GENERAL RESPONSIBILITIES :

The Finance Manager is responsible for overseeing the financial health of the organization by managing financial planning, reporting, and analysis. This role involves developing financial strategies, preparing budgets, forecasting financial trends, and ensuring compliance with financial regulations.

Duties and Responsibilities:

1. Financial Planning and Analysis:

Develop and monitor the annual budget in collaboration with department heads.

Provide financial forecasts, and variance analysis, and recommend corrective actions.

Assist in preparing long-term financial strategies to support the foundation's goals.

2. Accounting and Financial Reporting:

Oversee day-to-day accounting functions, ensuring accurate and timely financial records.

Prepare and present monthly, quarterly, and annual financial statements to the board and senior management.

Ensure compliance with Generally Accepted Accounting Principles (GAAP) and other relevant regulations.

3. Grant Management and Compliance:

Manage the financial aspects of grants, including budgeting, reporting, and compliance with donor requirements.

Work with program managers to ensure proper allocation and tracking of grant funds.

Coordinate audits and ensure compliance with NGO-specific financial regulations.

4. Cash Flow and Asset Management:

Monitor cash flow to ensure the foundation has sufficient funds to meet its obligations.

Oversee the management of assets, including investments, ensuring optimal utilization of resources.

5. Financial Controls and Risk Management:

Implement and maintain robust internal controls to safeguard the foundation’s assets.

Identify, assess, and manage financial risks, including those related to compliance and operational activities.

6. Team Leadership and Development:

Lead and mentor the finance team, fostering a culture of continuous improvement and professional development.

Provide training and support to non-financial staff on financial management and budgetary processes.

7. Stakeholder Engagement:

Represent the foundation in financial discussions with stakeholders, including donors, partners, and government agencies.

8. Systems and Process Improvement:

Evaluate and enhance financial systems and processes to improve efficiency and accuracy.

Lead the implementation of new financial technologies and software as needed.