Purpose:
Ensures the integrity of Country Office financial management systems including general accounting policies and procedures, financial reporting, budget formulation and monitoring and financial analysis.
Responsibilities:
- Ensures financial stewardship and accountability at all levels of financial operations. Ensures the integrity of financial management systems within the Country Office. Ensures that proper internal controls exist and are followed for all financial activities of the Country Office
- Ensures compliance with internal control policies related to the financial and administrative components, according to HQ procedures and donor’s requirements
- Ensures that accounting manuals are updated and revised periodically
- Ensure that In country financial policies are updated and are in compliance with local laws
- Prepare operating budget for the country office and update the same on quarterly basis, keep management informed about any gaps and in consultation with country management take necessary steps to remove the gap
- Take lead in preparation of costed work plans for the all active grants and update these on quarterly basis
- Prepare Budget Vs Actual (BVA) for all active grants and conduct monthly meeting with team on BVA’s
- Work with Regional controller on Revenue Forecast of the country and update the same on as and when requested
- Oversee the financial software system and direct the appropriate monthly accounting closing procedures. Ensure appropriate communication on financial matters with the Regional/HQ finance
- Ensures timely and quality information for all financial reporting requirements
- Ensures that annual audit is conducted according to procedures, the timely closure of audit recommendations, documentation and preparation of a plan of action and audit corrective measures are followed
- Monitor cash flow in collaboration with the Country Director; keep leadership informed about significant operational variances from budget or other financial issues. Supervises the preparation of cash flow and cash transfer requests and ensures that appropriate balances are maintained to facilitate smooth program implementation
- Supervises bank relations and bank account activities including transfers, fees, interest and currency exchange rates. In compliance with organization policies, establishes country policies regarding cash holding limits, cash movements and fund management. Oversees the timely preparation, review and approval of all monthly bank accounts and cash reconciliations
- Coordinates the preparation, and implementation of budgets; monitors financial performance compared to the budget throughout the year and takes corrective actions as appropriate
Qualifications:
- Bachelor’s degree in business administration, accounting, finance or related field or equivalent relevant work experience
- At least seven (7) years of relevant experience working for INGO in finance, accounting in managerial positions
- Knowledge of international donors’ major compliance rules and regulations
- Strong spreadsheet and data analysis advanced skills (Microsoft Office, especially Excel, any accounting software, using INTACCT software would be an advantage)
- Knowledge of financial controlling / audits considered an asset
- Dynamic, motivated and flexible self-starter leader with creative problem-solving skills
- Cultural sensitivity
- Strong communication skills, with excellent written and spoken English and Arabic
Application deadline: 21 July 2022.
