Finance Officer

Key Responsibilities

Financial Management and Compliance

• Ensure that all policies and procedures are in compliance with Re:Coded and funding source policies, procedures, and requirements.

• Apply internationally accepted accounting principles and procedures to analyze financial information and prepare accurate and timely financial reports;

• Ensure appropriate accounting control procedures;

• Maintain a good system of records;

• Provide management and program staff with monthly actual-to-budget expenditure reports and analysis for all grants and unrestricted funds.

• Ensure that on a monthly basis balance sheet reconciliations are completed in a timely manner and those final reconciliations and trial balances are reviewed with the Country Director and Finance Director.

• Closely monitor all financial activities, and keep the Chief Operating Officer and other management staff advised of all situations which have the potential for a negative impact on internal controls or financial performance.

• Facilitate and coordinate external, internal, donor or government audits.

• Ensure compliance with the accounting and auditing requirements.

• Maintain current knowledge of local government requirements related to financial matters and ensure compliance with tax regulations and other legal requirements.

• Work with the Finance Director to ensure that there is proper segregation of duties in all financial functions.

 

Budgeting

• Assist with the preparation and revision of program and grant proposals and budgets.

• Review budgets with actuals reports to ensure adherence to restrictions on line item flexibility and stated restrictions on accepted costs. Support follow up actions to resolve any identified problems.

• Assist in the preparation and maintenance of the organization’s Operating Budget, including preparation of budget guidelines to assist managers in formulating budgets.

• Support Iraq program staff with budget forecasting.

 

Capacity Building

• Build capacity of Re:Coded staff in financial management through training and coaching.

• Supervise the work of one finance assistant.

• Ensure comprehensive and constructive performance reviews are completed on a timely basis and facilitates discussion of performance and career options with all country finance staff.

• Oversee training and technical support to country program and administrative staff for skills improvement in the areas of accounting, reporting, compliance and internal control.

 

Treasury

• Oversee the timely preparation, review and approval of all monthly bank account and cash reconciliations.

• Design, implement, and monitor systems, procedures and reporting necessary to maintain on current basis accurate forecasts of cash requirements for meeting future spending, including commitments entered into and which obligate Re:Coded to future spending.

• Supervise the preparation of Cash Transfer Requests to the Finance Director and ensure that appropriate balances are maintained to facilitate grant implementation.

• Ensure the development and implementation of a plan to minimize the country’s foreign exchange exposure to currency gains and losses.

• Establish and maintain effective, sustainable relationships with bank officials in the cities where Re:Coded operates in Iraq.

Requirements

 

• Minimum 5 years of work experience in a finance or accounting role, preferably supporting financial operations in organizations with international donors.

• A bachelor's degree in accounting, economics, finance or a related field. A recognized professional certificate in accounting such as a CPA or a master’s degree in accounting is highly desirable.

• Experience working with Quickbooks Online is preferred.

• Strong computer skills and ability to easily navigate all platforms within G-Suite and Microsoft Office.

• Strong working knowledge of communication tools like Slack and Trello.

• Proficiency in written and spoken English is a must. Proficiency of Arabic is an asset. 

• Handling sensitive and confidential information with honesty and integrity.

Benefits & Remuneration

• Salary range US$ 2,800 - US$ 3,200 per month.

• Generous paid vacation policy and other benefits.

• A creative working environment with a diverse, international team of superstars, building your network within Iraq and beyond.

• Opportunities for national and international travel, including to program locations.

• Oh, and a chance to change the world!