• Application Deadline: Mon, 8 Jul 2024 00:00:00 GMT
• Position: Finance Coordinator


• Job Type Contract


• Qualification BA/BSc/HND


• Experience 5 - 7 years


• Location Borno


• Job Field NGO/Non-Profit 
  

Position: Finance Coordinator 

Location:  Monguno and Konduga LGAs, Borno State 

Reporting to: Director Of Programmes and Country Director, GOALPrime Organization 

Duration:  12 Months 

Contract Nature:  Temporal Appointment 

Job Summary: 

The Finance Coordinator is responsible for overseeing the financial operations of GOALPrime Organization. This includes budget management, financial reporting, ensuring compliance with donor regulations and internal policies, and providing financial guidance to program teams. The role ensures the organization's financial health and accountability. 

Key Responsibilities: 

1. Financial Management: 

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  Develop and implement financial policies and procedures to ensure efficient and compliant financial operations. 

  
  

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  Oversee the preparation and management of project and organizational budgets. 

  
  

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  Monitor expenditures and ensure they are in line with approved budgets. 

  
  

Financial Reporting: 

• Prepare accurate and timely financial reports for internal and external stakeholders, including donors. 


• Ensure all financial transactions are properly recorded and documented. 


• Conduct financial analysis and provide insights to support decision-making. 

Compliance and Audit: 

• Ensure compliance with donor regulations, organizational policies, and relevant laws. 


• Coordinate and support external and internal audits, ensuring all financial documentation is available and accurate. 


• Implement audit recommendations to improve financial management practices. 

Cash Flow Management: 

• Manage cash flow to ensure the availability of funds for project activities. 


• Prepare cash flow forecasts and monitor cash balances. 


• Oversee banking operations and maintain relationships with financial institutions. 

Grant Management: 

• Monitor grant expenditures to ensure compliance with donor requirements. 


• Prepare financial reports for donors and ensure timely submission. 


• Support program teams in budget preparation and financial planning for grant proposals. 

Team Management: 

• Lead and manage the finance team, providing guidance, support, and capacity building. 


• Assign tasks and responsibilities to team members, ensuring clear communication and coordination. 


• Conduct regular team meetings to review progress, address challenges, and plan future activities. 

Capacity Building: 

• Provide training and support to program and finance staff on financial management practices. 


• Develop and share financial management tools and resources to enhance staff capacity. 


• Stay updated on best practices in financial management and compliance. 

Risk Management: 

• Identify and mitigate financial risks related to the organization's operations. 


• Implement internal controls to safeguard the organization's financial assets. 


• Monitor financial systems and processes to ensure they are effective and efficient. 

Qualifications and Experience: 

• Bachelor’s degree

Key Competencies: 

• Strong leadership and team management skills. 


• High level of integrity and commitment to ethical standards. 


• Ability to work effectively in a fast-paced and dynamic environment. 


• Strong problem-solving and decision-making abilities. 


• Flexibility and adaptability to changing organizational needs and priorities. 

Benefits: 

• Opportunities for professional development and capacity building. 


• A supportive and dynamic work environment. 


• Contributing to the financial integrity and sustainability of the organization.