Finance Manager

Manage financial operations and ensure compliance with regulations.

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Overview

Manage financial operations and ensure compliance with regulations.

You have:

  • Bachelor’s degree in finance, Accounting, Business Administration, or related field.
  • Master’s degree or professional certifications (CPA, ACCA) preferred.
  • At least 5-7 years of relevant finance and accounting experience, preferably in an INGO or non-profit.
  • Strong knowledge of finance management software (Quick Books Online Version) and MS Office, especially Excel.
  • Excellent problem-solving and analytical skills.
  • Ability to communicate complex financial matters clearly to non-financial audiences.
  • Strong leadership and team management abilities.
  • Ability to adjust to a multicultural setting and changing circumstances.

Description

Job Title: Finance Manager Location: Freetown Organization: Street Child of Sierra Leone Reports to: Finance Director, Sierra Leone (SCoSL) Employment Type: Full-time

Job Summary:

The Finance Manager will be an important member of the team tasked with handling the financial management of Street Child, Sierra Leone. This role will ensure strict adherence to SCoSL’s Standard Operating Procedures (SOPs), donor rules & regulations, and local laws, while giving financial advice to support the organization achieve its’ goals and objectives. The best person will have good analytical skills, attention to details, and a strong focus on transparency, ethical character, time management and accountability in international development programming.

Key Responsibilities:

Financial Management:

  • Oversee all finance operations including budgeting, forecasting, and timely reporting on the various grant
  • Ensure strict adherence to financial rules and processes to ensure sound financial practices.
  • Manage annual budget preparation and financial plans, with program teams and management.

Accounting and Reporting:

  • Ensure accurate and timely financial reporting, including monthly statements, cash flow forecasts, and variance analyses.
  • Prepare donor financial reports in compliance with donor contractual obligations rules, and regulations.
  • Manage and oversee the controls around the accounting system – Quick Books accounting System
  • Manage daily entry data entry in the accounting system (Quick Book Online version)
  • Oversee necessary accounting controls in compliance with SCoSL rules and local regulations applying to SCoSL.
  • Carry out bank reconciliation by the 5th of every month
  • Provide financial oversight and support to program managers, ensuring proper financial planning and monitoring of projects.
  • Conduct regular financial spot checks to ensure compliance with the organization’s SOPs.

Grant Management:

  • Monitor grant budgets and spending, making sure that ScoSL complies with donor rules and prudently utilize resources.
  • Prepare monthly Variance reports (Budget Vs Actual)
  • Provide financial support to program managers for proper planning and monitoring of project budgets.
  • Assist with grant proposals and budget submissions.

Cash Management:

  • Oversee cash flow to guarantee optimal liquidity for program operations.
  • Manage bank relationships and ensure timely payment of vendors and service providers.

Team Leadership:

  • Supervise finance staff, providing training and support for efficient delivery in the department.
  • Promote a culture of financial accountability and transparency in the organization.

Strategic Planning:

  • Work with senior management to create financial plans that match the organization’s goals.
  • Provide financial analysis for decision-making and planning.
  • Compliance and Risk Management:
  • Ensure compliance with financial rules, policies, and international accounting standards.
  • Timely identification of potential financial risks and deploying measures to mitigate the risks.

Qualifications:

Education:

  • Bachelor’s degree in finance, Accounting, Business Administration, or similar field. A master’s degree or professional certifications (CPA, ACCA) are preferred.
  • Experience:
  • At least [5-7] years of relevant finance and accounting experience, preferably in an INGO or non-profit.
  • Demonstrated experience in financial management, budgeting, and reporting.

Skills:

  • Strong knowledge of finance management software (Quick Books Online Version) and MS Office, especially Excel.
  • Excellent problem-solving and analytical skills.
  • Ability to communicate complex financial matters clearly to non-financial audiences.

Personal Attributes:

  • High integrity and commitment to the mission of SCoSL.
  • Strong leadership and team management abilities.
  • Ability to adjust to a multicultural setting and changing circumstances.
  • Application Process:
  • Interested candidates should send their resume and a cover letter with their qualifications and experience to the supplied link.
  • SCoSL is an equal opportunity employer and encourages all individuals to apply. We aim to create an inclusive workplace for everyone.

Potential interview questions

Can you provide an example of how you ensured compliance in financial reporting? This question assesses your knowledge of compliance regulations and your practical experience with financial reporting. Discuss a specific situation where you applied regulations to ensure compliance.
Describe a time when you had to prepare a budget. What challenges did you face? This question evaluates your budgeting capabilities and problem-solving skills. Pro members can see the explanation.
How do you prioritize tasks during busy periods in finance management? Pro members can see the explanation. Pro members can see the explanation.
Give an example of how you've led a finance team to achieve a specific goal. Pro members can see the explanation. Pro members can see the explanation.
What steps do you take to mitigate financial risks in a project? Pro members can see the explanation. Pro members can see the explanation.
Added 1 year ago - Updated 1 year ago - Source: street-child.org