POL-FIN-SRFM-023: Sub recipient financial management policy

This resource relates to the following project management standards and key actions. Click on the links below for guidance to carry out these key actions, and for links to any related policies and other resources.

• Standard 1: Effective planning for quality project design.
• Key Action 2: Make partnering decisions based on partner capacity and performance, what each can contribute, the proposal guidelines, and the operational and competitive environment.
• Standard 8: Timely and comprehensive project financial set-up.
• Key Action 5: Review and document project-specific financial management requirements, roles and responsibilities.
• Key Action 6: Work with partners to set up project-specific financial management and reporting processes, formats, and schedules, and orient partner staff on them.
• Standard 13: Effective financial management during project implementation.
• Key Action 2: Analyze monthly budget/forecast comparison and aging reports to review spending against the detailed implementation plan, and make decisions accordingly.