Finance Advisor (Volunteer) at Sim Impacting Lives Foundation

Job Description:

We are seeking a dedicated and passionate individual to join our team as a Finance Advisor (Volunteer). The Finance Advisor will play a crucial role in supporting our financial management and reporting processes to ensure transparency, efficiency, and compliance with regulatory requirements. This volunteer position offers an excellent opportunity for someone with a background in finance or accounting to contribute their skills and make a meaningful impact.

Responsibilities:

Financial Management:

• Assist in maintaining accurate financial records and documentation.
• Monitor budget allocations and expenditures to ensure alignment with organizational goals and objectives.
• Conduct regular reconciliations of financial accounts and transactions.
• Prepare financial reports, statements, and analyses as required.

Budgeting and Forecasting:

• Support the development of annual budgets in collaboration with the Finance Team and Program Managers.
• Assist in forecasting financial needs and resources for upcoming projects and initiatives.
• Monitor budget variances and provide recommendations for corrective actions.

Compliance and Governance:

• Ensure compliance with relevant financial regulations, policies, and procedures.
• Assist in conducting internal audits and implementing recommendations for improvement.
• Support the preparation of financial documentation for audits and grant reporting.

Grant Management:

• Assist in tracking and reporting on grant funds, including budget utilization and expenditure tracking.
• Prepare financial reports and documentation for grant applications and reporting requirements.

Financial Systems and Processes:

• Contribute to the improvement of financial systems, processes, and controls to enhance efficiency and effectiveness.
• Provide training and support to staff and volunteers on financial procedures and best practices.

Qualifications:

• Bachelor’s degree in finance, Accounting, or related field.
• Previous 1-5 years of experience in finance, accounting, or a related field is preferred but not required.
• Strong analytical skills and attention to detail.
• Proficiency in Microsoft Excel and financial management software.
• Excellent communication and interpersonal skills.
• Ability to work independently and collaboratively in a dynamic team environment.
• Commitment to the mission and values of Sim Impacting Lives Foundation.

Benefits:

• Opportunity to gain hands-on experience in financial management within the non-profit sector.
• Networking opportunities with professionals in the social impact and philanthropy fields.
• Personal and professional development through training and mentorship.
• Satisfaction of making a meaningful difference in the lives of individuals and communities.

Note: This is a volunteer position with no financial compensation. However, the selected candidate will have the opportunity to make a meaningful impact and gain valuable experience in grant writing and nonprofit management. We welcome individuals who are passionate about securing funding for social impact initiatives and are committed to making a difference in the world.