Finance Officer at Women Impacting Nigeria (WIN)

Women Impacting Nigeria is a female led not for profit organization in Nigeria with focus on creating impact oriented and community centered solutions to gender related issues regarding women and children in line with the SDG goals.

We are recruiting to fill the position below:

Job Title: Finance Officer

Location: Lagos
Employment Type: Full-time

Job Description

• The Finance Officer for the NGO will ensure effective financial management, accountability, and compliance with donor and regulatory requirements.
• This role involves managing budgets, overseeing statutory deductions, preparing financial reports, and supporting the organization's mission by ensuring financial sustainability and integrity.

Key Responsibilities
Budgeting and Financial Planning:

• Develop and monitor project and organizational budgets, ensuring alignment with donor requirements and NGO goals.
• Provide financial forecasts to guide decision-making and resource allocation.

Accounting and Bookkeeping:

• Maintain accurate and up-to-date financial records for all projects and organizational activities.
• Process payments, receipts, and invoices, ensuring adherence to financial policies.
• Reconcile bank accounts and track cash flow.

Statutory Deductions and Compliance:

• Accurately calculate, process, and remit statutory deductions (e.g., PAYE, pensions, NHF, ITF) in compliance with Nigerian laws.
• Ensure timely submission of all statutory payments to relevant authorities.
• Maintain up-to-date knowledge of statutory and donor regulations.

Grant and Donor Financial Management:

• Ensure donor funds are tracked and utilized according to agreements and reporting requirements.
• Prepare donor financial reports and ensure alignment with grant guidelines.
• Monitor fund disbursement and report variances to stakeholders.

Audit and Regulatory Compliance:

• Prepare for external and donor audits, ensuring all required documentation is accurate and readily available.
• Ensure compliance with financial and donor regulations and organizational policies.

Cost Control and Risk Management:

• Identify cost-saving opportunities and develop strategies to minimize financial risks.
• Regularly review financial data for inconsistencies and address potential risks proactively.

Payroll and Benefits Administration:

• Process monthly payroll, ensuring accuracy and timely disbursements.
• Manage employee benefits and maintain proper documentation of deductions and payments.

Reporting and Analysis:

• Prepare monthly, quarterly, and annual financial reports for management, donors, and other stakeholders.
• Conduct financial analyses and provide actionable insights for improved financial management.

Capacity Building:

• Train and support staff on financial processes, donor compliance, and budget management.
• Contribute to the continuous improvement of financial systems and policies.

Qualifications

• A Bachelor’s degree in Finance, Accounting, or a related field.
• Minimum of 3 years of experience in financial management, preferably within the NGO sector.
• Professional certifications (e.g., ICAN) are an advantage.
• Strong understanding of donor-funded project management, including budget preparation and reporting.
• Proficiency in financial management software and advanced knowledge of Microsoft Excel.
• Excellent analytical, organizational, and communication skills.
• Commitment to upholding transparency, integrity, and accountability in financial processes.

Salary
N200,000 - N250,000 Monthly.

Application Closing Date
6th January, 2025.