Finance Officer- KAFA

Scope of work:

The finance officer plans and manages the overall financial flows and resources of KAFA and keeps the accuracy of all accounting records, monitoring, and budgeting to see to the organization's financial viability.

Main Tasks and Responsibilities (include but are not limited to)

• Prepare, examine, and analyze accounting records, financial statements, and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
• Maintain all financial records related to transactions related to each project.
• Prepare payments according to funds availability and make sure all necessary supporting financial documents and signed proof of payment are available for each expenditure.
• Establish tables of accounts, and assign entries to proper accounts.
• Prepare donors’ financial reports for each project according to grant requirements.
• Provide comparative budget reports on a monthly basis and ensure documented budget clearances as per Project management processes.
• Track and ensure that project expenditures are in line with the approved budget.
• Record the transactions related to KAFA’s projects in the accounting system.
• Assist in identifying and resolving invoicing issues, accounting discrepancies, and other financial-related issues;

•       Work closely with the External Auditor.

•       Assist the auditor in developing KAFA’s annual financial statements.

•       Support the development of internal financial reports.

•       Review and update KAFA’s financial management policies and procedures annually.

• Advise management about issues such as resource utilization and assumptions underlying budget forecasts.