Finance Officer at GOALPrime Organization Nigeria (GPON)

Job Summary:

• The Finance Officer is responsible for managing the financial operations of GOALPrime Organization, ensuring accurate financial reporting, compliance with donor regulations, and efficient use of resources. The role involves budget management, financial planning, and providing support to program and operational teams.

Key Responsibilities:

Financial Management:

• Oversee day-to-day financial operations, including accounts payable, accounts receivable, payroll, and cash management.
• Ensure timely and accurate processing of financial transactions and maintain financial records in accordance with organizational policies and procedures.
• Reconcile bank statements and monitor cash flow to ensure adequate funds are available for operations.

Budgeting and Reporting:

• Assist in the preparation of annual budgets, financial forecasts, and budget revisions.
• Monitor budget expenditures and provide regular financial reports to program managers and senior management.
• Prepare monthly, quarterly, and annual financial reports for internal and external stakeholders, including donors and regulatory authorities.

Compliance and Auditing:

• Ensure compliance with donor regulations, organizational policies, and local laws and regulations.
• Prepare for and coordinate external and internal audits, ensuring timely and accurate provision of required documentation.
• Implement audit recommendations and ensure corrective actions are taken to address any identified issues

Financial Planning and Analysis:

• Conduct financial analysis to support decision-making and strategic planning.
• Identify and mitigate financial risks, and recommend cost-saving measures.
• Provide financial advice and support to program and operational teams to ensure effective budget management and resource allocation.

Capacity Building and Support:

• Provide training and support to staff on financial policies, procedures, and systems.
• Develop and maintain effective working relationships with program and operational teams to ensure collaboration and alignment on financial matters.
• Stay updated on financial best practices and regulatory changes to ensure continuous improvement of financial management processes.

Documentation and Record Keeping:

• Maintain organized and accurate financial records, including invoices, receipts, contracts, and other relevant documentation.
• Ensure timely and accurate data entry into financial systems and databases.
• Develop and implement effective record-keeping and filing systems to ensure easy retrieval of financial information.

Qualifications and Experience:

• Bachelor’s degree in finance, Accounting, Business Administration, or a related field.
• A professional accounting qualification (e.g., ACCA, CPA) is an advantage.
• At least 3 years of experience in financial management, preferably in a non-profit or humanitarian context.
• Strong knowledge of accounting principles, financial reporting, and budgeting.
• Proficiency in financial management software and Microsoft Office applications.
• Excellent communication, interpersonal, and organizational skills.
• Ability to work effectively in a fast-paced and dynamic environment.

Key Competencies:

• Attention to detail and accuracy in financial record-keeping and reporting.
• Strong analytical and problem-solving skills.
• Integrity and ethical conduct in financial management.
• Ability to manage multiple tasks and prioritize effectively.
• Flexibility and adaptability to changing project needs and priorities.