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Organization: Magenta FZE
Location: Jordan, Amman
Grade:
Occupational Groups:
Administration/Finance
Closing Date: 2024-08-01
Finance Manager
Location:
Based in Amman, Jordan with business travel on a need basis.
Reporting Manager:
Operations Manager
Grade level:
D
Remuneration:
$3,500-4,200 per month, depending on level of experience and qualifications, plus benefits.
Direct Reports
Finance team (Accountant/Finance Officer
Application Deadline:
1 August, 2024
MAGENTA is a leading Social and Behavioural Change (SBC) agency that specialises in understanding human decision-making processes in order to design solutions for relevant and impactful solutions to some of the most challenging problems of our time. We implement programmes across the Middle East & North Africa, Africa, Asia, and Latin America & The Caribbean using the latest in behavioural science principles and a rigorous approach to research, strategy, campaign design and implementation.
Our client base includes UN agencies, INGOs, the FCDO, the US government and the private sector. We aim to amplify the voices of local actors while bringing international expertise and methodological rigour. To do so, we partner with civil society, creative agencies, media and academics to design innovative, relevant and impactful solutions to some of the most challenging problems of our time. Whether we are aiming to shift parenting practices to improve children’s outcomes or to understand how social norms underpin corruption, we always go the extra mile to ensure we can create positive impact for some of the most underserved populations in the world.
This role will be a strategic role in the Corporate Services department, which supports MAGENTA’s delivery and growth work. The Finance Manager manages MAGENTA’s group level and entity finance and accounting functions.
RESPONSIBILITIES
Financial and Accounting Management
- Analyses and presents financial reports in an accurate and timely manner; clearly communicate monthly and annual financial statements; collate financial reporting materials for all donor segments, and oversee all financial, project/program and grants accounting.
- Leads effective commercial negotiations with clients to ensure optimal business outcomes.
- Provides quality control on financial proposals and project budgeting, especially by developing budgeting templates and building capacity of staff to prepare winning proposals and use budgeting tools effectively.
- Coordinates and lead the annual audit process, liaise with external auditors and the finance committee of the board of directors; assess any changes necessary.
- Oversees and leads annual budgeting and planning process in conjunction with the company leadership; monitor progress and changes; and keeps senior management team abreast of the organisation’s financial status.
- Manages organizational cash flow and forecasting
- Advises on individual entity banking, including compliance with any host country requirements and reporting.
- Implements a robust contracts management and financial management/ reporting system; ensure that the contract billing and collection schedule is adhered to and that financial data and cash flow are steady and support operational requirements.
- Updates and implement all necessary business policies and accounting practices; improve the finance department’s overall policy and procedure manual.
- Effectively communicates and presents the critical financial analysis as needed.
- Develops clear accounting procedures, including internal resources such as accounting manuals.
- Leads on integrating MAGENTA’s group level accounting, especially by working with appropriate resources to develop all needed transfer pricing agreements and ensuring proper group level accounting reporting.
- Leads on managing MAGENTA’s indirect rates, including USG NICRA application and management as well as consistent and compliant indirect rate management for entities without a NICRA.
Requirements & Competencies
- Education
- Accounting or finance qualifiacation required; Masters preferred
- Experience
- At least 7 years experience in Financial Management including accounting and accounting software, reporting, budget management, etc
- At least 3 years working on USG awards in a similar capacity
- Working knowledge of Microsoft Business Central highly desirable
- Ability to work effectively, respectfully and successfully with governments, clients, partners and other stakeholders in complex settings;
- A strategic thinker, with a keen desire to learn, problem-solve and consume new information;
- Robust logic chain analytics and strong general analytical skills;
- Fluency in English;
- Key Competencies
The following are key competencies required for this position.
- Reliability
- Integrity
- Critical thinking
- CULTURAL FIT
- Demonstrated adherence to MAGENTA’s core values: Authenticity, Transparency, Curiosity and Innovation;
- Willingness to live, work and travel in developing/post-crisis settings;
- Personable and demonstrated ability to build networks;
- Comfortable in multi-cultural settings;
- Entrepreneurial spirit and willingness to get hands dirty.
- WORKING CONDITIONS
- MAGENTA has a flexible working policy which promotes periods of remote working in the year
- MAGENTA is committed to creating a diverse work environment. All qualified applicants will receive consideration for employment without regard to race, colour, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, or age.
How to apply
Applicants should submit a two-page CV and letter of motivation here. The letter of motivation should describe why you want to join the MAGENTA team, with a specific example of how your experience and skills can enhance MAGENTA’s work.
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