Finance Associate at AfriLabs

Job Summary

• We are looking for a Finance Associate who will support in keeping track of the organization’s finances, enter data into databases, prepare financial statements, process invoices, and support other employees throughout any accounting processes.

Responsibilities

• We are looking for a Finance Associate who will support in keeping track of the organization’s finances, enter data into databases, prepare financial statements, process invoices, and support other employees throughout any accounting processes.

Responsibilities:

• Proper filing of financial documents.
• Assist in ensuring monthly taxes are remitted to the appropriate authorities.
• Posting of transactions on the organisation’s accounting software.
• Ensure proper management and disbursement of organisations’ petty cash.
• Assist the Finance Manager in generating monthly reports for country projects and the secretariat.
• Assist with the audit process.
• Accurate record keeping of AfriLabs property and equipment.
• Support other office day-to-day operations.
• Ensure payments go out to vendors, consultants or hub members in a timely manner.
• Follow up with the Organizations Financial institutions with pending payment and provide updates.
• Perform other duties as required or assigned.

Required Skills, Qualifications & Abilities: 

Qualifications & Experience

• BSc/HND in Accounting, Business Administration or Finance from an accredited academic institution
• Partly qualified or student membership of ICAN/ACCA will be an added advantage
• Minimum of 2-3 years internal or external audit, compliance work experience from NGOs or Audit Firm is highly desirable. 
• Previous experience in finance or accounting roles, preferably in an NGO or nonprofit setting is  preferred. 
• Familiarity with donor-funded projects and grant management processes is advantageous.
• Experience in financial reporting, budgeting, auditing, or financial analysis.
• Experience with compliance and regulatory requirements relevant to NGOs, such as those related  to grants and  other charitable contributions.

 Skills

• Accounting: Understanding of basic accounting principles and practices, including knowledge of financial statements.
• Budgeting and Financial Planning: Proficiency in creating, managing, and monitoring budgets for  programs and projects.
• Financial Reporting: Ability to prepare financial reports for internal and external stakeholders, including  donors, grantors, and regulatory agencies.
• Financial Software: Familiarity with accounting software such as QuickBooks.
• Microsoft Excel: Strong Excel skills essential for financial analysis, budgeting, and reporting.
• Attention to Detail: Accuracy and precision in financial record-keeping and reporting.
• Communication: Good written and verbal communication skills, particularly in explaining financial  information to non-finance staff and stakeholders.
• Teamwork: Ability to work collaboratively with colleagues in finance and across other departments.
• Problem-Solving: Capacity to identify financial issues, propose solutions, and implement changes as  needed.
• Analytical Thinking: Capacity to think critically and analytically to solve complex financial problems.