Our Client a faith based organization is seeking to hire a Finance Associate
Job Objectives:
The role is responsible for providing financial and administrative services to the church by way of maintaining financial records, producing required reports and general administration of the finance function as assigned
- Collation of all submitted budgets and planned expenditure to Head Of Finance (HoF)
- Ensure disbursements are in line with approved budget
- Inflows: Preparation and submission of service reports within 24hours after the event
- Reconciliation of all accounts (cash, cheques, online transfers).
- This is to be done daily, weekly and monthly. These should thereafter be filed for audit purpose
- Reconciliation of budgets and expenses for different events or projects
- Reconciliation of all card transactions (Naira & USD)
- Preparation of correspondences to banks and other parties
- Management of existing relationships with all external stakeholders
- Attend and resolve issues with internal parties, auditors, banks, congregants and vendors
- To escalate these issues when necessary to the HoF
- Preparation of periodic financial statements for managements use
- Up to date and regular posting of transactions on the accounting software
- Processing of transactions on Enterprise Resource Planning (ERP) for Reports
- Regularly updating the Fixed Asset Register and report to HoF
- Accounting for obsolete assets on the Register and escalate to the HoF
- Regularly updating the Insurance Register and report to HoF
- Treatment of Prepayments and Accruals for all insurance of the Organisation
- Ensure availability on all service days.
- Provide support during the counting of offering from start to finish
- Ensure accuracy of data compiled for the service report before submission to HoF
- Disburse and account for all petty cash expenditure by sending periodic report
- Request for replenishment when due
- Fixed deposit management using an excel sheet and ERP to track additions, roll over, maturity
- Monitoring and calculation of interest rates to determine investment income
Requirements
- Degree in Finance, Accounting, Economics.
- Professional Certification is a must ACCA, ACA.
- Minimum of 3 years accounting experience.
- Up-to-date knowledge of accounting procedures & practices
- Experience using accounting ERP solution packages; and QuickBooks
- Budget Planning & Control
- Cash flow Management
- Bank Reconciliation
- Financial Data Analysing & Interpretation
- Stakeholder Management
- Financial Control & Audit
- Up-to-date knowledge of IFRS and theories
- Proficient word processing and excel spreadsheets skills