Summary
Date Posted: Monday, September 04 2023, Base Salary: Not Disclosed

JOB DETAILS:

Main Purpose of the Job
To take technical lead in the budgeting process and in analysing financial performance, and to provide timely, accurate and relevant information to management to facilitate financial decision making, including decisions on the best use of financial resources

Key Outputs
• Sound financial management information systems are established and maintained
• Budgeting guidelines, as well as annual and other periodic budgets produced in line with AIC work plans and GoU/donor requirements
• Financial and other resources are optimized and safeguarded
• Management reports and financial statements are prepared and issued
• Cash flow statements and projections accessed, compiled and drawn
• Recommendations made on income and expenditure reports to budget holders
• Variances between budgets and expenditures established on a regular basis
• Sound grants disbursement and management systems are established and maintained

Key Duties and Responsibilities
• Prescribe budgeting formats and procedures, and provide technical guidance in the preparation of annual and other budgets and cash flow forecasts
• Investigate variances against budgets and provide analysis of differences
• Track the cost of operations in the implementation of various AIC programs and advise top management on necessary actions
• Perform end-of-month analysis of accounts payable, fixed assets and general ledger
• Analyse the implications of financial decisions or financial situation on organisational performance
• Produce timely and reliable management information reports at least on a monthly basis
• Hold monthly meetings with management to discuss the budgetary position and agree on action plans where required
• Monitor cash reserves and investments, and advise on any necessary related actions
• Develop and control a centralised accounting system to ensure that accounts are effectively managed
• Set up and maintain regional reporting systems
• Regularly update the regional offices on their financial situation as per consolidated cash flow position
• Ensure that grants, when available, are disbursed and managed effectively
• Prepare periodic management reports

PERSON SPECIFICATIONS:
Management Accountant
Minimum Qualifications
• BCom/BBA/BSc (Accounting or Finance Major) or their equivalent; plus
• At least part 2 of an internationally recognized Professional Accounting Body (ACCA, CPA,
• CIMA, etc)

Minimum Experience and Exposure
• 5 years’ experience with a reputable public, private commercial or donor funded organization, 1 of which must have been at a similar level/position and with a donor funded organization Special Knowledge
• Good knowledge of budgeting and forecasting issues and techniques
• Knowledge of program planning
• Knowledge of donor financial accounting procedures



Work Hours: 8

Experience in Months: 60

Level of Education: Bachelor Degree

Job application procedure

Send your soft copy application via email to: recruitment@aicug.org  stating your salary expectation and start date.
Combine all your application documents i.e, cover letter, CV & certified copies of academic documents into one PDF document.
Deadline for application is 15th September, 2023, 5:00pm.
Only shortlisted candidates will be contacted for interview.
Only online applications submitted via email will be accepted. Consider your application unsuccessful if not contacted within five (5) weeks after the closing date of the advert.
AIC is an equal opportunity employer committed to having a diverse work force and does not ask for money at any stage of recruitment.


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