Finance Coordinator at Concern for Women and Children Development Foundation (COWACDI)

Concern for Women and Children Development Foundation (COWACDI) is a woman-led organization born out of passion for the well-being of Women and Children in Nigeria. It has a special interest in mitigating the suffering of vulnerable persons (mostly Women & Children) in times of crisis. Currently, the organization has focused its attention on the North East of Nigeria with special emphasis on Borno, Yobe, and Adamawa states (the BAY states) due to the decade-old crises. COWACDI intervenes through a community-based approach in addressing Gender-Based Violence prevention and response programmes, child protection, peace-building programmes, and empowerment of youth and women. COWACDI operates with full respect for humanitarian law and works with concrete policies and principles of international standards such as humanity, impartiality, neutrality and independence, and accountability to the affected population.

We are recruiting to fill the position below:

Job Title: Finance Coordinator

Location: Borno

Job Summary

• The Finance Coordinator is responsible for managing and overseeing the financial operations of the organization, ensuring compliance with internal policies, donor regulations, and local statutory requirements.
• This role involves budgeting, financial reporting, cash flow management, and capacity building of finance staff to ensure efficient and transparent financial management.

Key Responsibilities
Financial Management:

• Oversee all financial transactions, including payments, receipts, and disbursements, ensuring compliance with policies and procedures.
• Prepare monthly, quarterly, and annual financial reports for management, donors, and stakeholders.
• Develop and maintain financial systems, including accounting software and filing systems.
• Monitor and manage cash flow to ensure liquidity and efficient use of resources.

Budgeting and Forecasting:

• Coordinate the preparation of annual budgets and periodic forecasts in collaboration with program teams.
• Monitor budget utilization and provide variance analysis to management.
• Ensure that budget revisions are prepared and submitted as required by donors.

Compliance and Audit:

• Ensure adherence to organizational policies, donor guidelines, and local statutory regulations.
• Coordinate internal and external audits, including preparing necessary documentation and responding to audit queries.
• Identify financial risks and implement mitigation strategies.

Capacity Building:

• Train and mentor finance staff on financial policies, procedures, and donor requirements.
• Support non-finance staff in understanding budgeting and financial management concepts. 

Grant and Donor Management:

• Monitor financial aspects of grant agreements, including reporting deadlines and fund utilization.
• Prepare and review financial reports for submission to donors.
• Ensure all financial records related to grants are accurate and up to date.

Coordination and Representation:

• Liaise with banks, auditors, tax authorities, and other external stakeholders as needed.
• Represent the organization in financial discussions with donors and partners. 

Qualifications

• Bachelor’s Degree in Finance, Accounting, Business Administration, or a related field.
• Professional certifications such as CPA, ACCA, or equivalent are highly desirable.

Experience:

• Minimum of 5 years of experience in financial management, preferably in the humanitarian or development sector.
• Experience working with donor-funded projects and knowledge of donor regulations (e.g., USAID, EU, UN).

Skills and Competencies:

• Strong understanding of financial principles, accounting practices, and grant management.
• Proficiency in financial software (e.g., QuickBooks, SAP) and advanced Excel skills.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong attention to detail and organizational abilities.
• Ability to work under pressure and meet deadlines.
• Knowledge of local tax laws and regulations is an advantage.

Application Closing Date
Not Specified.