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Finance Assistant

at Raising The Village
Location Kampala, Uganda
Date Posted July 24, 2024
Category Accounting
Audit
Finance
Management
NGO
Job Type Contract
Currency UGX

Description

JOB DETAILS:
About Raising The Village
We are Raising The Village (RTV) – an international development organization and a registered charity – on a mission to end ultra-poverty in Sub-Saharan Africa. Raising The Village is a fast-growing organization on an accelerated growth path. We have 180+ national staff in Uganda and a team of 10 people in North America working together to lift communities out of ultra-poverty in last-mile villages. We operate at the intersection of direct implementation and advanced data analytics to inform progress, decision-making, and impact. To date we have supported more than 1 million people through our innovative holistic approach and are on track to expand to reaching one million people annually in the region by 2027. We have achieved this tremendous growth with the support of our incredible partners from all around the globe who believe in our model and impact.

Overall Responsibilities
The Finance Assistant supports the Finance Officer in the field districts under the projects in the areas of Bookkeeping, budget formulation, financial planning and monitoring, reporting, accounting/budget execution etc. within the field Districts and also provide financial advisory services to the Field Officers.

Specific role/Responsibilities
Financial Management and Reporting
• Ensure that financial documents are up to date at all times, orderly, well kept, and readily available for reference and audit, when required such as cash advance forms, cash request forms etc.

• Withdraw project activities Funds from the bank, disburse and keep accurate records for all daily transactions
• Prepare expenditure cash log to manage daily cash activities at the field offices and share them with the Finance Officer on a weekly basis
• Scanning and numbering of the scanned finance documents on a weekly basis and share them with Finance Officer for review
• Take part in budgeting, budget tracking and monitoring
• Implementation of financial policies
• Help oversee and manage individual accounts for the assigned field officers
• Send and follow up on invoices for proper accountability
• Review and reconcile project activities accountabilities documentations
• Reconcile any discrepancies or errors identified in accountability submissions
• Report any practice that is against financial procedures to the Finance Officer or Finance Manager or management team as might be required
• Suggest changes or improvements to increase accuracy, efficiency, and cost saving
• Manage all the accountability documents and submitting it to the Finance Officer for review on a weekly basis
• Provide support to staff through explaining financial information to ensure adherence to financial processes and procedures
• Review all mobile money transactions to ensure that they meet all conditions for payments and pass them for approval
• Initiate payments through beyonic mobile money payment system, checking that correct beneficiaries are paid and flag any variance before payment. This is always done on Monday, Wednesday and Friday.
• Monthly reconciliation and tracking of Village Start up fund collections
• Participate in Monthly Sage projects reconciliations Financial Monitoring
• Review and prepare monthly reconciliations for the assigned field office
• Manage office and project operations cash in the assigned field offices
• Maintain the filing of all financial and accounting documents, files, and correspondence at field office and these should be ready for verification and confirmation at the end of every quarter.

Preferred Technical Skills
• Excellent mathematical skills; understanding of data privacy standards; integrity; honesty critical thinking skills;
• Knowledge of accounting and financial regulations
• Ability to travel at least 30% of the time to different districts of RTV field operations
• Excellent computer skills including Excel and Microsoft word.
• Excellent analytical and numerical skills
• Good time management skills
• Strong ethics, with an ability to manage confidential data.

Education, Qualification and experience
• Degree in accounting or Business administration majoring in accounting, or Bachelor’s Degree in Accounting and Finance will be an added advantage.
• A minimum of (2) two years of professional experience in providing accounting, and Bookkeeping, and proven experience in a Finance Management and Accounting or Audit.
• Knowledge with Beyonic payments system will be an added advantage
• Any level of CPA or ACCA will be an added advantage.

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