FINANCE MANAGER, TA HUB
Reports to TA Hub Incubation Manager and subsequently the Executive Director of the steady state Hub
- Lead the day-to-day accounting operations including oversight of accounts payable and receivable, and maintenance of the general ledger and other financial transactions
- Maintain and update the accounting spreadsheets, journal logs to ensure that it is compliant with organizations rules and regulations, and any other relevant legislation
- Prepare receipts and vouchers and their proper formats, so that the financial details can be entered correctly in the accounting system
- Prepare, analyze and present financial reports (income statements and balance sheets) in an accurate and timely manner; communicate monthly and annual financial statements to ED
- Oversee the annual budgeting and planning process in conjunction with the ED; administer and review all financial plans and budgets; monitor progress and changes and produce monthly budget versus actual reports.
- Develop, analyze and monitor program budgets; monitor and track obligations and expenditures against budgets
- Coordinate and lead the annual audit process, liaise with external auditors and the finance committee of the Board of Directors; assess any changes necessary
- Update and implement all the required business policies and accounting practices; improve the finance department’s overall policy and procedure manual
- Assist and guide the Board by providing relevant financial information during budgeting, accounts to donors and other decision-making activities
- Liaise with HR to determine the amount to be paid to employees based on the number of days
- Ensure timely payment of staff, suppliers and vendors and adherence to all requisite country laws during transactions (e.g., remittance of taxes (PAYE, WHT, VAT, etc.)
- Ensure all cash and cheque payments are made without any delay for the smooth run of the programme activities
- Participate in logistic activities by participating, Tender and, Quotation evaluation committee
- Work with Grants Manager to produce financial reports for donors and other funder grants; maintain shared grant reporting calendar due dates and submissions, including all necessary financial deliverables as stated per grant awards and contracts.
- Evaluate financial reports to analyze progress and review grant expenditure in comparison to the estimated budget
- Implement a robust contracts management and financial management/ reporting system for TA partners to ensure adherence to the contract billing and collection schedule.
- Ensure steady financial data and cash flow to support operational requirements.
- Work with Grants Manager and Project Manager to collate and analyze sub-grant recipients’ financial reports
- Ensure recipients are paid on time.
Eleven (11) Months
SKILLS AND QUALIFICATIONS
- A minimum of 7 years of relevant experience in financial management in an NGO
- 5+ years, experience overseeing the finance and operations of equally large and complex projects (estimated annual budget of $15 million
- A Bachelor’s degree in accounting or its equivalent
- Professional certification in Accounting (ACCA or equivalent) is required
- Master’s Degree is an added advantage
- Knowledge in generally-accepted accounting, budgeting, and fiscal control principles
- Demonstrated experience and skills in developing and managing annual budgets of $15 million or larger
- Strong proficiency in MS Office (word, excel, PowerPoint, etc.)
- Experience effectively navigating accounting software
- Strong oral and written communication skills
- Skilled in strategic thinking as it relates to department plans, staff development, and customer service.
HOW TO APPLY
Qualified candidates should apply by visiting the Careers page at http://www.dai.com before 3rd July 2020. DAI will only contact candidates that are successful at this pre-qualification stage.
More information about DAI can be found on the DAI website; http://www.dai.com