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Finance Officer-Readvertised at Borno Women Development Initiative (BOWDI)

Borno Women Development Initiative (BOWDI) is a women-led, registered Nongovernmental, Non-profit Organization with its head office in Borno State, Nigeria. BOWDI has been active in Humanitarian and development activities in the Northeast, especially in education, peace-building, advocacy, food security, livelihood, and protection.

  • Experience 3 years
  • Location Borno

Summary of Key Functions:

Under the direct supervision of the Finance Coordinator the incumbent shall carry out the duties given below to achieve the mission:

  • Prepare and maintain accurate financial records, reports, and budgets.
  • Process invoices in support of payments as may be required. 
  • Review/record accounts payable and accounts receivable in line with organizational policies, and standards. 
  • Ensure that the financial system is always up to date with financial data. 
  • Manage petty cash
  • Perform any other accounting duty that may arise from time to time.
  • Ensure that all banking transactions are done on time with very minimum risk and in line with organizational policies.
  • In collaboration with other finance staff, support the HoF to reconcile bank statements.
  • Work with Operations and Business Development teams to prepare all budgets that may be required.
  • Support the HoF to routinely review and recommend the revision of policies and support in implementing same within the organization.
  • Support the preparation of month end/quarterly financial reports.
  • Support both the conduct and management of internal and external audit processes.
  • Provide support to the HoF to implement all audit recommendations.
  • Update financial spreadsheets with daily transactions.
  • Prepare balance sheets; Track and reconcile bank statements.
  • Create cost analysis reports.
  • Process tax payment; Support monthly payroll and keep organized records.
  • Record accounts payable and accounts receivable.
  • Process invoices and follow up with clients, suppliers and partners as needed.
  • Provide administrative support during budget preparation etc. 

Financial Reporting:

  • Prepare and revise finance and operations guidelines in order that they adhere to donor requirements.
  • Prepare quarterly reports, consolidated annual fiscal report, cumulative life of project report, and any other required donor submissions.
  • Manage the reporting component of the award including reconciling timesheets with financial reports; oversee administrative duties as needed.

Impact of Results

Establishing reliable and accurate accounting/financial procedures will enable efficient planning and use of resources contributing towards effective implementation of project activities.

Qualifications & Preferred Skills

Essential

  •  A degree in Finance, Accounting or Economics with at least three years of post-qualification experience.
  • A professional qualification such as CNA, ACCA, and ICMA is an added advantage.
  • A solid knowledge of financial and accounting procedures
  • Experience in using financial software like QuickBooks, etc.
  • Advanced MS Excel skills Knowledge of financial and tax regulations
  • Excellent analytical and numerical skills
  • Strong ethics, with an ability to manage confidential data.

To be successful in this role you must have: Experience in the management of a team and excellent analysis and reporting skills; with high regard toward preserving the confidentiality of work-related information and data.

CLICK HERE TO APPLY

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