Apply for Finance Officer at Young Africa
Young Africa began with a simple but powerful vision:
- to empower youth with skills for life and livelihood. In 1998, Raj A. Joseph and Dorien Beurskens founded Young Africa. They started the organisation with a start-up capital of only $1,500 and a 3-member volunteer board, with Mathieu Beurskens as the founding chair. The first training centre in Zimbabwe was opened in 2001, laying the foundation for what would become a far-reaching mission across the continent. More skills centres in Zimbabwe, Mozambique, and Namibia followed.
Reporting to: Finance Manager and Grants Coordinator
Location: Nigeria
Purpose of Job: To implement sound financial and administrative systems, financial management of donor funding.
Job Summary
We are inviting applications for the position of Finance Officer, to be based in Nigeria. Reporting to the Finance Manager and Grants Coordinator, the Finance Officer will be responsible for the following duties and responsibilities:
Responsibilities include:
- Projects financial management and budgeting
- Responsible for the smooth running of the finance department
- Ensuring that the service in the finance department is provided correctly and in.
- accordance with YAINT financial management and accounting procedures
- Performing financial planning, monitoring, and accounting duties.
- Carrying out internal controls in accordance with the Finance and Administration Manual.
- Preparing for internal and external audits.
- Focal person for all banking matters
- Indemnified for cash withdrawals from the banks
Within these responsibilities, tasks include:
1. Budgeting and Financial Planning
- In liaison with the Programmes team, prepare and monitor project budgets.
- Adjust budgets as necessary throughout the project lifecycle.
2 Financial Monitoring and Reporting
- Track the project’s financial performance against the budget, providing regular updates and reports to the Finance Manager and the Programmes Team.
- Ensure accurate financial data is recorded and reported
- Preparing monthly variance reports.
3 Financial Compliance and Auditing
- Ensure compliance with financial regulations, standards and organisational policies
- External and Internal audit preparations
- Ensure that all financial transactions are properly documented and traceable.
- Reporting on financial performance
- Provide clear and concise financial performance reports to the Finance Manager.
- Financial management of the grant.
- Setting up and aligning financial management and administrative systems with existing policies and procedures
- Monitor and control expenditure accordingly
- Ensure financial and administrative compliance with donor contracts.
- Produce periodic donor reports.
- Produce monthly and annual Financial Reports.
- Track the project’s financial performance against the budget, providing regular updates and reports to the Finance Manager and the Programmes Team.
- Ensure accurate financial data is recorded and reported.
- Identify discrepancies or deviations from the budget and recommend corrective actions.
- Ensure compliance with financial regulations and standards.
- External and Internal audit preparations
- Ensure that all financial transactions are properly documented, filed and traceable.
- All tasks will be carried out in very close collaboration with the Finance Manager and Grants Coordinator.
- Any other duties as assigned by Management.
Qualifications and Experience:
- At least a degree in Finance or Administration, at least 10 years of related working experience in the NGO sector.
- Experience working with Mastercard Foundation grants will be a definite advantage.
- Solid and proven knowledge of accounting, financial management, donor reporting and compliance.
- Experience managing external audits
Application Deadline: 5 March 2025
Method of Application
Interested and Qualified candidates should Submit letter of motivation and CV
to finance officer:
