Finance Officer

Key Activities

• Draft and maintain all policies and procedures are in compliance with Borderless and funding source policies, procedures, and requirements.
• Manage all aspects of day-to-day operations of accounting department.
• Develop and implement the NGO Finance policies, procedures and systems.
• Manage the NGO and projects budget. This includes forecasting future income and expenses, creating budgets and balance sheets, and ensuring that spending is within budget limits across projects.
• Review and approve all payment documents for proper and adequate back up.
• Oversees training/Orientation and technical support to programs, logistics and administrative staff for skills improvement in the areas of accounting, reporting and internal control
• Assist in the selection of appropriate suppliers and contractors, to promote good procurement practice with due regard to sustainability, ethical purchasing standards and costing.
• Draft an appropriate service level agreement to properly evaluate the performance of suppliers, and report on this on a regular basis.
• Work with internal stakeholders (teachers or operations staff) to determine procurement needs, quality and delivery requirements.
• Responsible for order placement timing, supply / demand alignment, material replenishment and supplier performance

Data Entry / Accounting Records

• Analyse and take necessary steps in maintenance of Borderless subsidiary ledgers for advances, receivables and payables
• Verify completeness and accuracy of all accounting documents
• Record, reconcile, produce reports and generate budgets
• Make sure that on a monthly basis report reconciliations are completed on a timely manner and those final reconciliations and trial balances are reviewed with the Operations Director.
• Review, record and release the payroll; ensure standard financial controls are maintained and that all payments are accurate and legitimate

Bank Operations

• Process cash withdrawals from the bank and ensure timely bank payments
• Liaise with bank officials in order to ensure uninterrupted bank services
• Prepare monthly bank reconciliation schedules.
• Ensuring adequate cash balance is available in bank for smooth function of activities.
• Prepare bank letters when required

Cash Operations / Preparation of Vouchers

• Ensure internal control procedures are followed for all cash disbursement, exchanges, receipts and transfers.
• Inform Operations Director of all discrepancies
• Ensure that cash payments are reduced as much as possible

Audit and Management

• Respond to internal and/or external audit requests
• Maintain the audit file as per Borderless policy
• Participate in the management committee meetings and support in building the strategic aspirations of the organization
• Any other task as requested by the Operations Director.

Required Qualifications 

• BSc degree in Finance, Accounting or Economics
• Professional qualification as a CFA, CPA, CMA is considered a plus
• Advanced MS Excel skills
• Proven work experience as a Finance Officer or similar role
• Solid knowledge of financial and accounting procedures
• Experience using financial software
• Knowledge of financial regulations
• Excellent analytical and numerical skills
• Sharp time management skills
• Ability to work under minimal supervision
• Ability to meet deadlines
• Problem-solving skills
• Organizational abilities and attention to detail
• Strong ethics, with an ability to manage confidential data

Languages

• Must be fluent in English and Arabic
• Must be able to communicate in both English and Arabic verbally and in writing
• Excellent English writing skills are a must

Working hours:

Monday to Friday from 9:00 to 5:00