Finance Associate

The Finance Associate supports efficient financial management by coordinating finance processes, analyzing financial data, and providing timely and accurate information to strengthen operational performance and decision-making within the WFP Lebanon Country Office.

Responsibilities

• Provide procedural and technical support to staff within the areas of finance and budget, to ensure compliance with WFP financial policies, rules and regulations.
• Support the development and implementation of financial policies and procedures and assist in setup and implementation of proper accounting procedures, systems and cash controls.
• Monitor the daily cash position in order to optimize the use of surplus cash and maximize returns on investment through the liquidity portfolio.
• Monitor the centralized registry system in order to process all payments to internal staff and invoices to external suppliers in a timely manner and in accordance with WFP standards.
• Contribute to the preparation, implementation and monitoring of budgets, monitor expenditure and budget forecasts, to ensure that relevant future funding requirements are met.
• Co-ordinate with other teams in order to ensure that all financial and administrative services are being performed efficiently and in line with the needs of the wider team.
• Monitor account balances and process financial transactions in an accurate and timely manner, to avoid the occurrence of an overdraft.
• Monitor and analyze general ledger accounts in order to initiate and achieve corrective actions.
• Compile data from the WFP database and systems in order to assist in generating and analyzing financial reports on a monthly basis.
• Allocate tasks to other support staff, provide guidance and on-the-job training in management of financial resources (e.g. managing the petty cash/sub-imprest account, review and analyze vendor and balance sheet accounts, etc.), to ensure services are delivered consistently and to the required standards.
• Remain on stand-by and follow standard emergency preparedness practices in order to meet immediate emergency requirements for further service on the job and in the field.

Requirements

• Completion of secondary school education. A post-secondary certificate i.e. University degree in Accounting & Finance is highly desirable.
• At least 6 years of progressively responsible experience in finance, accounting, budget, or administrative support functions.
• Experience in data processing, reconciliation, and financial record-keeping is mandatory.
• Fluency in both oral and written communication in English and Arabic.
• Knowledge of internal controls, risk management, and monitoring mechanisms.
• Knowledge of developing budgets and forecasts.
• Ability to incorporate information from various sources as appropriate to monitor KPIs.
• Knowledge of tracking and compiling financial reports.
• Knowledge of financial and accounting principles and practices.
• Relevant experience within the United Nations system or international organizations, including familiarity with UN financial rules, procedures, and systems, is desirable.

Skills

• Financial Data Processing
• Financial Reconciliation
• Financial Record Keeping
• Budget Development
• Financial Forecasting
• Internal Controls
• Risk Management
• Financial Monitoring
• KPI Reporting
• Financial Reporting
• Accounting Principles
• Finance Principles
• UN Financial Rules
• Financial Analysis
• Finance Coordination

Languages

English, Arabic