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: Finance Manager

Location: Ibadan, Oyo
Job type: Contract
Duration: 3 years renewable

Duties

• Prepare monthly reports across all Regional Hub Program Cost Centers for effective and efficient internal financial management.
• Advise and communicate with the Regional Hub project team on project financial status, availability of funds for project activities, and other financial and compliance-related matters.
• Liaise continuously with the Headquarters Finance team to ensure the highest level of compliance with IITA policies, regulations, and procedures.
• Ensure strict compliance with specific project rules, regulations & contract terms.
• Maintain financial reporting and tracking systems providing data measurements on the financial performance of project activities and expenditures against overall objectives
• Develop and prepare for donors and IITA Finance, timely monthly, quarterly, and annual financial reporting and accurate financial projections throughout the fiscal year. Develop, analyze and monitor program budgets’ spending.
• Handle all consolidated expenditure justification reports and retrieve all backup support documents for IITA internal i.e. Project Development & Administration Unit and Donor reporting.
• Prepare and review relevant partnership agreements, ensuring all mapping/categorization of respective expenses are in line with Donor Report requirements and project workplans
• Support annual budget development processes and provide financial assistance to teams developing new funding proposals.
• Continuously review all financial transactions and resolve issues arising.
• Monitor and report on actual spending, including compliance with instituted controls and donor requirements/compliance.
• Prepare monthly Bank Reconciliation handing all imprest reports, including attendant controls.
• Verify all partners’ expenses based on the support documents submitted with the financial reports on various Regional Soil Health Hub partners and IITA staff.
• Review all staff cost-related payments charged to the Regional Soil Health Hub Cost Centers for propriety and correctness.
• Monitor risk management factors to ensure financial sustainability of the Regional Hub.
• Process all Regional Hub staff travel advances, claims and reimbursements.
• Handle Fixed Asset register, including tagging and reconciliation.
• Perform any other finance-related tasks as may be assigned by the Supervisor.

Requirements
Qualifications:

• Master`s Degree in Finance, Accounting or any related field with a minimum of six (6) years’ experience performing similar role in a well-structured environment, possession of ACA/ACCA would be an added advantage.
• Experience in WorldBank operations would be a plus.

Competencies:
The ideal candidate must:

• Have strong analytical mind, with hands-on experience in any major ERP/ computer application e.g. Oracle application.
• Agile self-learner who is not afraid to ask questions to clarify tasks and reduce/avoid predictable inefficiencies at execution stage.
• Have excellent MS Office competence.
• Strong service and support mindset, and an excellent eye for details in numbers and narrative.
• Have a very pleasant personality, good team player, honest and good command of both written and oral English.
• Ability to work efficiently and effectively under pressure of tight deadlines.
• A proactive problem solver with the ability to adapt to changing project needs and priorities.
• Some understanding of written French would be an advantage.

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

Application Closing Date
Not Specified.