Finance Officer - Budgeting and Reporting

Job Posting Organization:
The International Rescue Committee (IRC) is a prominent humanitarian organization that has been actively responding to crises around the world. Established in 1933, IRC has a mission to help people affected by humanitarian crises to survive, recover, and rebuild their lives. With over 3,000 staff members, IRC operates in more than 40 countries, providing essential services in health, education, and economic recovery. The organization is particularly focused on addressing the needs of vulnerable populations, including refugees and internally displaced persons, especially in conflict-affected areas like Syria. The IRC's work in Syria is part of a larger regional portfolio that amounts to $90 million annually, emphasizing the importance of effective financial management and reporting to ensure the success of its programs.

Job Overview:
The Finance Officer for Budgeting and Reporting will play a crucial role in overseeing the financial aspects of multiple projects within the IRC's Syria portfolio. This position is responsible for ensuring accurate budget management by collaborating with budget holders, conducting financial reporting, and ensuring compliance with donor requirements. The Finance Officer will support proposal development and work closely with various stakeholders to enhance financial planning and grant performance. This role requires a strong understanding of budgeting processes, analysis" style="border-bottom: 1px dotted #007bff !important;">financial analysis, and the ability to communicate effectively with both internal and external partners. The Finance Officer will also participate in grant review meetings, providing insights on spending status and helping to identify areas for improvement in financial management.

Duties and Responsibilities:
The Finance Officer will have a comprehensive set of responsibilities, including but not limited to: reviewing budget spending and advising relevant staff on the status of expenditures; managing the monthly allocation process and submitting timesheet allocations to the coordinator" style="border-bottom: 1px dotted #007bff !important;">Finance Coordinator; preparing monthly Budget versus Actual (BvA) reports for assigned grants and ensuring timely distribution; conducting budget modifications and realignments as necessary; reviewing budget holder spending plans for accuracy and compliance; participating in monthly Grant Review Meetings (GRMs) and presenting spending statuses; following up on action points from these meetings; attending and supporting Grant Opening, Review, and Closing Meetings; providing support and feedback to Operations and Program Managers regarding BvAs; proposing necessary adjustment entries for financial reports in compliance with donor requirements; preparing new budget line coding and uploads for new grants; and ensuring donor financial reports are accurate and submitted on time according to contractual obligations.

Required Qualifications:
Candidates for the Finance Officer position must possess a college degree in accounting or a related field. A minimum of 3-4 years of relevant work experience in budgeting and budget management is required, particularly in the context of finances and grants management within an international organization. Familiarity with various donor financial policies and guidelines, including those from USAID, Europe Aid, Sida, CIDA, UNICEF, UNHCR, ECHO, GFFO, and other institutional donors, is essential. Candidates should demonstrate strong analytical skills, attention to detail, and the ability to work under pressure while maintaining a high level of professionalism and integrity.

Educational Background:
The educational background required for this position includes a college degree in accounting, finance, or a related field. Candidates with advanced degrees or certifications in finance or accounting may have an advantage. The role demands a solid understanding of financial principles, budgeting processes, and compliance requirements, which are typically covered in relevant academic programs.

Experience:
The ideal candidate should have at least 3-4 years of experience in budgeting and financial management, particularly in the context of international organizations. Experience working with various donors and understanding their financial policies is crucial. Candidates should also have a proven track record of managing budgets effectively and ensuring compliance with donor requirements, as well as experience in preparing financial reports and conducting financial analysis.

Languages:
Proficiency in English is mandatory for this position, as effective communication with international stakeholders is essential. While not required, knowledge of additional languages may be considered an asset, particularly if it enhances communication with local partners or beneficiaries.

Additional Notes:
This position is based in Damascus, Syria, and may require occasional travel to field sites, estimated at around 15%. The IRC encourages applications from national or returning national candidates, offering an attractive remuneration package that includes competitive compensation, return flights to the post, shipping allowances, temporary housing, and relocation allowances. The organization is committed to creating a diverse and inclusive workplace, promoting gender equality and providing a safe environment for all employees. IRC adheres to strict professional standards and values, ensuring a respectful and equitable work environment free from discrimination and harassment.