Finance Officer at Young Africa International

Young Africa is a confederation of independently and locally registered affiliated branches which act as independent NGOs. Each affiliate runs training centres, youth (self-) employment programmes and community activities. We are located in Zimbabwe, Mozambique, Namibia, Botswana and Zambia.

We are recruiting to fill the position below:

Job Title: Finance Officer

Location: Nigeria
Employment Type: Full-time
Reporting to: Finance Manager and Grants Coordinator

Job Summary

• We are inviting applications for the position of Finance Officer, to be based in Nigeria.
• Reporting to the Finance Manager and Grants Coordinator, the Finance Officer will be responsible for the following duties and responsibilities:

Responsibilities

• Projects financial management and budgeting
• Responsible for the smooth running of the finance department
• Ensuring that the service in the finance department is provided correctly and in accordance with YAINT financial management and accounting procedures
• Performing financial planning, monitoring, and accounting duties.
• Carrying out internal controls in accordance with the Finance and Administration Manual.
• Preparing for internal and external audits.
• Focal person for all banking matters
• Indemnified for cash withdrawals from the banks

Within these responsibilities, tasks include:
Budgeting and Financial Planning

• In liaison with the Programmes team, prepare and monitor project budgets.
• Adjust budgets as necessary throughout the project lifecycle.

Financial Monitoring and Reporting

• Track the project’s financial performance against the budget, providing regular updates and reports to the Finance Manager and the Programmes Team.
• Ensure accurate financial data is recorded and reported
• Preparing monthly variance reports.

Financial Compliance and Auditing

• Ensure compliance with financial regulations, standards and organisational policies
• External and Internal audit preparations
• Ensure that all financial transactions are properly documented and traceable.

Reporting on financial performance

• Provide clear and concise financial performance reports to the Finance Manager.
• Financial management of the grant.
• Setting up and aligning financial management and administrative systems with existing policies and procedures
• Monitor and control expenditure accordingly
• Ensure financial and administrative compliance with donor contracts.
• Produce periodic donor reports.
• Produce monthly and annual Financial Reports.
• Track the project’s financial performance against the budget, providing regular updates and reports to the Finance Manager and the Programmes Team.
• Ensure accurate financial data is recorded and reported.
• Identify discrepancies or deviations from the budget and recommend corrective actions.
• Ensure compliance with financial regulations and standards.
• External and Internal audit preparations
• Ensure that all financial transactions are properly documented, filed and traceable.
• All tasks will be carried out in very close collaboration with the Finance Manager and Grants Coordinator.
• Any other duties as assigned by Management.

Qualifications and Experience

• At least a degree in Finance or Administration, at least 10 years of related working experience in the NGO sector.
• Experience working with Mastercard Foundation grants will be a definite advantage.
• Solid and proven knowledge of accounting, financial management, donor reporting and compliance.
• Experience managing external audits.

Application Closing Date
5th March, 2025.

How to Apply
Interested and qualified candidates should:
Click here to apply online