Finance Officer
GENERAL DEFINITION
Under the guidance and supervision of the Executive Director or her appointee, the Finance Officer takes full charge of preparation of budgets, tracking of expenses, delivery of financial and management reports, handling of audits, and ensuring that all financial transactions are carried out based on audit requirements and consistent with YWCA financial rules and regulations.
The Finance officer works in close collaboration with the Jerusalem program staff to develop budgeting and financial reporting mechanisms and procedures.
MAJOR DUTIES AND RESPONSIBILITIES
Job Overview: As the Finance officer, he/she oversees the financial operations of the organization, ensuring accuracy, compliance, and efficiency. Responsible for managing a team, including supervising an accountant, to maintain financial records, prepare reports, and provide strategic financial guidance to support decision-making processes. Your role will involve collaborating with various departments to develop budgets, monitor expenditures, and implement financial policies and procedures.
Key Responsibilities:
- Financial Management:
- Develop and implement financial strategies, plans, and policies to support the organization's objectives.
- Oversee the preparation of financial statements, budgets, forecasts, and variance analysis.
- Monitor financial performance and identify areas for improvement or cost-saving opportunities.
- Ensure compliance with regulatory requirements and internal financial controls.
- Team Leadership:
- Supervise and mentor the finance team, including an accountant, to ensure accuracy and efficiency in financial operations.
- Provide guidance, support, and training to enhance the team's skills and performance.
- Foster a collaborative and positive work environment that encourages teamwork and professional growth.
- Financial Reporting:
- Prepare and present financial reports to senior management, stakeholders, and external parties as required.
- Ensure timely and accurate submission of financial information for audits, tax filings, and regulatory reporting.
- Analyze financial data and trends to provide insights and recommendations for strategic decision-making.
- Budgeting and Forecasting:
- Lead the annual budgeting process in collaboration with department heads, ensuring alignment with organizational goals and priorities.
- Monitor budget performance, analyze variances, and provide explanations and recommendations as needed.
- Develop and maintain financial models and projections to support long-term planning and decision-making.
- Risk Management:
- Identify financial risks and implement appropriate measures to mitigate them.
- Monitor and assess internal controls to safeguard assets and minimize fraud or errors.
- Stay informed about industry trends, economic developments, and regulatory changes that may impact financial operations.
جميع الحقوق محفوظة لموقع جوبس.
- Bachelor degree in Accounting, Finance or Business Administration
- A Minimum of 5 years’ experience of Finance or accounting experience
- Advanced accounting and financial reporting skills and knowledge
- Practical knowledge of budgeting and budget control mechanisms
- Efficient uses of accounting databases and Information Technology effectively as a tool and resource
- Self-driven, with potential of producing personal plans and prioritizing tasks to ensure quality and timely results that meet established goals
- Prior experience working with donor-funded projects/programs
- Familiar with Donor and yearly Audit Procedures
- Good organizational; effective communication skills, both verbal and written skills, including an ability to comfortably interact with high clients Excellent oral and written English (Arabic and/or Hebrew an advantage).
- Familiar with Israeli Laws.
- Seeks and applies knowledge, information, and management best practices from within and outside YWCA of Jerusalem
- Start date 1 July 2024
Interested candidates should submit their CV & Letter of Introduction (in English) to:
Deadline for applications is June 15th at 13:00 pm
Indicate Finance Officer in the subject of the email