Finance Officer at Learning Through Skills Acquisition Initiative - LETSAI

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
86993
Job Views
121

Job Description



General Role Summary



  • The Finance Officer works in collaboration with other finance staff to support the Head of Finance/Finance Manager to ensure that LETSAI operates within a healthy financial environment and meets all of its obligations and accountabilities on time.

  • The position holder supports to establish, operate, and maintain good financial systems and controls.

  • In addition, he/she supports the conduct and management of audits, prepares donor and operational budgets, and facilitates procurements processes.

  • The Finance Officer is responsible for the day-to-day management of financial transactions and procedures in line with organizational and Donor policies and principles.


Essential Job Accountabilities


General accounting



  • In collaboration with other finance, Admin and Programme staff ensure that accurate records for all daily transactions are kept in the right format and place.

  • Prepare balance sheets and other reports as may be required.

  • Process invoices in support of payments as may be required.

  • Review/record accounts payable and accounts receivable in line with organizational policies, and accounting standards.

  • Ensure that the financial system is always up to date with financial data.

  • Manage petty cash

  • Perform any other accounting duty that may arise from time to time.


Banking



  • Ensure that all banking transactions are done on time with very minimum risk and in line with organisational and donor policies.

  • In collaboration with other finance staff, support the Finance Manager and the Executive Director to reconcile bank statements.

  • Work with programme team to prepare all budgets that may be required.

  • Ensure that petty cash is managed in line with organisational policies and practices.

  •  Auditing, Financial Management and Reporting

  • Support the preparation of month end/quarterly financial reports.

  • Support both the conduct and management of internal and external audit processes.

  • Provide support to the Head of Finance/Finance Manager to implement all audit recommendations.

  • Prepare and submit monthly management and donor reports to Senior Management Team(SMT) Grant Management and Compliance.

  • Support the Operations team to meet programme management requirements.

  • Enforce compliance with national, organisational and donor conditions as applicable

  • In collaboration with the Operations team, support the effective management of grants by ensuring that all grant conditions (including procurement, reporting and extensions) are met.

  • In collaboration with the operations team, ensure that routine grant monitoring mechanisms (like monthly and quarterly budget meetings) are held and actions  implemented.

  • Ensure documentation and filing of project activities are done in compliance with

  • Organisation and donor policies and procedures.

  • Support in forecast preparation and Management


Required Skills, Knowledge & Qualifications


Essential



  • A degree in Finance, Accounting or Economics with at least two years of post-qualification experience.

  • A professional qualification such as ACA, CNA, or any other foreign qualification like ACCA, CIMA is an added advantage

  • A solid knowledge of financial and accounting procedures

  • Experience in using financial software like QuickBooks, ProMIS etc

  • Advanced MS Excel skills

  • Knowledge of financial and tax regulations

  • Excellent analytical and numerical skills

  • Strong ethics, with an ability to manage confidential data.


Desirable



  • Honesty and integrity are desired attributes in this role.

  • Multitasking and ability to work under pressure.


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