Finance Officer (The Tony Elumelu Foundation)

The Tony Elumelu Foundation

Job Title: Finance Officer
Company Name: The Tony Elumelu Foundation
Department: Marketing and Corporate Communications

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The Finance Officer shall be responsible for all the finance and accounting activities of the Foundation, preparation of various management reports and financial statements, budgeting, and grant management.

Responsibilitie(s):

  • Manage all finance and accounting operations including account receivables, account payables, accruals, and general ledgers.
  • Ensure timely preparation of monthly management accounts.
  • Oversees all accounts, ledgers and reporting systems, ensuring compliance with appropriate standards and regulatory requirements.
  • Assist with the preparation of annual budget.
  • Ensure compliance with regulatory and legal filings.
  • Ensure compliance with internal control procedures in day-to-day transaction processing.
  • Ensure that all financial transactions are processed accurately, in a timely manner and in accordance with generally accepted accounting principles.
  • Ensure prompt preparation of financial statements for the company.
  • Liaise with external auditors to ensure an efficient and effective audit process.
  • Ensure effective cash flow and liquidity management.
  • Preparation of monthly bank reconciliation statements.
  • Manage banking relationships.
  • Assist with budget preparation for funding proposals to partners.
  • Timely disbursement of funds to the entrepreneurs.
  • Ensure the funds received are disbursed in accordance with the agreed terms.
  • Provide timely reports on the use of funds in line with the rules and regulations of the partners.

Qualification/Experience Requirement(s):

  • Bachelor’s Degree or equivalent in any field.
  • Professional qualification such as ICAN or ACCA is an advantage.
  • A Master’s degree in finance will be an added advantage.
  • Work experience in a not-for-profit organisation is an added advantage.
  • Minimum of 4-6 years experience in a finance-related role.
  • Good numerical skills.
  • Ability to work under pressure and meet stipulated deadlines.
  • Good knowledge of Microsoft Office Suite i.e., Microsoft Outlook, Word, Excel, PowerPoint.
  • Great verbal and oral communication skills
  • Great interpersonal skills.
  • Great team player.
  • Ability to multitask.

Qualification/Experience Requirement(s):

  • Bachelor’s Degree
  • Requisite Experience
  • Knowledge of canva and video editing

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