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Finance Officer COVID-19 - national position

Country: Tunisia
Organization: International Federation of Red Cross And Red Crescent Societies
Closing date: 14 Oct 2020

Background

The International Federation of Red Cross and Red Crescent Societies (IFRC) is the world's largest humanitarian organization, with 192 member National Societies. As part of the International Red Cross and Red Crescent Movement, our work is guided by seven fundamental principles; humanity, impartiality, neutrality, independence, voluntary service, unity and universality.

Organizational Context

The International Federation of Red Cross and Red Crescent Societies (IFRC or “the Federation”) is the World’s largest volunteer-based humanitarian network. The Federation is a membership organization established by and comprised of its member National Red Cross and Red Crescent Societies. Along with National Societies and the International Committee of the Red Cross (ICRC), the Federation is part of the International Red Cross and Red Crescent Movement. The overall aim of the IFRC is” to inspire, encourage, facilitate, and promote at all times all forms of humanitarian activities by National Societies with a view to preventing and alleviating human suffering and thereby contributing to the maintenance and promotion of human dignity and peace in the world.” It works to meet the needs and improve the lives of vulnerable people before, during and after disasters and crises and health emergencies. The Federation is served by a Secretariat based in Geneva, with regional and country offices throughout the world. The Secretariat is led by the IFRC Secretary General and provides the central capacity of the International Federation to serve, connect, and represent National Societies. The Secretariat’s focus includes providing support to the IFRC governance mechanisms; setting norms and standards; providing guidance; ensuring consistency; coordination and accountability for performance; knowledge sharing; promoting collaboration within and respect for the RCRC Movement; and expanding engagement with partners. The Secretariat’s headquarters is organized in three main business groups: (i) Partnerships, including Movement and Membership; (ii) Programs and Operations; and (iii) Management. The Secretariat has five regional offices, as follows: Americas (Panama City); Africa (Nairobi); Asia and Pacific- AP (Kuala Lumpur); Europe (Budapest); Middle East and North Africa-MENA (Beirut). As one of the five decentralised Regional Offices, Regional Office for MENA supports 17 National Societies to strengthen their humanitarian and development efforts, helping them to remain partners of choice within their country and sustainable and accountable for their actions. Based in Tunis, Tunisia, the incumbent will be part of the North Africa Cluster team

Job Purpose

Under the supervision of the Head of North Africa Cluster and the technical supervision of the Head of Finance and Administration, the incumbent is responsible for providing support to the North Africa Country Cluster Support Team and Libya Country Office in the delivery of finance services in support to the operational programmes.

Job Duties and Responsibilities

The incumbent shall be responsible for day-to-day operations related to petty cash, daily accounting entries, review of supporting documentation, including working advances and supplier invoices, performing reconciliations. The tasks are detailed below. The incumbent shall:

Be responsible for all aspects of petty cash in all currencies, receipts into and payments out of petty cash, including ensuring that all transactions are correctly authorized and fully documented in compliance with the appropriate segregation of duties.

  • Follow up on the cash reimbursement of private calls by employees of the North Africa Country Cluster Support Team.

  • Follow up on the petty cash availability and validate payments when requested.

  • Monitor the balance of petty cash, and advise on any need to re-feed the petty cash on a timely manner.

  • Monitor the monthly cash count and obtain the required management signature.

  • Perform surprise cash counts to ensure compliance and effective controls are in place if the incumbent is not the petty cash custody

  • Perform reconciliations of bank balances and make sure all payment has been recognized.

Ensure daily data input into CODA financial system in an accurate, efficient, and timely manner only if the incumbent is not managing the petty cash and banks.

  • Ensure daily data input of supplier invoices into the financial system in an accurate, efficient & timely manner.

  • Check that financial codes are correct before booking the transactions and inform line manager of any codes that are unavailable in the system.

  • Monitor and organize CODA documents, according to the standard filing system.

  • Review and make sure all cash, banks, and other CODA entries are validated into books.

  • Assist in month-end closing (booking shared office and service costs entry based on the data provided by Senior Finance Officer, assist in booking & reconciliation of the prepayments, supplier matching process, balance sheet clearing, currency revaluation allocation, and provisions).

  • Draft the delegation checklist with the month-end closing, and draft replies of the findings identified through the checklists sent by the Senior Finance Analyst.

