Senior Finance and Compliance Officer at IMPACT Initiatives

• The position is initially recruited for the Third-Party Monitoring (TPM) Project covering FCDOs Humanitarian and Resilience Programme (HARP). For this programme, IMPACT has entered into a consortium with FACT Foundation. While in Nigeria, the staff shall be seconded to and hosted by FACT for their mission. The programmatic portfolio in Nigeria is expected to grow in 2026 beyond the FCDO TPM Project, meaning a closer finance and compliance oversight will likely be needed. In addition, there are further finance and compliance responsibilities at a regional level that the position will need to support with. This will involve close collaboration with IMPACT’s Regional Finance Manager for the West African Region and occasional travel to Dakar, Senegal.
• Under the management of IMPACT’s Country Coordinator, the Senior Finance and Compliance Officer will therefore be responsible for ensuring sound financial management, transparency, and compliance with internal policies and donor requirements. This role involves financial reporting, internal audits, risk mitigation, and ensuring adherence to donor and organizational policies. The senior officer will support budget preparation, financial monitoring, and compliance oversight, ensuring that financial and operational risks are effectively managed.

RESPONSIBILITIES

• The Senior Finance and Compliance Officer’s responsibilities will include:

FINANCIAL MANAGEMENT AND REPORTING

• Work closely with FACT’s finance team to ensure proper financial documentation, budget monitoring, and compliance with donor requirements.
• Prepare and review program budgets, financial reports, and forecasts in accordance with donor and organizational guidelines.
• Support FACT in properly managing and documenting all in-country expenses, ensuring full transparency and accountability.
• Maintain accurate financial records and ensure timely submission of reports.
• Oversee financial planning, including budget phasing and expenditure tracking.
• Support the preparation and review of grant agreements and donor compliance requirements.
• Ensure efficient cash flow management and monitor expenditures against budgets.
• Review and approve FACT’s financial documents to ensure they align with organizational policies and donor agreements.
• Support the Regional Finance Manager in any other jointly identified financial tasks.

FINANCIAL MONITORING AND AUDIT

• Conduct internal financial audits to assess compliance with policies and donor regulations.
• Support FACT during external audits and donor compliance reviews, ensuring financial accuracy.
• Support the coordination of external audits and due diligence reviews.
• Review financial transactions and documentation to ensure accuracy and transparency.
• Identify financial risks and propose mitigation measures.
• Conduct financial assessments and audits of FACT’s financial records, ensuring compliance with donor regulations.

COMPLIANCE & TRANSPARENCY

• Ensure FACT’s adherence to donor financial compliance requirements and internal policies.
• Implement and oversee the organization’s internal control framework.
• Monitor and respond to compliance issues, including fraud prevention and risk management.
• Conduct financial training and capacity building for program and finance staff.
• Conduct due diligence and vetting of national partners and service providers, ensuring financial and operational compliance.
• Conduct training and capacity-building sessions for FACT’s finance and program teams on donor compliance and reporting standards.

RISK MANAGEMENT AND INTERNAL CONTROL

• Oversee the implementation of financial and operational risk mitigation strategies.
• Support due diligence and vetting processes for third-party partners.
• Ensure proper documentation and filing of financial and compliance-related records.
• Manage internal investigations related to financial irregularities and fraud.
• Establish and monitor financial control systems to detect and prevent irregularities.
• Work closely with program teams to identify financial risks in project implementation and suggest mitigation strategies.

REQUIREMENTS

• Excellent academic qualifications, including a Bachelor’s or Master’s degree in Finance, Accounting, or related field.
• Minimum of 3-4 years’ experience in financial management, compliance, or auditing within an international NGO or similar organization.
• Fluent in English and strong preference for working knowledge of French
• Strong knowledge of financial reporting, donor compliance (FCDO, ECHO preferred), and accounting principles.
• Experience in preparing budgets, cash flow statements and financial plans. Experience in preparing financial reports.
• Experience with conducting internal audits and/or supporting external audits
• Experience with financial software (e.g., SAGE, SAGA) and advanced proficiency in Microsoft Excel Excellent analytical, problem-solving, and organizational skills.
• Strong communication and interpersonal skills with the ability to work independently and in a team.
• Ability to travel within Nigeria, West Africa, and internationally as needed.