Finance Officer

Posted 8 months ago by GIZ
Location Baghdad Job Type Permanent
Salary Sector Services
The Project Financial Inclusion for Economic Prospects and Integration (FI) Project was  commissioned by BMZ in December 2020. The measure aims to support the economic  integration of internally displaced persons (IDPs), returnees, refugees and the economically  comparable resident population through improved access to financial services ("financial  inclusion") in central Iraq and in the autonomous region of Kurdistan. It is intended to contribute  to a new start and to the economic and social integration of the target groups in host regions  and municipalities. The new project was proposed within the framework of the BMZ special  initiative "Fighting the causes of displacement - Reintegrating Refugees" ("Special initiative on  flight"). The project might receive additional funding by the EU in the nearer future. 
The FI project covers the three output areas ‘financial inclusion’, ‘financial literacy’ and  ‘regulatory advisory services’ to the main political partners within the Central Bank of Iraq  and/or the Ministry of Finance. The direct beneficiaries of the project are vulnerable people  living in Iraq, especially low-income target groups, internally displaces people (IDPs), refugees  and returnees. Where possible, a special focus is put on women and youth to benefit from  enhanced access to financial services. The second group of beneficiaries are micro and small  businesses operating in Iraq which benefit from better access to MSME supportive financial  services including business loans. 
Under the supervision of the Finance Manager, the Finance Officer will assist to ensure that  financial management and accounting procedures are implemented and followed in  accordance with GIZ rules and regulations. 
The position is located in a motivated, dynamic, and idealistic team which welcomes  personalities with similar qualities. We’re looking for people who like to think outside  the box and are proactive in their approaches. 
Job description: 
  • Implement all GIZ activities and closely work with GIZ CO in IRAQ to ensure efficient  delivery of services in the assigned region  
  • Enter all PSD transactions into the GIZ accounting software (On-Site Report)  according to COMP daily and ensure posting by GIZ-CO  
  • Work towards the achievement of the over-all goals of GIZ through effective  managerial and lateral relations  
  • Ensure understanding of roles, responsibilities, lateral relations and accountabilities.  • Use most good faith towards the organization where you work with.  
  • Adhere to GIZ code of conduct and ensure confidentiality of financial and  management issues.  
  • Abilities to effectively prioritize tasks.  
  • Follow all GIZ policies, procedures, grant compliance and documentation  requirements.  
  • Ensure compliance and adherence with GAAPs, GIZ policies and standard  accounting practice.  
  • Implement and ensure all GIZ financial management, procurement procedures,  assets management, HR policies and procedures are adhered.  
  • Implement and ensure all respective donors and local Government rules and  regulations are respected. 
  • Manage & account cash as per the GIZ “instructions for management of cash”.  
  • Keep the cash in a safe keys and other assets in a secure and protected place.  • Keep record of all cash, bank and advances on GIZ cash books and reconcile daily.  
  • Do cash counts weekly and whenever needed by Finance Manager, Programme  Director, and official auditors from GIZ.  
  • Print all payment vouchers and match with the documents and file.  
  • Collect all authorized cash or bank payment receipts and bank statements.  
  • Ensure all required documents are attached; calculations are correct, appropriate  approvals and reviews made before any cash or bank payments.  
  • Enter all PSD transactions into the GIZ accounting software (Winpaccs) daily and  ensure posting by GIZ-CO  
  • Match invoices/receipts with payment vouchers, GRN and other required documents.  
  • Prepare cash, bank and advances reconciliations and submit for review/approval  every week and monthly.  
  • Ensure a regular follow up on settlement of all accounts and third-party receivables.  
  • Ensure all income taxes, withholding taxes, VAT and other taxes are withheld and  paid accordingly.  
  • Keep all finance documents and reports are properly filed, labeled and stored in a  clear and easily accessible manner.  
  • Maintain the proper filing in DMS according to PuR on a regular basis.  
  • Independent execution of tasks according to existing planning and consultation with  his supervisor and Programme Director.  
  • Be adaptable and flexible to take new tasks and new assignments as requested from  time to time.  
Required qualifications, competencies and experience Qualifications  Professional Qualification:  
The ideal candidate should hold bachelor’s degree in accounting or related area in  finance & business administration is required.  
Professional Experience:  
  • Minimum of 1-3 years of relevant occupational experience in accounting skills and  experience in general ledger, journal entries, payroll, cash/bank management is  required  
  • Experience with GIZ or international NGO would be preferred.  
  • Computer literacy skills in MS Office programs, particularly Excel and accounting  software experience in Winpaccs would be preferred  
  • Excellent oral and written Arabic & English proficiencies are mandatory plus German  language would be an advantage.  
  • Willingness to travel to GIZ field offices and take temporary assignments  
Other knowledge, additional competencies:  
  • In-depth knowledge of accounting software, good experience of ITC technologies  (related software, phone, fax, email, the internet) and computer applications (e.g. MS  Office)  
  • Team player, proactive and responsible personality, innovative and flexible. Good  working knowledge of ITC technologies (related software, phone, fax, email, the  internet) and computer applications (e.g. MS Office) Outstanding management and  communication.  
  • Willingness to upskill as required by the tasks to be performed – corresponding  measures shall be agreed by the Programme Director.  
Requirements for application: 
  • The subject line of the application should clearly indicate the vacancy applied for. • CVs and motivations letters that are in the form of IMG, pictures, screen-shots and  links will not be accepted.  
  • Only shortlisted candidates will be contacted. 
  • Applications passed the expiration date of the advertisement will not be considered.

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