Finco Course

About the course

The FINCO Course is an introduction to allow participants to carry out their tasks in the field. This course is also a good introduction to Finance Management in MSF for all members of the Finance Department (in the field and also in headquarters). 

The main aim of this course is to allow Finance Coordinators to get a better understanding of the complexity of Finance Management in MSF missions and identify their main tasks and responsibilities, the complexity of which is more due to the specific contexts where MSF works than to the technical level of MSF finances.

The modality of this course is just self-learning , which means the student will work at her own pace. The course includes self-learning activities, quizzes , videos and access to resources and tools. In order to get closer to the real scenarios that the FINCO faces in his/her position, we have designed a series of simulations where students will have the opportunity to observe common and realistic situations in a FINCO’s office.

Learning objectives

By the end of the course, participants will be able to:

  •  Identify the scope of the Finance Management in MSF missions by the different areas: Treasury, Accountancy, Budget Planning and Monitoring, Staff Management, Grant Management, Administration and Financial Risk Identification and Control
  •  Identify the role of the Finco as Finance Manager and as a member of the Coordination Management Team
  •  Describe the main tasks and responsabilities of the Finance Management Team by role and area and the interaction with the rest of the areas (Medical, Human Resources, Logistical and Supply
  •  Identify the procedures and tools to develop the different tasks
  •  Identify the financial risks and implement the measures to mitigate them
  •  Recognize the particularities (and challenges) of Financial Management in the different contexts where MSF works

Evaluation

Students can take specific modules if they want, however, in order to obtain the certificate; students need to achieve a score of 100% on the final quiz on each module