Project Finance Manager at the International Institute of Tropical Agriculture (IITA)

The International Institute of Tropical Agriculture (IITA) is a not-for-profit institution that generates agricultural innovations to meet Africa’s most pressing challenges of hunger, malnutrition, poverty, and natural resource degradation. Working with various partners across sub-Saharan Africa, we improve livelihoods, enhance food and nutrition security, increase employment, and preserve natural resource integrity. IITA is a member of CGIAR, a global agriculture research partnership for a food secure future.

We are recruiting to fill the position below:

Job Title: Project Finance Manager

Job ID: IITA-P&C-NRS2024-036
Location: Ibadan, Oyo
Contract: 3-year renewable contract

Duties

• Review Project Proposals and budgets and advise.
• Set up accounts/files to meet reporting requirements of donors on project.
• Produce periodic financial statements on projects.
• Monitor and follow-up on receivables from donors.
• Advise Project leads on financial status of Projects.
• Participates in annual budget development for projects.
• Acts as the main contact person for investigating and responding to queries from donors.
• Preparation of receivables schedules and determination of year-end provision for Audited Financial Statements.
• Monitoring and reporting on payments/justification to NARS.
• Coordinating closing of monthly accounts on oracle, setting up and closing of periods in the oracle system.
• Backstopping of Institute Stations’ Administrators/Finance Officers on both financial and donor related issues.
• Liaise with Contracts & Grants Officer, Project Coordinators and Scientists on project-related issues.
• Advising top Management on financial requirements/budgeting on contractual agreements with donors.
• Responsible for ensuring adequate recovery of overhead on projects for the Institute as well as 2% CSP recovery for the CG.
• Responsible for full implementation of RSS and time cost recovery on Projects.
• Supporting the Accounts Receivable Module of Oracle.
• Supervises special project audit in ensuring compliance with donors’ requirements and best practices.
• Signing of Cheques and making on-line payments.
• Resource Person during Station Administrator & Accountants` meeting and Induction of new Staff.
• Member of the Program Finance community of Practice of the CG centres.
• Member of the Extended Management team that advises the Management on Project Execution and Sustainability.
• Serve as Finance Directorate Training Coordinator.
• Monthly review of NRS Payroll and IRS payroll.
• Perform any other job-related duties as may be assigned by the supervisor.

Qualifications

• Candidates should possess a Master's Degree in Accounting, Finance or related field with a minimum of fourteen (14) years’ experience in a well-structured environment or donor funded organization.
• Possession of ACA, ACCA or ACMA is compulsory.

Competencies:
The ideal candidate must:

• Have vast and strong knowledge of many accounting software, Oracle EBS will be a distinct advantage.
• Be very good with figures and must possess good communication skills.

Benefits
We offer highly competitive salary with equally attractive benefits and excellent working conditions in a pleasant campus environment.

Application Closing Date
4th December, 2024.