Finance Manager
Manage financial operations and ensure compliance in Regional Hub.
Overview
Manage financial operations and ensure compliance in Regional Hub.
You have:
- Masters in Finance, Accounting or related field.
- Minimum of six (6) years’ experience in a similar role in a well-structured environment.
- Possession of ACA/ACCA would be an added advantage.
- Experience in WorldBank operations would be a plus.
- Strong analytical mind with hands-on experience in ERP/computer applications like Oracle.
- Excellent MS Office competence.
- Good command of both written and oral English.
- Some understanding of written French would be an advantage.
Position: Finance Manager
Duration: 3-year renewable Location: Ibadan
DUTIES:
- Prepare monthly reports across all Regional Hub Program Cost Centers for effective and efficient internal financial management.
- Advise and communicate with the Regional Hub project team on project financial status, availability of funds for project activities, and other financial and compliance-related matters.
- Liaise continuously with the Headquarters Finance team to ensure the highest level of compliance with IITA policies, regulations, and procedures.
- Ensure strict compliance with specific project rules, regulations & contract terms.
- Maintain financial reporting and tracking systems providing data measurements on the financial performance of project activities and expenditures against overall objectives
- Develop and prepare for donors and IITA Finance, timely monthly, quarterly, and annual financial reporting and accurate financial projections throughout the fiscal year. Develop, analyze and monitor program budgets’ spending.
- Handle all consolidated expenditure justification reports and retrieve all backup support documents for IITA internal i.e. Project Development & Administration Unit and Donor reporting.
- Prepare and review relevant partnership agreements, ensuring all mapping/categorization of respective expenses are in line with Donor Report requirements and project workplans
- Support annual budget development processes and provide financial assistance to teams developing new funding proposals.
- Continuously review all financial transactions and resolve issues arising.
- Monitor and report on actual spending, including compliance with instituted controls and donor requirements/compliance.
- Prepare monthly Bank Reconciliation handing all imprest reports, including attendant controls.
- Verify all partners’ expenses based on the support documents submitted with the financial reports on various Regional Soil Health Hub partners and IITA staff.
- Review all staff cost-related payments charged to the Regional Soil Health Hub Cost Centers for propriety and correctness.
- Monitor risk management factors to ensure financial sustainability of the Regional Hub.
- Process all Regional Hub staff travel advances, claims and reimbursements.
- Handle Fixed Asset register, including tagging and reconciliation.
- Perform any other finance-related tasks as may be assigned by the Supervisor.
Requirements
QUALIFICATIONS:
Masters in Finance, Accounting or any related field with a minimum of six (6) years’ experience performing similar role in a well-structured environment, possession of ACA/ACCA would be an added advantage. Experience in WorldBank operations would be a plus.
COMPETENCIES:
The ideal candidate must:
Have strong analytical mind, with hands-on experience in any major ERP/ computer application e.g. Oracle application.
Agile self-learner who is not afraid to ask questions to clarify tasks and reduce/avoid predictable inefficiencies at execution stage.
Have excellent MS Office competence.
- Strong service and support mindset, and an excellent eye for details in numbers and narrative.
- Have a very pleasant personality, good team player, honest and good command of both written and oral English.
- Ability to work efficiently and effectively under pressure of tight deadlines.
- A proactive problem solver with the ability to adapt to changing project needs and priorities.
- Some understanding of written French would be an advantage.
Benefits
We offer highly competitive salaries with equally attractive benefits and excellent working conditions in a pleasant campus environment.
Potential interview questions
Can you describe your experience with financial reporting and analysis? | To assess your direct experience relevant to the role. | Highlight specific examples where you improved reporting processes or outcomes. |
How do you ensure compliance with financial regulations? | To gauge your understanding of financial compliance. | Pro members can see the explanation. |
Describe a challenging financial problem you solved. | Pro members can see the explanation. | Pro members can see the explanation. |
What ERP systems have you used, and how proficient are you? | Pro members can see the explanation. | Pro members can see the explanation. |
How do you handle tight deadlines and pressure in financial management? | Pro members can see the explanation. | Pro members can see the explanation. |
What strategies do you use for monitoring budgets? | Pro members can see the explanation. | Pro members can see the explanation. |
Can you provide an example of how you improved a financial process? | Pro members can see the explanation. | Pro members can see the explanation. |
How do you communicate financial information to non-financial stakeholders? | Pro members can see the explanation. | Pro members can see the explanation. |