Trusted listing
Finance Officer
Rising Hope Initiative for Sustainable Development
Lagos, Nigeria
Permanent
Published 2 months ago · Expires 3 weeks from now
Job description
We are seeking an experienced professional for this opening.
Position Purpose
- The Finance Officer is responsible for ensuring effective financial management, accountability, and compliance with RHISD’s financial policies, donor requirements, and statutory regulations.
- The role supports program implementation through accurate financial reporting, budgeting, cash management, and internal controls.
- Maintain accurate and up-to-date financial records in accordance with RHISD financial policies and procedures.
- Prepare and record all financial transactions, including payments, receipts, journals, and bank transfers.
- Ensure proper documentation and filing of all financial records.
- Maintain the general ledger and supporting schedules
- Support the preparation of project and organizational budgets.
- Monitor budget utilization and expenditures against approved budgets.
- Flag budget variances and provide explanations and corrective recommendations.
- Assist in budget revisions and donor budget realignments where necessary.
- Manage petty cash and ensure regular reconciliation.
- Prepare payment vouchers and ensure timely payments to staff, vendors, and partners.
- Conduct monthly bank reconciliations and resolve discrepancies promptly.
- Ensure safe custody of cash and financial instruments.
- Prepare monthly, quarterly, and annual financial reports for management and donors.
- Support timely submission of donor financial reports in line with grant agreements.
- Provide financial inputs for narrative reports and proposals.
- Assist in preparation for internal and external audits.
- Ensure compliance with RHISD financial policies, donor rules, and Nigerian statutory requirements.
- Support implementation of internal control systems to prevent fraud, misuse, and financial irregularities.
- Participate in fraud prevention, risk management, and financial reviews.
- Ensure taxes, statutory deductions, and payroll obligations are correctly processed.
- Maintain asset registers and track organizational assets.
- Support inventory and asset verification exercises
- Capacity Building & Coordination
- Provide financial guidance to program staff and field teams.
- Support partners and community-based structures on financial compliance where applicable.