Job Vacancy: Finance Officer

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Job Vacancy: Job title: Finance Officer

Job description: Deloitte Nigeria is seeking a detail-oriented and proactive Finance Officer to join the Finance team of one of our clients in the NGO Industry. As a Finance Officer, you will be responsible for managing the financial transactions of the company and ensuring accuracy and compliance.

Responsibilities

● Administer the accounts payable and accounts receivable process.

● Correspond with vendors and respond to inquiries to resolve billing discrepancies

● Process, post and review deposits, Bank transactions, transfers and credit card transactions

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● Review financial transactions and accounting of grant disbursements to ensure compliance with accounting and procurement standards of Funders

● Develop and maintain time reporting system to allocate payroll expenses to various funding sources and programs

● Perform account reconciliations including bank reconciliations and balance sheet accounts and resolve discrepancies between bank and company records.

● Conduct month‐end balancing of various accounts and prepare journal entries and account adjustments to correct deficiencies

● Prepare standard and custom reports and conduct various detailed financial analysis on a quarterly and annual basis for the Program Manager, the Board of Trustees and funders.

● Assist with implementing and maintaining internal financial controls and financial procedures

● Assist with the annual audit process and provide outside auditors with documentation and analyses in response to requests for financial information

● Prepare and submit grant funding reimbursement requests to funders providing proper documentation to ensure prompt payment

● Analyse financial information to recommend or develop efficient use of resources and procedures, provide strategic recommendations and maintain solutions to financial problems.

● Monitor and approve all budgeted project expenditure.

● Monitor cash flow projections and report actual cash flow and variance to the Executive Director on a regular basis (monthly/bimonthly)

● Provide regular narrative and financial management reports.

● Manage all project funds according to established accounting policies and procedures

● Ensure that all financial records for the project are up to date

● Prepare financial reports and supporting documentation for funders as outlined in funding agreements.

● Managing the programme’s budget on behalf of the company, monitoring expenditure and costs against delivered and realized benefits as the programme progresses.

● Ensure all financial transactions are accurately approved and timely booked according to the Financial Management policies and procedures for sub project implementation.

Requirements

  • Bachelor’s degree in finance, accounting, or a related field
  • Experience in managing NGO or other related projects.
  • Must be ICAN/ ACCA certified.
  • Minimum of 2-4 years of experience in a financial or accounting role
  • Strong knowledge of financial principles and practices
  • Proficiency in financial management software and MS Excel
  • Excellent attention to detail and accuracy
  • Strong analytical and problem-solving skills
  • Comfortable working with teams
  • Good communication and interpersonal skills
  • High level of integrity and ethical conduct

Location: Abuja, FCT

Job date: Tue, 16 Jan 2024 23:50:16 GMT

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