POSITION SUMMARY
His/her responsibilities include monitoring project finances, Preparing weekly cash requests, reviewing and preparing project budgets, managing financial reporting to Donors, ensuring adherence to funder rules and regulations, coordinating with the Board and CEO on financial information required on the project, providing financial technical assistance to develop the capacity of RAN’s partner organizations and entities in the country, and acting as a resource for project staff on finance-related issues. Provides leadership and technical guidance for compliance with Generally Accepted Accounting Procedures (GAAP).
MAJOR ACCOUNTABILITIES
The Position will:
Monitor project finances, Prepare weekly cash requests, review and post transactions into RAN’s financial system, prepare project budgets, manage financial reporting to clients, ensure adherence to funder rules and regulations, coordinate financial information required on the project, provide financial technical assistance to develop the capacity of RAN’s partner organizations and entities (Government Of Nigeria), and acting as a resource for project staff on finance-related issues. Provides leadership and technical guidance for compliance with Generally Accepted Accounting Procedures (GAAP).
Oversee the timely completion and accuracy of monthly financial reports and other reports required by Donors.
Review all financial transactions and reports before escalation to the next level.
Responsible for the maintenance of adequate financial resources to support monthly program operations and sub-recipients reimbursements.
Ensure all activities related to financial management are carried out in conformance with policies and procedures established by RAN and the funder.
Coordinate with related staff to ensure that project budgets, accounting, and fiscal control procedures are implemented effectively.
Review and approve the payment for all staff.
Oversee the pre-award assessments of new implementation agencies and guides the sub-award budget development with staff.
Oversee the monitoring and review of sub-award financial reports to ensure compliance with sub-award budgets and RAN policies.
Provide recommendations and consult with management on financial projects and compliances.
Develop and maintain effective working relationships with regulatory institutions, consultants, management, and staff
require broad conceptual judgment, initiative, and the ability to deal with a wide range of financial issues.
Work with confidential data, which if disclosed, might have significant internal and/or external effects.
Examine and review documents related to the monthly accounting closure.
Analyze and submit to the Donors in time the monthly accounting documents for RAN.
Keep abreast with the latest trends in financial accounting and mentor staff.
Provide support to the internal and external audit functions.
Perform other related duties as assigned by the supervisor.
Provide leadership to financial aspects of the project, including general administrative processes, financial management, sub-award management, accounting, and logistics.
Establish and maintain sound and transparent accounting and fiscal control procedures for financial, sub-award, and operations aspects of the project.
Ensure compliance of financial and operations systems with RAN’s policies and procedures, donor rules and regulations, award requirements, and Government of Nigeria’s laws.
Develop, analyze, and monitor program budgets; monitor and track obligations and expenditures against budgets.
Advise senior leadership regularly on matters related to finance.
Provide technical assistance, as needed, to local partners on financial compliance and reporting.
Prepare and submit annual and quarterly financial and accrual reports to donors.
Contribute to the development of high-quality work plans, quarterly and annual reports, financial reports, and any other reports required by the donors.
Liaise with internal and external auditors in the review of project financial management.
EDUCATION
Bachelor’s/Master’s degree in accounting, finance and Business Administration or a relevant fields. MUST be a Chartered Accountant with ICAN or ANAN.
EXPERIENCE, SKILLS & MINIMUM REQUIRED QUALIFICATIONS
At least 8 to 10 years of relevant experience in administrative and financial management, including overseeing the finance and operations of equally large and complex projects.
Familiarity with Global Fund and United States Government (USG) rules and regulations, is required.
Knowledge of generally accepted accounting, budgeting, and fiscal control principles.
Demonstrated experience and skills in developing and managing large budgets.
Demonstrated experience in line-managing experienced finance officers.
Relevant skills in automated accounting software systems (including, at a minimum, the standard applications in MS Office) and database spreadsheets.
Experience building capacity in the financial management of community-based organizations and implementing partners.
Demonstrated ability to create and maintain effective working relations with NGO partners, community-based organizations, and international donor agencies.
Demonstrated leadership qualities in financial management expertise
Strong interpersonal, writing, and oral presentation skills in English.
Ability to work independently and manage a high-volume workflow.
Excellent interpersonal skills and experience establishing and maintaining good relationships with a wide variety of professionals and organizations.
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