About the Role:World Wildlife Fund, Inc. is an Accredited Entity (AE) of the Green Climate Fund (GCF). The GCF is the world's largest dedicated fund helping developing countries reduce their greenhouse gas emissions and enhance their ability to respond to climate change. Based on specialized fiduciary and programming expertise, Accredited Entities partner with the GCF and developing countries to carry out activities that include the development of GCF funding proposals and the management and monitoring of projects and programs funded by the GCF. This position works under the supervision of the GCF AE Financial Director, and in collaboration with team members of the GCF Accredited Entity unit, and other teams across WWF.Major Function  The Sr. Specialist will oversee the execution of project budgets, financial tracking, analysis and reporting, grants and agreements, change requests, and administrative functions for assigned Green Climate Fund projects, and support with long-range planning and general administration of the WWF GCF Accredited Entity. The Sr. Specialist will work closely with the Accredited Entity’s in-country project execution partners and oversee their execution of medium sized ($50M to $250M) GCF projects. The role will be responsible for meeting performance measures as outlined in the program operations standards, and for complying with organizational and donor-imposed reporting requirements. Key Responsibilities  Project Implementation   Financial oversight of assigned GCF projects including the following:Ensures in-country project execution partners remain compliant with GCF and WWF fiduciary policies (Prohibited Practices; Procurement; AML/CFT; Information Disclosure, etc.).Supports in overseeing the lifecycle of outgoing agreements under assigned projects.Reviews and analyzes quarterly project financial reports to ensure compliance with budget and monitor progress of financial milestones.Ensures spending levels under assigned projects are appropriate and coding is correct. Identifies problems and recommends corrective action and assists in the revision of budgets as necessary. Prepares project-level financial information for GCF Semi-Annual and Annual Performance Reports.Reviews audit reports of project execution partners and works with AE Financial Director to draft response plans as necessary.Meets with the AE Implementation Lead on an ongoing basis to ensure alignment between project financial progress and reported technical progress.Participates in project supervision missions annually to ensure appropriate financial and administrative management systems are implemented in-country to meet the level and complexity of funding.Capacity Building: Provides training and guidance to in-country project execution staff on GCF requirements and WWF US procedures as they relate to the financial operations of assigned GCF projects.  Project Development Provides guidance and input to the Budget, Procurement Plan, Risk Assessment and Management, AE Fee Request, Term Sheet, First level AML/CFT (KYC) assessment sections of the GCF Funding Proposal.Oversees due diligence on proposed project execution partners, ensuring that recommended risk mitigation is reflected in the sub agreements and reviewed during annual supervision missions.Grants and Contracts: In collaboration with General Counsel's office, reviews the draft Term Sheet and GCF Funded Activity Agreement (FAA) and drafts changes/amendments to FAA.  WWF Institutional Assists in the annual budgeting process for the GCF AE program, including 3-year GCF AE program forecasts.Serves as a resource for GCF financial and administrative policies. Coordinates and expedites information-sharing both intra-departmentally and inter-departmentally.Ensures that budgets for project staff are incorporated into their department annual budgets and three-year projections.Recommends and implements departmental procedures and provides feedback on policies and operating procedures. Maintains good working relationships and stays abreast of program issues to provide overall support to program initiatives.  Compliance and Risk Management Conducts bi-annual risk assessments of in-country project execution partners under the supervision of AE Financial Director and develops risk mitigation plans as necessary.Coordinates with Vice President of Accounting and Controller on WWF GCF AE Audit and other reports as required by the GCF.Maintains a working knowledge of relevant GCF Policies ensuring that updates are communicated to relevant parties and templates are revised accordingly.Performs other duties as assigned.
