The North East Regional Initiative (NERI) Nigeria – An International Development Organization is seeking to engage qualified nationals to fill the position below:
Job Title: Senior Finance Officer
Location: Abuja
Position Summary
- The Senior Finance Officer will assist the Finance Manager in developing and managing the project’s financial systems.
- S/he will work under the supervision of the Finance Manager and will support him/her in all matters related to financial management, financial reporting, subcontracting.
- S/he will also assist the Finance Manager in ensuring sufficient funds are available for effective and efficient implementation of project activities and support programs. Specific areas of responsibility include financial report preparation, review and submission to headquarters and cash flow management. Some travel is expected.
Reporting & Supervision:
- The Senior Finance Officer reports to the Finance Manager in Abuja.
Primary Responsibilities and Deliverables
Primary responsibilities include but are not limited to the following:
- Preparing accurate and timely financial reports in line with USAID/ OTI and Creative’s financial regulations
- Providing and interpreting financial information from Microsoft Dynamics SL and other project source documents
- Ensuring that monthly projections are collated from various components for cash requests and burn rate
- Developing external relationships with appropriate contacts, e.g. bankers and statutory organizations such as the Inland Revenue, NSITF and pension officials.
- Supervising Finance Officers, mentoring and coaching colleagues on policies, procedures, financial regulations etc.
- Keeping abreast of changes in financial regulations and legislations and communicating implications to management as needed
- Maintaining collaborative professional relationships with managerial staff and colleagues in other departments (particularly Grants and Procurement) to support activity clearance, implementation and overall program delivery
- Applying internationally accepted principles and procedures to analyze financial information
- Ensuring appropriate accounting control and procedures in all financial operations
- Monitoring of cash balances, prepare advance account reconciliations and bank reconciliations and respond to inquiries from HQ.
- Monitoring cash balances on dynamics and bank, ensuring that drawdowns from USD to Naira account are done timely as soon as a confirmed exchange rate is received from the bank
- Reviewing local expense reports to ensure accuracy and compliance with USAID/ OTI and Creative’s financial practice before reimbursement
- Coordinating with program and administrative staff to ensure that transactions are properly planned, recorded and coded
- Prepare payroll, send pay slips and make all statutory deductions to the relevant authorities
- Coordinate with the bank for information regarding exchange rate, bank balances, wire transfer etc.
- Interpret financial reports and produce burn rate analyses for management decision making and communicate information in a way that demonstrates a understanding of development assistance work, project priorities and strategy, values and practices.
- Participating in preparation of spontaneous work plan activities and budget for instant intervention in areas that need urgent attention
- Ensure staff have good understanding of policies and procedures and that knowledge is reflected in the day to day financial transactions – avail staff with all relevant policies and procedures, provide on job trainings, as necessary provide feedbacks on irregularities, etc.…
- Initiate and implement a planning and reporting practices for staffs under Finance Manager supervision.
- Support, as needed, in capacity building work of grantees
Required Skills & Qualifications
- Minimum of Bachelor’s degree or its equivalent in Accounting or Finance
- 5 years of general experience with at least 3 years of experience in accounting and finance work is required.
- Proficiency at using Microsoft office software: MS Word, Excel, PowerPoint, Outlook, etc. is required.
- Experience with computerized accounting systems is required.
- Strong analytical skills are required.
- Multi-tasking with positive attitude is required.
- Ability to establish and maintain effective, sustainable relationships with project staff and bank officials, as well as the development community is required.
- Prior experience with international organizations or international-funded projects is highly desirable.
- Experience working in a conflict environment is a plus.
- Fluency in oral and written English is required.
Job Title: Finance Officer
Locations: Abuja, Adamawa, Borno, Yobe
Position Summary
- The Finance Officer is responsible for providing effective financial support to the project assuring compliance with internationally recognized finance policies and procedures.
- The scope of the position includes but is not limited to assisting with entering local transactions in accounting software, running monthly reports, processing travel advances, processing payroll, reviewing expense reports, monitoring receivables and payables, ensuring compliance with Nigerian and international finance regulations, ensuring adequate cash balances to cover project activities and processing wire transfer requests.
- This position will be based in Abuja, Adamawa, Borno, Yobe State, respectively. Limited travel may be required.
Reporting & Supervision:
- The Finance Officer is supervised by the Program Manager in Adamawa, Borno, Yobe State, respectively and reports to the Finance Manager based in Abuja.
Primary Responsibilities and Deliverables
Primary responsibilities include but are not limited to the following:
- Apply internationally accepted accounting principles and procedures to analysing financial information and prepare accurate and timely financial reports.
- Ensure appropriate accounting control procedures.
- Monitor cash balances, prepare advance account reconciliations and bank reconciliations.
- Review local expense reports to ensure accuracy and compliance with internationally accepted financial practices before reimbursement.
- Coordinate with program and administrative staff to ensure transactions are properly coded.
- Maintain a good system of records.
- Prepare wire transfer requests, if any.
- Coordinate with the bank for information regarding balance account, bank statements, exchange rates, etc.
- Work with the Finance Manager to ensure compliance with internationally accepted financial practices and procedures.
- Prepare financial reports, as required.
- Communicate information in a way that demonstrates a basic understanding of development assistance work, project culture, values, and practices.
- Perform other tasks, as assigned.
Required Skills & Qualifications
- University degree in Accounting, Finance or related field is required.
- Minimum of 3 years’ experience in accounting with at least 5 years of general experience is required.
- Proficiency at using Microsoft office software: MS Word, Excel, PowerPoint, Outlook, etc. is required.
- Experience with computerized accounting systems is required.
- Strong analytical skills are required.
- Multi-tasking with positive attitude is required.
- Knowledge of payroll and tax issues.
- Ability to establish and maintain effective, sustainable relationships with project staff and bank officials, as well as the development community is required.
- Prior experience with international organizations or international-funded projects is highly desirable.
- Experience working in a conflict environment is a plus.
- Fluency in oral and written English is required.
- Fluency in one or more of the local state languages in the North Eastern part of Nigeria is required.
Deadline: 22nd October, 2019.
How to Apply
Interested and qualified candidates should submit the following documents to: nigeria_recruitment@neri-nigeria.com Please reference the “Job title and Location” on the subject line, your Cover Letter and Resume/CV.
Application Document
- A current Resume or CV listing all work experience and qualifications; AND
- A cover letter
Note: Only short-listed candidates will be contacted.
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