Head of Finance 118 views

BudgIT is a creative start-up driven to retell the West African budget and public data in a finer detail across every literacy span. We aim to stimulate citizens interests around public data and hence trigger discussions towards better governance.

Location: Lagos

Job purpose

The Head of Finance is a member of the executive management team with a leadership role in the organization’s financial decision-making.

S/he manages all aspects of financial risk; develops and implements financial systems; manages relationships with donors on all finance-related matters; ensures compliance with regulatory and donor requirements; and ensures a sustained financial health of the organization.

Key working relationships

Key working relationships will include: Directors, Principal Lead, program teams, finance team, regulatory agencies, financial institutions, and donors.

Key responsibilities:

Strategic Financial Planning and Analysis

  • Serve as a key member of the executive management team and participate in organizational decisions that contribute to the implementation of its strategic vision and sustainability.
  • Assess and evaluate the financial performance of the organization with respect to organizational goals, budgets and forecasts, and provide analysis as required.
  • Create yearly financial objectives with the executive team that align with the organization’s strategies and current and projected grant portfolio.
  • Develop annual revenue projections and organizational budget, monitor and make recommendations for adjustments throughout the year.
  • Oversee investment of private funds to maximize returns at an acceptable risk level.
  • Contributes strategically to grant proposal writing on finance-related aspects.

Accounting and Financial Management

  • Ensure the effective and transparent use of financial resources in compliance with BudgIT’s and donor policies and procedures.
  • Manage overall financial operations to ensure accuracy in financial reporting and compliance with regulatory and donor requirements
  • Review and ensure the application of appropriate internal controls and financial procedures.
  • Oversee and maintain good working relationships with regulatory agencies and financial institutions.
  • Provide standard accounting reports, including general ledger files, account and bank reconciliations, program costs, grant reporting, as well as other financial information in a timely and accurate manner.
  • Coordinate audits with independent auditors and regulatory agencies.
  • Enhance and implement financial systems, procedures, and tools.

Technical Leadership:

  • Provide leadership and mentoring to members of the Finance Department to build a world-class financial system.
  • Participates in top-level strategic planning sessions, while providing assistance to program leads and executive management in development of annual budgets.
  • Create and sustain a work environment of mutual respect.

Qualifications and experience:

  • Bachelor’s degree in Accounting or Finance-related field.
  • ACA or ACCA qualification is compulsory.
  • At least 7 years’ progressive experience in accounting or finance, which must include supervisory experience.
  • NGO-related experience in the Finance department with a reputable non-governmental organization or donor agency is an added advantage.
  • Hands-on knowledge and experience of accounting software, especially Quick books.
  • Experience working on private and multilateral donor funds and large budgets.

Work-based skills:

Essential:

  • Excellent organizational, analytical, and supervisory skills.
  • Proficiency in Microsoft Office suite: Excel, Word, PowerPoint, etc.,
  • Fluency in spoken and written English required.
  • Mature and professional demeanor with strong executive presence.
  • Ability to collaborate and interface with stakeholders at various levels.
  • Self starter who can work with own initiative with limited supervision.

Desirable:

  • Previous experience in building or enhancing NGOs financial management capacity.
  • Strong awareness of national issues.
  • Female candidates are strongly encouraged to apply for this role.

BudgIT is an equal opportunity employer and offers a competitive salary and excellent benefits package including world-class training opportunities, health insurance, Group Life insurance, and End-of-Year bonus.

Deadline: Jun 18, 2020

How to Apply: Interested and qualified candidates should forward their CV to: hr@yourbudgit.com using the position as subject of email.

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