Field Financial Manager

Job Description – Field Financial Manager

Job Purpose Summary

The Financial Manager is responsible for:

• Providing financial reports and interpreting the financial status of the field office, including recommendations.
• Analyzing daily financial activities and advising subordinates on future financial plans.
• Recommending strategic financial plans to maintain stable and effective asset and cash management.
• Supporting stakeholders in making sound financial decisions to achieve company's objectives efficiently and effectively.

Key Duties and Responsibilities

• Prepare estimated budgets aligned with strategic objectives in coordination with the Field Office Manager.
• Monitor annual plans and budgets and submit periodic progress reports.
• Ensure accuracy of accounting records and compliance with approved financial systems and procedures, accounting standards, and host country regulations.
• Prepare financial statements, final accounts, and annual financial closing, and oversee all accounting and financial activities.
• Analyze costs, contributions, operational results, and actual performance against work plans.
• Review required administrative and financial reports and prepare monthly and quarterly reports for headquarters and donors.
• Supervise financial operations, establish financial frameworks, and ensure compliance of all transactions with policies and regulations.
• Ensure implementation of headquarters’ financial decisions and review accounts accordingly.
• Apply effective financial control systems.
• Approve closing inventory adjustment entries and submit them for final approval to headquarters finance.
• Prepare audit files for internal and external auditors and ensure availability of financial documents.
• Prepare annual financial statements in coordination with the external auditor.
• Safeguard office assets, investments, and projects through financial controls.
• Manage office cash operations, asset inventory, and registration.
• Review insurance coverage for assets and properties against risks such as fire, theft, and accidents.
• Supervise accounting staff at the field office.

Other Duties

• Membership in procurement committees.
• Approve petty cash settlements.
• Approve balances of payables and receivables.
• Approve project balances, guarantees, obligations, surpluses or deficits, and recommend corrective actions.
• Perform other accounting duties assigned by the direct manager within the scope of the job.

Job Requirements & Qualifications

• Education: Bachelor’s degree in Accounting, Finance, or Financial Management.
• Professional Certifications: ACCA, CFA, CMA, CPA.
• Experience: Minimum of 6 years in accounting roles.
• Skills: Strategic thinking, strong accounting knowledge, budgeting expertise, Arabic and English language skills, interpersonal skills, Microsoft Office proficiency.
• Knowledge: Financial sector experience, budgeting, accounting entries, year-end closings, ERP systems.
• Abilities: Strong communication and leadership skills, financial analysis capability, legal compliance awareness, accountability, efficiency, and problem-solving skills.