View Jobs at Development Alternatives Incorporated (DAI) |
Contract |
Abuja |
Posted 1 year ago |
Job Title: Finance Officer
Location: Abuja
Duration: One (1) year
Report to: The Head Finance and Admin
Background
- Africa (HCD+) is a platform funded by Bill and Melinda Gates Foundation (BMGF) and will have the capability to serve as an African voice for advocacy, accountability and transparency on HCD.
- It will seek to accelerate political commitments, decision-making and funding for key priorities towards realising SDGs #1-6 in Sub-Saharan Africa.
- It aims to incubate regional advocacy and technical assistance hub on Human Capital Development towards increasing African Government’s commitment, funding, and accountability to HCD.
- The platform, through increased HCD advocacy, focuses on three pillars: (i) Health and Nutrition; (ii) Education, skills and labour participation; (iii) Entrepreneurship, financial inclusion, and digital economy
- Also, HCD sits across multiple Ministries, Departments and Agencies (MDAs) in many African governments. Hence, no organisation holds an integrated vision for HCD. An HCD-focused institution can further help the HCD agenda on the continent.
- It will focus on four missions: (i) Create transparency on the HCD performance across the continent; (ii) Advocate with heads of state and decision-makers to make HCD a priority; (iii) Ensure effective coordination and collaboration with stakeholders and decision-makers; (iv) Selectively drive the implementation of flagship programs in education, health and economic inclusion.
Position Objectives
- The Finance Officer (FO) reports to the Head Finance & Admin. The FO will be responsible for supervising all banking transactions, preparation of PVs, posting of PVs and preparation of financial reports.
- He/she is responsible for budget tracking, reviewing posted accounting transactions in the FAS, bank statements reconciliation, and preparation of staff payroll.
- The FO will also make requisitions for funds, reimbursements, and involvement in the capacity building of relevant Staff on Financial management. He/she is to keep financial records and produce financial reports for audits.
Responsibilities & Duties
- Working closely with the Head Finance & Admin, process all approved payments in line with standard practices with appropriate supporting documents.
- As part of the finance team, provide administrative and technical support to the Staff to ensure that all advances are retired, and reports are prepared and submitted on a timely basis.
- Filling of retired payment vouchers with supporting documents.
- Assist with bank reconciliations, petty cash management, and cost projections.
- Posting of daily transactions (Income & Expenditure) using accounting Package daily entries, bookkeeping, filling vouchers and monthly journals, and updating the financial system daily ensuring duly supported documentation.
- Carry out banking transactions and recording inflows from home office and payment to vendors and other stakeholders.
- Preparation of Payment Vouchers (PVs).
- Posting of PVs and preparation of financial reports.
- Responsible for budget tracking, bank statement reconciliation and preparation of staff payroll.
- Assist reviewing all Procurement Requests for proper coding and budget adequacy before approval.
- In charge of making requisition for funds, reimbursement, and involvement in the capacity building of the Staffs on financial management.
- Ensure that all statutory remittances are paid on or before their due dates.
- Lead the preparation of E-payments schedules for review daily.
- Payment request reviews, requests for additional information, and ensure that payments with the Finance team continue to move through the proscribed process.
- Review transactions for cost reasonableness, allowability and allocability.
- Keep financial records and write up financial reports.
- Coordinate and support the finance unit management of accounting systems, policies, and procedures in compliance with HCD+ established accounting standards, Generally Accepted Accounting Principles (GAAP), donors’ rules and regulations, and legal requirements to support high-quality programs serving the project beneficiaries.
- Prepare various periodic and ad hoc financial reports, as needed, and perform variance analyses to assist with decision-making and proper management of financial resources.
- Assisting the Head of Finance & Admin in proper archiving of financial documents.
- Maintain petty cash and raise payment as per the demand.
- Prepare and submit monthly cash forecasts.
- Any other duty that may be assigned.
Qualifications and Experience
- A Degree in a B.Sc in Accounting, Economics or Social Sciences is required
- 3 – 5 years of professional experience in an NGO environment
- Professional proficiency in spoken and written English and strong interpersonal communication skills.
- Good working experience with Accounting package – QuickBooks
- Excellent working knowledge of Microsoft Office – Excel, Ms Word, PowerPoint, etc.
- Demonstrated flexibility and openness in responding to changing work priorities and environment.
- Demonstrated analytical, leadership and organizational skills.
- Proven ability to work and collaborate with individuals and teams in different cultural settings and at all levels.
- Ability to keep confidential accounting/financial information.
Language:
- Fluency in English Language and French Language is required and
- Experience working in Francophone Countries is required.
HOW TO APPLY
Interested and qualified candidates should send their CV to: [email protected] Copying: [email protected] using the Job Title as the subject of the mail.
Note: Only candidates who are successful at the pre-qualification stage will be contacted for interviews.
Deadline: April 19, 2023
Job Features
Job Category | Finance Officer |