The Finance Officer is responsible for ensuring effective financial management, compliance, and reporting for the organization’s projects and operations. The role supports budgeting, accounting, financial monitoring, donor reporting, and internal control processes to ensure transparent and accountable use of funds in line with organization’s policies and donor requirements.
Key Responsibilities:
Finance Officer is responsible for handling the financial activities under the direct supervision of the Finance Manager.
Ensuring the financial operations comply with WHLO standard Financial Policy and Procedures as well as the donor rules and regulations.
Maintain accurate and up-to-date financial records in the accounting system.
Process payments, ensuring proper documentation, authorization, and compliance with financial policies.
Monitor and analyze financial performance, identifying trends and variances.
Assist in budget preparation and ongoing budget tracking.
Ensuring all transactions are supported by complete supporting documents.
Verifying the expenditure documents and managing their payments on a timely basis
Ensuring the proper archiving and safekeeping of financial documents.
Reconcile bank statements and financial accounts regularly.
Verifying payrolls to ensure the figures are accurate & supporting documents are complete.
Coordinate annual audits and respond to auditor inquiries.
Implement and monitor internal financial controls to protect organization assets.
Ensure proper authorization and allocation of funds.
Provide financial insights to support strategic planning and management decisions.
Conduct cost analysis for projects, programs, or operational changes.
Ensure strict adherence to internal control procedures and financial policies.
