The Finance Manager supervises all day-to-day financial transactions to ensure an effective and efficient budgetary and financial control of the organization. S/he oversees all financial management, internal controls and financial compliance aspects of the organization. S/he provides financial and operational management to ensure the best use of resources by preparing sound budgets, monitoring project and organizational expenses, and providing accurate and timely financial reports. S/he ensures that proper financial systems for disbursement and reporting are in place. S/he ensures to keep and maintain clear and systematic records, statements and accounts of all project activities so that returns, reports and management information are made readily available as and when required.

• Key Responsibilities  

• Oversee accounting processes, policies, and service delivery.
• Review and analyze project financial reports, including cost allocation of shared costs, to verify financial transactions.

• Carry out accurate bookkeeping, including bank reconciliation and monthly postings, prepare regular financial statements and preparation of monthly management accounts i.e. preparation / posting of monthly journal entries & monthly balance reconciliations, prepare all payment vouchers and submit to the Executive Director.

• Ensure to carry out Budget Variance Analysis (BVA)
• Manage month-end closing processes for accounts payables, accounts receivables, and general ledger in the accounting system.
•  Ensure the proper completion of the month end schedules files and month end report on time.
•  Prepare monthly forecasting and the preparation of monthly funding requests
•  Monitor all bank accounts daily to ensure that accurate amount have been debited and credited and alert Executive Director when fee account reaches threshold for transfer.
• Advise management on all financial issues
• Prepare annual and midyear accounts for audit purposes and reporting to donor partners
• Supervise all day-to-day financial transactions of the organization
• Implement an effective and efficient budgetary and financial control on all organizational expenditures
• Process disbursements within proper financial systems and time
• Supervise the work of the Admin Officer in financial works carried out by her

Minimum requirements/Education

Bachelor of Science Degree in Accounting with a minimum of 5 years working experience in the field of accounting

Abilities required.

• Ability to analyze financial data, interpret trends, and provide insights to support strategic decision-making. This includes understanding financial statements, ratios, and performance metrics.
• proficiency in developing and managing budgets, as well as forecasting financial outcomes based on analysis and business trends.
• Ability to work under pressure and willingness to spend a considerable portion of the working time in the office

Skills required/Person’s specification

• An ability to analyze financial reports critically
• Be able to produce financial reports accurately and timely for stakeholders, management, board of directors and regulatory authorities
• Being meticulous in financial record-keeping.
• Adhering to ethical principles in financial decision -marking and reporting.
• Assessing and mitigating financial risks
• Keeping up with changes in financial regulations, market trends and new financial productions.