About Teach for Lebanon
Teach For Lebanon (TFL) is
an NGO working to ensure that all children in Lebanon, regardless of
socioeconomic background, have access to quality education. The model of Teach
For Lebanon is an education innovation that focuses on youth capacity building
to provide quality intervention and systemic support for students. TFL employs
and trains Lebanon’s most promising graduates, “TFL Fellows”, and places them
in schools serving underprivileged refugee and Lebanese children. These Fellows
receive on-going training and support to address educational disadvantages by
providing transformational teaching that places their students on a path of
academic success. Along the way, they become leaders and advocates for a better
Lebanon.
TFL
is a member of Teach For All, a global network present in over 60 countries. It
is a place for those who believe it is important to foster a value-driven
workplace that is centered on principle driven cooperative leadership and
accountability. Members of our team must be culture builders who exemplify the
type of leadership we are striving to cultivate in our classrooms and beyond.
Learn More: www.teachforlebanon.org
Role Summary
The Finance Director is responsible for leading strategic and overseeing financial
operations. He/she will need to ensure effective systems and processes for
fiscal planning, ongoing budget management, grant reporting oversight, risk
management, and internal financial control processes such as reporting and
compliance. The Finance Director reports directly to the Executive Director (ED)
and will serve as the lead of the Finance team, which includes the Finance
manager and accountant.
Main Accountabilities
Responsibilities
include but are not limited to:
Financial Planning, Management and oversight
(80%):
Financial Strategy and Plan
-Review, reset and establish sustainable financial systems
-Develop and implement the organization's financial
strategy in alignment with its overall goals and objectives
-Conduct financial analysis, forecasting, and modeling to
support strategic decision-making
-Collaborate with the Executive Director to develop
long-term financial plans and identify opportunities for financial growth of
the organization
-Partner with the ED to address all financial-operational
and financial-strategic issues as they arise and provide recommendations based
on financial analysis and projections, cost identification and allocation, and
revenue/ expense analysis.
Financial Management and Reporting
-Oversee the financial management of the organization,
including budgeting, financial reporting, and analysis
-Ensure the accuracy, integrity, and timeliness of
financial statements and reports
-Plan and execute ongoing budget controlling tasks and
prepare and submit to the ED & Executive Board quarterly financial reports
on Teach For Lebanon overall activities, including variance statistics,
highlighting key financial metrics, risks, and opportunities
-Ensure legal and regulatory compliance regarding all
financial functions. Oversee all accounts, ledgers, and reporting systems,
ensuring compliance with appropriate legal and TFALL standards and regulatory
requirements
-Consistently analyze financial data and present financial
reports in an accurate and timely manner; clearly communicate monthly,
quarterly, and annual financial statements; monitor progress and change
-Administer and review all financial plans on a monthly
basis and compare to actual results to identify, explain, and correct variances
as appropriate, as well as supervise short-, mid-, and long-term financial
plans and projections
-Oversee and guide all financial, project/ program, and
grants accounting/ financial reporting process and yearly audit-related activities,
and mid-year forecast process, as well as legal accountancy services.
Stakeholder Engagement
-Prepare monthly reports on incoming funds with the
Finance Manager and partnering with the Development Department in order to
identify the nature of those (Foundations, Individuals, Government,
Multilaterals, Corporations, etc.)
-Conduct bi-monthly check-in with the Procurement
department in order to plan and timely execute the payment process.
-Collaborate with internal and external stakeholders, such
as auditors, organization’s lawyer, banks, and suppliers.
-Act as a financial advisor to the executive team,
providing insights and recommendations on financial matters.
Financial Operations
-Lead and manage the finance team, providing guidance,
mentorship, and support.
-Oversee all financial operations, including accounting,
accounts payable and receivable, payroll, and procurement.
-Optimize financial processes and systems to drive efficiency
and accuracy
-Handle performance evaluation reviews to
finance and accounting employees in the organization and provide effective
leadership, coaching, and direction.
Other Responsibilities (20%):
-Work closely with the
Development Department and TFL US, including assistance and support of the
draft of project budgets, monitoring, compliance and reporting.
-Provide relevant
assistance in TFA's special projects initiatives.
Knowledge, Skills and Experience
-Master's degree in economics or finance.
-CPA or equivalent certificates are preferred.
-At least 8-10
years of professional leadership experience and deep knowledge in financial
planning, management, forecasting and accounting management and in developing a
finance team.
-Special consideration will be given to
individuals with a financial background in nonprofit management, e.g.,
reporting for grants.
-Proficiency in English and Arabic.
-Strong Knowledge of Microsoft offices.
-Professional knowledge in accounting software
Wizard (or any other software).
-Excellent
communication and presentation skills, with the ability to effectively
communicate financial information to non-financial stakeholders.
Competencies
Financial Management & vision: Strong background in all aspects of
financial governance, including planning, projection, reporting, and
accounting.
Risk Management and Compliance: Safeguarding Teach For Lebanon’s
financial security while ensuring adherence to financial regulations
Advisory and
Consultancy: Ability to work across teams to ensure risk management and
compliance is in place.
Data and
Technology: Data-driven mindset with a strong command for technological
platforms in order to maximize resources and to identify strategic
opportunities for financial efficiencies
Project
Management: Oversee financials of various projects, processes, and systems
that will require strong project management skills.
Working
Conditions
Location: The chosen candidate will be based in our Ashrafieh Office.
Package: Competitive salary based on experience with NSSF and Medical-Life Insurance benefits.
Other: Willingness to work some weekends and evenings.