BOMA is working to lift 3 million people out of extreme poverty by 2027. BOMA’s mission is to provide the people and governments of Africa’s drylands with economic inclusion programs that increase resilience to multiple crises. Founded 15 years ago to eliminate extreme poverty among pastoralist women in Kenya, BOMA has since transformed the lives of more than 704,352 women, youth and refugees in the drylands of Africa. BOMA stands out for its focus on last mile populations of the drylands of Africa, who are most at risk to shocks from climate change and COVID-19, tech savvy and data driven approach, impressive graduation rate and 99% local structure based in Africa.
The Finance Officer will be responsible for supporting financial management and accounting of the BOMA programs and to ensure adherence and compliance with the donor requirements, financial management, financial reporting, audits and internal BOMA financial policies and procedures.
RESPONSIBILITIES
- Make data entry into the accounting system daily, ensuring that all expenditure incurred is entered in Business Central in a timely manner and reviewed with the Finance Manager on a weekly basis.
- In coordination with Project Management Team and the Grants Manager help in budget preparation.
- Ensure accurate identification, posting, tracking and allocation of grant-specific expenses within the general ledger.
- Prepare bank reconciliation and submit for review monthly.
- Extract, on request, grant/donor specific reports as requested; and ensure the same is reconciled with the appropriate grant budgets and contracts.
- Ensure adequate support documentation and approval for all expenses.
- Ensure all supplies, bills and costs incurred are approved by the appropriate staff and are paid for within a reasonable time – taking into consideration monthly cash flows.
- Ensure compliance with BOMA’s financial policies and procedures.
- Prepare and make journal entries necessary for adjustments, ensuring that the final audit report corresponds with the accounts as maintained in the accounting system.
- Act as BOMA agent to the bank; make cash deposits and withdrawals and deliver instructions.
- Initiate online bank payments and notify bank signatories for approval.
- Ensure financial documentation, including expenditure back-ups from field offices are accurate and submitted in a timely manner.
- Provide any other financial information, as requested, and respond to any other financial queries during audits.
- Verify all field expenditure requests, including petty cash, per diems, grant disbursements, fuel and communication allowances before making payments.
- Process all staff travel advance requests and liquidations in in the financial system (Business Central).
- Participate in annual budget-making processes; monitor budgets and produce Actual vs. Budget reports for review monthly basis.
- Provide support to Cluster Office staff and work closely with them to ensure that financial information is accurate and up to date.
- Ensure timely remittance of all statutory deductions monthly.
- Ensure timely preparation of management and donor reports.
- Support BOMA annual audits.
QUALIFICATIONS
- Bachelor’s Commerce Degree with at least CPA II.
- At least three (3) years of Finance and accounting experience.
- Commitment to the mission of BOMA.
- Must demonstrate excellent oral and written communication skills for both in English.
- Accurate and diligent financial reporting and monitoring skills
- Ability to work respectfully and maintain productive relationships with people from different departments.
- Results oriented, with the ability to identify problems, design interventions and oversee their implementation.
- Excellent teamwork, communication, and interpersonal skills.
- Proficient in computer skills including Excel and Word. Experience using Business Central is an added advantage.
- Excellent time management skills, ability to juggle competing priorities and meet deadlines.
This is a full-time position with BOMA based in Nairobi. Female candidates are highly encouraged to apply.
Interested and suitable qualified candidates to submit their application, through BOMA’s recruitment portal. Please ensure you have listed your EXACT Location while making your application.
Applications must be received by 24th October 2024. Late applications will not be considered.
