Finance Consultant at Development Alternatives Incorporated (DAI)

Development Alternatives Incorporated (DAI) is an international development company. For more than 45 years, we have worked on the frontlines of international development, tackling fundamental social and economic development problems caused by inefficient markets, ineffective governance, and instability. Currently, DAI is delivering results that matter in some 80 countries.

Our development solutions turn ideas into impact by bringing together fresh combinations of expertise and innovation across multiple disciplines. Our clients include international development agencies, international lending institutions, private corporations and philanthropies, and national governments.

We are recruiting to fill the position below:

Job Title: Finance Consultant - USAID Nigeria State Accountability, Transparency and Effectiveness (State2State) Activity

Location: Abuja
Job Type: Full Time

Job Description

• Prepares relevant reports and ensures that all state transactions follow USAID standards and regulations and DAI policies and procedures as outlined in the Field Operations Manual (FOM).
• Manages the state’s administration processes, collates financial and technical reports, and ensures timely and accurate financial reporting aligned with technical outcomes.
• Provides the Senior Accounting Manager (Abuja Office) and the Accountant (Abuja Office) with the appropriate financial and operating information, as necessary, allocates project funds among the state’s various program activities, works closely with other departments in the state on problems involving accounting systems and financial planning.
• Helps establish and maintain adequate systems of control to protect against financial misstatement in accordance with applicable government accounting and administrative regulations; supports the federal level in coordinating the state’s annual and another financial audit including preparation of supporting schedules and information; responds to auditor questions (in coordination with Abuja Office) and consolidates report formats.
• Support to manage all banking activities including withdrawals, deposits, and preparation of all bank payments and checks.
• Records all financial transactions in the Field Expense Report (VFER) daily; ensures accurate and timely processing of invoices, advances and reimbursements, checks, and wire transfer payments; uploads the expenses into Oracle based on DAI’s schedule.
• Support to perform monthly bank reconciliations and routinely monitor bank account balances.
• Works with the Senior Accounting Manager to approve and distribute travel advance amounts based on State2State travel advance policy; audits travel requests and expense reports for accuracy and compliance.
• Follows procedures to ensure accurate and timely payment and reconciliation of travel advances, and reimbursements for staff and partner travel.
• Reviews and monitors outstanding advance report(s) paying close attention to and reporting to the Senior Accounting Manager advances that have not been settled after 30 days of issuance.
• Other related duties of a reasonable nature as assigned by the supervisor or designee.

Reporting:

• The Finance Consultant will be technically supervised by the Senior Accounting Manager.

Minimum Requirements

• A Bachelor's Degree in Finance, Business Administration, Public Administration, Economics, or other relevant field is required. An advanced degree is preferred.
• At least 8 years of experience in finance and accounting. Previous experience working on US government-funded projects is highly preferred.
• Strong training, communications, and personnel management skills.
• Previous supervisory experience is highly preferred.
• Strong oral and written English language communication skills are required.
• Must be willing to be trained and be able to train others.
• Must be organized and able to effectively prioritize work as and when necessary.
• Computer skills: proficiency in MS Suite (Word, Excel at a minimum).

Application Closing Date
10th May, 2024.

Method of Application
Interested and qualified candidates should send their CV and Cover Letter to: [email protected] and copy: [email protected] using the Job Title as the subject of the email.