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Finance And Accounting Manager

Closing: Dec 3, 2023

2 days remaining

Published: Nov 20, 2023 (11 days ago)

Job Requirements

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Job Summary

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Qualifications and Experience

  • Bachelor’s Degree or Master's in Finance, Accounting, or in a related field is required. A higher degree such as a Master’s in Finance, Account or a relevant specialization is an added advantage.
  • 5 years+ of professional experience involving the application of the principles of finance and accounting at a managerial or supervisory level.
  • Proficiency in different accounting packages like QuickBooks, sage pastel, and tally.
  • Membership of recognized professional accounting body (ICAN, ACA, ACCA, CFA, CIMA) is an added advantage.
  • Demonstrated ability to identify financial challenges, analyze options, and propose practical solutions, and attention to detail and accuracy in handling procurement processes.
  • Proficient in accounting principles and practices, including general ledger management, accounts payable/receivable, reconciliations, and financial statement preparation.


Responsibilities

Qualifications and Experience

  • Bachelor’s Degree or Master's in Finance, Accounting, or in a related field is required. A higher degree such as a Master’s in Finance, Account or a relevant specialization is an added advantage.
  • 5 years+ of professional experience involving the application of the principles of finance and accounting at a managerial or supervisory level.
  • Proficiency in different accounting packages like QuickBooks, sage pastel, and tally.
  • Membership of recognized professional accounting body (ICAN, ACA, ACCA, CFA, CIMA) is an added advantage.
  • Demonstrated ability to identify financial challenges, analyze options, and propose practical solutions, and attention to detail and accuracy in handling procurement processes.
  • Proficient in accounting principles and practices, including general ledger management, accounts payable/receivable, reconciliations, and financial statement preparation.


  • As the Finance & Accounting Manager, you will play a pivotal role in overseeing and managing the financial operations and procurement activities of the organization.
  • Develop and implement financial policies, procedures, and controls to ensure compliance with financial regulations and best practices.
  • Prepare and manage the organization’s budget, monitor financial performance, and provide regular financial reports to the management team.
  • Conduct financial analysis and forecasting to support strategic decision-making and resource allocation.
  • Manage cash flow, banking relationships, and timely disbursement of funds for operational needs.
  • Develop and implement procurement strategies to ensure cost-effective and timely sourcing of goods and services while maintaining quality standards.
  • Oversee the procurement process, including supplier selection, negotiation, contracting, and vendor management.
  • Devise and implement up-to-date or modified accounting systems to effectively provide complete and accurate records of organization assets, liabilities and financial transactions.
  • Maintain accurate records of procurement activities, contracts, and supplier agreements.
  • Collaborate with internal departments to identify procurement needs and develop procurement plans.
  • Processing all payments efficiently and in a timely manner.
  • Directs the preparation of all financial statements, including income statements, balance sheets, shareholder reports, tax returns, and governmental agency reports.
  • Ensure compliance with tax laws, financial regulations, and reporting standards.
  • Coordinate with auditors and regulatory authorities to facilitate financial audits and assessments.
  • Provide financial insights and analysis to support strategic planning, business development, and fundraising efforts.
  • Monitor expenditures, analyze revenues and determine budget variances and report the same to management.
  • Supervise and mentor finance and procurement staff, fostering a culture of collaboration, learning, and growth.
  • Collaborate with internal stakeholders, including the Executive Director and program managers, to ensure financial and procurement processes align with organizational goals.

Team Leadership:

  • Oversee the day-to-day activities of the team, ensuring smooth operations and efficient workflow.
  • Motivate team members to achieve organizational goals and maintain a high level of productivity.
  • Identify and empower team members by providing opportunities to enhance their confidence, product knowledge, and communication skills.
  • Play a pivotal role in the growth of the company by leading a successful and motivated team.
  • Measure and report on team performance, highlighting successes and areas for improvement.
  • Actively seek feedback, listen attentively, and incorporate stakeholder input into decision-making processes.
  • Ensure the growth of the team as well as the efficient and timely onboarding and offboarding of team members.
  • % accuracy in financial data entry and reporting, ensuring minimal errors and discrepancies in financial records.
  • Timely preparation of financial reports, including income statements, balance sheets, and cash flow statements.
  • % automation and processing time improvement in financial and procurement operations.
  • Number of programs and projects budgets evaluated to identify cost-saving measures without compromising quality or impact.
  • Timely retirement of disbursed funds to maintain financial transparency and accountability.
  • Enhanced efficiency of the procurement process, measured by a reduction in the average procurement cycle time.
  • Successful negotiation of favorable terms and conditions with suppliers to optimize procurement outcomes.
  • % of feedback and reviews received from stakeholders, assessing their level of satisfaction with financial and procurement processes.


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