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
- Prepare consolidated monthly financial reports and statutory annual financial reports.
- Manage balance sheet reconciliations and financial key scorecards.
- Coordinate with banks, manage bank signatories, and oversee liquidity management.
- Follow up with Shared Services on supplier payments and unreconciled items.
- Review and reconcile General Ledger and inter-company transactions.
- Lead the design and implementation of integrated financial systems and controls.
- Support the annual planning and budgeting process.
- Coordinate cash flow forecasting.
- Monitor and review reconciliations performed by Shared Services.
- Maintain relationships with banking partners.
- Consolidate partner funding forecasts.
- Review and approve financial requests on the Provision platform.
- Coordinate with Shared Services Centre for exchange rate updates.
- Oversee Mobile Money Payments and Beneficiary Payment Platform.
- Coordinate funding reconciliation.
- Ensure direct cash deposits are confirmed, managed, and disbursed as per donor guidelines.
- Monitor and reconcile funds invested with Global Treasury.
- Compile and present financial reports for governance and leadership bodies.
- Ensure timely submission and upload of consolidated financial reports.
- Interpret financial scorecards and flag potential risk indicators.
- Conduct data validation prior to monthly financial closure.
- Manage and reconcile balance sheet accounts.
- Coordinate with Shared Service Centre for transaction processing.
- Coordinate annual conversion of financial statements to be IFRS compliant.
- Maintain comprehensive asset registers and conduct quarterly asset verification.
- Oversee and manage staff advances.
- Review, process, and authorize payroll payments.
- Approve supplier payments.
- Validate financial transactions for alignment with donor coding structures.
- Review and reconcile intercompany billing.
- Support monthly and year-end financial closing processes.
- Ensure timely submission of invoices to Shared Services.
- Coordinate the payment factory process.
- Ensure balance sheet reconciliations are done monthly and accurately.
- Ensure compliance with internal and external audit requirements.
- Oversee adherence to payroll, taxation, and statutory obligations.
- Lead coordination and follow-up on audit findings.
- Collaborate with Shared Services Centre for transaction accuracy.
- Update and maintain the Finance Risk Register.
- Conduct assessments and design internal controls.
- Ensure Field Office Asset Management processes are implemented.
- Maintain compliance with World Vision Financial Policies and Procedures, GAAP/IFRS standards.
- Ensure accounting records are well-organized, current, and maintained.
- Establish clear performance objectives for team members.
- Identify capacity gaps and recommend training interventions.
- Oversee leave planning and utilization.
- Oversee Finance new-hire orientation, onboarding, coaching, and training.
- Share and replicate finance management best practices.
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.
