Finance Coordinator
Expired 1 week ago!
Related Jobs
Accounting and Finance Jobs
Jobs in Somali
Community in Action Against Poverty (CAAP) Jobs
- Job Description:
- CAAP BackgroundCAAP is a local organization registered in 2018 by FDRE Authority for Civil Society Organizations – ACSO, delivering emergency and development programs in the Somali region. CAAP is looking for competent, committed & professional staff to fill the Finance Coordinator position in Jijiga, Somali Region, EthiopiaJob Purpose Summary: The Finance Coordinator is accountable for the sound financial, accounting and budgetary management of CAAP EthiopiaResponsibilities:
- Supervise and approve regular accounting, including monthly reconciliations, monthly and yearly closing of accounts, monthly journal entries
- Supervise cash and bank balance checking process when closing the monthly accounts
- Coordinate projects and annual budgeting, ensuring alignment with organizational objectives, and donor regulations
- Analyze budget vs. actual performance, identifying cost-saving opportunities.
- Collaborate with the program staff to monitor actual and forecasted expenses against budget to avoid under and overspending on the projects; comply to the flexibility rule
- Manage cash flow, accounts payable/receivable, and general ledger functions
- Anticipate financial risks, present budget updates and mitigation plans and report them to the
- Ensure effective budget management through monthly BVA, spending plan and compliance review and constructive feedbacks shared with respective unit on monthly basis
- Prepare and review financial statements and reports with precision and compliance.
- Monitor financial performance, analyze variances, and provide recommendations for improvement
- Ensure the compliance of financial reports with donors and internal rules and procedures
- Ensure adherence to accounting principles and regulations.
- Implement robust financial policies and procedures for efficiency and risk mitigation.
- Ensure the compliance of financial reports with donors and internal rules and procedures
- Review administrative/financial terms of contracts before signature (payment & financial reporting schedule, etc.)
- Coordinates external and internal audits, serves as major focal point for planning and conducting audits;
- Lead the process of the ongoing improvement of financial systems and internal controls.
- Follow-up payments from donors and financial project close-out (contract liquidation)
- Mentor and guide finance team members to foster continuous improvement.
- Set performance objectives and support professional development
- Capacity building of the program teams in financial management;
- Comply with CAAP policies regarding child protection, Code of Conduct, PSEA, Child Safeguarding, CRM, Health and Safety, Equal Opportunities, and donor policies and procedures.
- Actively promotes PSEA standards within CAAP and among partners and beneficiaries.
- Perform additional tasks as requested by the line manager.
Number of Positions: One (1)Starting date: ASAPContract duration: 1 yearCareer Level: Senior Level (4-6 years’ experience) - Job Requirements:
- Required Qualifications, Experience and Skills
- Bachelors/Master degree in Accounting, Business Administration, financial management
- Minimum 6 year of relevant experience for BA holders and 4 year for Master holders in grant compliance, auditing, and financial management
- Proven and progressive experience in financial management of different donors in NGO setting
- Significant experience in financial monitoring, budgetary systems, and controls with strong analytical skills
- Proven ability to prepare budgets and donor financial reports.
- Demonstrated capacity and prior experience in staff management and supervising others as a coach/mentor to develop financial skills of colleagues
- Awareness of international accountability standards including HAP (Humanitarian Accountability Partnership) and a demonstrated commitment to promoting these standards in ways of working and project implementation
- Proficiency in Microsoft Office programs, i.e., Excel, Word, PowerPoint, etc., and the ability to use various commercially available accounting software programs (particularly QuickBooks online) is preferable
- Fluency in English, Somali and Amharic is required
- Posted:
- 04.18.2024
- Deadline:
- 04.24.2024
- Job Category:
- Accounting and Finance
- Employment:
- Full time
- Location:
- Jigjiga, Somali
Community in Action Against Poverty (CAAP)