Finance Officer

Main Responsibilities:

• Prepares the invoice to the donor/funder/client.
• Issues an advance based on the approved advance request.
• Liquidates the A/R and ensures that all accounts receivable (A/R) are liquidated promptly; and, Prepares A/R aging summary reports and accounts receivable reconciliation reports.
• The Finance Officer will promptly pay, within 15 days, all legitimate invoices received by the organization.
• The Finance Officer opens in the accounting software a vendor account for any person or company that provides materials, goods or services to the organization.
• The Finance Officer works on the bank opening /closing process.
• The Finance Officer updates the bank information.
• The Finance Officer reviews the payment voucher, issues the check and updates the accounting software.
• The Finance Officer records the information in the accounting software, prints the Journal Voucher (JV) generated from the system, initials the JV and attaches it to the voucher documents.
• The Finance Officer prepares the bank reconciliation each month.
• The Finance Officer receives the funds and related documents from the Cashier, confirms accurate account coding, safeguards the funds until they are deposited in the bank.
• The Finance Officer Records amounts received in the organization’s financial records.
• The Finance Officer Processes petty cash replenishments; and Ensures that supporting documents and account codes are appropriate before submitting the replenishment check and voucher to the President for approval. 
• Makes sure that the invoices received from the suppliers are verified against the work performed or the goods delivered;
• Records the invoices as account payable in the accounting software;
• Records the payroll liabilities in the accounting software;
• Settles all accounts payable in a timely manner and ensures that all A/P are settled promptly
• Prepares A/P aging summary reports each month and accounts payable reconciliation reports as part of the quarterly financial report.
• Finance Officer  prepares payroll calculation , transfer letters , pay slips, issues checks and prepares a table itemizing all legally required employer tax and payments due to local government authorities (e.g., social security)
• the Finance Officer prepares a list summarizing all payroll liabilities payments
• The Finance Officer documents and approves all financial activity, including checks and vouchers that have been void.

Additional expected responsibilities

• Support other team members on projects when needed.
• Participate in FHNL’s-related events and networking opportunities when called upon. 
• Advise and assist entrepreneurs within the scope of your expertise and capacities when needed.

Requirements for the position:

• In-depth knowledge of financial regulations and accounting processes
• Excellent written and verbal communication skills
• Fluent in Arabic and English (Oral and written).
• Great knowledge of Microsoft Office applications and software of accounting.
• Applications and expertize with the internet and email communications.
• Strong sense of personal integrity.
• Strong attention to details
• Outstanding analytical and time management skills

Educational qualifications/ experience:

• Bachelor’s degree in Finance, Accounting or relevant field
• A minimum of 5 years’ experience in a similar role ideally with local or international NGOs
• Master’s Degree is a plus