The Nigerian Red Cross, as part of its strategic plan to position itself as Nigeria’s leading humanitarian and disaster management intervention organization, is currently recruiting highly professional and mission-focused individuals to fill the key position below in the organization.
Successful candidates will be joining a visionary organization with an extensive network of local branches in every state and over 800,000 volunteers working closely with those in need of humanitarian assistance.
We are recruiting to fill the position below:
Job Title: Head of Finance and Resource Management
Location: Abuja
Reporting lines: Reports to Secretary General
Job Purpose
The head of finance Provides strategic direction and guidance to finance department.
He/she is in charge of planning, directing, organizing and controls the operations of the department to ensure NRCS achieves its mandate in accordance with accepted accounting principles and NRCS policies and procedures.
Duties and Responsibilities
Financial planning:
Contributes to NRCS strategy planning and development. Leads the budgeting process and guides the management on compliance and rationalisation.
Provides technical support to budget holders/head of units in development of their budgets.
Support in fund raising strategies and putting supportive systems in place to ensure accountability
Oversees cash flow management process, making sure that funds are available for operational use. Coordinates cash forecasts with HoD´s and branch teams.
Consolidates the NRCS budgets and give an overview picture to the senior management team.
Reviews monthly budget monitoring reports and take corrective action
Accounting and book keeping
Oversees payment process to ensure that all transactions are within accepted standards and in accordance with laid down processes
Set up a functioning accounting system that ensures transactions are captured accurately and on a timely manner
Set up a month end calendar and ensure it is strictly adhered to
Reviews and validates all balance reconciliations
Carrying out frequent data backups for the finance department
Maintaining proper physical files and computer files and folders to enable easy retrieval of information by the organisation and others.
Internal Controls:
Set up water tight systems and procedures that aim at safeguarding organisations assets against loss due to errors or fraud
Finance policy custodian- Regularly revise the finance manual & internal procedures as needs arise
Evaluating internal control system and procedures, highlights the short comings and implementing necessary recommendations
Ensures adequate separation of roles in the finance department
Puts in place approval matrix and ensures the limits are strictly adhered to.
Supervises asset management, ensures the verification exercise is done on regular basis, asset register is updated and approved.
Cash and bank payments are done in accordance with laid down process, ensuring monthly reconciliation is done.
Financial Reporting:
Provides financial information to management for decision making.
Ensures flow of financial information is done in a systematic manner-Monthly and quarterly reports
Prepares statutory financial reports on a timely manner and share with relevant authorities
Reviews and validates partner/donor reports
Managing staff in the finance department so that all staff are able to perform & fulfil their responsibilities
Develops finance structure and ensures the department has adequate expertise in achieving efficiency, effectiveness in supporting NRCS using customer oriented approach
Participates in recruitment of new staff within the department
Inducts and training of new staff
Effective delegation, support and follow up to build capacities of finance staff
Maintaining a motivated and effective team
Periodic establishment of objectives and carrying out regular performance reviews
Supporting finance staff in development of learning objectives and championing necessary training opportunities with the aim of increasing departments expertise
Building and maintaining good team work spirit and cooperation between finance and programme,
Ensuring programme staff are trained in relevant aspects of financial management
Participation in regular project management meetings
Ensuring a proper understanding of field operations, including risks and practical limitations.
Audit and risk management
Prepares for external audit and ensures auditors get full access to financial information required for the purpose of audit
Support in addressing management comments and adopting audit recommendations-Comes up with plan of action to address management comments.
Together with the internal auditor, identify organisational risks and develop a plan of action to mitigate the risks.
Requirements
Education:
Master's degree in Business Administration
Master's in Finance/Accounting.
Bachelor's of Commerce in Accounting or Finance Management
Certified chartered accounts/Certified Public accountant.
Experience:
CPA, ACCA or equivalent experience;
At least 10 years professional experience, including working in Non-Governmental Organization
Proven experience in staff supervision.
Experience with large ERP systems, as well as knowledge of accounting software preferred;
Strong financial analysis and excel skills;
Strong accounting knowledge, analytical/problem solving skills, creativity and initiative.
Ability to work effectively in a diverse team environment and effectively promote the NRCS's mission, values, and objectives.
Ability to identify financial, operational and compliance risks, and to develop appropriate recommendations.
Ability to work in a cross-functional team environment.
In depth knowledge of accounting principles, finance and funder regulations
Excellent organizational skills and strong customer service focus and analytical skills.
Excellent interpersonal skills.
Strong verbal and written communication skills in English.
Application Closing Date
11PM; 8th February, 2019.
How to Apply
Interested and qualified candidates should send their CV to: [email protected]