Vacancy title:
Finance Officer
Jobs at:
Raising The VillageDeadline of this Job:
Friday, September 15 2023
Summary
Date Posted: Friday, September 08 2023, Base Salary: Not Disclosed
JOB DETAILS:
Raising The Village provides a combination of projects which address the immediate needs of the household while building the foundations for long-term household income development. Raising The Village therefore is committed to building affordable and effective poverty solutions which deliver lasting outcomes. As of 2019, RTV is implementing projects the South West, Mid-west and Eastern Region with field offices in all those regions.
Overall Responsibilities
The Finance Officer will support the Senior Finance Officer in managing the accountability and reporting of the RTV beyonic wallet accounts transactions. Additionally, He/She will support field offices and projects in the areas of budget formulation, financial planning and monitoring; accounting/budget execution within field offices and also provide financial advisory services to RTV non finance staff.
Specific Role/Responsibilities
Financial Management and Reporting
• Ensure that Books of accounts are up to date at all times, orderly, well kept, and readily available for reference and audit, when required.
• Daily review of beyonic payments and pass them to Administrator of Finance Manager for Approval.
• Prepare weekly beyonic expenditure cash logs to manage daily payment transactions for all payments made through the wallets
• Follow up with field finance teams for all templates, invoices and receipts for all payments made on a weekly basis
• Weekly reconciliation of beyonic payments transactions for all wallets to ensure that all reconciles with the beyonic payment statement
• Writing vouchers for all payments made on a weekly basis
• Weekly submission of the report on work done to the senior finance officer for review
• Weekly preparation and submission of the beyonic wallets replenishment tracker to the administrator for review and replenishment
• Monthly filing of all beyonic wallets transactions statements on finance network bookkeeping folder by 1st of every month.
• Monthly reconciliation of all beyonic wallets cash log transactions with the transaction’s statements
• Monthly preparation of the beyonic payments Journal entries for all wallets and this should be done by 3rd of every month
• Weekly and Monthly filing of all beyonic payments supporting documents on finance network for Bookkeeping purposes.
• Update internal systems with financial data
• Prepare monthly financial reports
• Participate in budget preparation
• Take part in budget tracking and monitoring
• Review and implement financial policies
• Send and follow up on invoices and other supporting documents for proper accountability
• Review, reconcile and adhere to project activities accountabilities documentations
• Collect and enter data for various financial spreadsheets
• • Reconcile any discrepancies or errors identified by conversing with employees and/or clients
• Report any troubling discoveries or suspicion of wrong doing to the Senior Finance Officer, Finance Administrator and the Finance Manager or management team as might be required
• Suggest changes or improvements to increase accuracy, efficiency, and cost saving
• Manage all the accountability documents and submitting it to the Senior Finance Officer by 5th of every month
• Provide support to staff through trainings to ensure adherence to financial processes and procedures
Financial Monitoring
• Review and prepare monthly reconciliations for each beyonic wallet
• Maintain the filing of all financial and accounting documents, files, and correspondence.
• Assist with recording expenditures, income, and any other related transactions, in Raising the Village Field office financial tracking/recording program (currently Sage Accounting).
Preferred Technical Skills
• Excellent mathematical skills; understanding of data privacy standards; integrity; honesty critical thinking skills;
• Knowledge of accounting and financial regulations
• Ability to travel at least 30% of the time to different districts of RTV field operations • Previous experience with accounting software (Sage Accounting),
• Excellent computer skills including Excel and Microsoft word.
• Excellent analytical and numerical skills
• Good time management skills
• Strong ethics, with an ability to manage confidential data.
Education, Qualification and experience
• Bachelor’s Degree in Accounting and Finance will be an added advantage.
• A minimum of (3) three years of professional experience in providing accounting and Bookkeeping, and proven experience in a Finance Officer role
• Experience with beyonic transactions is a must.
• Any level of CPA would be of an added advantage.
Work Hours: 8
Experience in Months: 36
Level of Education: Bachelor Degree
Job application procedure
Deadline is 15th/Sept/2023
Applicants can use this Link to apply
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