Director of Finance

Full Time

Salary: $24,000 – $48,000 (tax free)
Contract length: 2 years in the first instance
Deadline: Saturday, 31 May, 2014
Job reference: J1003 for Finance Director; Or J1004 for Finance Officer.

Applications are invited for the position of Director of Finance (DoF) to guide and manage the overall provision of finance services, policies, and programs for MERI. The Director of Finance is responsible for the financial planning, record-keeping and reporting of the Institute, and the management of its financial risks. He/she will be a key member of the Management Board and report to the President of MERI.

The Finance Officer post is available for less experienced candidates who would work along the same lines but expected to be less experienced and take lighter responsibilities compared to the Director

Responsibilities The Finance Director will be responsible for the following:

  • Providing financial and accounting advice, direction and leadership.
  • Providing input into the Institute’s objectives and participating in financial, human resources and strategic planning.
  • Advising the President and the Management Board on financial strategies and their impacts on Institute objectives.
  • Reviewing accounts, investigation of variances and setting recovery plans.
  • Managing, institutionalising and monitoring all financial aspects in MERI’s various Directorates.
  • Developing and regularly updating financial guideline and procedures for MERI Directorates.
  • Receiving regular financial reports from the other Directorates and comparing expenditure and income targets and projections against the reported figures. Suggesting improvements to projection methods and analyse any failings.
  • Formulation and submission of regular budgets and targets, and preparing financial reports and briefings, including preparation and submission of weekly and monthly updates and annual accounts with recommendations
  • Assisting the Board in sourcing prospects for future income by analysing financial trends and any gaps in the potential opportunities.
  • Managing accounting, financial and audit systems and maintain full and accurate accounting records
  • Leading on treasury matters, investments, capital reserves, capital expenditure, insurance and risk management
  • Setting annual cost rates and membership fees
  • Ensuring that all financial matters are in accordance with legislation and ethical accounting practices.
  • Preparing and implementing tender documents and purchasing practices.
  • To lead and coordinate the effective management of the Directorate
  • To ensure the organization meets all its commitments to the donors
  • Recruitment, motivation, selection, training and promotion of financial staff.
  • Establishing secure, integrated and confidential databases and management systems

Person Specifications

  • Degree-level education in Finance or Accounting
  • Qualified member of an accountancy body or holder of an equivalent qualification
  • Significant experience in NGO or other institutions finance, with substantial knowledge of accounting principles and best practice, computer software for accounting, financial statements and their preparation, payroll reporting and systems.
  • Experience of managing, training and appraising professional staff
  • Knowledge of government legislation and policy as it affects the Institute
  • Strong leadership, interpersonal, team-building, and communication skills.
  • Ability to work independently while being a strong team player
  • Ability to protect confidentiality.
  • Excellent written and spoken language skills in English. Command of other languages is advantageous.
  • Strong IT skills, especially in specialised software necessary for the fulfilment of their role.
  • Ability to handle high levels of pressure and critical decision making
  • Be honest, trustworthy and respectful, and possess cultural awareness and sensitivity.

To Apply

Please submit:

  • The online application form
  • Up-to-date CV, including Names of three work-related referees, at least one of these should be a referee from your existing or most recent employer.
  • A covering letter