Finance Officer Vacancy
- Position : Finance Officer
- Location : Eldoret
- Qualification: Degree/CPA-k
- Job Type : Full-time
- Deadline : 27th January 2025
Introduction
EERUi with the support of partners executes programmes that provide access to quality education for the low-income communities in Kenya. We achieve this by partnering with like-minded organizations, development partners and individuals to provide capacity building, technical support and infrastructural support to schools and communities. In order to carry out these activities, EERUi engages talented and passionate staff. We are pleased to announce a vacancy in the position of Finance Officer.
The Role
The position is responsible for managing the financial operations of the organisation. You will ensure accurate financial reporting, budgeting, and analysis, as well as compliance with financial regulations. Your role is crucial in maintaining the financial health of the organisation and supporting strategic decision-making.
The Finance Officer is an integral part of the senior management team and is expected to be proactive in documenting, improving and enforcing good accounting practice and processes in the company. Internal auditing of inventory movement and reporting on any variances is expected as an integral part of the Management reports.
As well as meeting the job-specific and professional requirements of the role, the applicant will be evaluated on their attitude and their fit with the organisation. We are looking for someone who will share our passion for what the organisation represents.
Key Responsibilities
- Ensure that all financial transactions are carried out and recorded in accordance with EERUi procedures and policies.
- Cash flow management and monthly bank and M-Pesa reconciliations.
- Review and verify all copies receipts for all expenses before they are entered into accounting system.
- Review procurement transactions prepared by operations team to ensure that all supporting documentation and approvals are accurate.
- Ensure the maintenance of proper accounting documentation.
- Petty cash management and custody
- Preparation and prompt settlement of statutory and other payroll deductions i.e. PAYE, NSSF, NHIF,NITA etc
- Ensuring proper book of accounts are kept and maintaining a sound archiving (filing and retrieval) system.
- Preparation of various supporting schedules to the financial statements to facilitate annual audit and assist in the fieldwork process.
- Preparations of year end accruals and monthly reconciliation of the accruals.
- Preparation of the payroll journal and monthly reconciliation of the payroll control code
- Develop, Implement, review and update current financial management policies as required by the board or donors and in compliance with financial regulations.
- Any other reasonable duty assigned by management.
- Develop, Implement, review and update current financial management policies as required by the board or donors and in compliance with financial regulations.
- Establish and implement internal controls, procedures and systems to ensure that the organization’s operations are executed in line with approved plans and agreements.
- Plan, organize and train staff on all organizational policies and hold forums to collect feedback from staff on the policy changes and submit the recommendations to the CEO.
- Accurately and timely prepare and submit grant reports to the donors through the CEO.
- Act as the finance focal point person for the organization with the external parties (donors, partners, regulators etc) and through the CEO provide responses and other financial information to such parties as requested.
- Review draft donor agreements and provide informed advice to the CEO before signing of the agreement.
- Ensure proper contracting and engagement of internal and external auditors.
- Timely and accurate preparation of internal and external financial statements for audit purposes.
- Review the annual returns to the NGO Board and Registrar of Companies prepared by the accountant. Ensure such returns are done within the set timeline.
Knowledge
1. Skills and Experience Required for this Role
- Bachelor’s degree in Accounting, Finance, Business Administration or a related field from a recognised university.
- Professional accounting qualification i.e. CPA-K or equivalent.
- Proven experience as a Finance Officer or in a similar role,preferably in a non-governmental organisation.
- Strong knowledge of financial regulations, accounting standards, and financial reporting.
- Proficiency in financial management software and tools.
- Advanced Excel/Google Sheet skills: strong ability to extract, clean, and manipulate large data sets.
- Strong initiative and ability to drive process improvements that impact multiple teams.
2. Personal Attributes
- Strong strategic thinking and analytical skills
- Excellent negotiation and relationship-building abilities
- Strong attention to detail and accuracy
- Good communication skills and the ability to work effectively in a team environment
- Strong organisational and multitasking skills
- Excellent analytical, problem-solving, and organizational skills.
- Strong leadership and team management skills, with a focus on developing and motivating employees.
Job Application
If this job opportunity is of interest to you, please click the apply button below and fill out the form on or before 27th January 2025.
