Job Vacancy: Finance Manager

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Job Vacancy: Job title: Finance Manager

Job description: Job Title: Finance Manager

Reports to: Country Director

Duty Station: Maiduguri, Borno (including frequent field visits)

Contract Term: 1-year fixed term with possibility of extension

Working Hours: Monday to Thursday 8:30am – 5:15pm, Friday 8:30am – 1:30pm

Salary: NGN 900,000 – 1,000,000 gross monthly

Background:

Street Child believes that every child deserves the chance to go to school and learn. Our projects focus on a combination of education, child protection and livelihood support to address the social, economic and structural issues that underpin today’s education crisis. We partner with local organisations and communities to deliver our locally rooted programmes, using evidence to drive learning and the refinement and scale up of programmes to create maximum impact for the most children at the lowest cost. We pride ourselves on being willing to go to the world’s toughest places where others won’t, including remote, hard-to-reach areas and fragile, disaster-affected states across sub-Saharan Africa and South Asia. Since 2008 we have helped over 250,000 children to go to school and learn, and supported over 25,000 families to set up businesses so they can afford the cost of educating their children.

Street Child Nigeria:

Street Child started in Nigeria in early 2017 and implemented major humanitarian programmes in the North East to respond to the protection and education needs of children affected by the crisis. We have been supporting over 40,000 children to access quality and safe education, formal and non-formal, by providing spaces and building the capacity of teachers and communities. We work with families and the government to overcome the barriers that undermine the development and wellbeing of children, ensuring parents and caregivers have financial resources and livelihoods to sustain their education, health and other needs, and providing child protection services. Street Child in Nigeria has ambitions to expand beyond the North East and is a reliable partner for UNICEF, UNOCHA, GIZ and other institutional donors and a member of the national Education in Emergencies, Child Protection and Early recovery and Livelihood sectors.

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Key Responsibilities:

1) Oversee the management of the accounts

• Ensure account data is reliable and the accounts are kept in compliance with legal obligations, norms and internal procedures
• Ensure Quality of accounting deliverables; compliance with deadlines for sending accounts to management; quality of period-end closing operations; compliance with the organisation’s internal frameworks
• Oversee the application of accounting procedures by the programme team
• Ensure the programme’s accounts are in good order and comply with deadlines, SC procedures and mandatory local regulations applying to SC
• Ensure national accounts are set up in compliance with local regulations (if necessary)
• Validate the monthly accounts in compliance with SC norms and mandatory local regulations applying to SC (if necessary)
• Ensure accounting checks are carried out (validity of documents, quality of the accounting work, accounting, and funding allocations, etc.) and internal regulations and procedures are correctly applied
• Oversee the roll out of monthly, semi-annually and annually closing reconciliations

2) Ensuring the programme’s cash flow management and making bank payments

• To ensure the availability of funds for implementing planned activities, and Benchmarks: Quality of management and control of cash flow; quality of money-flow security procedures; compliance with organisational frameworks defined by SC
• Ensure information about and the application of cash-flow procedures by the programme team
• Conduct regular checks on compliance with the organisation’s procedures and regulations
• Archive cash-flow documents
• Adapt and manage the cash-flow in compliance with internal procedures and the legal framework
• Assist with the definition of the technical aspects of transporting funds and the regulations pertaining to money storage
• Ensure physical checks of office safes and cash boxes are conducted and check that control measures are followed
• Adapt and ensure the implementation of expenditure commitment procedure, train the programme team on how to use it
• Supervise the drawing up of cash-flow forecasts and check for optimal money flow management

3) Providing budget and financial management and the management of the programme’s funding

• Objective: To ensure the smooth-running of the programme with respect to its financial obligations
• Benchmarks: Compliance with the organisational procedures defined by the SC; quality of budget monitoring; quality of the budgets drawn up; quality of financial reports for donors; anticipation of financial problems Activities:
• Provide BVAs every month by the 10th of M+1 of all contracts
• Plan and lead the BVA analysis meetings every month before the 15th
• Ensure coherency between the programme budget and the donors’ budgets
• Conduct the monthly, bi-annual and annual accounts closing operations · Raise programme teams’ awareness of contractual budget and financial obligations
• Analyse donor guidelines and inform the teams about these procedures and their application
• Train programme teams in internal budget and financial management procedures so as to ensure a realistic budget, accurate expenditure codification and robust budgetary steering
• Draw up and monitor cost allocation tables for office and staff costs
• Check the budgetary monitoring of the funding schedule · Substantiate the financial accounts with regard to local legislation · Monitor and organise internal and external audits, assume the role of the auditor’s primary contact in liaison with head office

4) Managing the financial aspects of all partners and subcontractors

• To ensure all partners and subcontractors comply with the contractual terms and provide quality reports and supporting documents.
• Benchmarks: Quality and timely reports and support documents in compliance with the organisational procedures
• Objective: To ensure smooth relationship between partners and subcontractors with SC and capacity building of partners to achieve quality reports and supporting documents.
• Review Partners Agreements and budgets
• Validate the financial aspects of partnership agreements
• Conduct refresher trainings and capacity building sections to all partners
• Update partners database regularly
• Review and ensure accurate capturing of partner’s justification into QuickBooks/Aqilla by Finance Officer Ensure smooth partnership closure and reconciliation of partner accounts.

5) Managing the programme’s finance teams

• Train the finance team
• Manage and lead the finance team, fix objectives and access the staff
• Set up communication and coordination mechanisms for the team
• Manage contractual monitoring (leave, end of trial periods, etc.) of finance team members; if necessary, co-validate disciplinary procedures with Operations Manager
• Oversee finance team’s career development: define training needs and provide guidance on professional development

6) Street Child’s commitment to Safeguarding

Street Child is committed to the safeguarding and protection of the communities we serve, our partners, our volunteers, and our staff. As part of this commitment to safeguarding, all offers of employment will be subject to satisfactory references and appropriate background checks. Street Child also participates in the Inter Agency Misconduct Disclosure Scheme. In line with this Scheme, we will request information from job applicants’ previous employers about any findings of sexual exploitation, sexual abuse and/or sexual harassment during employment, or incidents under investigation when the applicant left employment.

Qualifications and Experience:

• Qualified Accountant in a globally recognised professional accountancy body (ACA or ACCA).
• Audit/accounting firms experience will be a plus.
• Significant experience with at least 2 years in a financial management managerial position
• Highly familiar with management of sub-contracts and sub-grants with partners
• Past exposure and experience working on multiple projects
• Working knowledge of rules and regulations of donors and their application

Application Instructions:

Street Child welcomes applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation, or age. However, we also strongly encourage female candidates and candidates whose state of origin is Borno to apply.

Location: Maiduguri, Borno State

Job date: Sat, 15 Jul 2023 22:32:14 GMT

Apply for the job now!