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Finance Officer job at International Development Law Organization
Posted by: ugashare-Volunteer
Posted date: 2024-May-15
Location: Kampala
Vacancy title:
Finance Officer [ Type: FULL TIME , Industry: Nonprofit, and NGO , Category: Accounting & Finance ]
Jobs at: International Development Law Organization
Deadline of this Job:
Tuesday, May 28 2024 Duty Station:
Within Uganda , Kampala, East Africa
Summary
Date Posted: Wednesday, May 15 2024, Base Salary: Not Disclosed Similar Jobs in Uganda
Learn more about International Development Law Organization
International Development Law Organization jobs in Uganda
JOB DETAILS:
Organizational Context
The IDLO Finance Department is an integral part of the country team that seeks to ensure financial integrity to realize and achieve a high level of transparency and accountability in the execution of various donors’ projects. The Finance Department places high value on producing accurate and auditable financial reports for all its stakeholders.
Under the supervision of the Finance & Administration Manager, the Finance Officer will provide financial and administrative services, ensuring high quality, accuracy, and consistency of work. The incumbent will work in close coordination with the country-based Procurement and Programmes team.
Primary Functions
Key results expected:
Program Financial Budgeting, Monitoring, and Reporting
• Working closely with the Finance & Administration Manager and Program team, monitor the finance-related aspects of the implementation of Program activities according to approved Program documents, ensuring that appropriate control reporting structures are maintained in accordance with IDLO Rules and Regulations and/or donor requirements.
• Ensure the timely preparation and submission of all financial information, reports, and documentation, including monthly Program financial forecast, year-end closing of books, etc.
• Assist in preparing the Program-specific and annual budgets, assess financial plans and reports in coordination with the Finance & Administration Manager and relevant departments.
• Process payments for all contracted consultants/experts in line with IDLO standards and procedures.
• Support the Procurement Associate in reviewing analysis of procurements before approval by responsible officers
• Support the transport and Logistics Associate in reviewing VAT claims and any other refundable taxes
Organizational-Related Finance and Accounting
• Assist the Finance and Administration Manager in ensuring execution of all the IDLO financial policies, systems, and procedures.
• Prepare the monthly cash replenishment in line with program forecasts
• Maintain and manage the office petty cash
• Update, review, and report on the country office finance performance and prepare required financial statements as well as short-term and long-term forecasts (in consultation with the Programs team), highlighting any over/underspend and reporting on potential gaps.
• Prepare the payroll for locally recruited employees and make the necessary statutory deductions; monitor advances to employees and partners to ensure they are liquidated in line with IDLO policies and procedures.
• Support the monthly closure of the books in Navision
• Prepare asset, liability, and capital account entries by compiling and analyzing account information; manage program assets register to ensure all assets are recorded, indexed, secure, and accordingly.
• Working closely with the Finance & Administration Manager, Programs team (country office and HQ) as well as the HQ-based Program Accountant, facilitate the work of internal auditors and any contracted external auditors.
• Support the Finance and Administration Manager in liaising with the IDLO bankers in the country including acting as a bank agent where so authorized.
Sub-grants monitoring
• Support the sub-granting processes, monitoring, and management systems to ensure effective and timely issuance, reporting, and oversight of all sub-grants.
• Maintain sub-grant tracking sheet and filing system for all sub-grantees proposals, agreements, financial reports, and outstanding advances.
• Review all sub-grant monitoring reports and prepare management summaries of findings and recommendations for discussion with the Country Manager.
• Liquidation of all accountabilities for funds advanced to sub-grantees
Office Administration
• Support the Finance Manager in ensuring the smooth day-to-day running of the Country office.
• Administer and manage the logistics, communication, contracting, and payment of service providers such as lessors, travel agents, hotels, office suppliers, etc. This shall include establishing and maintaining a supplier database.
• Coordinate and ensure smooth implementation of and adherence to IDLO logistics, travel, and security procedures by all.
Job Requirements
Academic qualifications
• University degree in Business Administration, Finance, Accounting, or a related field is essential.
• Professional accounting qualifications are required – CPA / ACCA.
Languages
• Fluent oral and writing skills in English are required.
Work experience
• Minimum five years of significant relevant professional experience in financial management and administration
• Experience working with international organizations will be a significant advantage.
• Demonstrated work experience with Enterprise Resource Planning (ERP) systems, preferably with MS NAVISION
• Demonstrated working knowledge of International Public Sector Accounting Standards (IPSAS)
• Knowledge of and experience with spreadsheets (advanced knowledge of Microsoft Excel is a must), databases, and word-processing software
• Demonstrable experience in donor budgeting and reporting
• Proven ability to operate in a team environment liaising with a diverse team.
• Ability to work under pressure with tight deadlines, flexibility, and an entrepreneurial spirit.
• Strong interpersonal and organizational skills and attention to detail;
• Enthusiastic and proactive attitude;
• Self-motivated and dynamic with a willingness and ability to use initiative to assist the organization in achieving its objectives; and
• Keen sense of ethics, integrity, and commitment to IDLO’s mandate.
Work Hours: 8
Experience in Months: 60
Level of Education: Bachelor Degree Job application procedure
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