Finance Officer At Mediatrix Development Foundation (MDF)



Finance Officer At Mediatrix Development Foundation (MDF)


Mediatrix Development Foundation (MDF) is an initiative of Her Excellency, Dr. Mrs Linda Ayade who also sits on the Board as President of the organization which is aimed at improving the lives of women and children by reducing the burden of communicable and non-communicable diseases, within these target populations in Cross River State through effective collaboration with Government MDA’s and other relevant stakeholders and partners.

We are recruiting to fill the position below:

Job Title: Finance Officer.

Job Department: Administration

State: Cross River State

Publication Date: 15/04/2024

Application Deadline: Applications would be open until a suitable candidate is employed.

Employment Type: Contract

Duration: 1 Year with possibility of extension (based on performance)

Key Roles

Under the general supervision of the Chief Operating Officer, the Finance Officer will:

  • Support in the training of new employees/assistants in the accounting department.
  • Assign financial responsibilities in consultation with the Chief Operating Officer.
  • Conduct financial evaluations that are timely and constructive.
  • Prepare corporate financial statements in a timely fashion.
  • Create and maintain financial controls and procedures for MDF.
  • Conduct periodic audits of budget items, including comparing per diems to actual expenses and other budget-to-actual comparisons.
  • Provide relevant financial information to the Principal/CEO
  • Prepare finance SOPs and applicable documents.
  • Oversee and take responsibility for all financial procedures and records.
  • Maintain corporate checking accounts and invoices.
  • Responsible for the various ledgers, including cash disbursements, cash receipts, accounts payable, month-end payroll summary, accounts receivable summary, and journal entries to adjust the general ledger.
  • Generate monthly reports, including accounts payable reconciliation, accounts receivable reconciliation, cash flow report, and balance sheet audits.
  • Performs other related duties as requested by Mediatrix foundation.
  • Use QuickBooks in managing organization financial data.
  • Review of contractual performance of projects with Project Lead, proactively working to address financial/compliance issues; escalate risks and issues to line manager when needed.
  • Maintain a donor tracking mechanism to track all grant management performance indicators for effectively monitoring of grant activities to ensure progress and KPIs are met.
  • Conduct of Compliance review of all donors’ financial reports and proactively flag issues relating to cost recovery, expenditure rate, and value for money.
  • Ensure Complete and reliable financial information is maintained- conduct budget vs. actuals budget analysis; ensuring appropriate expensing and coding of award costs; analyze Life of Award (LoA) reports for financial monitoring of spend; conduct general ledger reviews, as needed; and determine corrective actions necessary to resolve errors.
  • Support budget preparation, modification and ensure timely reflection on QuickBooks.
  • Review and ensure donor reports are coherent, accurate and submitted timely.
  • Maintain and update Finance files (electronic and hard copy files)

Qualification

  • Bachelor’s degree in Finance or Accounting.

Experience and Skills

  • Minimum of 3 years’ experience as an Accountant
  • ICAN Qualified or in progress will be of advantage.
  • Understanding of key aspects of accounting
  • Experience with Donor projects
  • Proficiency in Microsoft Office programs, especially Excel spreadsheets, or comparable software
  • Ability to use basic accounting software (i.e. QuickBooks)
  • Demonstrate good judgment and sound financial “common sense”
  • Ability to create and monitor budgets. Understanding of the basic tenets of Cash Control, Asset Management, and Bank Reconciliation
  • Understanding of principles of adequate documentation of audit, and performance necessary to ensure audit compliance.

Method of Application

All applicants are requested to submit the following documents to the following email address: [email protected]

  • A cover letter describing the candidate’s desire and motivation to work for MDF and how her/his qualifications and experience are a good fit for this position.
  • Curriculum Vitae (CV) in English, including three (3) professional references with contact information, phone and email address.

Only shortlisted candidates will be contacted.

Application Deadline: Applications would be open until a suitable candidate is employed.

Thank you for your interest in Mediatrix Development Foundation.

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