Financial Management Specialist

In preparation for an anticipated private sector support project by the World Bank and the Ministry of National Economy, known as the Innovative Private Sector Development (IPSD) Project, BA/Levant Gulf HR is mandated by a bidding consortium to allocate profiles for highly-motivated professionals, as described below. 

The project aims to:

• Develop a Palestinian entrepreneurship ecosystem.
• Build linkages with regional entrepreneurial ecosystems.
• Design and implement a start-up finance system.
• Develop frameworks for home-based businesses.
• Extend grant monies and technical assistance to beneficiary start-ups.
• Build and operate an outsourcing hub in Gaza.
• Design automated systems to manage private sector development initiatives,
• Extend technical assistance and capacity building to a wide range of beneficiaries, covering entrepreneurship, start-up finance, and home-based businesses/outsourcing.

Responsibilities:

• Maintain all accounting records in line with approved accounting standards and in line with World Bank and governmental regulations.
• Draft periodic reports in the formats approved by World Bank and Government.
• Prepare annual budget and update on a semi-annual basis.
• Ensure timely payments of bills of the project.
• Produce bank reconciliations for the project on a monthly basis.
• Maintain a fixed asset registry.
• Ensure that disbursements are made in accordance with approved annual budgets, work plans and in accordance with the project objectives and financing agreement. 
• Liaise with internal/external auditors for audited financial statements, follow-up on audit queries/management letters.
• Monitor performance against agreed Financial Performance Indicators.
• Ensure proper knowledge transfer and capacity building to relevant departments at Ministry of National Economy.

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Required Qualifications:

• At least 5 years of experience in audit or financial management.
• At least 3 years of post-qualification experience directly relevant to public sector and/or World Bank Projects’ financial management.
• Experience of project financial management in West Bank/Gaza.
• Excellent written and oral communication skills in English; fluent Arabic.
• Excellent computer skills: Word, Excel, PowerPoint and database usage.

Interested and qualified candidates can apply online through Apply Now - تقدم الآن لهذه الوظيفة