Vacancy title:
Finance Officer
Jobs at:
Action Africa HelpDeadline of this Job:
Thursday, June 15 2023
Summary
Date Posted: Saturday, June 10 2023, Base Salary: Not Disclosed
JOB DETAILS:
Key Duties and Responsibilities:
• Ensure accurate and up to date financial systems are implemented in the project.
• Assist the Project Managers to prepare budgets based on planned project activities using the approved finance guidelines or given donor regulations.
• Establish controls using fund codes in line with finance policies and procedures established by AAHI and donors.
• Prepare any budget realignments/adjustments in collaboration with the RFC.
• Monitor project expenditures and flag any issue of concern to the RFC and Project Coordinators and engage them to address these issues.
• Use the approved guidelines to assist the Project Coordinators to prepare and monitor budgets.
• Prepare monthly finance reports for the projects under implementation.
• Collate donor financial reports and submit to the Project Coordinators in advance to allow adequate time to discuss, edit and make necessary modifications before final approval and submission.
• Analyse and advise the Project Coordinators on project cash flow management.
• Prepare “ad hoc” management and financial information and reports required internally.
• Track in detail all commitments, purchases and outstanding items and prepare status reports.
• Analyse the financial situation of the projects in and advise the Project Coordinators accordingly.
• Record on a timely basis all financial transactions and monitor them to ensure that they are accurate, complete and reliable as entered in the ledger.
• Responsible for all bank reconciliations.
• Lead project audits with support from the RFC.
• Ensure compliance to all statutory requirements.
• Facilitate processing of advances and liquidation of project costs.
• Work with the Project Coordinators to consolidate monthly cash projections of the project.
• Work within the fiscal year definitions of AAH-I and donors.
• Coordinate and manage the Nachu plaza office space management costs.
• Liaise with the RFC to oversee management of fixed assets and insurance coverage.
Expected Outcomes
• Accounting systems are maintained and up to date.
• Compliance to all organizational and legal requirements.
• Bank and Cash statements reconciled and up to date.
• Project audits supported and gaps closed (audit recommendations implemented).
• Financial reports from the field are prepared on time and submitted to the Project Coordinators and RFC.
• Cash flow is monitored and maintained at acceptable levels.
• Finance systems are accurate and maintained as per laid down financial procedures.
Qualifications, Skills and Experience
• Professional accounting qualifications of CPA/ACCA.
• Degree in Commerce or Business Administration, or or related filed. Training in Supply chain or procurement will be an added advantage.
• Three years’ experience in a financial / management accounting role with an INGO.
• Good track record of providing strong financial support and accurate information.
• Understanding of computer applications in respect to accounting, budgeting and cash control. As a minimum, this would include an understanding of an ERP systems, MS Office & any financial software.
Additional Skills & Competences
• A good understanding of managing accounts and information needed to support forecasting and budgeting
• High degree of integrity and analytical skills with excellent interpersonal skills
• Familiarity with QuickBooks/Dynamics/Sage for financial and management accounting as well as payroll and statutory deductions.
• Ability to work independently, but as part of a small team, on different projects.
• Computer literate in MS Office, with a particular focus on Excel, and Email.
• Good planning and organizational skills and efficient work methods.
• Good skills in conflict resolution/problem solving, teamwork, crisis management
• Able to respond to deadlines.
• Well-organized in work and filing systems
Work Hours: 8
Experience in Months: 36
Level of Education: Bachelor Degree
Job application procedure
• Interested candidates should email application letter and CV (with 3 referees) addressed to recruithq@actionafricahelp.org to be received by 15th June, 2023. The email Subject Line must show the job title of the position applied for. AAH-I is an equal-opportunity employer
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