Financial Management Consultant

Job Posting Organization:
The Department of Nuclear Energy is dedicated to promoting the efficient and safe use of nuclear power. Its mission includes supporting Member States in enhancing the performance of nuclear power plants, managing the nuclear fuel cycle, and addressing nuclear waste management. The organization also focuses on fostering innovation in nuclear technologies, developing national energy planning capabilities, deploying new nuclear power plants, and preserving nuclear knowledge. Established to advance science and industry through improved operation of research reactors, the department plays a crucial role in the global nuclear energy landscape.

Job Overview:
The Financial Management Consultant will operate under the supervision of the PRM Coordinator, tasked with delivering high-quality financial management and analytical expertise. This role is pivotal in ensuring accurate forecasting, timely reporting, and efficient utilization of funds for various projects, specifically MP1 RB and EB awards. The consultant will utilize their expertise in grant management, analysis" style="border-bottom: 1px dotted #007bff !important;">financial analysis, compliance, and donor communication to enhance organizational processes and support informed decision-making. The position requires a proactive approach to financial monitoring and analysis, ensuring that the organization meets its financial obligations and maximizes its resources effectively.

Duties and Responsibilities:
The consultant's responsibilities include conducting regular financial analyses to aid leadership in decision-making, developing and maintaining financial forecasts for ongoing and upcoming projects, and monitoring extrabudgetary budgets and expenditures. This includes assessing financial risks associated with NE extra budgetary funded projects such as MSCFP, LMP, INPRO, and LEU Bank. The consultant will also strengthen internal budgeting tools and financial tracking systems, recommend and implement fund adjustments, and corrective actions as necessary. Additionally, the consultant will prepare high-quality financial reports for donors and internal stakeholders, ensuring compliance with donor requirements, and will draft and review agreements and financial terms with prospective donors. Tracking funding opportunities and supporting outreach to potential donors, including planning meetings and presentations for fundraising, partnerships, and donor stewardship, will also be part of the role. Finally, the consultant will track and finalize Unliquidated Obligations (ULOs) from EB/RB awards in close coordination with MTBF.

Required Qualifications:
Candidates must possess a university degree in finance, business administration, or a related field. A minimum of one year of relevant work experience is required, particularly in financial monitoring and analysis, as well as data management. Proficiency in MS Office applications, especially Excel, is essential. Experience with Oracle or other ERP systems is also necessary. Strong written and oral communication skills are critical for success in this role.

Educational Background:
The position requires a university degree in finance, business administration, or a related field. This educational background is essential to ensure that the consultant has the necessary theoretical knowledge and practical skills to perform financial analyses and manage budgets effectively.

Experience:
The consultant should have at least one year of relevant work experience in financial monitoring and analysis. This experience should include data management and familiarity with financial reporting processes. The candidate should also have a proven track record of working with financial tools and systems, which will be crucial for the responsibilities outlined in the job description.

Languages:
While the job description does not specify mandatory languages, proficiency in English is likely essential given the international context of the organization. Additional languages may be beneficial, particularly those relevant to the organization's member states and donor communications.

Additional Notes:
The consultancy offers a daily fee of up to a maximum of €250, depending on qualifications and experience. If duty travel is required, a daily subsistence allowance (DSA) and travel costs will be provided. It is important to note that health coverage and pension fund responsibilities lie with the consultant.