Head of Finance and Accounting at Genius Hub Global Initiative

Genius Hub Global Initiative
Job Title: Head of Finance and Accounting

Location: Benin City, Edo
Employment Type: Full-time

Tasks and Responsibilities

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  • Prepare budget according to the program requirements and staffing numbers,
  • Manage the various general funds, the operating funds, and the discretionary spending accounts to budget; keeping enough funds available to pay bills and salaries of employees, vendors, and anticipate budgetary needs in the event of unforeseen challenges, environmental crises, and financial problems (meaning no exceeding expenditures above budgetary amounts).
  • Prepare the balance sheet, profit and loss statement (income statements), cash flow statements, and statements of owner’s equity,
  • Analyze revenue and or receipts from donations,
  • Resolve accounting discrepancies,
  • Maintain cash receipts, vendor invoices, bank statements and other records of accounts as archives,
  • Submit timely daily, monthly, quarterly and year-end close reports in the expected manner as per the deadlines
  • Review and scrutinize the expenses while conducting a cost/benefit analysis to find ways to minimize costs, maximize value and improve client/customer satisfaction, volunteer/employee productivity and morale,
  • Coordinate with the internal and external auditors during audits and prepare financial audit preparation,
  • Mentor, coach and develop the intellectual capacity of local staff regarding financial management,
  • Review the presence of relevant financial documents and signed proof of payment for each expense, including salaries and consultation (invoice, receipt, Timesheets etc)
  • File financial data & documents in an organized and orderly way as soft copy and hard copy, committing to grants requirements.
  • Reconcile monthly, the projects bank account with their bank statements.
  • Prepare payroll of employees and consultants
  • Develop the NGO’s annual report in collaboration with the Auditor.
  • Lead and/or assist key stakeholders and board of directors with seeking sources for fund-raising, assisting partners and donors with assessment of and effective utilization of funds,
  • Report to board of directors and members of the finance committee.
  • Perform other duties as required.

Qualification and Competencies

  • Bachelor’s Degree in Accounting or related subject with 3-5 years of professional experience in accounting business services especially with NGOS. Accounting certification will be an added advantage.
  • Experienced user of Sage software
  • A knowledge of procurement process
  • Relevant experience in non-profit organization.
  • Understand Tax and VAT deductions and remissions.
  • Proficiency in MS Office skills, particularly Excel.
  • Good organizational skills, punctuality, and ability to meet deadlines.
  • Team spirit, proactive and detail oriented.

Application Closing Date
6th January, 2023.

Method of Application
Interested and qualified candidates should send their CV to: [email protected] using the role as the subject of the email.

Note: Only shortlisted candidates will be contacted.

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