Job Description

Agency

Aga Khan Foundation

Salary

Salary and package to attract the best candidate

Region

Middle East

The requirements

REQUIRED QULAIFICATIONS:
EDUCATION:

• Bachelor's degree in Accounting or Finance.

EXPERIENCE:

• 3-5 years relevant accounting & finance experience, preferably in the field of development sector or donor-funded projects.
• Good knowledge of accounting principles and financial reporting standards.
• Proficiency in Microsoft Excel and other Microsoft Office applications.
• Knowledge in relevant accounting ERP software such as Microsoft Dynamics 365
• Business Central software

COMPETENCIES:
• Keep confidentiality, honest and trustworthy.
• Good command of read, written and spoken English
• High attention to detail and accuracy and is service oriented.
• Has analytical skills, shows discipline and time management, takes initiative and is a team player.
• Respectful to staff members and demonstrate sound work ethics.
• Ability to work independently and collaboratively within a team.
• Demonstrated integrity, accountability, and commitment to confidentiality

WORKING CONDITIONS:
The work is in-office.
Normal conditions for an office environment in well reputed foundations.

SAFEGUARDING POLICY:
OHF has policies and systems in place to prevent sexual abuse, neglect, exploitation, harassment, bullying, and sexual harassment. It is also to safeguard children, adults, our teams, consultants, volunteers, partners, beneficiaries, and all stakeholders. OHF will ensure a workplace culture built on respect, tolerance, diversity, and inclusion.

The position

• Review payment requests, invoices, and supporting documents to ensure completeness and compliance with organizational policies.
• Prepare and post journal entries in the accounting system.
• Verify the accuracy of general ledger (GL) coding and cost allocations.

Budget Monitoring
• Monitor project expenditures against approved budgets.
• Prepare Budget vs. Actual reports and analyse variances.
• Alert the Finance Manager and Project Managers to any budget overruns or financial risks.

Donor Compliance

• Ensure that all expenditures comply with donor regulations, organizational policies, and contractual requirements.
• Verify that all required approvals and supporting documentation are obtained before processing payments.
• Maintain complete and well-organized financial documentation for donor-funded projects.

Financial Reporting
• Prepare monthly financial reports and account reconciliations.
• Assist in the preparation of donor financial reports.
• Analyse financial data and provide explanations for budget variances when required.

Audit Support
• Prepare financial records and supporting documentation for internal and external audits.
• Respond to auditors' inquiries and provide the requested documentation.
• Follow up on audit findings and support the implementation of corrective actions.

Cash and Bank Management
• Prepare cash requests and cash forecasts.
• Perform bank reconciliations on a monthly basis.
• Monitor cash balances and ensure proper cash management.

Partner Financial Management
• Review partners' financial reports and supporting documentation.
• Verify compliance with financial agreements and donor requirements.
• Conduct financial monitoring visits to partner organizations when required.
• Provide financial guidance and support to partners on compliance and reporting requirements.

Other Responsibilities
• Maintain accurate and up-to-date financial records.
• Ensure compliance with organizational financial policies and procedures.