Overview
The Finance Officer will support the day-to-day financial management of a project, ensuring accurate and compliant financial transactions, budget monitoring, expenditure control, and financial reporting.
Key Responsibilities
- Support the Senior Finance officer in preparation and regular review of the project budget, expenditure forecasts and cash requirements.
- Maintain accurate and timely financial records and ensure transactions are properly coded to the project and relevant budget lines.
- Process payments, advances, settlements and other project financial transactions in accordance with IRC procedures.
- Review supporting documentation for completeness, accuracy, authorization and compliance before processing payments.
- Monitor project expenditure against the approved budget and promptly flag variances, underspending or potential over-expenditure to Senior Finance officer.
- Provide regular budget-versus-actual expenditure updates to the Senior Finance officer and Project Management.
- Coordinate with Programme, Supply Chain and HR teams to ensure financial requirements are properly reflected in activity planning, procurement and staffing.
- Support preparation of monthly financial reports, expenditure forecasts and donor financial reporting.
- Maintain proper filing and documentation of vouchers, invoices, advances, liquidations and other financial records.
- Monitor staff and operational advances and follow up on timely liquidation in accordance with IRC procedures.
- Support payroll-related processes and project staff cost allocation, where applicable.
- Ensure compliance with IRC financial policies, donor requirements and applicable internal controls.
- Support internal and external audits, financial reviews and donor verification exercises by providing required documentation.
- Identify and report financial risks, irregularities or control weaknesses to the Senior Finance officer.
- Maintain confidentiality and proper safeguarding of financial information.
- Support project close-out, including expenditure reconciliation, clearance of outstanding advances and commitments, financial documentation and final reporting.
- Comply with IRC policies on safeguarding, PSEA, fraud prevention, Code of Conduct and other relevant organizational requirements.
Required Experience
Minimum 3 years of relevant professional experience in finance/accounting, preferably with an NGO/INGO or development/humanitarian organization. Experience in project financial management, budget monitoring, expenditure tracking and financial reporting. Experience working with donor-funded projects, preferably IOM or other UN-funded programs, is an advantage. Experience in processing payments, advances, liquidations, payroll-related transactions and maintaining financial documentation. Experience supporting audits, financial reviews and donor compliance requirements. Experience working with INTEGRA, field-based teams and managing financial transactions across multiple locations is desirable.
Qualifications
Minimum Bachelors, Master’s degree will be advantaged in Finance, Accounting, Business Administration, Commerce or a related field. Professional qualification or progress toward ACCA, CA, CIMA or equivalent will be an advantage.