CAAP is a local organization registered in 2018 by FDRE Authority for Civil Society Organizations – ACSO, delivering emergency and development programs in the Somali region. CAAP is looking for competent, committed & professional staff to fill the Finance Coordinator position in Jijiga, Somali Region, Ethiopia
Job Purpose Summary: The Finance Coordinator is accountable for the sound financial, accounting and budgetary management of CAAP Ethiopia
Responsibilities:
Supervise and approve regular accounting, including monthly reconciliations, monthly and yearly closing of accounts, monthly journal entries
Supervise cash and bank balance checking process when closing the monthly accounts
Coordinate projects and annual budgeting, ensuring alignment with organizational objectives, and donor regulations
Analyze budget vs. actual performance, identifying cost-saving opportunities.
Collaborate with the program staff to monitor actual and forecasted expenses against budget to avoid under and overspending on the projects; comply to the flexibility rule
Manage cash flow, accounts payable/receivable, and general ledger functions
Anticipate financial risks, present budget updates and mitigation plans and report them to the
Ensure effective budget management through monthly BVA, spending plan and compliance review and constructive feedbacks shared with respective unit on monthly basis
Prepare and review financial statements and reports with precision and compliance.
Monitor financial performance, analyze variances, and provide recommendations for improvement
Ensure the compliance of financial reports with donors and internal rules and procedures
Ensure adherence to accounting principles and regulations.
Implement robust financial policies and procedures for efficiency and risk mitigation.
Ensure the compliance of financial reports with donors and internal rules and procedures
Review administrative/financial terms of contracts before signature (payment & financial reporting schedule, etc.)
Coordinates external and internal audits, serves as major focal point for planning and conducting audits;
Lead the process of the ongoing improvement of financial systems and internal controls.
Follow-up payments from donors and financial project close-out (contract liquidation)
Mentor and guide finance team members to foster continuous improvement.
Set performance objectives and support professional development
Capacity building of the program teams in financial management;
Comply with CAAP policies regarding child protection, Code of Conduct, PSEA, Child Safeguarding, CRM, Health and Safety, Equal Opportunities, and donor policies and procedures.
Actively promotes PSEA standards within CAAP and among partners and beneficiaries.
Perform additional tasks as requested by the line manager.
Number of Positions: One (1)
Starting date: ASAP
Contract duration: 1 year
Career Level: Senior Level (4-6 years’ experience)
Job Requirement
Required Qualifications, Experience and Skills
Bachelors/Master degree in Accounting, Business Administration, financial management
Minimum 6 year of relevant experience for BA holders and 4 year for Master holders in grant compliance, auditing, and financial management
Proven and progressive experience in financial management of different donors in NGO setting
Significant experience in financial monitoring, budgetary systems, and controls with strong analytical skills
Proven ability to prepare budgets and donor financial reports.
Demonstrated capacity and prior experience in staff management and supervising others as a coach/mentor to develop financial skills of colleagues
Awareness of international accountability standards including HAP (Humanitarian Accountability Partnership) and a demonstrated commitment to promoting these standards in ways of working and project implementation
Proficiency in Microsoft Office programs, i.e., Excel, Word, PowerPoint, etc., and the ability to use various commercially available accounting software programs (particularly QuickBooks online) is preferable
Fluency in English, Somali and Amharic is required