Senior Finance Officer - Northern Region at Deloitte

Description

• Ensure that assigned programmes and projects are managed in a financially responsible manner and that significant discrepancies are promptly reported to the Finance and Admin Manager for resolution.
• Undertake occasional financial verification visits to the zones and states to confirm the adequacy of supporting documentation, accuracy of reporting and adherence to the set policies and guidelines.
• Review the concept notes/ proposals provided with payment/ advance requests to ensure they are in line with the approved work plan and budget, and that previous advances have been liquidated, prior to approval of subsequent disbursements.
• For all head office procurement and other activities, ensure compliance with the applicable procedures and that all supporting documentation is in place and checked prior to processing payment.
• Carry out month-end closing activities including reviewing the accuracy and classification of general ledger entries, completing balance sheet reconciliations (including cash/ bank and advances) and calculating the expenditure allocations to programmes and donors, where applicable.
• Assist in preparation of periodic financial reports, including annual financial statements, in line with set guidelines and formats.
• Support the work plan and budget formulation process by providing cost input and other pertinent data including any commitments and, on a day-to-day basis, provide advice to budget holders and other staff on relevant budgetary issues.
• Assist the Finance and Admin Manager on an ongoing basis to update and refine the organizational cash flow forecast based on absorption and any identified reprogramming needs.
• Generate monthly budget variance reports for management including comments to justify any significant variances between budgeted and actual expenditure.
• Prepare the bank reconciliation on a monthly basis and submit reconciliations for final review and approval by the Finance and Admin Manager.
• Maintain the fixed asset register and inventory records in line with related policies and procedures.
• Provide auditors and other reviewers with relevant input/ information and any other required assistance to ensure that the reviews run smoothly.
• Implement audit recommendations and provide regular progress updates to the Finance and Admin Manager.
• Review monthly statutory deduction schedule (PAYE, withholding tax and Pension deductions) to ensure accuracy and timely remittances to the relevant authority.
• Review and collate the taxes incurred for periodic reporting to the donor.
• Review the PMU payroll on a monthly basis according to the payroll schedule ensuring that all the required deductions are made.
• Supervise and provide mentoring to direct reports (Finance Officers).
• Provide compliance training and support to the PMU staff, where required, to ensure compliance with the organisation's requirements.
• Any other tasks assigned by the Finance and Admin Manager that can reasonably be expected of a senior finance officer, but not necessarily specified above.

Requirements

• HND/ BSc in Accountancy/ Finance or related discipline.
• Professional qualification (ACA, CA, CPA/ ACCA) is required.
• Minimum of five years’ financial / grants management experience, with at least 2 years in a supervisory role.
• Demonstrated experience with donor funded grants. Specific experience in the Health sector and with Global Fund grants is an added advantage.
• Proficient in the use of at least one computerised accounting system and Microsoft Excel. Experience with Microsoft Dynamics (Navision) is an asset.
• Knowledge of Nigerian Financial Regulation and Tax Laws

Benefits
Attractive.