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Finance Officer
EXPERIENCE: 3+ years
TRAVEL REQUIRED: 30%
REPORTING TO: Senior Finance Officer
Job Description
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.
Roles & 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 the Administrator or the 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 reconcile 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 the 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 wrongdoing to the Senior Finance Officer, FinanceAdministrator 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 submit it to the Senior Finance Officer by 5th of every month
- Provide support to staff through training 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).
Requirements and Experience
Preferred Technical Skills
- Excellent mathematical skills, understanding of data privacy standards, integrity, honesty, and 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 an added advantage.
Application Process
To apply, please submit your application by September 15, 2023.
Raising The Village is an equal opportunity employer committed to diversity and inclusion. We highly encourage women candidates to apply.
