Finance Officer

Key Responsibilities and Duties

• Assist in drafting projects budgets
• Assist in the procurement process for projects, and in developing RFP’s, contributing to the evaluation of tenders and quotations and ensure specs are aligned with donors standards
• Draft and assist in monthly financial reports
• prepare monthly project cash flows
• Contact with suppliers to coordinate the collection of all receipts and invoices
• Provide up to date information to the FM
• Monitor project budget execution for activities and propose corrective measures of needed
• Track payments and expenditures
• Prepare payment vouchers, receipts according to SF rules and regulations, ensures that all transactions have related supporting documents
• Ensure financial documents are properly filed
• Responsible for all payments to projects beneficiaries at implementation sites
• Review timesheets prepared by project staff and finalize them
• Prepare monthly bank reconciliations for projects and balances and monitor the currency profit/loss and the accounts payables/receivables
• Assist in facilitating timely audits and responses to auditors
• Manage and supervise the financial aspects and compliance of the sub grants with the donor’s standards, and provide training /orientation for the partner finance staff
• Other tasks required by the FM

Key Performance Indicators

• Timeliness in generating reports
• Timeliness in processing payments
• Accuracy of project accounts
• Financial Report Error Rate
• Adherence to Safadi Foundation internal processes
• Integrity with Safadi Foundation’s values and ethical standards

Required Education, Experience and Competencies

Education

• Bachelor Degree in Business Administration, Major: Finance

Experience

• A minimum of 2 years of financial management and budget operations

Competencies

• Financial statement analysis
• Good knowledge in Financial management and budgets
• Strong knowledge of the principles of organisation and administration
• Ability to produce accurate and well documented reports
• Good analytical skills
• Knowledge of and ability to adhere to internal controls
• Strong time management capabilities
• Very good relationship building and interpersonal skills
• Good IT knowledge
• Strong written and communication skills
• Great understanding of policies, procedures and work methods
• Excellent organization skills
• Vigilance and detail oriented
• Proficiency in Arabic and English languages