Finance and Admin Manager at Nigerian Red Cross Society

Job Overview

Location
Lagos, FCT
Job Type
Full Time
Date Posted
3 years ago

Additional Details

Job ID
34879
Job Views
95

Job Description



Financial planning:



  • Contributes to Business Entity strategy planning and development. Leads the budgeting process and guides the team on compliance and rationalisation.

  • Provides technical support to budget holders in development of their budgets.

  • Support in fund raising strategies and putting supportive systems in place to ensure accountability

  • Oversees cash flow management process, making sure that funds are available for operational use. Coordinates cash forecasts with Business Entity Staff.

  • Reviews monthly budget monitoring reports and take corrective action


Accounting and book keeping



  • Oversees payment process to ensure that all transactions are within accepted standards and in accordance with laid down processes

  • Set up a functioning accounting system that ensures transactions are captured accurately and on a timely manner

  • Set up a month end calendar and ensure it is strictly adhered to

  • Reviews and validates all balance reconciliations

  • Maintaining proper physical files and computer files and folders to enable easy retrieval of information by the organisation and others


Internal controls



  • Set up water tight systems and procedures that aim at safeguarding organisations assets against loss due to errors or fraud

  • Evaluating internal control system and procedures, highlights the shortcomings and implementing necessary recommendations

  • Puts in place approval matrix and ensures the limits are strictly adhered to.

  • Payments are done in accordance with laid down process, ensuring monthly reconciliation is done


Financial reporting



  • Provides financial information to management for decision making.

  • Ensures flow of financial information is done in a systematic manner-Monthly and quarterly reports

  • Prepares statutory financial reports on a timely manner


Building and maintaining good team work spirit and cooperation between finance and programme,



  • Ensuring programme staff are trained in relevant aspects of financial management

  • Participation in regular project management meetings

  • Ensuring a proper understanding of field operations, including risks and practical limitations.


Audit and risk management



  • Prepares for external audit and ensures auditors get full access to financial information required for the purpose of audit

  • Support in addressing management comments and adopting audit recommendations-Come up with plan of action to address management comments.

  • Together with the internal auditor, identify organisational risks and develop a plan of action to mitigate the risks


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