Finance Officer - Nigeria IHP at Palladium Group

Primary Duties And Responsibilities

Budget, Accounting and Financial Management

• Ensure all finances are managed in alignment with the Nigerian government regulations, company and client’s financial policies and procedures.
• Liaise with project team in Field Office and HQ to prepare, review and revise project budgets and expenditure forecasts.
• Forecast project expenditures through field office, timely submit field cash requests and manage cash flows in field office.
• Communicate and follow up with relevant suppliers, consultants, vendors, contractors and staff with regards to invoices, payments, advances or finances.
• Reconcile and review invoices for payments. Ensure necessary review, deliverables, and approvals before issuing payments. Write checks and issue payments.
• Ensure applicable tax withholding and deductions are taken care of as per the Nigerian laws and regulations.
• Maintain up to date bank and petty cash account transaction records and supporting documentations.
• Record all financial transactions in the financial templates provided by HQ, accurately and in a timely fashion.
• Prepare, review and submit regular field vouchers and financial reports to HQ, as required.
• Collect bank statements for the bank accounts, review cash book, and reconcile the accounts.
• Review monthly financial reports and inform/update expenditure forecast/budget on regular basis.
• Prepare financial report as necessary and provide necessary financial support to the project.
• Process for applicable tax exemptions and VAT reimbursements during or after procurements in collaboration with the Nigeria Compliance Manager.
• Assist in end of year financial audit, as required.
• Work closely with the Operations Officer for daily tasks and project management

Grants Management Support

• Review recipients’ finance vouchers
• Process recipients’ invoices and payments

Required Qualifications

• University graduate in Financial Management, Business Administration, Accounting, Economics or other relevant field.
• At least 3-5 years of work experience in broader finance, accounts and operations management with an international organization and
• USG contracts experience preferred (including office management, HR, finance, IT, and logistics);
• Able to communicate effectively and excellent interpersonal skills to form effective working relationships at all levels;
• High level of computer literacy (proficiency in MS Excel would be added advantage)
• Ability to deal appropriately with sensitive issues and maintain a high level of confidentiality at all times;
• Cross-functional team player;
• Results oriented and attention to detail;
• Proven experience in managing expenditures within budget