Job Summary 

At Yiaga Africa Initiative, we seek an exceptional candidate to join our Finance Department as a finance officer.

Yiaga Africa is in search of a Finance Officer who will be specifically responsible for the daily financial operations (accounting, financial management, budget monitoring, and reporting). He/she is responsible for

•   ensuring that any money expended in the field and on projects is done in accordance with Generally Accepted Accounting Principles, Yiaga Africa’s Policy, and any cost principles imposed by the donor agency.
• providing financial, administrative and organizational support to project staff and management
• working in collaboration with other support teams, such as Finance/Accounting, Procurement, and HR on a range of administrative, financial, and project support tasks.

Job Duties and Responsibilities

Finance / Accounting

• Ensures all finances are managed in alignment with the Nigerian government regulations, Yiaga Africa policies and the donor’s financial policies and procedures.
• Monitor expenditures in accordance with Yiaga Africa’s internal control rules and procedures and prepare periodic reports and where appropriate propose revisions
• Implement financial management and reporting procedures and controls to improve service efficiencies, identify savings and promote the efficient use of resources
• Review monthly financial reports and periodically prepare reports, statements and schedules to facilitate the audit of Yiaga Africa’s accounts by both internal and external Auditors
• Maintain a birds-eye view of overall reporting requirements, financial management and grant timelines for the project
• Create systems, processes and templates for tracking individual grant requirements (financial & reporting), including processing internal paperwork for grant reporting deadlines & preparing and submitting funder reports in compliance with financial and admin reporting needs
• Reconcile and review invoices for payments
• Ensure applicable tax withholding and deductions are taken care of as per the Nigerian laws and regulations on all payments.
• Conduct quality assurance on invoices, payments and expense reports submitted by project staff to ensure compliance with donor rules and regulations
• Contribute to the audit process to include audit work-papers, and work with auditors to ensure a clean audit.
• Implement and follow-up on auditors’ recommendations.
•   Perform timely review of cash position for project accounts to ensure sufficient funds are available for disbursements
• Control the processing of mission expenditure advances and balances
• Process payment requests on behalf of staff and vendors
• Ensure filling system for finance documents are up to date and well organized.
• Other tasks as required by line manager.

Required Qualifications and Competencies

Qualifications:

• A degree in Accounting, Finance, or any other related field.
• A professional qualification will be an added advantage e.g ICAN, ACA, ACCA

Professional Experience

•           Minimum of three (3) years progressive work experience in an independent accounting position in an NGO.

•           Experience in working with donor-funded projects and general understanding of their rules & regulations.

Demonstrated Skills and Competencies

•           Proficient the use of Financial Accounting Systems (e.g. QuickBooks) with significant experience in Excel and Microsoft Packages.

•           Experience developing and interpreting standard financial reports

•           Proven ability to work effectively in a team-oriented, multi-cultural environment.

•           Ability to carry out responsibilities independently with minimal technical support

•           Excellent interpersonal and time management skills.

•           Strong analytical and documentation skills.

•           Good written and verbal skills in the English Language

How to apply

Interested candidates should fill out the job application form and upload their detailed resume containing their LinkedIn ID, Age, Address, and the contact of referees in MS Word documents here. Submission should be concluded on or before Friday, August 12^th, 2022. Only applications sent in the required format will be considered. Only shortlisted candidates will be contacted.