Finance Manager

ERBIL or BAGHDAD | IRAQ

Start Date: February 2019

Employment Type: Full-time

Deadline to Apply: January 15, 2019


About Re:Coded

Re:Coded is nonprofit organization registered in the United States, with operations in Iraq, Turkey and Yemen. Our mission is to prepare conflict-affected youth to enter the digital economy as software developers and tech leaders. Since 2017, we have trained more than 450 children and young adults how to code. Over 85% of our graduates, seeking employment after graduation find technical work within 6 months. Our activities include coding bootcamps, entrepreneurship training, a co-working space, and tech workshops and events.

Re:Coded was founded on the belief that learning how to code should be available to everyone, especially populations affected by conflict. As war-shattered economies start to get back on their feet, we train the generation that will drive these countries forward with the help of technology, while helping to solve the global technical talent shortage.

We’re are supported by some of the world’s leading foundations & development agencies, including GIZ, UNDP, WeWork, Western Union Foundation, Slack and SAP.  


What We Want

Re:Coded is seeking a Finance Manager to oversee all financial aspects of our activities in Iraq in coordination with the Chief Operating Officer and the Country Manager. This position will be responsible for managing the finances of the Iraq country program, including accounting, financial forecasting, budgeting, reporting and ensuring compliance of all grants and contracts from inception to closure. In addition, the Finance Manager 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. The Finance Manager will report to the Chief Operating Officer.

Key Responsibilities

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 analysing financial information and prepare accurate and timely financial reports;

  • Ensure appropriate accounting control procedures;

  • Maintain a good system of records;

  • Provide country 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 on a timely manner and those final reconciliations and trial balances are reviewed with the Chief Operating Officer.

  • 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.

  • Direct the preparation of, and approve all donor financial reports in respect to accounting, legal and contractual requirements and ensures the review of such reports by the Country Manager and Chief Operating Officer prior to submission.

  • 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 Chief Operating Officer 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 problem.

  • Assist in the preparation and maintenance of the country’s Operating Budget, including preparation of budget guidelines to assist program managers in formulating budgets.

  • Support country program staff with budget forecasting.

Capacity Building

  • Build capacity of Re:Coded and partner staff in financial management through training and coaching.

  • Supervise and manage two finance assistants in-person and remotely.

  • 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.

  • Establish country policies on advance payments, credit terms, and use of bank payment instruments.

  • 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 Chief Operating Officer 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.


The ideal Candidate

  • You are an incredible communicator - online, in-person and everything in between. You’ll be able to keep the team up-to-date with any news.

  • You have a positive attitude and love to help others.

  • You are extremely detail-oriented, organized and proactive. This means you think about every little issue before it comes up and are always planning ahead, and you like to come up with ideas about how we can be more efficient and better.

  • You’re extremely reliable, responsible and productive. You won’t rest till every task on your list is completed and you won’t need to be reminded about what you need to do.

  • You demonstrate integrity, dependability, accountability, self-awareness, work ethic, and empathy.


Requirements

  • 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 related field. A recognized professional certificate in accounting such as CPA or a master’s degree in accounting is preferred.

  • Extensive experience working with computerized accounting systems, standard spreadsheet and database programs is required. 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.

  • Experience managing staff in multiple locations.

  • Proficiency in written and spoken English and Arabic is a must. Working knowledge of Kurdish is highly desirable.

  • Handling sensitive and confidential information with honesty and integrity.

  • Available for short term travel within Iraq.


To Apply 

Please send your CV and cover letter to careers@re-coded.com with the subject line Finance Manager - Iraq. Only shortlisted candidates will be contacted for the next phase of the hiring process. Applications without CV or cover letter will not be considered.