Finance Officer

DESCRIPTION: 

The Nawaya Network is an NGO based in Beirut, Lebanon that develops the income-generating opportunities of youth through entrepreneurship, employability, and economic development programs. We currently have at least six ongoing programs across the country with various international partners. 

We are seeking a Finance Officer to fuflill the below tasks and responsibilities:

- Develops the Budget Monitoring and Tracking Sheets (BMTS) and maintains financial control of the program with a close communication held with the Finance Manager (FM) for the guidance and final review to be made at the FM level

- Works on developing the online financial system aiming to include all the supporting documents required for the effective completion of the financial transactions

- Responsible for the documentation of all the Finance Unit that needs to be reviewed monthly by the Internal Auditor for corrective actions to be taken on the spot following the auditor's recommendation

- Applies Nawaya's donors' financial requirements and suggestions and verifies its effective implementation with the FM review and final approval

- Prepares and ensures timely and accurately various financial reports requested by our donors

- Conducts weekly meetings for budget review and reconciliations with each program staff i.e. manager/coordinator/senior officer

- Assists in developing the specific Policies and Procedures related to this project and ensures a continuous update of the department's policies and procedures to ensure an effective and efficient financial system

- Liaises with internal and external auditors to ensure the finance department is operating in compliance with Lebanese regulations and Donors requirements in the presence of the FM

- Documents financial transactions by entering account information on the existing Accounting System ( Xero) 

- Ensures the XERO system is up-to-date on a regular basis

- Documents financial transactions by entering account information on the existing Accounting System with the help of the Junior Finance Officer

- Substantiates all financial transactions (to be properly filed) and to be aligned with the auditor's requirements

- Ensures a close budget monitoring by focusing on the budgeted amounts versus the actual and makes sure to propose solutions based on the identified variances

- Undergoes an ongoing communication with various managers/coordinators regarding the Finance requirements and deliverables and makes sure to propose solutions to FM and the FM to Top Management based on the identified variances

- Gets actively involved in forecasting & preparation of budget amendments once training is effectively given by the SFO with a close communication held with top management

- Manages logistics tasks related to day-to-day financial operations and close review of petty cash on a regular basis