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