JOB: Financial Responsible\Financial Coordinator - SIX Month Contract - Turkish nationality prefers.
work nature: Full Time - 8 hours, 40 hours weekly. **
The Financial Coordinator (FC) is an official in the Finance Department of INSURYA. And is responsible for ensuring the robustness of INSURYA's financial management systems and processes.
He is responsible for financial reporting, financial grant management, commitment, communications, and capacity building for all INSURYA financial officers (including in branch offices or specific financial positions for the project). He Designs, improves and maintains effective financial systems and processes.
In line with INSURYA's strategic priority in promoting a high-performance organizational culture and accountability, it works with the Program Section to ensure that all INSURYA projects maintain a high level of resource oversight and strict financial control.
DUTIES AND RESPONSIBILITIES:
1-Ensure the programs financial accounting environment is in compliance with INSURYA's policies and procedures, Generally Accepted Accounting Principles, donors' rules, and regulations and legal requirements.
2-Ensure the overall accuracy of financial information recorded in Syria Programs general ledger and reflected on the Programs trial balance and other financial reports submitted to HQ, donors, and other stakeholders.
3-Oversee the development and implementation of robust local financial systems and processes (for e.g., payroll and cash management) as appropriate.
4- Ensure all assets including cash, inventories, accounts receivable and fixed assets are accurately reflected on the INSURYA's Financial Statement.
5- Oversee the monthly analysis of INSURYA trial-balance and other financial reports. Such reports include but are not limited to budget comparison reports, grant liability reports, efficiency reports.
6- Highly collaboration with the CEO and other senior managers, preparing and submitting the Annual Plan and the Current Year Spending plan updates.
7-Support the programs Department in developing budgets for new programs/projects and revisions of existing projects.
8- Ensuring that estimating "direct and indirect cost" used in budgets based on historical data and current market conditions.
9- Ensuring that accurate indirect cost and support services rates are used in accordance with policies and guidelines for each project
10- Provide the Senior Management Team with regular and timely budget comparison reports.
11- Analyze and review quarterly cash forecasts submitted to HQ, to ensure efficient management of cash flows. In addition, ensure INSURYA cash forecasts submitted to donors are accurate and based on proper cash flow planning.
12- Ensure the availability of sufficient, but not excessive cash in the operating account, by establishing cash balance monitoring systems to trigger timely accounts' replenishment.
13- Ensure bank accounts are managed in accordance with finance and treasury policies. Coordinate the opening and closure of bank accounts and maintain.
14- Ensure INSURYA monthly bank reconciliations are performed in accordance with the Bank Reconciliation Procedure for all bank accounts and approved bank reconciliation forms are submitted to HQ on a timely basis.
15- Monitor currency exchange rates and alert management when/if unusual or unexpected coinsurances occur.
16- Contribute to Supervising, mentoring, coaching finance staff.
17- Oversee the orientation of accounting staff and project managers in relevant financial management practices, policies, procedures, and donors' financial requirements.
18- Ensure INSURYA job descriptions for Finance employees are up to date. In addition, ensure INSURYA performance and development plans are prepared each year.
19- Conduct the annual performance appraisals for supervised staff, make these documents a useful tool for employees to maintain and improve their performance.
20- Providing feedback on performance appraisal and professional development of Finance staff to Human Resources Department and CEO.
21- Oversee the month-end and year-end financial closure process and coordinate the timely submission of monthly and yearly financial reports to CEO and Donors.
22- Monitor grant agreements to ensure spending is within obligated budgets and the approved project periods.
23- Review and understand the financial sections of all agreements with donors to ensure financial terms are reasonable, practical, do not contradict INSURYA's policies and procedures.
24- Coordinate the submission of monthly, quarterly and final financial reports to donors in accordance with donors' regulations.
25- Ensure grants are set up correctly and timely in INSURYA's financial systems.
26- Ensure grant liability balances are analyzed and reconciled on a regular basis.
27- The effective contribution the ongoing financial management of grants and related cost-INSURYA through timely c