Finance Officer(NGO) at Stresert Services Limited

JOB OVERVIEW 

The Finance Officer will be responsible for overseeing financial activities, including budgeting, forecasting, financial reporting,  payroll management, and ensuring compliance with government authorities within the organization. This role ensures  financial integrity, compliance with policies, and supports strategic financial planning to enhance the efficiency and  effectiveness of all operations 

KEY RESPONSIBILITIES 

Financial Management and Reporting:  

• Prepare and maintain accurate financial records and statements.  
• Develop monthly, quarterly, and annual financial reports.  
• Ensure compliance with financial regulations and standards.  
• Assist in the preparation of the annual budget and financial forecasts.

Budgeting and Forecasting:  

• Collaborate with department to develop and monitor budgets.  
• Analyse budget variances and provide recommendations for corrective actions.  
• Conduct financial analysis and projections to support strategic decision-making.  

Accounting and Auditing:  

• Oversee accounts payable and receivable processes.  
• Ensure timely and accurate processing of invoices and payments.  
• Coordinate internal and external audits and implement audit recommendations.

Compliance and Risk Management: 

• Ensure adherence to financial policies and procedures.  
• Monitor financial activities for potential risks and implement mitigation strategies.  
• Maintain and update financial policies and procedures as needed.  
• Ensure compliance with government authorities and regulatory bodies.  
• Prepare and submit required financial documents to government authorities.

Finance Process Development:  

• Build and continuously improve finance processes to ensure efficiency and accuracy.  
• Implement best practices in financial management and control.  
• Develop and maintain standard operating procedures for financial operations.  

Payroll Management: 

• Oversee and process payroll for all employees accurately and on time.  
• Ensure compliance with payroll laws and regulations.  
• Maintain payroll records and prepare payroll reports.  
• Address and resolve payroll-related inquiries and issues. 
• Coordinate with HR to ensure accurate employee data and payroll information.

Support and Training:  

• Provide financial training and support to staff as needed.   
• Assist in the development and implementation of financial systems and tools.  
• Support strategic initiatives and projects with financial expertise and insights.

REQUIRED COMPETENCIES 

Qualifications: 

• Bachelor’s degree in Finance, Accounting, or related field. ICAN or equivalent certification preferred. 
• Minimum of 3-5 years of experience in finance or accounting roles.  
• Strong knowledge of financial regulations, standards, and best practices.  
• Proficiency in financial software and tools (e.g., QuickBooks, Excel, ERP systems).  
• Excellent analytical, problem-solving, and organizational skills.  
• Strong communication and interpersonal skills.  
• Ability to work independently and collaboratively within a team environment.  
• Experience working in the non profit sector 

Other Qualities: 

• High level of empathy and commitment to providing outstanding service.  
• Strategic and creative thinking capabilities.  
• Detail-oriented, organized, and able to adapt to changing technologies and environments.  
• Principled.  
• Committed to making equal opportunities and diversity a reality.  
• Committed and able to motivate others. 
• Good political and cultural sensitivity and judgment.  

GENERAL WORKING CONDITIONS  

• Comfort with remote work.  
• Ability to work and lead in an intense and fast-paced environment.  
• Willingness to travel occasionally.