Finance Officer at HIFASS

Locations: Abuja/Calabar
Work Hours: full-time 40 hours/week

Basic Function

• The role of the Finance Officer is to assist the Managing Director in providing complete financial services as dictated by HIFASS Broad program operating contractual obligations, donor requirement and Nigerian regulations.
• S/He will administer and maintain comprehensive reporting and budgeting systems. Provide HIFASS management and other partnering organizations with timely financial information to enable all levels to make timely operational decisions.
• These services may include, but are not limited to, appropriated dollar funds available for administration and technical program purposes, budget preparations, financial reporting & control, forecasting and analysis, income management, financial reporting to partners, annual accounts preparation, payroll management, staff salary evaluation & development.
• This also includes covering a variety of payment activities with respect to: employees' salaries, allowances and deductions, sub grants and other funds as required.

Essential Job Functions, Duties and Responsibilities

• Manage HIFASS-LOPIN 3 Main Accounts;
• Work with HR Manager to process staff payroll, remit taxes and make other statutory/government contributions;
• Monitor lodgement of HIFASS-LOPIN 3 advance from USAID and post same into Quickbooks;
• Provide support to prepare annual and quarterly work plans and budgets in consultation with the programme manager;
• Liaise the day to day banking transactions including cash deposit and withdrawals;
• Maintain accurate and complete records of all accounting files, track and follow -up on advances and ensure timely reconciliations;
• Maintain adequate filing storage and retrieval systems
• Post various transactions into Quickbooks and perform monthly Bank Reconciliation;
• Develop and maintain a compensation structure and benefit policy which support the organization’s goals and financial strategy;
• Perform month-end closing and year-end duties such as annual filings, donor monthly/quarterly/annual reports, inventory lists, etc;
• Provide support to staff as regards finance issues and assisting internal/external auditors with queries.
• Check all expense supporting documentation to ensure compliance with organisation policies and related law, prior to obtaining approvals and payment processing
• Assist to manage annual audit exercise and periodic Financial Reviews;
• Ensure compliance to all the provisions of guidelines regarding financial management and sub contract;
• Perform any other duties as assigned.

Job Specification

• Minimum Education/Training Requirement: Degree or Higher degree in Accountancy or related discipline. Experience in administrative support, posting financial data to ledgers, preparing invoices, billings and/or vouchers, reviewing and maintaining account balances.
• Must be an Associate Member of ICAN or ACCA or other relevant Professional qualifications.
• Prior Work Experience: Minimum of 3- 5 years post NYSC, previous experience working with NGOs and International Donor-Funded program will also be added advantage.

Knowledge, Skills and Abilities:

• Strong Numeracy Skills
• Excellent Reporting Skills;
• Ability to use Spreadsheet and Data Base Softwares and Knowledge of financial and accounting software applications (preferably QuickBooks);
• Strong Budgeting and Financial Analysis Skill;
• Knowledge of OMB Circulars;
• Knowledge of Auditing principles and practices;
• Attention to detailed and ability to meet deadlines;
• Maintain high level of Confidentiality.