LifeWatch ERIC hiring Chief Financial Officer | EMBRC

LifeWatch ERIC hiring Chief Financial Officer

2019.11.21

LifeWatch ERIC hiring Chief Financial Officer

LifeWatch ERIC is hiring its Chief Financial Officer - Deadline for applications 1 December 2019

Chief Financial Officer (CFO) Vacancy

Job description

JOB TITLE: Chief Financial Officer (CFO).

PURPOSE: The CFO will shoulder responsibility on the LifeWatch ERIC financial and administrative activity.

LOCATION: LifeWatch ERIC Statutory Seat premises in Seville, Spain.

POSITION: Full-time, four-year term with a possible extension of another four years, starting from March the 1st, 2020, however the possibility to start as soon as January the 1st, 2020 would be greatly appreciated.

COMPENSATION: Competitive salary, commensurate to degrees and experience.

 

Main accountabilities

Role: The CFO always acts in her/his authority as member of the Executive Board, which deals with the implementation and management of the LifeWatch ERIC activities. In particular the LifeWatch ERIC CFO is involved in the following Tasks and Activities:

Preparation of Financial Statements: (a) Prepares monthly financial reports. S/he will maintain dutifully organized records of all financial activities of LifeWatch ERIC and compile a budget up-date at the end of each month, as well as annually, and/or upon request. The reports will typically detail the inflows and outflows of cash, as well as other assets (for example, in-kind contribution resources). (b) Bears responsibility for keeping all the documentation that supports the figures contained in the report, such as invoices and receipts, for auditing purposes; (c) Certifies that: (i) the financial management of the common facilities is ensured, (ii) the 15% minimum in cash contribution of the members is transferred to to the bank account of LW ERIC and (iii) members which decide to allocate part or all of their in-kind contributions to their Distributed LifeWatch Centres, as long as the financial management of the Common Facilities is ensured, they have paid their 15% minimum in cash contribution, which is transferred to the bank account of LifeWatch ERIC.

Accounts Management: (a) Keeps true and accurate accounts of all income and expenditure, is in charge of supervising the reception of money relating to the accounts receivables of the organization, such as membership fees, project grants, service payment, etc.; (b) Shoulders responsibility on paying the organization's liabilities such as supplier's services, insurance premiums, and other accounts payables; (c) Attends to the financial administration needs of LifeWatch ERIC projects, such as EU H2020 grants.

Management of LifeWatch ERIC suppliers and sub-contractors: As a small structure, LifeWatch ERIC has a number of administrative tasks performed by external suppliers and subcontracts, such as legal advice and accounting. The CFO manages these subcontractors and ensures that they are deployed in the most efficient manner in support of LifeWatch ERIC.

Procurement and Tendering: Is responsible for respecting the procurement and tendering policies of LifeWatch ERIC. S/he is in charge of preparing the procurement documents for interfacing with external suppliers to produce service requests. The CFO produces then after procurement documents, and approves procurement requests and cash disbursements and reflect all the company transactions in a cash-flow statement, which s/he regularly reconciles to keep track of the money.

Budgeting: The CFO prepares the annual budget of LW ERIC, in close collaboration with the Executive Board, after s/he receives recommendations from the Financial Committee and the final approval of the General Assembly of LifeWatch ERIC, which may include details such as allocation of Human Resources time, based on the agreed requirements of the organization.

Auditing: (a) Establishes internal controls, including internal audits, to enhance the effective and efficient use of the resources; (b) Has the accounts of LW ERIC examined every year by auditors appointed by the General Assembly and their written report circulated to all members accompanied by comments of CEO and by any of the members of the Executive Board.

Other administrative responsibilities: (a) Supports the preparation and oversee the execution of contracts, both financially and administration aspects, and in liaison with other

LifeWatch ERIC Officers, LifeWatch Members, the EC and other funding agencies, suppliers, clients, among others; (b) Is responsible on the finances and related administrative procedures, so that they are compliant to the EU ERIC regulations; (c) Contributes to the definition of the financial space of LifeWatch ERIC and collects related socio-economic data and other Key Performance Indicators (KPIs) from the EMBRC partners, towards carrying SWOT analysis of LifeWatch ERIC at regular time intervals and in collaboration with the other Officers and Bodies; (c) Based on her/his experience on public sector administration practices, s/he acts as a liaison between the common facilities and distributed centers of the ERIC on such issues.

For the full Job Description and how to apply, see here: https://www.lifewatch.eu/all-news/-/asset_publisher/BU9HdfPGXPaK/content/hiring-cfo/10181

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