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Finance Manager NGO Job Action Against Hunger
NGO Jobs. Action Against Hunger Jobs.
Key activities & responsibilities to achieve this objective:
- Responsible for ensuring that all expenses are relevant to the activities implemented at HEARO and are according to existing allocated financial resources.
- Responsible for ensuring the timely, precise and transparent monthly financial reporting to ACF Head Quarter (HQ), monthly Budget Follow-Ups (BFUs) updated and uploaded into NHF.
- Responsible for ensuring the timely, precise and transparent financial reporting according to the periodicity, format/templates and rules agreed in the contracts.
- Ensures that donors` rules are always complied with.
- Ensure that the Nairobi office running costs are proportionate to the volume of activities of the projects.
- Responsible for re-charges to ACF USA missions and HQ for expenses incurred by Nairobi office on their behalf and reconciling intercompany accounts.
- Check that all expenditures are authorized, related to budgets, reasonable; justified (quality of the invoices/receipts, description, etc.); entered in the financial system in the correct period and correct budget code.
- Properly allocate shared costs (at least monthly) to ensure each project/fund pays a fair share of its costs.
- Ensure all accounting documents are filed (digitally/online and manual) and retrieved as/when required.
- Sending comments/questions to Nairobi office staff about irregularities in accountancy and making sure to get feedback and that issues are addressed.
- Compile and send monthly reports to HQ/RFS: (treasury forecast, burn report, signed closing checklist).
- Study and be informed about clauses of contracts with donors, changes in procedures for reporting and requirements of donors.
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Objective 2: Budget Management & Monitoring
- Key activities & responsibilities to achieve this objective
- Providing inputs during budget formulation
- Compile Monthly Budget Follow-ups (BFU), distribute to relevant staff highlighting issues like over/under expenditures or incorrect posting.
- Participating in budget review exercises and CFP preparation for HEARO.
- Provide recommendations to improve BFUs and BFU process.
- Review country financial plans (CFP), revise and recommend changes prior to submission to RFD.
- Support assigned COs in preparation of proposal budgets and budget realignments.
- Support in uploading of award/departmental budgets into financial management system.
Objective 3: Treasury Management and Payroll
- Key activities & responsibilities to achieve this objective:
- Cash flow management: Compilation of Regional Office cash forecasts and sending cash request (treasury forecast) to the RFS by 25th monthly; bank transfers/Intercompany; withdrawals.
- Directly manage and/or follow-up the managing of bank accounts (all currencies): authorization of withdrawals and preparation of transfer forms, statements collection, cheques deposit, continuous provisioning, performing monthly reconciliations by 7th monthly.
- Promote HEARO’s cashless operations culture and manage any existing petty cash professionally.
- Uploading payments for suppliers and other payables in bank system and in financial management system.
- Monitoring and negotiating exchange rates for both internal & external transfers.
- Uploads salary payments in bank system in liaison with HR Generalist by the deadlines given. Payroll must be processed and paid by the 25th monthly.
- Ensure all payroll related expenses are posted in the respective month.
- Ensure all deductions (statutory or otherwise) are remitted to relevant authorities within agreed/statutory deadlines and proper archival system maintained for the same.
Objective 4: Audits and Risk Management
- Key activities & responsibilities to achieve this objective
- Take a leading role in preparation for HEARO annual statutory audit, internal audits & various award-specific audits.
- Review of audit samples and ensuring availability of all the supporting documents.
- Take lead in answering any audit queries that may arise during the audit exercise.
- Provide management comments and share with RFD and RFS for review prior to submission.
- Supporting missions and HQ on audits by providing documents originating from HEARO.
- Inform the Regional Finance Director (RFD) and be vigilant about any possible financial risk ranging from over/under expenditures, potential ineligible expenditures, need for renegotiating budgets etc.
- Identifying structural weaknesses and proposing administrative/financial improvement in the Regional Office. Share recommendations with RFD and assigned Regional Finance Specialist (RFS)
Objective 5: Country Finance Oversight, Capacity Building and Quality Assurance
- Reviews and ensures the regular and timely production of the accounting reports from assigned ACF-USA country offices to be treated and integrated at global level.
- Oversee internal control processes and appropriate use of financial resources ensuring that ACF-USA COs are working in accordance with internal financial procedures, donor rules and regulations.
- Proposes and leads improvements in finance processes for country offices specific to the FM’s scope of work.
- Provides technical guidance, mentoring, capacity building and professional development solutions to CO accounting staff.
- Plays a key role in the performance management of CO Finance staff by providing input on their technical skills, the accuracy of their work and timeliness of budgeting and reporting.
- Oversee the preparation of required reports to ACF network partners and donor agencies (USAID, EU, ECHO, UN, etc.) based on assigned CO expenditure.
- Identifies, adapts and implements best practices in the areas of financial management, accounting and/or compliance from other INGOs and private sector organizations to improve processes, systems and ways of working at country and/or regional level.
Objective 6: Process Improvements, Collaboration and Period-end Procedures
- Proactive exchange of relevant information and consultation with the HEARO Office and CO Finance teams.
- Guide and collaborate with Finance teams to ensure assigned COs perform required period end procedures within defined timelines.
- Lead assigned COs in preparation of accounting schedules and signing off closing checklist.
- Provide key stakeholders within assigned scope with accurate financial data and information for decision making, management and control.
- Short-term deployments to other missions as/when necessary and undertaking regionwide assignments.
- Make recommendations regarding budgeting to ensure reasonable provisions are included to meet general management, financial management, and audit requirements.
- Serve as the primary contact with auditors for areas specific to the FM’s scope of work during financial audits.
- Review cash projections for assigned CO’s and assigned RFS in consolidation.
- Review and learn ACF-USA Financial Policy and Procedures while creating recommendations to improve these policies and procedures.Â
Requirements
- Bachelor’s degree in accounting, finance, economics or related fields.
- CPA/ACCA qualifications
- Experience: More than 5 years’ experience in finance/accounting with international donor-funded organizations. Preference will be given to those who are working/have worked with ACF.
- Financial Acumen: Expertise in preparation of financial statements, supporting audits, Â forecasting, financial reporting, risk management, and strategic planning.
- Technical Skills: Proficiency in Excel, PowerPoint, and Sylogist (Microsoft Dynamics) financial management/accounting system.Â
- Communication: Excellent verbal and written skills to present complex data to financial and non-financial stakeholders.
- Analytical Skills: Strong critical thinking, problem-solving, and data interpretation.
- Adaptability: Ability to work under pressure, manage tight deadlines, and adapt to change.
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