Lead and manage members of the finance team to build their capacity and strengthen competency and professional development: this will help maximize the performance of the staff in the finance team and enhance their job satisfaction.
Ensure timely accurate preparation of the organizations monthly financial management accounts, effective management of a team of accountants. Implementation of effective controls and processes. Identification of risks and efficacy opportunities.
Prepare donor financial reports in line with donor reporting requirements and standards,in close liaison with budget holders and Senior Management Team (SMT).
Coordinate the financial audit, preparation of statutory accounts and annual reports of . comprehensive planning, data preparation and coordination with internal and statutory auditors and SMT.
Ensure contractual obligations are financially sound and appropriate for the organization. Closely monitoring all contractual obligations, raising concerns with SMT and seeking counsel where appropriate.
Ensure total compliance of all statutory & regulatory requirements including:a) FCRA b) Companies Act c) Income Tax & all other tax regulations.
Handling of Due Diligence process, capacity audit etc. undertaken by any prospective donor/ prospective project.
Contribute to the strategic direction of ensuring adequate finance systems are in place to support expansion.
Lead the annual business planning process for finance and advise on financial aspects of other areas of business planning.
Financial Management and Reporting
Coordinate and maintain a cash flow management and forecasting system whereby adequate funds are available for programme needs: following up and ascertaining donor cash inflows, strict expenditure control and a strong understanding of programme requirements.
Ensure timely preparation of annual operational and capital budgets, performing revisions where appropriate: