Finance Officer job at Danish Refugee Council

Vacancy title:
Finance Officer

[ Type: FULL TIME , Industry: Nonprofit, and NGO , Category: Accounting & Finance ]

Jobs at:

Danish Refugee Council

Deadline of this Job:
02 June 2022  

Duty Station:
Within Tanzania , Kibondo , East Africa

Date Posted: Thursday, May 19, 2022 , Base Salary: Not Disclosed

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Under the supervision of the Finance Manger, the Finance Officer provides financial and administrative support to DRC and partners as per DRC and donor regulations and procedures within the Country operations in Tanzania and Burundi. The Finance Officer contributes to the development and implementation of country strategies, which are translated into action plans and day-to-day tasks. The Finance Officer provides support and/or technical guidance to country operations while overseeing country activities.

Finance and accounting
• Day to day activities in finance department.
• Daily posting of expenses reports and cash advances in DRC Dynamics
• Monthly quality insurance and upload payroll and post salary journal in DRC Dynamics.
• Overall responsible for monthly generation and posting of timesheets and running Distribution in DRC Dynamics.
• Support program managers with resource scheduling of staff.
• Responsible for uploading Tanzania Payroll in to Dynamic and ensure it is reconciled with Accruals (Tax, Workers Compensation, Skills Development Levy, Social Security and Higher Education Students Loans Board)
• Review quality of supporting documentation for low value procurement before posting into DRC Dynamics.
• Prepare cash transfer request and send to HQ.
• Update the Finance Manager on the cash needs required to run Program Activities.
• Create vendor Invoices in Dynamics for high value procurement.
• Monitor financial activities and keep Finance Manager informed on situations that might have negative impact on internal controls of financial performance.
• Ensure that the authorized bank signatory list and bank information forms are regularly updated, and photocopies are kept on files.
• Examine and evaluate financial information system, recommending controls to ensure system reliability and data integrity.
• Make recommendations regarding improving operations and financial position of DRC.
• Ensure tax and all other statutory payments are made every month before deadline.
• Ensure payments of incentive workers are made on time.
• Guide and Ensure compliance with relevant country statutory and other financial obligations such as tax, statutory returns, annual Financial Statements and NGO report.
• Ensure / Strengthen an internal compliance control on Finance Voucher for Tanzania by creating tools and conducting spot checks.
• Reconcile accounts payable and accounts receivables in DRC Dynamics.
• Guide and Ensure compliance with relevant country statutory and other financial obligations such as tax, statutory returns, annual Financial Statements and NGO report
• Monitor and reconcile balance accounts on Monthly basis and make sure any outstanding balance has a clear justification.
• Correctly use DRC Dynamics functionalities in area of concern.
• Responsible to prepare and review Cost Control on all running cost for Tanzania Office and provide comments / feedbacks to relevant Managers.
• Prepare and participate in donor verifications and annual audits.
• Follow up with staff to ensure that all staff advances are settled within the same month.
• Review and follow up on pending transactions and committed costs in DRC Dynamics to ensure timely closure.
• Assist the Finance Manager in other areas as required.
• Provide technical support and advice to the country finance teams.
• Ensure compliance with DRC procedures and guidelines.
• Assist in implementation of finance policies, procedures and systems.
Budgeting & Reporting
• Support financial report preparations of monthly, quarterly and annually per the Donor regulation.
• Ensuring financial reports are complete, accurate produced on a timely basis to ensure adequate review, approval and submission to the grants unit.
• Support the development of new proposals with financial information for budgeting.
• Review BI-reports and ensure all budget lines are charged accordingly and monitor the burn rates.
• Monthly financial briefings to relevant Manager.
• Maintain a continuous overview of funding levels and pay particular attention to shared support costs, including staff salaries.
• Liaise with relevant Managers on key financial issues including spending for all programs in the country, including co-funding, key variances and any remedial action.
• Maintain a continuous overview of funding levels and pay particular attention to shared support costs, including staff salaries
• Work Closely with Finance Manager to develop and Monitor Master and Grant Budgets and budget amendments.
• Ensure all Finance actions for monthly BFU meetings are addressed on time before the next BFU meetings including rebooking.

Experience and technical competencies:
• Minimum 2 years of relevant work experience
• Experience with carrying out admin tasks
• Good communication skills
• Advanced proficiency in Excel
• Basic proficiency in PowerPoint and Word
• Well-developed organizational and planning skills in order to meet deadlines
• NGO experience
• Advance Diploma in Accountancy, BBA or equivalent professional qualification

Work Hours: 8

Experience in Months: 24

Level of Education:
Bachelor Degree

Job application procedure
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Job Info
Job Category: Accounting/ Finance jobs in Tanzania
Job Type: Full-time
Deadline of this Job: 02 June 2022
Duty Station: Kibondo
Posted: 19-05-2022
No of Jobs: 1
Start Publishing: 19-05-2022
Stop Publishing (Put date of 2030): 19-05-2066
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