TOR Finance and Accounting Services

2 weeks ago

London, UK, United Kingdom Open Government Partnership Full time

About the Open Government Partnership (OGP)

The Open Government Partnership is a global partnership that brings together government and civil society reformers to create ambitious reforms to advance open government. Recently, OGP launched an ambitious five-year strategy built on five collective goals.

  • Goal 1: Build a growing, committed, and interconnected community of open government reformers, activists, and champions.
  • Goal 2: Make open government central to how all levels and branches of government function and deliver on their priorities
  • Goal 3: Protect and expand civic space.
  • Goal 4: Accelerate collective progress on open government reforms.
  • Goal 5: Become the home of inspirational open government innovations, evidence, and stories.

OGP is a non-profit organization with offices in the US, Belgium, the UK, and Berlin. It offers a primarily remote working environment and has staff in more than 15 countries worldwide.

About the Role

The Open Government Partnership (OGP) Support Unit (SU) seeks an experienced accounting professional with proven track record in the non-profit sector to provide finance and accounting services to support the Finance team. We are looking for an individual with strong understanding of accounting principles, with excellent problem solving skills and attention to detail.

The consultant will assist with preparing and analyzing financial reports and ensuring that financial records are accurate and compliant with relevant regulations where OGP conducts business. This role involves various accounting tasks, including general ledger entries, account reconciliations, financial reporting, and assisting with audits. The Consultant will work closely with other finance team members to ensure that financial and accounting systems, controls, and standards are in place to support the organization's overall financial health.

Ideal candidates should have a Bachelor’s degree in Accounting, Finance, or a related field and experience with accounting software- Intacct or Netsuite preferred. The consultant can work remotely, with a preference to be based in the Washington, D.C. area, London, or Brussels.

Deliverables and Timeline

Consultant services are required through March 31, 2025, with the possibility of a contract extension. Key deliverables and services to be provided include:

  1. General Ledger Maintenance:
    • Prepare and post journal entries to the general ledger.
    • Maintain and update balance sheet account reconciliations.
    • Assist with month-end and year-end closing processes.
  2. Financial Reporting
    • Prepare draft financial statements and supporting schedules
    • Assist in the preparation of monthly, quarterly, and annual financial reports
    • Support compliance with accounting standards and regulations
  3. Accounts Payable and Receivable
    • Review payables and receivables
    • Review and post accounts receivable payments
    • Reconcile bank accounts using the accounting system
  4. Audit and Compliance
    • Assist the finance director with internal and external audits
    • Support the Finance Director to ensure adherence to internal controls, financial policies, and donor requirement regulations
    • Maintain accurate and organised financial records for audit purposes
  5. Budgeting and Forecasting
    • Assist in the preparation of budgets and financial forecasts
    • Assist with analysing variances between actual results and budgeted figures
  6. Special Projects
    • Support special projects and process improvements as needed
    • Support the implementation of new budgeting software

OGP and the Consultant will enter into a service contract as listed in this Terms of Reference. The agreement will start as soon as possible. For services rendered per the description above, the consultant will be issued a contract with a fee of US$60/hour (VAT included) corresponding to about 20 hours per week between October and March. Contract will be for a maximum of 560 hours of work through March 31, 2025, with a ceiling amount of USD $33,600, with possibility of renewal. The consultant will invoice OGP at either monthly or other agreed upon frequency intervals, as preferred, and include details of number of hours worked and description of services rendered per invoice period and banking information. OGP will provide an invoice template.

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