Finance Officer at Taimako Community Development Initiative (3 Openings)

TCDI is one of the frontline National Non-governmental organizations working in Bauchi, Borno and Yobe States with over a decade experience in providing humanitarian and development services in the North East Nigeria. It has partnered with numerous government agencies, National and International NGOs as well as UN Agencies in the design, planning, implementation, and supervision of programmes and activities aimed at improving the lives of rural and urban communities. The organization has footprints across the focal states and has been engaging with communities through its network of field workers and volunteers. TCDI was established in 2008 and registered with the Federal Government of Nigeria under the Corporate Affairs Commission (C.A.C.), Abuja on 23rd May 2014 with registration number IT/69569 and other regulatory bodies in the focal states.

We are recruiting to fill the position below:

Job Title: Finance Officer

Locations: Nangere, Nguru and Bade - Yobe
Employment Type: Full-time

Job Description

• The Finance Officer ensures accurate recording of financial transactions, compliance with regulatory requirements, and the efficient use of financial resources.
• The role involves managing day-to-day financial operations, preparing financial reports, and collaborating with various departments to support overall organizational goals.

Responsibilities
Financial Record Keeping:

• Maintain accurate and up-to-date financial records, including ledgers, journals, and registers.
• Ensure all financial transactions are properly documented, coded, and recorded in accordance with accounting standards.

Budgeting and Forecasting:

• Assist in the preparation of annual budgets in collaboration with relevant departments.
• Monitor budget implementation and provide regular reports on budget variances.
• Contribute to the development of financial forecasts and projections.

Financial Reporting:

• Prepare timely and accurate financial statements, including balance sheets, income statements, and cash flow statements.
• Generate financial reports for management, partners, and regulatory authorities.
• Ensure compliance with accounting principles and donor reporting requirements.

Financial Controls:

• Implement and maintain internal controls to safeguard financial assets and prevent fraud.
• Conduct regular financial audits to identify areas for improvement and ensure compliance with policies.

Cash Management:

• Manage cash flow to ensure adequate funds are available for operational needs.
• Monitor and reconcile bank statements and cash accounts regularly.

Financial Compliance:

• Stay informed about relevant financial regulations and ensure compliance with local and international financial standards.
• Coordinate with internal and external auditors during annual audits.

Vendor Management:

• Process payments to vendors and service providers in a timely manner.
• Negotiate favorable terms with suppliers and maintain good relationships.

Qualifications

• Bachelor's degree in Finance, Accounting, or a related field. Professional certifications (e.g., ACCA, CMA) are a plus.
• Proven experience in financial management, accounting, or auditing.
• Familiarity with financial software and proficiency in Microsoft Excel.
• Strong analytical skills
• Problem-solving skills.
• Excellent organizational and time-management abilities.
• Attention to detail and accuracy in financial reporting.
• Effective communication skills to collaborate with internal and external stakeholders.

Application Closing Date
7th November, 2024.