Finance Officer at Tony Elumelu Foundation

Job ID: 384
Department/Function: Finance
Job Level: Experienced (Non-Manager)
Job Type: Full Time

Job Description

• The Finance Officer shall be responsible for all the finance and accounting activities of the Foundation, preparation of various management reports and financial statements, budgeting, and grant management.

Responsibilitie(s)

• Manage all finance and accounting operations including account receivables, account payables, accruals, and general ledgers.
• Ensure timely preparation of monthly management accounts.
• Oversees all accounts, ledgers and reporting systems, ensuring compliance with appropriate standards and regulatory requirements.
• Assist with the preparation of annual budget.
• Ensure compliance with regulatory and legal filings.
• Ensure compliance with internal control procedures in day-to-day transaction processing.
• Ensure that all financial transactions are processed accurately, in a timely manner and in accordance with generally accepted accounting principles.
• Ensure prompt preparation of financial statements for the company.
• Liaise with external auditors to ensure an efficient and effective audit process.
• Ensure effective cash flow and liquidity management.
• Preparation of monthly bank reconciliation statements.
• Manage banking relationships.
• Assist with budget preparation for funding proposals to partners.
• Timely disbursement of funds to the entrepreneurs.
• Ensure the funds received are disbursed in accordance with the agreed terms.
• Provide timely reports on the use of funds in line with the rules and regulations of the partners.

Qualification / Experience Requirement(s)

• Bachelor's Degree or equivalent in any field.
• Professional qualification such as ICAN or ACCA is an advantage.
• A Master’s degree in finance will be an added advantage.
• Work experience in a not-for-profit organisation is an added advantage.
• Minimum of 4-6 years experience in a finance-related role.
• Good numerical skills.
• Ability to work under pressure and meet stipulated deadlines.
• Good knowledge of Microsoft Office Suite i.e., Microsoft Outlook, Word, Excel, PowerPoint.
• Great verbal and oral communication skills
• Great interpersonal skills.
• Great team player.