Development Alternatives Incorporated (DAI) is an international development company. For more than 45 years, we have worked on the frontlines of international development, tackling fundamental social and economic development problems caused by inefficient markets, ineffective governance, and instability. Currently, DAI is delivering results that matter in some 80 countries.
Our development solutions turn ideas into impact by bringing together fresh combinations of expertise and innovation across multiple disciplines. Our clients include international development agencies, international lending institutions, private corporations and philanthropies, and national governments.
We are recruiting to fill the position below:
Job Title: Accounts Manager – PLANE
Location: Abuja, Nigeria
Duties and Responsibilities
The Accounts Manager will be responsible for the following functions:
Book-keeping:
- Coordination of payment processes and monthly bank and cash reconciliations
- Maintain accurate and complete accounting records and audit information
- Maintain cost-share records with implementing partners
- Manage the account payable ledger, and ensure prompt and correct payments to third parties
- Supervise and ensure proper recording of project assets, including proper tagging of same
Control & Compliance:
- Audit all invoices against relevant back-up documents before presenting same for payment authorization/approval
- Coordinating External audits and ensuring they are efficient and effective
- Developing and maintaining compliance review strategies, plans, initiatives, and processes
- Ensuring all reports adhere to accounting standards, rules, regulations, local filing requirements, and accounting best practices
- Ensuring compliance with all financial management policies put in place by management
- Ensuring compliance with CIT, VAT, transfer pricing reporting requirements, and other local taxes
- Preparing statements of accounting policies for the audited financials in compliance with the IFRS
- Supervising audits of processes and controls. Also ensuring conclusions are accurate, complete, and discussed with management promptly
Financial Management:
- Ensuring effective working of the organization’s financial system software
- Lead the Finance Team across all project offices
- Manage the program’s cashflows and ensure funds are requested from DAI in a manner devoid of both cash-outs and cash pileups
- Provide the wider PLANE team with reliable timely financial information and analysis of project finances with recommendations for actions
- Providing pricing support to the business development unit
- Supervising projects’ financial management start-up and close-out
- Support Finance and Admin Officers at both state and Country Office levels
Reconciliations & Reporting:
- Investigating and reporting on adverse/ unusual trends
- Preparing and reviewing of Monthly Field Expense Reports for all locations cash and bank accounts
- Preparing and presenting monthly financial reports for the Nigerian management and the global office
- Preparing and submitting periodic cash forecasts to the global office
Essential Requirements
- Degree in Accounting
- 10 years of previous work experience
- Professional qualification (ACA or ACCA) will be an added advantage.
- Knowledge of working on FCDO-funded programmes
- Knowledge of quick books
- Good understanding of financial management systems and approaches
- Excel skills
- Understand statutory requirements in Nigeria.
Application Closing Date
20th October, 2023.
Method of Application
Interested and qualified candidates should send their CV and Cover Letter to: [email protected] using the Job Title as the subject of the mail.
