SEC Accountant

JOB DESCRIPTION AND PERSON SPECIFICATIONS

Accountant -SEC Ramallah, West Bank

Job Details:

The new hire SEC accountant will be actively involved in every step of the accounting process, so it’s a great way to gain experience. This position is a full-time job at SEC’s headquarter office in Ramallah, West Bank.

Purpose

The Accountant is responsible for managing and overseeing all financial transactions and payments within the organization. This role ensures that financial disbursements are accurate, compliant with organizational policies and donor requirements, and are processed in a timely manner. The Accountant plays a key role in maintaining financial records and supporting the organization's overall financial management.

About SEC:

The Small Enterprise Center (SEC) Association is a Palestinian non-profit organization that started in 2002 as a project within the framework of GIZ Private Sector Development Project. In 2008, and officially registered as an independent non-profit organization governed by the Palestinian Law of Charitable Associations and Community Organizations No.1 for the year 2000. SEC began with an office in Ramallah and has grown to be a leading national organization serving Palestinian Micro, Small and Medium Enterprises (MSME) and social enterprises (including cooperatives).

SEC seeking for recruiting a qualified Accountant  with intermediate experience to perform all financial transactions and reporting in the organization.

Key Tasks and Responsibilities:

• Payment processing:
  • Review and process payments including vendor invoices, employee reimbursements, grants, and other financial disbursements
  • Ensure accuracy and completeness of payment requests and supporting documentation
  • Verify compliance with organizational policies and donor regulations for all payments
• Financial Bookkeeping:
  • Maintain accurate and organized financial records related to payments, including invoices, receipts, and payment vouchers.
  • Post financial transactions to the general ledger and ensure reconciliation of accounts.
• Vendor Management:
  • Communicate with vendors and suppliers regarding payment-related inquiries and issues.
  • Maintain vendor files and ensure timely and accurate payments to vendors.
• Expense Reports and Reimbursements:
  • Process employee expense reports, verifying receipts and compliance with expense policies.
  • Prepare and issue reimbursements to employees in a timely manner.
• Budget Alignment:
  • Ensure that payments are aligned with approved budgets and project-specific financial plans.
  • Collaborate with program and project managers to address budgetary discrepancies or issues.
• Compliance and Reporting:
  • Ensure compliance with financial regulations, organizational policies, and donor requirements for all payments.
  • Prepare and submit financial reports related to payments as required by donors or management.
• Cash Flow Management:
  • Monitor cash flow to ensure sufficient funds are available for payments.
  • Assist in forecasting and managing cash reserves as needed.
• Bank Reconciliation:
  • Perform regular bank reconciliations to ensure accuracy and integrity of financial data.
  • Investigate and resolve discrepancies in a timely manner.
• Audit Support:
  • Assist with internal and external audits by providing documentation and explanations related to payments and financial transactions.
  • Implement audit recommendations as necessary.
• Financial transactions:
  • Prepare forms and financial documentation, including balance sheet
  • Prepare journal entries for month-end close
• Update procedures:
  • Research state laws, and update procedures / documentation as needed
• Budgeting:
  • Create budgets and financial plans for SEC as needed
  • Participate in developing financial plans for donors.

Others:

• Facilitate grant and statutory audits by preparing audit schedules, and addressing issues raised during the audits.
• Participate in quarterly planning and progress meetings.
• To participate in national SEC Team meetings, workshops, training, etc.
• Undertake any other tasks as requested by the senior team and the Director General.

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Education & Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field.
• Professional qualification in Accounting/ Finance (CPA/ACCA finalist)
• Computer literacy, including proven experience with excel & word processing and spreadsheets.
• Proven intermediate experience as an accountant or payments accountant, preferably in an NGO or nonprofit setting.
• Proficiency in financial software and accounting systems. BISAN ACCOUNTING System proficiency
• Integrity and straightforwardness
• Excellent organizational and time management skills.
• Ability to work independently and collaboratively as part of a team
• Experience in payroll processing and filing of statutory returns
• Strong verbal/written communication skills
• Self-motivated, organized, and detail-driven.
• Attention to detail and high level of accuracy in financial transactions

HOW TO APPLY:

If interested in this position, please apply via sending your cover letter and CV to the following email address:

[email protected] , so as to be received by Monday 27th May 2024.

Only short-listed candidates will be contacted