Training on Financial Management of Donor Funded Project

Training on donor funded projects was created to allow those engaged with projects to be effective and efficient in the acquisition and utilizing of money for advancement purposes, using proper application and techniques of accounting and finance concepts.

Who can attend?

Budget accountants, Chief Accountants, Auditors, Finance Directors, Project officers, Administrators, Procurement officers & managers,  Procurement Directors, Finance Managers, Credit Controllers

Training on Donor Funded Projects Objectives

• Enhanced Financial Competence: Participants will gain advanced financial management skills tailored to donor-funded projects, including budgeting, fund tracking, and financial reporting compliant with donor requirements.
• Effective Risk Mitigation: The course will empower participants to identify, assess, and mitigate financial risks associated with donor-funded projects, ensuring project sustainability and compliance.
• Optimized Resource Allocation: Participants will learn how to strategically allocate and manage funds, making the most of available resources while maintaining donor compliance.
• Grant Proposal Writing Proficiency: In addition to financial management, participants will acquire grant proposal writing skills to secure funding for their projects effectively.
• Project Management Integration: This course will emphasize the integration of financial management with project management principles, ensuring that financial decisions align with project goals.

 Course Content 

Module 1: Introduction to Donor-Funded Projects

• Understanding the donor landscape
• Types of donor funding
• Importance of donor-funded projects

Module 2: Advanced Financial Management Techniques

• Financial planning and analysis
• Cash flow optimization
• Advanced budget management
• Financial modeling

Module 3: Donor Compliance and Regulations

• Navigating donor regulations
• Compliance frameworks
• Reporting requirements
• Compliance audits

Module 4: Financial Reporting for Donor Projects

• Creating donor-specific financial reports
• Transparency and accuracy
• Timeliness in reporting
• Data visualization for reporting

Module 5: Budgeting and Forecasting

• Developing project budgets
• Variance analysis
• Rolling forecasts
• Budget revisions

Module 6: Risk Assessment and Management

• Identifying financial risks
• Risk assessment methodologies
• Risk mitigation strategies
• Crisis response planning

Module 7: Grant Proposal Writing Fundamentals

• Crafting compelling proposals
• Proposal structure and content
• Donor-specific proposal requirements
• Proposal review and feedback

Module 8: Project Lifecycle and Management

• Project initiation and planning
• Execution and monitoring
• Closing and evaluation
• Continuous improvement

Module 9: Cost Control and Optimization

• Cost analysis techniques
• Cost reduction strategies
• Cost-benefit analysis
• Lean project management

Module 10: Cash Flow Management

• Managing cash flow in donor projects
• Cash flow forecasting
• Cash flow optimization
• Cash flow statement analysis

Module 11: Auditing and Accountability

• Internal and external audits
• Audit preparation and management
• Corrective actions and follow-up
• Audit best practices

Module 12: Procurement in Donor Projects

• Procurement regulations and guidelines
• Procurement planning
• Vendor selection and evaluation
• Contract management

Module 13: Monitoring and Evaluation

• Performance indicators and metrics
• Monitoring tools and systems
• Impact assessment
• Continuous improvement through evaluation

Module 14: Financial Sustainability Strategies

• Diversifying funding sources
• Resource mobilization
• Sustainable financial models
• Long-term financial planning

Module 15: Ethics and Integrity in Financial Management

• Ethical dilemmas in donor projects
• Codes of conduct
• Whistleblower protection
• Promoting transparency and accountability

Module 16: Financial Tools and Software

• Financial management software
• Data analytics tools
• Excel for financial analysis
• Financial modeling software

Module 17: Donor Relationship Management

• Building and maintaining donor relationships
• Effective communication with donors
• Donor stewardship
• Donor retention strategies

Module 18: Managing Sub-Grants and Partnerships

• Sub-grant management
• Partner selection and assessment
• Collaboration and partnership agreements
• Conflict resolution in partnerships

Module 19: Financial Reporting for Transparency

• Transparency principles and practices
• Communicating financial information
• Engaging stakeholders
• Transparency in reporting processes

Module 20: Crisis Management and Contingency Planning

• Identifying potential crises
• Crisis response plans
• Business continuity planning
• Crisis communication strategies

Module 21: Case Studies and Best Practices

• Analyzing real-world donor-funded projects
• Learning from successful projects
• Identifying common challenges and solutions

Module 22: Group Projects and Presentations

• Collaborative project work
• Presentation skills
• Peer feedback and evaluation
• Applying course knowledge to real projects

PLEASE NOTE

• All the participants should be conversant with the English language.
• All our courses involve a mix of one on one presentations, web based tutorials, group discussions, and practical exercises.
• All courses can be tailor made and adjusted to meet the client’s needs.
• We have a team of professional experts who work as professionals and trainers in their respective fields.
• Each participant will get an Uphilos Consultancy certificate, upon completion of each course.
• All our training sessions are held at Uphilos Center. For groups above five people we can train at any location in Kenya, above ten people any location within East Africa, and above twenty people at any location as per the client’s specifications.
• Participants will be responsible for their travel, dinner, airport transfers, and other personal expenses.
• Accommodation will be arranged upon request at a discounted price.
• All payments should be made two weeks prior to the training for better logistics. Proof of payment should be sent to [email protected]