Finance Officer at Deloitte Nigeria

Deloitte Nigeria - Our client in the NGO Industry is recruiting suitably qualified candidates to fill the position below:

Job Title: Finance Officer

Location: Lagos
Job Type: Full-time

Description

• Deloitte Nigeria is seeking a detail-oriented and proactive Finance Officer to join the Finance team of one of our clients in the NGO Industry.
• As a Finance Officer, you will be responsible for managing the financial transactions of the company and ensuring accuracy and compliance.

Responsibilities

• Administer the accounts payable and accounts receivable process.
• Correspond with vendors and respond to inquiries to resolve billing discrepancies
• Process, post and review deposits, Bank transactions, transfers and credit card transactions
• Review financial transactions and accounting of grant disbursements to ensure compliance with accounting and procurement standards of Funders
• Develop and maintain time reporting system to allocate payroll expenses to various funding sources and programs
• Perform account reconciliations including bank reconciliations and balance sheet accounts and resolve discrepancies between bank and company records.
• Conduct month‐end balancing of various accounts and prepare journal entries and account adjustments to correct deficiencies
• Prepare standard and custom reports and conduct various detailed financial analysis on a quarterly and annual basis for the Program Manager, the Board of Trustees and funders.
• Assist with implementing and maintaining internal financial controls and financial procedures
• Assist with the annual audit process and provide outside auditors with documentation and analyses in response to requests for financial information
• Prepare and submit grant funding reimbursement requests to funders providing proper documentation to ensure prompt payment
• Analyse financial information to recommend or develop efficient use of resources and procedures, provide strategic recommendations and maintain solutions to financial problems.
• Monitor and approve all budgeted project expenditure.
• Monitor cash flow projections and report actual cash flow and variance to the Executive Director on a regular basis (monthly/bimonthly)
• Provide regular narrative and financial management reports.
• Manage all project funds according to established accounting policies and procedures
• Ensure that all financial records for the project are up to date
• Prepare financial reports and supporting documentation for funders as outlined in funding agreements.
• Managing the programme's budget on behalf of the company, monitoring expenditure and costs against delivered and realized benefits as the programme progresses.
• Ensure all financial transactions are accurately approved and timely booked according to the Financial Management policies and procedures for sub project implementation.

Requirements

• Bachelor's Degree in Finance, Accounting, or a related field
• Experience in managing NGO or other related projects.
• Must be ICAN/ ACCA certified.
• Minimum of 2-4 years of experience in a financial or accounting role
• Strong knowledge of financial principles and practices
• Proficiency in financial management software and MS Excel
• Excellent attention to detail and accuracy
• Strong analytical and problem-solving skills
• Comfortable working with teams
• Good communication and interpersonal skills
• High level of integrity and ethical conduct

Application Closing Date
Not Specified