Finance Officer

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Finance Officer

  • Post Date:January 18, 2022
  • Views 348
0 Applications
  • Career Level Officer
    Qualification Degree
    Experience 1-3 Years
Job Description

Job purpose

The Finance Officer’s main responsibilities are to prepare financial documents and reports as well as recommending financial action by analyzing accounting options.

Job scope

  • To have an understanding of finance practices and concepts to predict future revenues and expenses;
  • To prepare financial documents and reports, income statements, accounts and balance sheets;
  • To excel in all areas of financial management, assist in setting targets and meeting deadlines;
  • To develop and monitor financial control systems and accounting policies;
  • To maintain and strengthen internal controls thereby curtailing any losses to the Organisation;
  • To ensure health financial status of the Organisation and suggest resource utilisation, and budgets forecasts;
  • To guide accounting clerical staff / subordinates by coordinating their activities;
  • To advise Director and Employees on changes to statutory and monetary policies that affect the Organisation;
  • To fully support and activate financial month-end and year-end close processes;
  • To ensure budgetary targets are achieved under constant review.

Accountability

  • The Finance Officer is line-managed by the National Director with oversight from the Treasurer;
  • Day-to-day task management and support on prioritisation of work will come from the National Director and the SOZ Board.

Key responsibilities

  • To perform daily, monthly, quarterly and annual financial activities including cash control, banking and reconciliation of bank accounts;
  • To ensure that all accurate records are kept and tax returns are submitted on time;
  • To perform constant overviews of the financial operations for the efficient running of the Organisation’s business;
  • To coordinate annual and periodic audits with constant review of financial reports;
  • To analyse and report on financial status of the Organisation including income statement variances;
  • To prepare and analyse budgets and communicate financial results to management;
  • To set up and maintain accounting controls by preparing and recommending policies and procedures;
  • To scrutinize and prepare all payments for authorization by the Director by verifying documents before any disbursements are made;
  • To direct internal and external audits to ensure compliance and produce reports / manual highlighting minimum standards;
  • To compile and comply with all Corporate Tax and other statutory requirements;
  • To provide leadership and effective communication to management , subordinate employees and other Stakeholders;
  • To be a strong Team player and demonstrate above average leadership skills;
  • To have the ability to work with little or no supervision in their area of employment;
  • To hold frequent operational meetings with SOZ team as required;
  • To prepare regular Management and Ad Hoc reports as required;
  • The incumbent may be required to perform other duties as directed by the National Director from time to time;
  • This list of duties and responsibilities is by no means exhaustive and the post holder may be required to undertake other relevant and appropriate duties as required.
  • This job description is subject to regular review and appropriate modification.

Key Competencies

Essential

  • Understanding the Organisation:  Good understanding; of all financial concepts pertaining to the vision, mission and values of the Organisation;
  • Managing ourselves; able to work proactively on own initiative and supportively within a team;
  • Working with others, supports a culture of mutual respect and able to work comfortably with partners;
  • Experience of supporting and building the capacity of partners and other staff;
  • Communicating;
  • Strong written and oral communication, critical thinking, organisational and problem solving skills;
  • Outward looking;
  • Building cooperative and professional relationships with all business partners;
  • Managing resources: Ability to prepare and monitor financial reports and recommend to management best utilisation of Organisation assets;
  • Making change happen. Managing performance;
  • Developing, implementing and monitoring set systems, and evaluating and monitoring of the Organisation’s financial status;
  • Taking the lead. Being a self-starter and be able to exhibit leadership skills;
  • Flexibility and ability and willingness to travel within the country.

Qualifications and experience

  • Professional qualifications such as ACCA, CIS, CIMA, or Degree in Accounting / Finance with at least 2 year experience in NGO work.
  • Excellent computer skills are required with an understanding of business software packages.

To apply

Email to [email protected]

Deadline: 24 January 2022