital Region, Philippines Panoptik Global Full time

Job Summary:

  • This role is responsible for providing expert financial guidance and support to Country Offices.
  • The successful candidate will be a key member of the Panoptik Global team, playing a critical role in ensuring the timely and accurate updating of budget information in PRISM.

Key Responsibilities:

  • Regularly assess all projects in the system to ensure completeness and accuracy of budget information.
  • Act as a resource person providing general support to Country Offices for issues related to budgeting for new projects (BNP) process - interim budgeting solution.
  • Analyze, endorse, and track all BNP(s) received from Country Offices prior to uploading. Ensure that budget amounts are supported by signed donor agreements.
  • Facilitate the implementation of the monthly budget update exercise to ensure the timely update of budget in PRISM for active projects where actual expenses are exceeding the uploaded budget.
  • Assist in the monitoring of the Budget Consumption and Status Alerts (BCSA) system ensuring the overall timeliness and accuracy of the data from the system generated notification relative to project budget ratios and consumption.
  • C Coordinate and conduct testing for enhancements of the BNP interim solution template before deployment.
  • Provide support in the actualization of prior year/s' budget for all active projects.
  • Provide support in the implementation of the budget versioning functionality in PRISM with the aim of reflecting approved plan scenarios based on different planning assumptions and store the relevant historical budget data to the system for analysis purposes.
  • Regularly monitor and review the monthly charges to the Terminal Emoluments General Ledger accounts.
  • Manage MBS and TE mailboxes and ensure timely and systematic archiving of budget files and related supports to IOM portal and local drives.

Requirements:

  • Education:
  • University degree in Accounting, Finance, Business Administration or a related field from an accredited academic institution.
  • Experience:
  • Two years of relevant professional experience in the field of accounting, budgeting or finance.
  • Skills:
  • In-depth knowledge of the broad range of migration-related subject areas dealt with by the Organization.
  • Knowledge of financial rules and regulations.
  • Knowledge of International Public Sector Accounting Standards (IPSAS).


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