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Finance Director

Posted about 1 month ago by MSELECT
Location Erbil, Iraq Job Type
Salary Sector Construction

MSELECT is looking to hire a Finance Director for a major construction client in Erbil. Candidates must have a minimum of 5 years’ experience in accounting/financial management and be fluent in English, Kurdish and Arabic.

PURPOSE
To provide leadership, direction, and management in the financial and facility operations

KEY RESPONSIBILITIES

  • In collaboration with the President and CEO, Treasurer, Finance/Building Committee and Board of Directors formulate and implements annual financial strategies in support of operations and strategic plan.
  • Oversees, coordinates, and prepares operating budgets, financial forecasts, and interim financial statements.
  • Directs and monitors the daily operations of the Finance Associate and maintains the systems of internal accounting controls.
  • Supervises Building Superintendent to maintain facilities and arrange for necessary repairs and improvements.
  • Works with directors monitor annual department budgets.
  • Monitors compliance with membership requirements.
  • Provides staff support and leadership to the Finance/Building Committee for preparation of annual audit by external auditor.
  • Serves as Administrator for employee benefits plans.
  • Monitor’s performance and compliance of retirement, medical, dental, life, AD&D, LTD, and all other benefits
  • Manages and directs cash flow and investment portfolio in conjunction with Finance/Building committee, board, and CEO.
  • Assists in writing grant budgets and serves as fiscal agent for grants awarded.
  • Participates as a member of the Leadership Team in strategic planning to achieve company mission.

Day to Day operations Accounts Payable

  • Oversee all Accounts Payable checks, including monthly grant distributions, and agency designation checks

Accounts Receivable

  • Oversee Accounts Receivables including payments on pledges, funds from leases, grant and sponsorship monies and miscellaneous income.
  • Works with Donations Processing Manager to ensure accuracy of pledges and donor designated gifts.
  • Ensures accurate payment of designations.

Payroll

  • Ensure new employees are enrolled into payroll and benefits. Oversee payroll including accurate tracking of staff leave, tax deductions, and staff-authorized deductions.

General Ledger

  • Maintain General Ledger for operating budgets
  • Generate monthly Financial Statements for each budget

Budget

  • Initiate development of annual budgets
  • Work with relevant department directors to develop budgets
  • Maintain and revise budgets as needed
  • Present budgets and financial statements to the Finance/Building Committee and work with the Chair to present financials to the Board of Directors
  • Present budgets and financial statements quarterly at staff meetings

Internal Accounting Controls

  • Supervise Finance Associate
  • Renew annually NC solicitation license
  • Prepared for audits as required
  • Orient new staff members on internal financial procedures
  • Initiate, monitor, and generate past due receivables report
  • Maintain accurate transmittal of funds
  • Balance designations from fundraising campaign, provide information to Finance Associate, and monitor timely disbursements as dictated by policy

Combined Federal Campaign (CFC)

  • Provide information to Finance Associate for quarterly federal campaign designations
  • Balance CFC bank account monthly
  • Post monthly deposits to ANDAR (campaign database) and run quarterly payout report for Finance Associate
  • Prepare for CFC audit as required
  • Maintain General Ledger for operating budget
  • Generate financial statements
  • Work with Director on budget preparation
  • Maintain and revise budget
  • Meet monthly with Director and other key staff
  • Track any grant or other project-targeted revenues and expenditures as required by the funding source

Building

  • Supervise Building Superintendent
  • Maintain General Ledger for Building operating budget
  • Generate financial statements for Building
  • Work with Building Superintendent to prepare annual building budget
  • Maintain and revise building budget
  • Track and manage building leases
  • Maintain general ledger for company operating budget
  • Generate financial statements for company
  • Provide monthly budget status reporting to Leadership
  • Prepare annual budget with input from company Finance Committee

QUALIFICATIONS

  • Bachelor’s degree in accounting or related field.
  • CPA preferred
  • Minimum of five years’ experience in accounting/ financial management position.
  • Knowledge of Financial Accounting Standards as promulgated by the American Institute of Certified Public Accountants
  • Experience managing federal, state and local grants funds
  • Human Resource and Benefits Administration preferred
  • Outstanding written and verbal communication skills.
  • Ability to use computers to manage data and compose reports, ability to interpret computer-generated reports and analyze data.
  • Understanding of the non-profit sector desirable - governance, accountability, and management.
  • General attributes should include ability to manage several projects simultaneously, track the results of projects, work effectively with people from different backgrounds - respect diversity, offer strong self-motivation, positive attitude, and a willingness to commit to the values of the organization, participate effectively on teams, and offer ideas to enhance the organization

REPORTS TO

  • President & Chief Executive Officer

*Only applicants meeting the strict criteria outlined above will be contacted as part of the shortlisting process

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MSELECT

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http://www.mselect.iq

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