About the role
Remuneration range: 25,000 per month to 30,000 per month.
Roles and Responsibilities: • Financial Recordkeeping: Maintain accurate and up-to-date financial records, including accounts payable and receivable, general ledger entries, and bank reconciliations.• Budgeting and Reporting: Assist in preparing budgets, financial reports, and statements, providing detailed analysis and recommendations to management as required.• Grants and Donor Funding: Manage financial aspects related to grants and donor funding, including tracking expenditures, preparing financial reports, and ensuring compliance with funding guidelines and reporting requirements.• Payroll and Benefits Administration: Process payroll accurately and in a timely manner, including calculating deductions, issuing paychecks, and maintaining employee payroll records. Administer employee benefits programs and handle related transactions.• Financial Analysis: Conduct financial analysis and forecasting to support strategic decision-making and identify cost reduction or revenue enhancement areas.• Cash Management: Monitor cash flow, manage banking activities, and prepare periodic cash flow statements. Assist in developing strategies to optimize the organization's cash position.• Documentation and Record Retention: Maintain proper documentation and filing systems to ensure the availability of accurate financial records and facilitate easy retrieval during audits or reviews.• Financial Policies and Procedures: Develop and implement financial policies, procedures, and controls to ensure sound financial management practices and enhance internal controls.• Collaboration and Support: Collaborate with the team and other departments to provide financial guidance, support, and expertise. Assist in training and mentoring junior staff members, if applicable.
Knowledge:Accounting Expertise: In-depth knowledge of accounting principles, practices, and standards. Experience with fund accounting and financial reporting for NGOs or nonprofits is preferred.Financial Software: Proficiency in using accounting software (e.g., Tally, Prime/EPR, QuickBooks, SAP, or similar) and spreadsheets (e.g., Microsoft Excel) for data entry, analysis, and reporting
Skills:Analytical Skills: Strong analytical and problem-solving abilities to analyze financial data, identify trends, and provide meaningful insights. Attention to detail and accuracy are essential.Communication: Excellent verbal and written communication skills to effectively communicate financial information to finance and nonfinance stakeholders.Time Management: Ability to prioritize tasks, meet deadlines, and manage multiple projects simultaneously. Strong organizational skills are crucial for success in this role.
Mindset:Integrity and Confidentiality: Demonstrated commitment to maintaining the highest ethical standards and handling sensitive financial information with the utmost confidentiality Adaptability and Initiative: Willingness to adapt to changing priorities and take initiative to improve processes and procedures. A proactive and solution-oriented mindset is highly valued.
Qualification: Education: Bachelor's degree in accounting, finance, or a related field. Relevant certifications (e.g., CPA, CMA) are highly desirable.Experience- At least one year experience