Finance Team Leader

Contract

This is a DRC - National contract. More about DRC - National contracts.

The overall purpose of the role:

• Supervise members of the team
• Deliver technical support and guidance to the team
• Fulfil daily accounting tasks and assist in coordinating financial functions and services
• Producing relevant financial previsions and reports on a regular basis

Responsibilities:

Management

• Lead and manage the team (including people planning, performance, well-being and development)
• Ensure effective planning and quality implementation of the sector/support activities
• Ensure daily monitoring of the area
• Asses the daily quality

• Provide technical support and inputs

  Transfers and payments

• Ensure all payments are made timely and in accordance with existing DRC forms

• Ensure all payments meet the requirements of National Law and engage with authorities, tax advisors or other stakeholders to ensure tax requirements are met accordingly
• Ensure that payment documents comply with DRC internal financial procedures and donor regulations

• Ensure timely submission of fund forecast/request to Country Office and adequate funds are available for area operation.

  Accounting

• Ensure all expenses enter the DRC accounting system on time and of the highest quality

• Ensure updated cashbooks on a daily basis to reflect the actual status of existing cash count and bank balance in all currencies
• Ensure all bank accounts statements are reconciled
• Ensure a proper filing system for financial documents

Budget control, planning, and reporting

• Develop and ensure the implementation of shared cost tools
• Liaise with Program Managers on regular budget monitoring
• Prepare and use budget control tools for regular budget follow up
• Prepare and assist in issuing donor reports
• Support the development of new proposals with financial information for budgeting
• Support ASSM and AM in updating Master Budget
• Bi-Weekly Cash Book
• Monthly financial report (with all supporting documentation attached to it) as required

• Reporting on budget utilization, availability and forecast as required

  DRC Dynamics ERP System

• Ensure that processes under supervision are handled properly via DRC Dynamics

• Ensure ERP finance functionalities are properly used by concerned staff and team has proper knowledge and access to information to use DRC Dynamics
• Apply reports and data analytics from ERP system to improve performance in area of concern

As Team Leader the post-holder is responsible for the following:

• Accountable for people management of employees, usually working in the same area of work
• Accountable for ensuring that agreed work plans and tasks set by the next-level up Manager are implemented on time
• Hiring and termination of employees and conducting performance appraisals (closely overseen by the next-level manager)

Experience and technical competencies:

• Minimum 3 years of relevant work experience in the financial/accounting field
• Proven management skills and competence in people management
• Advanced proficiency in Excel and financial IT systems
• Basic proficiency in PowerPoint and Word
• Experience in working in NGOs
• Full professional proficiency in English

Education:

• Bachelor’s degree or higher diploma in finance accounting with relevant professional certification

Languages:

• Fluency in Arabic required
• Fluency in English required

Key stakeholders:

• Area Manager & Support Services Manager
• Supply Chain & Program Teams
• Finance Team at Country Office
• Auditors
• Suppliers

In this position, you are expected to demonstrate DRC’s five core competencies:

Striving for excellence: You focus on reaching results while ensuring an efficient process.

Collaborating: You involve relevant parties and encourage feedback.

Taking the lead: You take ownership and initiative while aiming for innovation.

Communicating: You listen and speak effectively and honestly.

Demonstrating integrity: You uphold and promote the highest standards of ethical and professional conduct in relation to our values and Code of Conduct, including safeguarding against sexual exploitation, abuse, and harassment

We offer:

• Contract Length: 1 Year
• Salary Band: G (Management)
• Start Date: As soon as possible

Diversity & Inclusion: DRC Iraq is committed to promoting an inclusive work environment according to our Age, Gender, and Diversity approach (AGD). We aim to have a more diversified leadership structure creating opportunities for qualified women to take on managerial roles. We also continuously work to make our workplace more accessible for persons with specific needs. We offer benefits related to psychosocial support, health insurance, maternity and paternity leave, child sick leave, and lactation breaks. As part of our commitment to promote equity, diversity, and inclusion, we strongly encourage applications from female candidates, persons living with disabilities, as well as representatives of minorities.