Finance Associate Job at Elevation Church

Location: Lagos

Responsibilities / Job Description
The role is responsible for providing financial and administrative services to the church by way of maintaining financial records, producing required reports and general administration of the finance function as assigned.

Budget Monitoring:

• Collation of all submitted budgets and planned expenditure to Head of Finance (HoF)
• Ensure disbursements are in line with the approved budget

Reporting:

• Inflows: Preparation and submission of service reports within 24hours after the event or service
• Reconciliation of all accounts (cash, cheques, online transfers).
• is to be done daily, weekly and monthly. These should thereafter be filed for audit purpose
• Reconciliation of budgets and expenses for different events or projects
• Reconciliation of all card transactions (Naira & USD)

Relationship Management:

• Preparation of correspondences to banks and other parties
• Management of existing relationships with all external stakeholders
• Attend and resolve issues with internal parties, auditors, banks, congregants and vendors
• To escalate these issues when necessary to the HoF

Financial Statements Preparation:

• Preparation of periodic financial statements for management use
• Up to date and regular posting of transactions on the accounting software
• Processing of transactions on SAGE/QuickBooks for Reports

Fixed Assets Management:

• Regularly updating the Fixed Asset Register and report to HoF
• Accounting for obsolete assets on the Register and escalate to the HoF

Insurance Register:

• Regularly updating the Insurance Register and report to HoF
• Treatment of Prepayments and Accruals for all insurance of the Organisation

Offering Management:

• Ensure availability on all service days.
• Provide support during the counting process from start to finish.
• Ensure accuracy of data compiled for the service report before submission to HoF

Petty Cash Management:

• Disburse and account for all petty cash expenditure by sending periodic reports
• Request for replenishment when due

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Cash Flow Management:

• Fixed deposit management using an excel sheet and SAGE/QuickBooks to track additions, rollover, maturity.
• Monitoring and calculation of interest rates to determine investment income

Skills and Knowledge
Educational Qualification:

• B.Sc. Finance, Accounting, Economics.
• A master’s degree, ACCA, ACA.
• HND in any of those disciplines + A master’s degree, ACCA, ACA.

Relevant Experience & Technical Skills:

• Minimum of 2 years’ accounting experience.
• Up-to-date knowledge of accounting procedures & practices
• Experience using accounting ERP solution packages
• SAGE line 50 and QuickBooks
• Budget Planning & Control
• Cash flow Management
• Bank Reconciliation
• Financial Data Analysing & Interpretation
• Stakeholder Management
• Financial Control & Audit
• Up-to-date knowledge of GAAP and theories
• Proficient word processing and excel spreadsheets skills

Attitude and Behavioural Traits:

• Analytical Skills
• Problem Solving Abilities
• Professionalism
• Self-Management
• Integrity
• Organization
• Excellent Computing Skills
• Goal-Oriented & Hardworking
• A good team player yet able to work well alone

Application Deadline

Not Specified.

Method of Application

Interested and qualified candidates should:
Click here to apply online