Financial management for development professionals

FINANCIAL MANAGEMENT FOR DEVELOPMENT PROJECTS (BLENDED)
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Financial management for development professionals

8 juin–24 juillet 2026
Le cours est disponible en English
Présentation du cours

Financial management for development projects goes far beyond administrative tasks and compliance checks. It is closely tied to the results-based management (RBM) approach used by most donors, who expect a clear connection between planned results, activities, and the resources allocated to them. RBM strongly influences performance-based management by requiring teams to monitor how efficiently resources are used and whether implementation is progressing toward the intended results. As a result, project financial management must ensure that budgeting, reporting, and financial controls directly support the project’s results framework and comply with donor expectations for transparency, accountability, and value for money.

Sound project financial management provides:

  • essential information to those who manage, implement, and oversee projects, including government bodies and financing institutions.
  • assurance to recipient countries, lenders, and donors that resources are being used efficiently and for their intended purposes; and
  • protection against fraud and corruption through robust controls that make it possible to detect unusual patterns or deviations at an early stage.

A strong financial management system also supports effective forecasting and reporting by linking financial decisions with planned results. This requires a clear view of expected outputs and outcomes, combined with precision and preparedness in day-to-day accounting and monitoring.

This course will also explore how emerging AI tools can support different aspects of financial management - from automating data collection to identifying irregularities, strengthening analysis, and improving the overall quality and timeliness of reporting - helping project teams work more efficiently and with greater confidence.

Groupes cibles

Professionals involved in the financial aspects of development projects, including: financial officers, project finance assistants, accountants, disbursement specialists, project managers, and administrative staff supporting project operations.

Why a financial management course?

Effective financial management is vital for achieving the intended results of development projects.  Reporting is central to donor compliance, and clear budgets, accurate financial data, and strong internal controls strengthen decision-making, ensure adherence to donor requirements, and safeguard project resources.

By attending this course, you will gain the practical skills to operate a complete project financial management system - from planning and budgeting to reporting, internal controls, and disbursements. With these competencies, you will be well-equipped to support your organization in delivering projects effectively and contributing directly to the achievement of defined results.

What will I learn? 

By the end of the course, participants will be able to apply the principles and practices of project financial management in line with donor requirements and organizational standards. They will be equipped to contribute directly to effective planning, implementation, monitoring, reporting, and closure of development cooperation projects, namely:

  • Apply Core Concepts and Standards of Project Financial Management
  • Develop and Manage Project Budgets Aligned with Donor Requirements
  • Operate, Monitor, and Report on Project Financial Processes
  • Manage Fiduciary Responsibilities with Integrity and Professionalism
What will I be able to do?

Participants will be able to competently design and operate project financial management systems and make corresponding payments/disbursements in accordance with sound professional standards and the harmonized requirements of donors and their respective governments.

Participants who successfully complete the training can expect to improve or enhance their knowledge and skills and be able to:

  • Explain the principles, definitions and concepts of project financial management:
  • Capture financial parameters in core project documents to the design the financial management system
  • Customize the project financial system
  • Operate the project financial system: budgeting, monitoring, controlling and reporting
  • Close the project financially and coordinate auditors
  • Identify ethical challenges and applying soft skills in managing project finances
Why should I join?

This certification programme is delivered in a blended learning format, combining distance learning with an in-person learning experience. It includes an online phase followed by a one-week workshop in Turin at the United Nations Campus, as part of the 2026 Development Cooperation Academy.

academy

For more information on the Academy please click on the following link 

Once participants have completed the workshop, they will then work remotely with the assistance of an expert on a final project and receive their certification. The entire programme consists of approximately 70 hours of learning.

Moreover:

  • Employers who sponsor participants benefit from strengthened financial management systems and procedures, improving efficiency, transparency, and accountability in their organizations.
  • Successful participants receive a professional certificate, demonstrating their ability to manage project finances in compliance with international standards and donor requirements.
  • The programme is designed and delivered by development practitioners and financial management experts with extensive experience in development cooperation, ensuring practical and applicable learning.
  • Participatory activities include self-paced learning, webinars, case studies, and practical assignments, enabling participants to apply financial management principles in real-world development project contexts
What certification will I get as a successful candidate?

Upon successful completion of the Academy, participants receive a Certificate of Achievement in their chosen discipline.

This certificate shows that you have fulfilled all assignments, knowledge tests and other prerequisites to a minimum standard.

The complete effort amounts to 70 hours of learning.

The certificate is a digital certificate which is protected by block-chain technology and can be displayed on social media.

Diploma

The certifications form part of the ITCILO Diploma for Development Cooperation Specialists:

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