Finance Officer at DAI

Job Overview

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

Additional Details

Job ID
40738
Job Views
118

Job Description



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 BSc. 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


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