Ensure payment authorizations are complete with full supporting documentation

  • Follow up on any requirement for the authorizers if needed and ensure support in providing authorization when deemed necessary

  • Prepare retrospective authorization for the Head of Country Cluster Support Team on a quarterly basis

Be responsible for all aspects of accounts payable

  • Check all supplier invoices and perform compliance review regarding but not limited to coding and supporting documentation.

  • Ensure that all supplier invoices are validated by Finance Officer, and approved by the budget holder, and by line manager or Human Resources manager where applicable, prior to accounting and payment.

  • Coordinate and keep contact with supplier regarding provide account statements for proper monthly or quarterly reconciliation before any payments.

  • Check pending invoices received from supplies and advise on the required action.

  • Prepare reconciliation and payment request with all necessary supporting documentation and respect to procedures.

Ensure daily review and authorization of travel expense claims.

  • Review and back up in the provision of travel advances, and preparation of reconciliation, provision of final payment for locally recruited staff and seconded staff members in line with the prevailing procedures.

Be responsible for all aspects of working advances

  • Follow up on working advance’s reports received from NS’s and prepare comments if any, input adjustments into the accounting system and provide clarifications – when applicable after the induction phase is fully finalized.

  • Assist in advising project managers/country/clusters head on any pending working advance which requires action to solve the issue – when applicable after the induction phase is fully finalized.

  • Assist with the preparation and coding and booking of staff working advance journals where necessary

Financial reporting

  • Perform a periodic review of the transactions posted to the projects to ensure the accuracy of the transactions entered the accounting system.

  • Monitoring of the donor reports list with the objective to send the reports to the donor before the due dates

  • Verify that the transactions have been processed according to the IFRS (International Financial Reporting Standards) and the IFRC (International Federation of Red Cross) polices and procedures. It is also important to ensure that the donor requirements have been met

  • Be prepared to provide information about the status of financial reports to the financial analysts.

  • Prepare income or expenditure reallocations with the respective approval of the project manager

Budgeting

  • Provide technical support and advice to the project managers, program staff or National Society Staff during the preparation and/or revision of budgets and/or thresholds

  • Provide analysis of actual expenditures vs. budgets with its respective analysis of the variances (if there is any) and recommendations

  • Monitor the level of implementation of the budgets and provide feedback to the program staff

  • Analyse, investigate, and report significant variances against the budget

Financial Analysis

  • Be prepared to assist in monthly meetings with the project manager and unit staff to present the financial analysis of the projects within his/her portfolio.

  • Prepare ad-hoc financial analysis as per demand

  • Interpret financial indicators to project managers and provide quality advice to increase the performance or minimize or mitigate risks

  • Monitoring of Key Performance Financial Indicators in order to ensure that there is adequate financial management of the projects

Support, assist and advise the National Societies in

  • Financial planning, monitoring, and reporting

  • To provide training to the National Society staff on finance-related matters

  • Ensure compliance with International Federation guidelines and procedures

Other

  • Establish and ensure effective working relationships with the staff and management of the MENA Regional Office.

  • Ensure and promote compliance with the Federation's financial policies, procedures, guidelines, budgeting system, monthly accounts closure, bank reconciliation & processes.

  • Provide reports from Business Object (B.O.) to staff members as requested.

Education

  • University degree or equivalent in Finance and accounting or related field - required

  • Relevant professional /academic qualification in finance or accounting – preferred

Experience

  • At least 5 years relevant working experience in a financial role – required

  • Experience in working with web-based accounting systems – required

  • Work experience with other international organizations, large NGOs and/or governmental development agencies, multi-cultural environment – preferred

Knowledge, skills and languages

  • Advanced computer skills, working knowledge with windows, spreadsheets, word processing and accounting packages – required

  • Ability to work under pressure and to deadlines – required

  • Accuracy and fine attention to detail – required

  • Organized and self-starter in work prioritizing – required

  • Experience working with CODA or similar accounting software – required

  • Fluently spoken and written Arabic – required

  • Fluently spoken and written English – required

  • Good command of another IFRC official language (French & Spanish) – preferred

    Competencies and values

  • Commitment to working with RCRC Movement

  • Collaboration and Teamwork

  • Integrity and personal conduct

  • NS and Customer Relations

  • Resilience

  • Building trust

How to apply:

If you are interested in this position, please apply through the IFRC website:https://www.ifrc.org/en/who-we-are/working-with-us/current-vacancies/job-description/?nPostingId=484...


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