Finance Manager Full Time NEW

Position: Finance Manager

Duration: One year with possible extinction

Nature of the contract: Full time

Grade: 2

About Qatar Charity

Qatar Charity is one of the leading non-profit organizations in the Arabian countries and the world. It was established in 1992 for the purpose of developing Qatari communities and the surrounding destitute communities regardless of their race, gender and cultural differences.

Qatar charity is active in a number of sectors significantly in sustainable development, fighting against poverty, and relief for the emergency afflicted situations. Qatar charity enjoys the consultative status with the Organization of Islamic Cooperation as it is a founding member of the Arab Network for Development in Cairo since 1999.

Qatar Charity enables people to survive, recover and rebuild their lives while also empowering them to become self-sufficient through practical knowledge, focused expertise and innovative solutions.

QC started its field office in Somalia in 2007 working in both development and emergency relief programming. Throughout its present in Somalia, it has worked in 6 strategic sectors including FSL, WASH, Education, Health, Shelter and Protection. It works both federal government of Somalia as well as state level institutions to better deliver programs in coordinated approach.

QC believes in fundamental dignity of everyone and works with all people regardless of their faith, race, gender or political beliefs.

Job Summary:

• Provide financial reports and interpret financial data regarding the office’s status to direct supervisors, along with recommendations and proposals.
• Analyze daily financial activities and offer advice and guidance to subordinates on future financial planning.
• Recommend strategic plans that support maintaining stable and efficient management of the office’s assets and available cash.
• Enable stakeholders to make sound financial decisions and achieve the organization’s objectives in the most efficient and effective manner.

Key Responsibilities:

• Prepare the budget forecast in alignment with strategic objectives, in coordination with the Office Manager and direct supervisors.
• Monitor the annual plan and budget forecasts, ensure their implementation, and submit periodic follow-up reports.
• Ensure the accounting records and books of the field office comply with approved financial systems and procedures, following the accounting standards of both the organization and the host country.
• Prepare financial statements, reports, final accounts, and annual closures, and oversee all financial and accounting activities with corresponding reporting.
• Analyze costs of products and contributions, as well as operational results and actual office performance compared to work plans.
• Review required administrative and financial data and reports and prepare monthly and quarterly reports for the headquarters and donors.
• Supervise the office’s financial operations, set goals and objectives, and design a framework to facilitate the review and approval of all financial transactions, ensuring compliance with policies and procedures.
• Ensure the implementation of financial decisions issued by headquarters and review accounts accordingly.
• Apply and monitor financial control systems effectively.
• Approve final inventory adjustment entries and submit them for final approval by the financial management at headquarters.
• Prepare audit files for internal and external auditors, ensuring all financial documents are reviewed and available when needed.
• Coordinate directly with the external auditor to prepare annual financial statements.
• Safeguard the office’s assets, investments, and projects through financial oversight.
• Manage office treasury, supervise inventory operations, and record assets.
• Review insurance procedures for the organization’s assets and properties against risks such as fire, theft, or accidents, and verify the adequacy of coverage.
• Supervise the accounting staff in the field office.

Qualifications and experience

• Candidate shall have a minimum bachelor’s degree in accounting.
• Preference will be given to candidates with professional certifications such as CPA, CMA, or ACCA.
• Prior experience in working with International Non-Governmental Organizations (INGOs)/UN is required.
• Practical experience with ERP systems is essential; familiarity with Microsoft Dynamics 365 (MCD365) is highly preferred.
• Minimum of 10 years of hands-on experience in finance operations.
• Proficiency in Arabic is highly recommended.
• Must demonstrate compliance with the laws and regulations of the country.
• Strategic thinking and planning capabilities.
• Full understanding of accounting treatments for financial statement items.
• Extensive experience in preparing annual budgets and detailed budgets for programs and activities.
• Strong interpersonal skills and ability to work collaboratively.
• Proficiency in using Microsoft Office applications.

Additional Skills

• Proven experience in the financial sector, covering various roles and financial analysis.
• Broad understanding of general financial trends and developments.
• Strong knowledge of budget preparation processes.
• Proficiency in preparing journal entries and annual inventory adjustments.
• Experience in closing financial years and reconciling both summary and detailed balances.

Tagged as: Qatar Charity, Somalia