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IITA Ibadan Nigeria: Senior Financial Officer
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Attention: This Job vacancy was published 5 months 29 days ago thus, it may have Expired.
Senior Financial Officer (Ref: CFO/SFO/07/09)
IITA is a non-profit organization based in Africa. It works with national entities to increase food production in tropical Africa. We have over 100 international scientists and support staff and 900 nationally recruited staff based in various stations across Africa.
The International Institute of Tropical Agriculture (IITA) with headquarters in Ibadan, Nigeria invites applications for the post of Senior Financial Officer.
Position:
The candidate will play a critical role in assisting the Chief Financial Officer (CFO) in strengthening and overseeing fiscal management systems and achieving strategic goals of IITA Finance Office.
Major Responsibilities
Reporting to the CFO of IITA, the candidate will have responsibility for understanding the strategic direction of the organization and providing high-level, proactive financial expertise and direction for both short-term and long-term financial planning and management as follows:
Advise the CFO on all matters affecting control and implementation of the Institute’s financial management policies and procedures
Assist the Finance Office in ensuring the Institute’s financial integrity and accountability
Assist in ensuring that the financial reporting and accounting requirements of donors are met
Assist in maintaining effective financial control over the Institute’s assets, Investments, liabilities, income, and disbursements.
Provide strategic guidance and oversight for the formulation and implementation of Finance policies and procedures
Specific Responsibilities:
Strategy:
Assist to prepare accurate and timely medium-term financial plan/annual budget
Monitor financial performance against budget to support the dynamic re-Allocation of resources according to priorities
Develop tools and systems to provide critical financial and operational Information to the CFO and make actionable recommendations on both strategy and operations
Work with the CFO to craft a long-term strategy for Finance Office by providing advice on issues, trends, and changes in the operating model(s) and operational delivery
Assist in establishing yearly objectives and work plans for the various workshops in Finance Office
Advise the CFO on long-term budgetary planning and costs management in alignment with the Institute’s strategic plan, considering limitations and changes in the funding environment, strategic growth opportunities and collaborations with external organisations
Remain up to date on non-profit audit best practices
Financial and Operational Management
Oversee all accounts, ledgers, and reporting systems, ensuring compliance with appropriate accounting principles and regulatory requirements
Maintain internal control safeguards and ensure timely audit activities
Optimize the handling of banking relationships and initiate appropriate strategies to enhance cash positions
Oversee budgeting and the implementation of budgets so as to monitor progress and present financial metrics both internally and externally
Provide user friendly management tools that can be used for planning and tracking budgets
Compliance
Ensure compliance and maintain oversight for all accounting and operating activities
In conjunction with the CFO, assist in annual financial audits; review audit materials, and prepare management response to the auditor.
Risk Assessment
Conduct monthly financial reviews of program spending.
Advise CFO on investment of funds; work with banks and other financial institutions.
Acting Role
Act as Officer-in-Charge during periods of absence of the CFO.
Team Management
Mentor and develop finance management teams, providing input on work allocation, training, trouble-shooting, problem and conflict resolution, and the building of an effective team dynamic.
Duty Station: Ibadan, Nigeria
Qualifications and Experience
Advanced degree in a relevant field—research administration, public administration, and management, preferably an MBA
Must be a Certified Public Accountant or Chartered Accountant
Preferably with ten years or more of progressive experience in managing corporate finance, including reporting to senior management
Experience in a multidisciplinary research organization and cross- cultural environment, preferably in a not-for-profit organization
Excellent leadership, management, interpersonal, and team building skills
Ability and proven track record in leadership of small groups; experience as a
manager of staff, team builder / leader; and ability as a manager of strategic relationships
Proficiency in at least one major enterprise management system (oracle, sun, platinum SAGE, etc.) and relevant computer applications
Excellent written and verbal communication skills in English is essential, including ability to set out coherent presentations and group interactions
General Information: The initial contract is for 2 years. IITA offers a competitive remuneration package paid in US dollars.
The position is open for Africa nationals only.
Applications: Applications including curriculum vitae, names and addresses of three referees should be addressed to the Human Resources Manager. Please complete our online application form using this link: http://www.iita.org/cms/details/job_application.aspx
Closing date: The position will remain open until a suitable candidate is found.
IITA is an equal opportunity employer and particularly welcomes applications from women candidates.
Please note that only short listed candidates will be contacted
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