Finance Officer at Save The Slum Initiative

Save the Slum Initiative is a non-governmental organization with registration CAC/IT/NO 139240, STSI was founded in 2016 and is committed to responding to current needs to improve the life of people living in slums and local communities across Nigeria. STSI envisions improving the living standards of vulnerable persons and communities and our overall aim is to work with urban poor to bring about long-term and sustainable transformation to their quality of life and to also provide better community-based healthcare and empowerment education and environmental improvement to all communities that will serve.

We intervene in various sectors like WASH, Education, Protection, Nutrition, Health, and Livelihood of humanitarian sectors and community development projects. Since its inception in 2016, STSI have implemented in over 16 States in Nigeria and other African States.

We are recruiting to fill the position below:

Job Title: Finance Officer

Location: Ifo, Ogun
Employment Type: Contract

Position Overview

• The Finance Officer will ensure transparent, efficient, and compliant financial management of the National Geographic Society grant while supporting this innovative agricultural biodiversity project.
• This role demands exceptional financial expertise combined with deep understanding of international donor requirements and Nigerian financial regulations to maintain the highest standards of fiscal responsibility and accountability.

Key Responsibilities

• Financial Management: Maintain comprehensive accounting records for all project expenditures across 14 budget categories including Assistant/Consultant Compensation, Equipment and Supplies, Laboratory Costs and operational expenses. Implement robust internal controls ensuring accurate recording, proper documentation, and compliance with both National Geographic Society guidelines and Nigerian financial regulations.
• Budget Monitoring: Provide real-time budget tracking and variance analysis, preparing monthly financial reports showing expenditure against approved allocations. Monitor currency exchange fluctuations affecting the dual-currency project (USD/NGN) and implement strategies minimizing foreign exchange risks while maintaining operational efficiency.
• Donor Compliance: Prepare quarterly financial reports meeting National Geographic Society's specific requirements including detailed expenditure analysis, supporting documentation, and forward-looking projections. Ensure all financial documentation meets international audit standards and maintains complete audit trails for potential external reviews.
• Payment Processing: Coordinate timely payment of staff salaries, vendor invoices, and operational expenses while ensuring proper authorization procedures and documentation. Manage international fund transfers, banking relationships, and cash flow planning to ensure uninterrupted project operations across rural Ogun State locations.
• Procurement Support: Work closely with Procurement Officer to ensure all purchases align with budget allocations and donor requirements. Verify receipt of goods and services before payment authorization while maintaining detailed procurement records supporting transparency and accountability requirements.
• Risk Management: Implement financial risk mitigation strategies addressing potential challenges including currency fluctuation, vendor payment delays, equipment security, and compliance requirements. Maintain contingency planning for various financial scenarios while ensuring project continuity.
• Capacity Building: Train field staff in expense claim procedures, mobile money protocols, and financial documentation requirements. Develop simplified financial tracking systems enabling community mobilizers and technical staff to maintain accurate field-level financial records.

Required Qualifications

• Bachelor's degree in Accounting, Finance, or related field with professional certifications (ICAN, ACCA, CPA) representing significant advantages.
• Minimum 5 years' experience in NGO or donor-funded project finance with demonstrated expertise in international grant management and compliance reporting.

Technical Skills:

• Proficiency in accounting software (QuickBooks, Sage, Peachtree) and advanced Excel capabilities. Understanding of Nigerian tax regulations, foreign exchange management, and banking procedures affecting NGO operations.
• Experience with USAID, World Bank, European Commission, or similar donor financial requirements preferred.

Personal Attributes:

• High integrity and attention to detail with strong analytical and problem-solving abilities.
• Excellent communication skills for coordination with diverse stakeholders including donors, vendors, government agencies, and community representatives.
• Ability to work effectively under pressure while maintaining accuracy and compliance standards.

Application Closing Date
31st July, 2025.

Method of Application
Interested and qualified candidates should:
Click here to apply online

Note

• By submitting your Application for this position you agree to STSI ZERO Tolerance to:
• Fraud
• Sexual Harassment, Exploitation, Abuse and Child Abuse
• Our employees enjoy a work culture that promotes diversity and inclusion.
• Save The Slum Initiative (STSI) provides Equal Employment Opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, national origin, age, disability or genetics.
• Candidates available to start immediately are highly preferred.
• Qualified women are strongly encouraged to apply.
• Only shortlisted candidates will be contacted for an interview.