Accountant at Chemonics International

Estimated Start Date: Expected to be on/around mid-November, 2022
Supervisor and Reporting: FHM Engage Nigeria Operations and Finance Director.

Background

• Chemonics International is starting up the USAID-funded Frontier Health Markets Engage project in Nigeria. As USAID's flagship private sector health project, FHM Engage envisions a world in which health markets are responsive, equitable, resilient, and driven by consumer needs.
• To meet this vision, FHM Engage- led by Chemonics and its core partners, co-technical lead Results for Development, Pathfinder, and Zenysis catalyzes the adoption of fresh, contextually-relevant pathways in health market development by building on existing structures and offering strong behavioral, technical, and managerial approaches.
• While supporting local market actors to build upon current government and donor investments, we also use systems thinking to understand the market system, identify root causes of market under performance, and develop context-specific and locally informed strategies and solutions to systematically change market environments and health markets.
• FHM Engage works in 7 intermediate result areas, namely: Stewardship, Health financing, Rules & Regulations, Market Intelligence, Supply (Services), Supply (Products), and Demand. The initial geographic focus is Federal Capital Territory (FCT) and Ebonyi. It is anticipated that additional states will be programmed in following years.

Principal Duties and Responsibilities

• The Accountant will support the Operations and Finance Director in all aspects of the project accounting and financial management.
• S/he oversees the processing of accounting transactions according to the general principles of accounting and adhere to home office field accounting manual procedures.
• The account must also follow USAID and Chemonics policies, procedures, and regulations.

Responsibilities include:

• Review payments prepared by Bookkeepers to ensure that all supporting documentation and approvals are accurate
• Review copies of all receipts for all expenses submissions to the Project and improve overall capacity in grantee financial management
• Facilitate provision of information and documentation during audits
• Review expense reports
• Provide a first review of all accounting transactions entered into the accounting software by the Bookkeepers.
• Review procurement transactions prepared by Bookkeepers to ensure that all supporting documentation and approvals are accurate
• Oversee bank reconciliation process as a second reviewer
• Ensure the maintenance of proper accounting documentation
• Oversee processing of payroll each month and prepare salary receipt/payroll forms, as well as the Provident Fund withholdings and employer contributions
• Liaise with income tax authority and remit employee withholdings on a monthly basis Serve as the primary point of contact with the home office Field Accounting & Compliance Team (FACT) representative
• Review and approve all the work prepared by the bookkeepers
• Review all coding sheets before they are sent to the Finance Manager & COP for approval
• Examine monthly wire transfer requests through a thorough analysis of projected project expenditures
• Support the Operation and Finance Director in subcontractor management by reviewing and monitoring monthly subcontractor invoices
• Evaluate VAT reports to ensure accuracy and compliance
• Ensure all transactions are in compliance with USAID rules and regulations.
• Support the Operation and Finance Director as a liaison to other administrative and technical components to manage project financial budgeting and expenditure progress
• Conduct pre-award surveys to verify financial capability of NGO prior to award
• Lead trainings for grantees on an individual and group basis on the financial requirements and any financial management issues with the goal of improving the quality of the financial
• Perform other duties as assigned by the Finance Manager to achieve the Project's goals and objectives

Job Qualifications

• A Bachelor's Degree in Accounting, Business, Commerce, or a related discipline. Strong knowledge and understanding of USAID regulations
• A minimum of 5 years' experience in accounting
• Knowledge of Nigeria operating environment, including registration, taxes, and labor law.
• Proven track record of managing complex budgets successfully.
• Computer literacy in word processing, spreadsheets and preparation of graphs, tables, charts with Microsoft Office (including Word, Excel, and PowerPoint) and QuickBooks is necessary
• Proficiency in English required
• Must be authorized to work in Nigeria.