Senior Accounting Specialist (Long-term Expert) Timor Leste

Posted on:
24 Nov, 2022
Application by:
18 Dec, 2022
Project status:
Project title:
Fiscal Agent Services for Millennium Challenge Account
Period of project:
project start 2023
Duration of assignment:
One year with prolongation for up to 6 one-year options
Duty station:
Job code:

Project description

The U.S. government’s Millennium Challenge Corporation (MCC) and the Government of Timor-Leste have entered into a $420 million grant agreement (Compact), partnering to deliver sustainable and inclusive economic growth for the people of Timor-Leste. The Timor-Leste Compact seeks to improve the health and skills of people in Timor-Leste by reducing the disease burden caused by contaminated water sources and enhancing teaching and learning at the secondary school level.
This program includes Fiscal Agent Services, which is expected to start in mid-2023.
In its capacity, the Fiscal Agent shall diligently oversee, discharge and perform all services necessary to achieve the optimum value for the monies expended while ensuring that all financial transactions are conducted in strict compliance with principles, rules and procedures set out in the Compact and its Supplemental Agreements.

GFA Consulting Group, based in Hamburg, Germany, has a sound track record in providing Fiscal Agent Services for MCC projects all over the world.

Job description

The Senior Accountant Specialist will support the team leader in the execution of the overall responsibilities of the contract. Moreover, the candidate will bear specific responsibility as follows:
Detailed Tasks Assigned

  • Responsible for the maintenance and any potential upgrade of the automated accounting system including accounting software, charts of accounts, accounting rules and procedures, data entry, month-end closure of accounts, budget recording,  general ledger accounting, etc.
  • Supporting the FAM in producing all required ad-hoc, monthly, quarterly, semi-annually and annually financial reports, both for MCA and MCC
  • Participation in the review of project deliverables such as FAP, Audit Plans, DRP etc.
  • Responsible for bank accounts, bank reconciliations, CPS reconciliation and cash reporting
  • Responsible for the maintenance of a filing system (physical and electronic)
  • Participation in capacity building related to accounting/reporting
  • Supervision of local accounting specialists
  • Reporting to the FAM


The Senior Accounting Specialist will at a minimum possess the following qualifications, skills and professional experience:

  1. Education or training in economics, finance, accounting, or related field
  2. Professional financial management/accountancy qualification or specialized training
  3. Significant experience working as a professional accountant (at least 8 years)
  4. Excellent knowledge and experience in working with IFRS or U.S. GAAP.
  5. Experience working in projects financed by international donors. Working experience for MCC, USAID,  WB, Global Fund is a strong asset
  6. Demonstrated experience in the design, maintenance and use of automated financial management and accounting systems. Experience with SAP-based systems is desirable
  7. Demonstrated accounting experience in project implementation activities is desirable
  8. Proficiency in written and spoken English is required

Contact person

  Andrea Leber

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