As a member of the Country Program Senior Management Team, the Deputy Director of Finance provides the financial leadership and management necessary to ensure that the country program has the appropriate financial infrastructure and systems in place to support the strategic vision and mission of the organization. S/he will contribute to the development of the country programs strategic and operational plans and be accountable for ensuring and monitoring delivery of the financial plans through targeted and comprehensive financial analytical review. The Deputy Director of Finance is responsible for the overall policy and management for the financial and accounting management of the Country Program. Emphasis will be placed on financial management policies, practices, and systems that are compliant with local laws and the US as well as adhering to donor requirements but are also conducive to effective implementation of country programs.
As Deputy Director of Finance, s/he will have responsibility for all aspects of strategic and operational finance in the country program, acting as the principal finance business partner to the Senior Management team and Country Director, Regional staff as well as conforming to IRCs financial control environment and CFO standards and objectives.
Based in Erbil supporting five field offices across Iraq, the Deputy Director of Finance will have dual reporting to the Country Director and the Regional Finance Director.
Major Responsibilities:
Strategic Planning & Analysis
- Provides financial information that supports the Country Director and SMT in making business decisions in line with IRC, Regional & Country Program strategies.
- Provides strategic analysis on the overall financial health of the country program to the CD and SMT
- Contributes and provides feedback to the development of Country Programs Strategic Annual Plan.
Controllership
- Ensures that all in-country practices comply with IRC and donor policies and procedures.
- Establishes in-country finance procedures to supplement global policies as needed.
- Closely monitors financial activities and advises the Country Director on the financial performance of the office, issues with internal controls or financial management.
- Ensures monthly balance sheet reconciliations are completed on a timely basis.
- Manages the finance department activities and schedules to meet the financial reporting requirements and deadlines specified by headquarters and donors.
- Identifies requirements for and develops reporting formats to aid in the management of country operations and grant expenditures.
- Directs the preparation of and approves all donor financial reports in respect to accounting, legal and contractual requirements and ensures the review of such reports by the Country Director and Regional Controller prior to submission.
- Ensures in-country internal control reviews of operations are regularly undertaken.
- Facilitates external, internal, donor or government audits.
- Oversees the protection of the country’s assets (cash, inventory, fixed assets) through the enforcement of internal control policies and procedures.
- Maintains current knowledge of local government requirements related to finance and complies with tax and other legal requirements.
- Is the principal liaison with IRC HQ on all finance, accounting, grant budget management, and cash management.
Training & Staff Management
- Establishes a finance department roles and responsibilities matrix; staff job descriptions are current; recruits and maintains qualified staff to perform finance functions.
- Ensures comprehensive and constructive performance reviews are completed annually; career planning and development plans are in place for all finance staff.
- Develops and implements a training program for the country’s finance staff.
- Oversees finance training and technical support to non-finance staff for skills improvement in the areas of accounting, reporting and internal control.
Treasury
- Supervises all country program bank relations and bank account activities including negotiation of fees, interest and currency exchange rates.
- Oversees the review and approval of all monthly bank accounts and cash reconciliations.
- Maintain on current basis accurate forecasts of cash requirements for meeting future spending, including commitments which obligate IRC to future spending.
- Ensures that appropriate balances are maintained to facilitate grant implementation and cash held in headquarters is drawn regularly.
- Ensures the development and implementation of a plan to minimize the country’s foreign exchange exposure to currency gains and losses.
- Supervises the collection of contractual and other receivables.
Budget/Forecast
- Oversees the preparation and revision of grant proposal budgets; supports programs with guidance on costing and inputs in creating budgets for submission.
- Prepares and maintains the country’s annual operating budget; ensures cost coverage for in-country operating costs and updates the operating budget regularly.
- Presents and facilitates the review of actual budget expenditures with the Country Director and program managers.
Key Working Relationships:
Position Reports to: Iraq Country Director.
Position technically supervised by: Regional Finance Director
Position directly supervises: Finance Manager, Partnership Finance Officer, Budget and Reporting Officer.
Other Internal and/or external contacts:
Internal: Regional Finance team, Iraq ESMT, other IRC programs and support departments.
External: relevant donors.
- Bachelor’s degree in accounting, Business Administration, Commerce or Finance required; recognized professional certificate in accounting such as CPA, or a master’s degree in accounting preferred.
- Extensive experience working in development or humanitarian response, including over 7 years of experience living and working in the relevant field in developing and transitioning countries.
- Minimum of five years of managerial experience in finance.
- Good written and verbal skills in the English language.
- Must be comfortable in being a proactive member of the senior management team. Must have a proven track-record of proactively identifying and communicating potential problems and proposing solutions.
- Must be able to function effectively in a complex work environment, setting appropriate priorities and manage competing priorities and pressure.
- Ability to carry out responsibilities independently with minimal technical support.
- Must have excellent interpersonal communication skills and professional patience and be able to interact, partner and thrive in a diverse environment.
- Committed to staff training and development and effective at facilitation.
Demonstrated Skills and Competencies:
- The position works primarily in an office setting but may travel to remote sites.
- Demonstrated coordination and capacity building skills with key partners.
- Strong experience, knowledge and skills in participatory methods, community development and partnership
- Demonstrated experience in successfully leading, building and strengthening a team in an evolving, fast paced environment.
- Excellent interpersonal skills, positive and professional attitude, ability to lead and work well in a team setting and with multiple partners.
- Previous experience and understanding of basic human resources, programs, supply chain and grants management notions.
- Computer/Other Tech Requirements: Requires extensive experience in working with computerized accounting systems, standard spreadsheet and database programs (SUN System and Vision), ERP system knowledge is preferable.
- Ability to Travel: 25 – 30% travel to the current and potential field locations in Iraq including Ninevah, Anbar, Kirkuk, Salah Al-Din, Diyala, Basra, Baghdad, when security allows, and in the region and or other locations when needed.
Total benefits:
- Salary range: (6,457,106 - 8,717,093) Iraqi Dinars, based on various factors including the labor market, job type, internal equity and budget as well as calibrated by work location, individual candidate experience and skills relative to the defined job requirements.
- 13th month salary per year.
- 21 days of leave and 15 days of paid holidays per year.
- IRC provides health insurance for staff and their dependents.
Notice to all Job Seekers
IRC implements an equal employment opportunity policy, and our recruitment process is based on merit.
Applicants and/or successful interview candidates (both internal and external) are not required to pay any fees at any stage of the recruitment process.
If anyone asks you for any financial or non-financial favors to help you secure a job at IRC, kindly report to iraq.hr@rescue.org.
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Apply on the below link:
https://careers.rescue.org/us/en/job/req51508/Deputy-Director-of-Finance.