Purpose: To establish and manage finance function at NGO institute
Establish and implement financial procedures in line with organizational requirements
Recording and reconciliation of project recoveries and income recognition.
Timely and accurate recording of all financial transactions in line with organizational and donor requirements and deadlines.
Establish and prepare accurate and timely information for budget monitoring and progress reporting of programme funds and grants.
Provide financial management advice on revisions of budgets, preparing periodical forecasts and any changes needed
Monitoring of the petty cash and bank balances to ensure sufficient funds are always available depending on the programme needs.
Management and reconciliation of the bank and cash accounts, preparation of the weekly cash counts and monthly financial records including cashbooks, to be submitted to Head Office, ensuring financial and resource accountability and effective management for records as required for auditing.
Disbursement of cash advances and reconciliation to ensure recovery.
Control of salary payments to staff, including national insurance and tax liabilities, reconciling the same and monitoring medical expenses, subsistence allowances, mobile phone usage, etc.
Collection and filing of regular financial reports and budget records.
Auditing the cost accounts for the projects
Represent Institute budgets and finances to relevant stakeholders when requested
Recruit and manage Finance staff in line with good organisational practice.