Overview
This position leads consolidated financial reporting and treasury operations, ensuring financial operations are technically sound, compliant, and strategically aligned with organizational goals.
Key Responsibilities
- Leads consolidated financial reporting and treasury operations.
- Prepares consolidated monthly financial reports, statutory annual financial reports, balance sheet reconciliations, and financial key scorecards.
- Manages accounting codes, financial systems access, and system licenses.
- Coordinates with banks, manages bank signatories, and manages approval authority guidelines.
- Oversees liquidity management and ensures Cash Target Limits are adhered to.
- Follows up with Shared Services on payments to suppliers and service providers.
- Reviews and reconciles General Ledger and inter-company transactions.
- Supports the annual planning and budgeting process.
- Coordinates cash flow forecasting.
- Monitors and reviews reconciliations performed by Shared Services.
- Maintains relationships with banking partners.
- Fosters collaboration with Shared Services to streamline financial processes.
- Consolidates partner funding forecasts.
- Reviews and approves financial requests on the Provision platform.
- Coordinates with Shared Services Centre for exchange rate updates.
- Oversees Mobile Money Payments and Beneficiary Payment Platform.
- Coordinates funding reconciliation.
- Ensures direct cash deposits are confirmed, managed, and disbursed as per donor guidelines.
- Monitors, manages, and ensures timely reconciliation of invested funds.
- Compiles and presents financial reports for governance and leadership bodies.
- Ensures timely submission and upload of consolidated financial reports to relevant platforms.
- Interprets financial scorecards and tracks potential risk indicators.
- Conducts data validation prior to monthly financial closure.
- Manages and reconciles balance sheet accounts.
- Coordinates with Shared Service Centre for transaction processing and reporting.
- Coordinates annual conversion of financial statements to be IFRS compliant.
- Maintains comprehensive asset registers and conducts quarterly asset verification.
- Oversees and manages staff advances.
- Reviews, processes, and authorizes payroll payments.
- Approves supplier payments.
- Validates financial transactions for alignment with donor coding structures.
- Reviews and reconciles intercompany billing.
- Supports monthly and year-end financial closing processes.
- Ensures timely submission of invoices to Shared Services.
- Coordinates the payment factory process.
- Oversees balance sheet reconciliation.
- Ensures compliance with internal and external audit requirements.
- Oversees adherence to payroll, taxation, and statutory obligations.
- Leads coordination and follow-up on audit findings.
- Collaborates with Shared Services Centre for accuracy and completeness of financial transactions.
- Updates and maintains the Finance Risk Register.
- Conducts assessments and designs internal controls.
- Ensures Field Office Asset Management processes are implemented.
- Maintains compliance with World Vision Financial Policies and Procedures, GAAP/IFRS standards, and regulatory requirements.
- Ensures accounting records are well-organized, current, and maintained.
- Establishes clear, measurable performance objectives for team members.
- Proactively identifies capacity gaps and recommends training interventions.
- Oversees leave planning and utilization.
- Oversees Finance new-hire orientation, onboarding, coaching, and training.
- Shares and replicates finance management best practices.
- Assists the Finance and Support Services Director in capacity building initiatives.
Required Experience
- Minimum of 7 years of experience in a management role in NGO environment.
- Working knowledge of accounting software packages; Sun Systems, Vision XL and Vision Executive, PowerBI, Kariba, Power Apps.
- Excellent computer literacy skills, especially in MS Excel.
- In-depth working knowledge of Generally Accepted Accounting Principles (GAAP) and IFRS.
- In-depth working knowledge of financial forecasting, cash management and Mobile Money management.
- Knowledge of how to prepare, review, and present financial statements and financial reports to senior leadership and boards.
Qualifications
- First degree in Accounting or Finance and professional qualification such as ACCA, CIS or CIMA
- Masters’ degree in Finance, Business Administration is an added advantage.
