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Beirut - Finance Associate (G6)

1.00 to 10.00 Years   Beirut, Lebanon   18 Sep, 2023
World Food Program - Other locations
1 Jobs Openings
Job LocationBeirut, Lebanon
EducationNot Mentioned
SalaryNot Mentioned
IndustryNon-profit Organization
Functional AreaNot Mentioned

Job Description

Organizational Context:˙The post is based in Beirut CO and the incumbent is to report to the Finance Officer.˙Job Purpose:˙To support the stewardship of WFP?s resources, monitoring budgets, forecasting, reporting on key data and providing basic administrative and human resource functions that enable effective management of funds, and ensure assistance to beneficiaries is undertaken in the most efficient and effective way possible.˙Duration of Assignment: 12˙months (renewable based on business need and performance)˙˙Key Responsibilities (not all-inclusive, nor exhaustive):˙Under the direct supervision of the national Finance Officer, and the overall supervision of the Head of Finance, the Finance Associate will perform the following responsibilities:

  • Provide procedural and technical support to staff within the areas of finance and budget, to ensure compliance with WFP financial policies, rules, and regulations.
  • Support the development and implementation of financial policies and procedures and assist in setup and implementation of proper accounting procedures, systems, and internal controls.
  • Perform daily financial transactions, overall cash management, Cash Based Transfer (CBT) transactions, and monthly financial closures on a regular basis in accordance with corporate requirements.
  • Report on key data for financial status and outcomes of projects in accordance with corporate governance requirements, ensuring accuracy, deadlines, and accounting processes are complied with.
  • Monitor account balances and process financial transactions in an accurate and timely manner, to maintain appropriate cash balance to avoid the occurrence of an overdraft.
  • Monitor the centralized registry system to process all payments to internal staff and invoices to external suppliers in a timely manner and in accordance with WFP standards.
  • Contribute to the preparation, implementation and monitoring of budgets, monitor expenditure and budget forecasts, to ensure that relevant future funding requirements are met.
  • Support in processing monthly payroll for Lebanon staff.
  • Track and collate data to support others to improve policies, systems, and procedures to minimize financial risks, improve the efficiency and effectiveness of operations, and ensure services are aligned with business objectives.
  • Contribute to the delivery of financial controls and insight into WFP performance, supporting periodic risk and internal control assessments to identify areas which may present potential audit, compliance, or financial risks.
Remain on stand-by and follow standard emergency preparedness practices to meet immediate emergency requirements for further service on the job and in the field.

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