Overview

Job Duties
•      Create, coordinate, and evaluate the financial programs and supporting information systems of PTI including budgeting, tax planning, and conservation of assets.

•      Approve and coordinate changes and improvements in automated financial and management information systems for PTI.

•      Ensure compliance with local, provincial, and federal, as well as donor’s budgetary reporting requirements.

•      Oversee the approval and processing of revenue, expenditure, and position control documents, project budgets, salary updates, ledger, and account maintenance and data entry.

•      Prepare financial statements, financial reports, special analyses, and information reports.

•      Develop and implement finance, accounting, billing, and auditing procedures.

•      Establish and maintain appropriate internal control safeguards.

•      Interact with other PTI team members to provide consultative support to planning initiatives through financial and management information analyses, reports, and recommendations.

•      Ensure records systems are maintained in accordance with generally accepted auditing standards.

•      Develop and direct the implementation of strategic business and/or operational plans, projects, programs, and systems.

•      Analyze cash flow, cost controls, and expenses to guide the PTI team. Analyze financial statements to pinpoint potential weak areas.

•      Establish and implement short- and long-range financial goals, objectives, policies, and operating procedures.

•      Establish a Risk management log in addition to highlighting risks to PTI management & Board of Directors.

•      Assess organizational performance against both the annual budget and Peace Track Initiative’s long-term strategy.

•      Develop tools and systems to provide critical financial and operational information to the PTI Director and make actionable recommendations on both strategy and operations.

•      Engage with the Board of Directors on issues related to finance, audit, and investment around and provide advice on financial trends and changes in the operating model(s) and operational delivery.

•      Assist in establishing yearly objectives and meeting agendas, and selecting and engaging outside consultants (auditors, investment advisors).

•      Oversee long-term budgetary planning and costs management in alignment with Peace Track Initiative’s strategic plan.

•      Explore digital financial solutions that meet the needs of the organization.

•      Develop a reliable cash flow projection process and reporting mechanism that includes a minimum cash threshold to meet operating needs.

•      Optimize the handling of banking relationships and initiate appropriate strategies to enhance cash positions.

•      Oversee budgeting and the implementation of budgets so as to monitor progress and present financial metrics both internally and externally.

•      Serve on planning and policy-making teams.

•      Oversee financial management of foreign operations including developing financial and budget policies and procedures.

•      Represent PTI externally to media, government agencies, funding agencies, and the general public when needed.

•      Recruit, train, supervise, and evaluate PTI staff on PTI financial policy and procedures.

•      Build the capacity of PTI right holders/partners in financial governance and procedures.

•      Develop project financial reports in line with donors.

•      Support PTI reporting via IATI Standards.

•      Performs other responsibilities as necessary and mutually agreed.

Requirements
•      University Degree in Finance or Accounting.

•      MBA, HBA or Master’s degree in Finance or Accounting is an asset.

•      3-5 years of experience in a senior-level finance or accounting position.

•      Experience in strategic planning and execution.

•      Knowledge of contracting, negotiating, and change management.

•      Knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles.

•      Knowledge of automated financial and accounting reporting systems.

•      Knowledge of Canada and donors’ financial regulations.

•      Ability to analyze financial data and prepare financial reports, statements, and projections.

•      Ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects.

•      Ability to participate in and facilitate group meetings.

•      Work requires the willingness to work a flexible schedule.

•      Extensive, experience and knowledge in dealing with accounting systems, budgets, internal controls, business planning, and asset management.

•      Advanced proficiency with Quickbooks accounting software and spreadsheet programs and applications.

•      Effective attention to detail and a high degree of accuracy.

•      High level of integrity, confidentially, and accountability.

•      Strong work ethic and positive team attitude.

•      Sound analytical thinking, planning, prioritization, and execution skills.

•      Ability to respond appropriately in pressure situations with a calm and steady demeanour.

•      A well-defined sense of diplomacy, including solid negotiation, conflict resolution, and people management skills.

•      Able to effectively communicate both verbally and in writing.

•      Able to build and maintain lasting relationships with other departments, key partners, and government agencies and stakeholders.

•      Experience creating and managing budgets for non-profit organizations with multi-country presence.

•      Strong problem identification and problem resolution skills.

•      High level of proficiency with Microsoft Office productivity suite.

SOX compliance experience and knowledge of IATI Standards.

•      SAP knowledge preferred

•      Strong knowledge of MENA financial regulations and context.

•      Proficiency in Arabic Language is required.