Beirut – Finance Associate G6

Job Purpose

To support the stewardship of WFP’s resources, monitoring budgets, forecasting, reporting on key data and providing basic administrative and human resource functions that enable effective management of funds, and ensure assistance to beneficiaries is undertaken in the most efficient and effective way possible.

Accountabilities:

Under the direct supervision of the Finance Officer, the Finance Associate will perform the following responsibilities:

• Provide the procedural and technical support to staff within the areas of finance and budget, to ensure compliance with WFP financial policies, rules, and regulations.
• Support the development and implementation of financial policies and procedures and assist in setup and implementation of proper accounting procedures, systems, and internal controls.
• Perform daily financial transactions, overall cash management, Cash Based Transfer (CBT) reconciliations, and monthly financial closures on a regular basis in accordance with corporate requirements.
• Report on key data for financial status and outcomes of projects in accordance with corporate governance requirements, ensuring accuracy, deadlines, and accounting processes are complied with.
• Monitor account balances and process financial transactions in an accurate and timely manner, to maintain appropriate cash balance to avoid the occurrence of an overdraft.
• Monitor the centralized registry system in order to process all payments to internal staff and invoices to external suppliers in a timely manner and in accordance with WFP standards.
• Contribute to the preparation, implementation, and monitoring of budgets, monitor expenditure and budget forecasts, to ensure that relevant future funding requirements are met.
• Co-ordinate with other teams to ensure that all financial and administrative services are being performed efficiently and in line with the needs of the wider team.
• Track and collate data to support others to improve policies, systems and procedures in order to minimize financial risks, improve the efficiency and effectiveness of operations, and ensure services are aligned with business objectives.
• Compile data from the WFP database and systems in order to assist in generating and analyzing financial reports on a monthly basis.
• Contribute to the delivery of financial controls and insight into WFP performance, supporting periodic risk and internal control assessments to identify areas which may present potential audit, compliance or financial risks.
• Remain on stand-by and follow standard emergency preparedness practices to meet immediate emergency requirements for further service on the job and in the field.
• Perform other duties as required.

Minimum Qualifications: 

Education: Completion of secondary school education. A University degree or post-secondary certificate in the related functional area is considered an asset.

Experience: Five (5) years of professional experience in Finance, Accounting, Audit or relevant fields with independence, analysing financial figures, coordination with other functional units and managing complex funding situation

Language: Fluency in both oral and written communication in Arabic and English. Knowledge of French language is added advantage.

Desired skills and knowledge: 

• Has performed detailed financial analyses at a national and/or operational level.
• Has experience working with auditors and other third-party vendors