Senior Finance Coordinator
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Senior Finance Coordinator
Job title: Senior Finance Coordinator
Purpose: To manage the day-to-day accounting and financial tasks, ensuring accurate recording of financial transactions, and providing support in the preparation of project related financial reports.
Responsible to: Associate Director of Finance & Operations
Responsible for: N/A
Working with: All the departments
Location: London Office or Amman Office, Hybrid with at least 2 days from office
Post: Full time
Period: Permanent
Grade: 4.1
Salary: GBP 41,938 for London or JOD 29,500 based on location
RedR UK and the work we do
RedR UK is an international NGO and learning provider that develops capacity and supports aid workers, organisations, and communities to prepare for and respond effectively to crises within humanitarian, development, and peacebuilding contexts. Our work builds resilience, primarily in low and lower middle-income countries worldwide. We have 40 years’ experience responding to natural and manmade disasters.
We are an HPass Certified Learning Provider, meaning we meet the Humanitarian Learning Standards. RedR UK is committed to the Humanitarian Charter, the Code of Conduct for the International Red Cross & Red Crescent Movement and NGOs in Disaster Relief and the Core Humanitarian Standard.
RedR UK has offices in London and Amman and maintains a large pool of highly qualified trainers and experts who go through a rigorous certification and selection process. Our work is overseen and supported by a Board of Trustees with wide experience, in the humanitarian sector and other fields. RedR is a Membership organisation with a global network of 1,800 Members, all of whom are experienced humanitarian professionals.
We are also part of RedR International, an international federation of organisations that share a common vision and mission. The federation’s vision is a world in which sufficient competent and committed personnel are available and responding to humanitarian needs. Members include RedR UK, RedR Australia, RedR India, RedR Malaysia and RedR Indonesia.
RedR UK is committed to a strong, positive culture, with benefits for staff and those with whom we work. Our culture is also important to us in terms of our ethic of humanitarian impartiality and neutrality and our compliance with the Core Humanitarian Standard (CHS) and other professional codes of conduct.
Our values are vitally important to us as individuals, teams and to RedR UK as a whole. We are committed to a continuous process of strengthening our culture, maintaining the high standards required to work together effectively, and delivering first class advice and service to those with whom we work.
About this role
We are seeking a highly skilled and detail-oriented Senior Finance Coordinator to join our finance team. The Senior Finance Coordinator will be responsible for managing the day-to-day accounting and financial tasks, ensuring accurate recording of financial transactions, and providing support in the preparation of financial statements, restricted and unrestricted funds budgeting and reporting. The ideal candidate should have extensive experience in Project finance with USAID and other big donors, possess strong analytical skills, and have a solid understanding of charity accounting principles and regulations. If you possess the required qualifications and are ready to take on this challenging role, we encourage you to apply.
Job Description
Main Duties, Responsibilities and Accountabilities:
- Maintain accurate and up-to-date financial records, including accounts payable, accounts receivable, general ledger, and bank reconciliations
- Process and reconcile financial transactions, such as invoices, payments, and expense reports
- Perform month-end and year-end closing procedures, including preparation and analysis of monthly management accounts
- Ensure compliance with accounting standards and regulations
- With programme colleagues lead on budgeting and forecasting processes
- Support programme teams with financial reporting
- Monitor cash flow and provide management options Collaborate with external auditors during financial audits
- With Associate Director of Finance and Operations undertake internal programme audits
- Provide support in payroll processing and employee expense reimbursements
- Stay updated on changes in accounting regulations and best practices
- Assist in implementing and improving accounting processes and systems
Skills required:
Essential skills
- High level of experience in using QuickBooks, preferably QuickBooks Online and Excel
- Posting journals and corrections of previous postings
- Setting up recurring journals, both scheduled and unscheduled
- Able to create / delete / close nominal account codes, classes and locations
- Experience in project finance and ideally should have worked on USAID and other large-scale projects.
- Able to input or amend budget information
- Reconcile bank accounts and other nominal accounts
- Make allocations including split allocations base on programme budgets
- Download various reports from QuickBooks into Excel files
- Able to analyse and present financial information to non-finance colleagues
Accounting and Finance :
- Ability to prepare up to Trial Balance Level (using Quick Books online)
- Ability to provide all year-end financial reports to accountants/auditors to produce audited financial statements
- Charity Accounting
- Reconciliation of bank accounts and various nominal ledger accounts (e.g., payroll accounts including PAYE/NIC/Pensions, Accounts Payable/Receivable, depreciation, etc)
- Understanding and ability to calculate and post journals relating to prepayments and accruals
Other skills:
- Excel, Word and Email.
- Able to communicate effectively
- Be collaborative and is a team player
- Able to analyse to seek solutions for problems
Preferred, but not essential skills:
- Experience in foreign currency back accounts would be an advantage
- Use of DEXT for automated input of purchases costs and expenses to QuickBooks
How to apply:
Email a CV and a cover letter demonstrating your reasons for applying and suitability for the role. Please note that hiring will be on rolling basis with closing date (20th January 2025).
Location: London Office or Amman Office, Hybrid with at least days from office
Contract: Full-time
Salary: GBP 41,938 for London or JOD 29,500 based on location
Closing date: 20/01/2025