Finance Officer-Readvertised at Borno Women Development Initiative (BOWDI)

Summary of Key Functions:

Under the direct supervision of the Finance Coordinator the incumbent shall carry out the duties given below to achieve the mission:

• Prepare and maintain accurate financial records, reports, and budgets.
• Process invoices in support of payments as may be required. 
• Review/record accounts payable and accounts receivable in line with organizational policies, and standards. 
• Ensure that the financial system is always up to date with financial data. 
• Manage petty cash
• Perform any other accounting duty that may arise from time to time.
• Ensure that all banking transactions are done on time with very minimum risk and in line with organizational policies.
• In collaboration with other finance staff, support the HoF to reconcile bank statements.
• Work with Operations and Business Development teams to prepare all budgets that may be required.
• Support the HoF to routinely review and recommend the revision of policies and support in implementing same within the organization.
• Support the preparation of month end/quarterly financial reports.
• Support both the conduct and management of internal and external audit processes.
• Provide support to the HoF to implement all audit recommendations.
• Update financial spreadsheets with daily transactions.
• Prepare balance sheets; Track and reconcile bank statements.
• Create cost analysis reports.
• Process tax payment; Support monthly payroll and keep organized records.
• Record accounts payable and accounts receivable.
• Process invoices and follow up with clients, suppliers and partners as needed.
• Provide administrative support during budget preparation etc. 

Financial Reporting:

• Prepare and revise finance and operations guidelines in order that they adhere to donor requirements.
• Prepare quarterly reports, consolidated annual fiscal report, cumulative life of project report, and any other required donor submissions.
• Manage the reporting component of the award including reconciling timesheets with financial reports; oversee administrative duties as needed.

Impact of Results

Establishing reliable and accurate accounting/financial procedures will enable efficient planning and use of resources contributing towards effective implementation of project activities.

Qualifications & Preferred Skills

Essential

•  A degree in Finance, Accounting or Economics with at least three years of post-qualification experience.
• A professional qualification such as CNA, ACCA, and ICMA is an added advantage.
• A solid knowledge of financial and accounting procedures
• Experience in using financial software like QuickBooks, etc.
• Advanced MS Excel skills Knowledge of financial and tax regulations
• Excellent analytical and numerical skills
• Strong ethics, with an ability to manage confidential data.

To be successful in this role you must have: Experience in the management of a team and excellent analysis and reporting skills; with high regard toward preserving the confidentiality of work-related information and data.