Finance Manager at Mennonite Economic Development Associates (MEDA)

Job Type: Contract

Job Description

• MEDA seeks qualified Nigerians to support its Youth Entrepreneurship and Women’s Empowerment in Northern Nigeria project (Nigeria WAY) in Bauchi, Bauchi state. Nigeria WAY is a five- year project that will assist economically active women and youth to increase their income particularly those who are involved in agro-processing in the rice, soybean, and groundnut value chains. In addition, the project will work with communities and families to improve the environment where girls grow up. The project will run until March 2022.

Position Summary

• The position of Finance Manager is a 1-year contract with option for renewal (for up to a total of 5 years). The expected start-date is as soon as possible.
• The Finance Manager will support the Field Project Manager (FPM) by managing use of project finances consistent with MEDA policy, Global Affairs Canada (GAC) requirements and Nigerian law.
• The Finance Manager will maintain accurate financial records and prepare timely, accurate financial reports contributing vital information to project management decisions.
• The Finance Manager is responsible for overall compliance by project staff and partners to the rules of fiscal management.
• S/he will oversee financial management of each sub-grant, ensuring that regular review of partner records, include adequate documentation to support reasonable and allowable expenses claimed to each project.

Duties

• Manage the use of project finances in compliance with MEDA policy, GAC requirements and Nigerian law.
• Work closely with MEDA head office to ensure that financial recordkeeping is accurate and auditable. Submit accurate and timely monthly, quarterly and annual reports.
• Responsible for ensuring that general accounting functions are completed on a timely basis, including payroll, accounts payable paid within terms and accounts receivable actively managed. Maintain multi-currency accounting systems, general ledgers, sub-ledgers and job costing systems as required. Complete month-end closing and journal entry preparation and bank reconciliations.
• Maintain detailed and accurate records for all financial transactions in an organised and professional manner.
• Facilitate regular internal and external audits of the project and of partners.
• Ensure MEDA’s program adheres to the laws of the Government of Nigeria, including financial reporting, tax, labour and proper registration with all relevant authorities as required.
• Oversee the management of grants to local partners. This includes assessing financial management capacity of each local partner, and providing recommendations for training to ensure that each partner has systems in place that will allow them to manage the project funds granted to them.
• Review all proposed budgets submitted by partners to ensure reasonability and allowability of the proposed use of funds.
• Directly supervise the work of the Accountant, Grants Officer and other positions that may be required for the Finance Department.
• Conduct other duties assigned by the Field Project Manager.

Qualifications

• Master of Arts or Science in Finance, Accounting or Administration
• Minimum of 5 years of experience in finance management of a complex internationally funded project.
• Experience with financial management in compliance with requirements of major donors.
• Experience with multiple sub-grant relationships and financial software
• Advanced degree in relevant field or extensive experience in financial management.
• Fluency in English is required.