Ngo Finance Manager Job Description

Ngo Finance Manager Job Description

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Ngo Finance Manager Job Description

NGO Finance Manager Job Description

An NGO Finance Manager plays a crucial role in ensuring the financial health and sustainability of a non-governmental organization. This position requires a blend of financial expertise, organizational skills, and a commitment to the NGO’s mission.

Responsibilities:

  • Financial Planning and Budgeting: Develop and manage the organization’s annual budget, working collaboratively with program managers to align financial resources with strategic goals. This involves forecasting revenues, tracking expenses, and identifying potential funding gaps.
  • Financial Reporting: Prepare accurate and timely financial reports for internal stakeholders, donors, and regulatory bodies. This includes monthly, quarterly, and annual financial statements, variance analysis, and grant-specific reports. Adherence to accounting standards (e.g., GAAP, IFRS) and relevant regulations is paramount.
  • Grant Management: Oversee the financial aspects of grant-funded projects, ensuring compliance with grant agreements and donor requirements. This includes tracking grant expenditures, preparing grant financial reports, and managing audits related to grant funding.
  • Accounting and Bookkeeping: Manage the organization’s accounting system, ensuring accurate and complete financial records are maintained. This involves overseeing accounts payable, accounts receivable, general ledger entries, and bank reconciliations.
  • Internal Controls: Develop and implement robust internal controls to safeguard the organization’s assets and prevent fraud. This includes establishing policies and procedures for financial transactions, segregation of duties, and regular audits.
  • Compliance: Ensure compliance with all relevant laws, regulations, and accounting standards. Stay abreast of changes in financial regulations and adapt financial practices accordingly.
  • Cash Management: Manage the organization’s cash flow, ensuring sufficient funds are available to meet operational needs. This includes monitoring bank balances, managing investments, and developing cash flow forecasts.
  • Audits: Coordinate and manage external audits, working with auditors to provide necessary documentation and address any findings.
  • Team Management: Supervise and mentor finance staff, providing guidance and support to ensure their professional development. This may involve training, performance evaluations, and delegation of tasks.
  • Financial Analysis: Conduct financial analysis to identify trends, risks, and opportunities. Provide recommendations to senior management on financial strategies to improve efficiency and sustainability.
  • Relationship Management: Build and maintain strong relationships with donors, banks, auditors, and other financial stakeholders.

Qualifications:

  • Bachelor’s degree in Accounting, Finance, or a related field. A Master’s degree is often preferred.
  • Professional certification such as CPA (Certified Public Accountant) or equivalent is highly desirable.
  • Significant experience in financial management, preferably within the non-profit sector.
  • Strong knowledge of accounting principles, financial reporting standards, and grant management regulations.
  • Proficiency in accounting software (e.g., QuickBooks, NetSuite) and Microsoft Excel.
  • Excellent analytical, problem-solving, and communication skills.
  • Ability to work independently and as part of a team.
  • Strong ethical standards and a commitment to transparency and accountability.
  • Understanding of the NGO sector and its unique challenges.

This job description provides a general overview of the responsibilities and qualifications for an NGO Finance Manager. Specific duties and requirements may vary depending on the size and scope of the organization.

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