Re:Coded is an innovative tech-for-good non-profit empowering youth to thrive in today’s technology-driven global economy as software developers, entrepreneurs and technology leaders. Our activities include coding bootcamps, digital skills training, a co-working space (Re:Coded House), and tech workshops and events. We have established operations in 3 countries and have been widely recognized in the media (CNN, BBC, Le Monde and Reuters) and as one of the most innovative education and employment models for refugees and marginalized youth in MENA. We have also been awarded a Google Rise Award and Finalist Award for the MIT Innovate for Refugees competition for our work.
Re:Coded is seeking a Finance Officer to oversee all financial aspects of our activities across Iraq under the supervision of the Finance Director. This position will be responsible for managing financial transactions, financial forecasting, budgeting and reporting for our programs in Iraq, as well as helping to ensure compliance of all grants and contracts from inception to closure. In addition, the Finance Officer will ensure that both program and operations staff improve their understanding of different finance mechanisms and build their capacity to adhere to donor regulations related to reporting, invoicing, and procurement. This position reports to the Finance Director based in the Istanbul office.
Financial Management and Compliance
Ensure that all policies and procedures are in compliance with Re:Coded and funding source policies, procedures, and requirements.
Apply internationally accepted accounting principles and procedures to analyze financial information and prepare accurate and timely financial reports;
Ensure appropriate accounting control procedures;
Maintain a good system of records;
Provide management and program staff with monthly actual-to-budget expenditure reports and analysis for all grants and unrestricted funds.
Ensure that on a monthly basis balance sheet reconciliations are completed in a timely manner and those final reconciliations and trial balances are reviewed with the Country Director and Finance Director.
Closely monitor all financial activities, and keep the Chief Operating Officer and other management staff advised of all situations which have the potential for a negative impact on internal controls or financial performance.
Facilitate and coordinate external, internal, donor or government audits.
Ensure compliance with the accounting and auditing requirements.
Maintain current knowledge of local government requirements related to financial matters and ensure compliance with tax regulations and other legal requirements.
Work with the Finance Director to ensure that there is proper segregation of duties in all financial functions.
Budgeting
Assist with the preparation and revision of program and grant proposals and budgets.
Review budgets with actuals reports to ensure adherence to restrictions on line item flexibility and stated restrictions on accepted costs. Support follow up actions to resolve any identified problems.
Assist in the preparation and maintenance of the organization’s Operating Budget, including preparation of budget guidelines to assist managers in formulating budgets.
Support Iraq program staff with budget forecasting.
Capacity Building
Build capacity of Re:Coded staff in financial management through training and coaching.
Supervise the work of one finance assistant.
Ensure comprehensive and constructive performance reviews are completed on a timely basis and facilitates discussion of performance and career options with all country finance staff.
Oversee training and technical support to country program and administrative staff for skills improvement in the areas of accounting, reporting, compliance and internal control.
Treasury
Oversee the timely preparation, review and approval of all monthly bank account and cash reconciliations.
Design, implement, and monitor systems, procedures and reporting necessary to maintain on current basis accurate forecasts of cash requirements for meeting future spending, including commitments entered into and which obligate Re:Coded to future spending.
Supervise the preparation of Cash Transfer Requests to the Finance Director and ensure that appropriate balances are maintained to facilitate grant implementation.
Ensure the development and implementation of a plan to minimize the country’s foreign exchange exposure to currency gains and losses.
Establish and maintain effective, sustainable relationships with bank officials in the cities where Re:Coded operates in Iraq.
Minimum 5 years of work experience in a finance or accounting role, preferably supporting financial operations in organizations with international donors.
A bachelor's degree in accounting, economics, finance or a related field. A recognized professional certificate in accounting such as a CPA or a master’s degree in accounting is highly desirable.
Experience working with Quickbooks Online is preferred.
Strong computer skills and ability to easily navigate all platforms within G-Suite and Microsoft Office.
Strong working knowledge of communication tools like Slack and Trello.
Proficiency in written and spoken English is a must. Proficiency of Arabic is an asset.
Handling sensitive and confidential information with honesty and integrity.
This vacancy is archived.