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

Posted on Thu 01st Dec, 2022 - www.hotnigerianjobs.com --- (0 comments)

Concern for Women and Children Development Foundation (COWACDI) is a concept, born out of passion for the well-being of the vulnerable women and children in the Nigerian society, especially in the NE Nigeria. With special interest in reducing suffering in the society in times of crisis. This crisis may be as a result of conflict or natural disaster. The organization is currently focusing its attention on the NE Nigeria. With special emphasis on the BAY (Borno, Adamawa and Yobe) State.

We are recruiting to fill the position below:

Job Title: Finance Officer

Location: Borno

Job Description

  • Ensure day-to-day accounting operations and financial management functions are performed in compliance with internal and donor policies and procedures.
  • Ensure funds availability and verify that all procurement actions are compliant with internal and client financial management guidelines.
  • Ensure that all accounting data is updated, reconciled, and fully backed up with supporting documents.
  • Responsible for the timely processing of staff payroll, allowances, and other reimbursements.
  • Monitor cash flow and regularly update budget projections to ensure the supply of adequate funds.
  • Support the preparation of budgets, monitor, review, and revise as required.
  • Meet financial reporting requirements, ensuring that all financial reports are submitted on or before the deadline.
  • Provide financial status of project expenses and budget information as requested.
  • Ensure compliance with local laws, laws on withholding taxes, and PAYE.
  • Coordinate with the Program Manager to establish proper controls for grants management
  • Ensure and routinely test for maintenance of audit-ready
  • Review and analyze financial reports, including cost allocation of shared costs, to verify financial transactions.
  • Prepare balance sheet account reconciliations to ensure all transactions are accurately stated and appropriately classified.
  • Work with relevant staff to address irregularities and resolve accounting issues and ensure correction of accounting entries and payroll.
  • Ensure financial reports are generated accurately and disseminated timely as per established reporting schedules and assist staff with financial reports analysis.
  • Oversee maintenance of a good filing system of required supporting documentation to ensure easy access and retrieval, and a reliable and easy-to-follow audit trail.
  • Ensure efficient management of cash flows and availability of sufficient and optimal cash in COWACDI’s operating account through monitoring cash balances (both cash-in-bank and cash-on-hand), preparing bank reconciliations, analyzing, and forecasting cash needs
  • Maintain office efficiency by planning and implementing office systems, layouts, and equipment procurement for the growth and development of COWACDI.
  • Ensure adequate tracking of the organization’s assets.
  • Serve as the overall first point of contact for staff with technical issues.
  • Responsible for the technology management within the program office and ensures all staff are set up and understand how to use the organization’s policies, and assets.
  • Troubleshoot technical glitches including internet, phones, printers, network, etc.

Application Closing Date
7th December, 2022.

Method of Application
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail.