Finance Officer – Job Summary
Position Overview
The Finance Officer is responsible for supporting the organization’s financial operations by maintaining accurate financial records, processing transactions, monitoring budgets, preparing financial reports, and ensuring compliance with applicable financial policies and procedures. The role works closely with management, accounting, banking, procurement, and other departments to ensure effective financial control and timely reporting.
Key Responsibilities
- Maintain accurate and up-to-date financial and accounting records.
- Process payments, receipts, invoices, journal entries, and other financial transactions.
- Monitor daily cash balances, bank transactions, and account reconciliations.
- Prepare monthly, quarterly, and annual financial reports.
- Assist in budget preparation, monitoring, and variance analysis.
- Reconcile bank accounts, general ledger accounts, and subsidiary records.
- Monitor accounts payable and accounts receivable.
- Verify invoices, payment requests, and supporting documentation before processing.
- Support payroll processing and other staff-related financial transactions.
- Monitor organizational expenses and ensure they remain within approved budgets.
- Maintain proper documentation and filing of financial records.
- Assist with internal and external audits by providing required financial information and supporting documents.
- Ensure compliance with acco