Finance Manager – Budgeting & Reporting (World Bank) – Beirut

As part of the finance team of the country office under the
supervision of the Deputy Director of Finance and / or Finance coordinator, the
Finance manager (Budgeting & Reporting) will be responsible of managing the
day-to-day budget and grants budgeting and reporting tasks that are related to
specific identified donors. The Finance manager (Budgeting & Reporting)
ensure the budget and grants management issues are immediately attended to and
ensures that donor budgets are prepared in accordance with the IRC and specific
donor’s requirements and are submitted on time.
In addition, this position will ensure that the grants are
implemented in compliance with the donor regulations and the IRC requirements,
ensure timely submission of the donor financial reports, additionally will
develop budget tools, and conduct trainings to ensure efficiency in the
Budgeting and reporting function.

Major Responsibilities:

Lebanon Country Office Fiscal Year Operating Budget

• The Finance manager (Budgeting & Reporting) may assist in preparing the Lebanon Fiscal Year Country Operating Budget following the IRC standard format for the final review of Deputy Director Finance before further submission.
• Ensures that the country-operating budget is regularly updated and is available for use as a management tool during the development of new proposal budgets and during times of rapid expansion and/or program reduction. • Provides recommendations to address projected funding shortfalls or lack of funding coverage for each component of the fiscal year budget.
  

New proposal budget Development:

• 
  New proposals budget preparations.
• Prepare budgets for the new proposals and revise existing budgets, ensure all costs are covered not under/over budgeted, in addition to ensure the correct use of the IRC and specific donor budget standard templates and linking it to the donor template.
• Work with the Finance Coordinator and Deputy Director Finance on the monthly Shared Program Cost (SPC) for new proposals calculation and monthly allocation.

Grant Management & Reporting

• 
  Mainly managing World bank project
• Ensure the monthly Budget versus Actual (BvA) and spending plan reports for Lebanon assigned grants are uploaded and up to date in the BVA system.
• Prepare and updates spending plans for all active grants in conjunction with designated budget holders and SPC calculation projection.
• Review budget spending against spending plans / actual spending and advise relevant staff on spending status. Request feedback on all over/under spending from budget holders.
• Participates in monthly Grant Review Meetings (GRMs) for grants spending feedback and follow-up on action points identified during the grant’s meetings.
• Attend and provide input and support to Grants Opening, Project Implementation meetings -PIM and Grant Closing Meetings.
• Provide support and feedback to Operations and Program Managers on all questions regarding the BvA reports and process as BVA Finance Admin.
• In compliance with the donor regulations and the IRC requirements, propose adjustment entries required for the BvA reports and grant financial reports
• Prepare the new budget line codes (T2 codes) and look up codes for new grants, perform upload in the ERP system.
• Prepare grants external donor financial reports for review and sign off in country by the Deputy Director Finance and SMT for further submission. Ensures reports are incompliance with the donor reporting template, to be submitted on time as per internal and external contractual requirements.
• In consultation with the Grants Unit, provide review on actual charges transactions and advice on key donor compliance requirements.
• Provide analysis and guidance on staff coverage, salary mapping in addition to the Shared Program Cost –SPC coverage and allocations for Deputy Director Finance final review and further approval.
• Provide analysis review of grants spending plans vs actual spending.
• Perform the Finance verification of Purchase Requests to ensure: Items are allowable, allocable, and reasonable; Budget remaining balances are adequate; Accuracy of information included of: Items charging codes are correct and Mathematical calculation of total amounts.
  

Subgrant Management

• 
  Assists in the review of new sub-award new proposal budgets as required, after being reviewed by the Partnership unit.
• Assists the partnership responsible staff tracking and monitoring of subgrantee budgets and provide guidance or training to partners on budgeting as needed.
• Review the partners financial reports along with the supporting documents.

Staff Training (Finance & Non-Finance)

• 
  Assist the Finance Coordinator in conducting regular staff training and induction sessions for Program, Operations, Finance, Lebanon Field Offices staff on Budgeting and reporting topics, such as: Budget management, review grant actuals and reports… etc.
• Work closely with the team to build their capacity in budgeting and reporting aspects where needed.
• Able to transfer the know/ how of the donor reports, realignments, proposals, reconciliation with the financial report tool and accounting system.

Key Working Relationships:
Position Reports to: Finance Coordinator
The position directly supervises:
Sr. Finance Officer / Finance Officer (Budget and Reporting)
Internal:
Lebanon CO SMT, Grants Unit, Program Coordinators, Finance,
and budget holders.

Minimum Qualifications:

Education: Minimum a bachelor’s degree in finance, Accounting or Commerce. Minimum of (5) years of experience.

Experience, Skills and Abilities:

• This position requires experience in Excel functions, financial reporting, and analysis
• Strong analytical skills to be able to make logical and strategic budget decisions.
• Skills and abilities in working remotely supporting staff.
• Must be able to function comfortably in a complex with tight timelines work environment, under pressure whilst prioritizing multiple tasks.
• Must be able to communicate effectively (written and verbal) in English, good time management and interpersonal skills.
• Excellent computer skills, MS Office package with advanced Excel and the ability to create Macros.
• Worked in a humanitarian sector (International NGO)
• Knowledge of major European donors’ budgeting and reporting requirements, such as: ECHO, Europe Aid, UN Agencies, and SIDA is a plus.

Candidates agree to disclose to IRC any situation of actual potential conflict of interest that impacts the capacity to serve the best interest of IRC and understand that any misstatement or misrepresentation described during the recruitment process and/or after hiring may lead to his/her disqualification or dismissal by IRC, and/or sanctions by the Donor (World Bank).