Position Details:

• Position: Finance Assistant
• Vacancy Reference Number: FA-01
• Location: Sana’a.
• Contract type: Full Time.
• Duration: 12-month renewable based on the fund availability.
• Reports to: Finance Officer
• Joining date: As soon as possible.

About Reyadah:

Established in 2013, Al-amal Foundation for Training and Entrepreneurship (Reyadah) stands as a beacon of economic inclusion for Yemeni entrepreneurs. Our mission is to Empower youth by investing in their skills, supporting them with business development services, and nurturing entrepreneurial culture to enhance their productive engagement in economic activities.
REYADAH’s main goal is promoting the entrepreneurship ecosystem in Yemen by creating and enhancing opportunities in vital economic sectors and value chains through integrating business development services and financial services for entrepreneurs, MSMEs and start-ups, aiming to achieve our goals by pursuing creative strategies for entrepreneurs and start-ups to support diversity and growth through the market-oriented and systematic approaches
Al-Amal Foundation works on qualifying and empowering youth to establish and manage their own Start-ups and promote their opportunities in the labor market through comprehensive and innovative solutions
We also provide training, advisory, and mentoring services to entrepreneurs and MSMEs ensuring high efficiency and effectiveness following best practices and international standards as well as developing specialized studies and research.

Job Summary: 

A Finance assistant is responsible for maintaining sound financial and accounting systems and controls. The role entails performing day to day finance and accounting tasks including, reviewing and processing payments, filing and document retrieval, providing all transactional financial services, including, preparation of financial reports, payroll, reconciliations, accounts payable and receivable. 
To perform this job successfully, an individual must be able to perform each essential function with or without reasonable accommodation

Responsibilities:

• responsible for making various entries in the financial system related to accounting operations.
• Implement financial policies to guarantee operational efficiency
• Process incoming invoices and vouchers, ensuring that these are properly approved, stamped and coded, after being submitted to the Finance Department.
• Review Purchase Requisitions ’s and procurements steps (offers, bid summary, Purchase Orders) and collects necessary signatures. Review applicable agreements backup documentation and ensure that necessary signatures are obtained 
• Ensure that transactions are complete, accurate and within the timeframe set.
• Review estimated expenses prepared by the program team and make sure all needed supporting documentation is provided. 
• responsible for monitoring project budgets, expenses for each budget item, and recording expenditures as they occur
• Prepare internal and external financial reports, ensure that reports are reconciled with accounting records and in line with internal and external policies and rules
• Provide support in recording employee salaries and taxes and other tax reporting.
• Updates and reconciles analysis of Accounts Receivables and Accounts Payables on a monthly basis. address all necessary adjustments with the supervisor before month close end.
• Works with the team on the accounting entries into Costpoint. Ensures there is proper supporting documentation for all payments and other accounting entries.
• Prepare Monthly Bank Reconciliations, and Cash/Bank transaction journals 
• Perform other duties as assigned. The duties and responsibilities listed in this document are representative of the nature and level of work assigned and not necessarily all inclusive.

Job Requirements

MINIMUM QUALIFICATIONS

• University Degree in Accounting or Finance. 
• 2+ years of relevant and progressive experience working in finance/accounting in the same field.
• Knowledge of varied donor financial regulations 
• Knowledge of accounting principles
• Demonstrated understanding of and experience using accountability and accounting practices;
• Experience in working with computerized accounting systems, experience with ERP systems preferred;
• Experience working with INGOs .
• Must be able to carry out responsibilities independently with minimal technical support from within the organization.
• Committed to continuous learning; willingness to keep abreast of new developments. 
• Excellent communication and customer relations skills.
• Ability to coordinate work with others, work under pressure of tight and conflicting deadlines and handle concurrent activities.
• Excellent interpersonal skills, including ability to operate effectively across organizational boundaries; ability to establish and maintain effective partnership and working relations in a multi-cultural, multi-ethnic environment with sensitivity and respect for diversity.
• Fluency in English, written and oral is preferred Addition.