Finance Manager
Role
Summary:The
overall purpose of the position is to provide strategic and operational
leadership to BvAT’s finance functions in an effective and efficient manner.
This includes providing oversight and management support to all aspects of
financial management including advisory and technical, project planning and
coordination, innovation, and compliance management.
Key Duties and
Responsibilities:
Financial Management
- Ensure financial integrity and accountability and
maintain internal controls. Supervise Operations and Accounts in charge,
Accountants, and ensure that transactions and financial decisions adhere
to BvAT’s accounting principles, policies, and procedures/guidelines.
- Lead the planning and execution of the financial
function including those necessary for auditing, budgeting, and financial
reporting in accordance with generally accepted accounting principles,
policies, and procedures/guidelines.
- Conduct analyses and reviews on budget variances
in financial reports and provide clarification where necessary to the
Senior Management Team and Auditors.
- Manage monthly accounting closing process as per
set cut-off date and ensure timely submission of monthly reconciliation
including analytical review of the monthly operating results.
- Develop organizational and projects budgets and
mechanisms for tracking capital burn rate to actual reporting by line
item.
- Prepare high-level financial reports to aid in
decision making by senior management, the board, and donors.
- Develop and review accounting and financial
policies to ensure they are consistent with statutory and commonly
approved financial reporting standards and regulations.
- Support development of new plans and proposals by
ensuring budgets are prepared in compliance with requirements of the
organization’s policies and strategic plan.
- Monitor, analyse, and interpret BvAT’s financial
performance evaluation reports i.e., audits, internal/external
evaluations, strategic plan reviews and make recommendations to management
on policy and operational changes.
- Engage the Board of Trustees or its finance
committee to develop short-, medium-, and longterm financial plans,
forecasts, and projections.
- Undertake asset management through prudent
management of finance, and physical assets of the organization.
- Generate in timely manner monthly, quarterly,
yearly and project specific financial reports in compliance with Generally
Accepted Accounting Principles (“GAAP”) and donor requirements.
- Provide guidance to Executive Director and Senior
Management on strategic business directions by conducting financial
planning and analysis, developing scenarios to inform decision making, and
advising on key directions and options for development.
- Liaise with external auditors and prepare audit
schedules during project and institutional audits and ensure timely
delivery as per requirements by BvAT and its donors.
- Oversee the capacity building for the Finance team
while providing capacity support to program and project teams on
compliance, budgets preparation and management, and financial reporting.
- Manage the general ledger and the financial system
for safety and accuracy of the data posted.
- Manage and liaise with the HR the monthly payroll
processing to ensure compliance with the labour laws and tax requirements.
- Check and verify payments before approval of the
same as per the organization’s policies including procurement and donor
policy requirements.
- Analyze and mitigate key elements of the
organization’s risk profile and investment policy and advice on investment
of the organization’s funds in securities that provide high returns.
- Work closely with the Executive Director in
developing new business budgets and cost recovery mechanisms to further
the organization’s financial goals.
- Conduct monitoring of BvAT and partner projects to
ensure they are implemented as per the organization’s policies and
procedures.
- Participate in corporate policy development as a
member of the senior management team.
- Perform any other relevant tasks as requested by
Executive Director.
Working Relationships:
Internal Relationships: All departments, programmes, and projects
External Relationships: Donors, Partners, Government bodies, external and
internal auditors
Required
Qualifications:
Required Skills and
Competencies:
Technical Skills
Behavioural Skills
Responsibility for
finances and physical assets:
Decision making:
Information:
Working Environment:
How to Apply
If you believe you qualify for this position then please apply with your CV and
cover letter as one file indicating a summary of your key qualifications and
expected salary and benefits to info@biovisionafricatrust.org with the job
title: Finance Manager, on the subject line to be received no later than August
31, 2022. We will not accept applications without a CV and cover letter. Only
shortlisted candidates will be contacted for interviews