Finance Coordinator 126 views0 applications

INTERSOS is an independent humanitarian organization that assists the victims of natural disasters, armed conflicts and exclusion. Its activities are based on the principles of solidarity, justice, human dignity, equality of rights and opportunities, respect for diversity and coexistence, paying special attention to the most vulnerable people.

Terms of reference

Job Title: Finance Coordinator

Code: SR-49-9742

Duty station: Maiduguri, Nigeria

Starting date: 01/03/2025

Contract duration: 4 months

Reporting to: Head of Mission

Functional Supervisor: Regional Finance Coordinator

Supervision of: Finance Manager

Type of Duty Station: Non-family duty station

General context of the project

With over a decade of conflict, there have been devastating humanitarian consequences across North-East (Borno, Adamawa, and Yobe (BAY) states) and the North-West Nigeria. According to the Humanitarian Needs and Response Plan 2025, an estimated 7.8 million women, men, and children need some form of humanitarian and protection assistance. 2.3 million people have been forced to flee their homes due to persistent violence and remain internally displaced. Food insecurity and malnutrition are exacerbated by inflation, poverty, and restricted access due to insecurity, which impedes livelihood opportunities. 5.1 million are projected to be acutely food insecure during the 2025 lean season, with 2.5 million children malnourished. Gender-based violence (GBV) has been a significant protection concern faced byIDP women and girls in the area. Numerous basic infrastructure like hospitals, clinics, water supplies are damaged,posing constraints on essential service provision. Epidemics like cholera arising from flooding and overcrowdedsetting put extra stress to the already vulnerable communities.

In support to the coordinated humanitarian response in Nigeria, INTERSOS has been delivering multi-sestoral interventions addressing critical gaps in protection, health and nutrition, WASH, food security & livelihoods, and Camp Coordination and Camp Management for the most vulnerable communities in both Northeast and Northwest Nigeria, with funding support from BHA, ECHO, WFP, SV, etc.

General purpose of the position

Define, coordinate and monitor the implementation and management of finance strategies, policies, internal control and all financial administrative in the mission, in line with the context and operational challenges and INTERSOS protocols, standards and procedures, and with the Regional Finance Coordinator’s directions, in order to provide accurate, transparent, timely and reliable financial information to the organization and third parties on the allocation of resources in the projects.

Main responsibilities and tasks:

Strategy and budget

• As an active member of the Senior Management Team, participate in the definition of the missions’ objectives and strategies planning, implementing and monitoring the financial operational and budget needs, anticipating changes and challenges and planning accordingly, in order to ensure budget is appropriate
• Define the financial strategy for the mission and the country, assessing and mitigating the financial risks of the mission, and the project economic and financial plan together with the Head of Mission and linking with the Project Managers
• Provide regular and adequate indicators to monitor the financial position of the mission and provide relevant cost analysis, regularly monitor of expenses vs budget, analyse variances and suggest corrective actions when needed
• Provide support to the Head of Mission and Programme Coordinator on drafting new projects and budget preparation, ensuring the collaboration of other support Departments (HR, Log, Security)

Accounting and Treasury

• Ensure the accounting process is efficient and accurate, foreseeing an adequate level of verification and segregation of duties based on the dimension and the staff of the mission. The accounting database must be compliant with the INTERSOS’ standard accounting practices, reconciled on a monthly basis following the standard internal control mechanisms and enforce an effective monitoring of payment of suppliers, social/tax institutions and staffs salaries
• Coordinate the efficient management of the treasury including to ensure the smooth running of operations and maintain control on security risks. This includes among other things, definition of minimum levels of cash, cash-flow forecast for projects and NGO, management of local bank accounts, bank/cash reconciliation, transfer of funds to field bases, relations with banks and/or other financial institutions at mission level, identify in advance the financial issues and cash crunch
• Ensure proper implementation and respect of INTERSOS policies and guidelines and compliance with donors procedures, ensuring they are aligned with legal requirements and within the national legal framework, and designing or adapting relevant local policies, procedures and tools for optimized management of the mission’s financial resources
• Sensitize key executive staffs as coordinators, budget holders and relevant management on financial risks and the extent of their financial responsibilities
• In collaboration with Regional Finance Coordinator manage the funding agreements with donors e.g. coordinating and preparing proposals and financial reports and managing donor contracts
• Ensure the implementation of a relevant mission organizational set up and a reliable internal control system, in order to meet all financial obligations while keeping financial ethics respected within the mission and making use of the New Accounting Information System, or when not available, using the tools and templates provided by the procedural protocols

  Administration and HR

• Is responsible for mission administrative-accounting documents and all finished project documentation. Submit to the Regional Finance Coordinator and the HQ Finance Director the accounting reports and the supporting official documentation on individual projects and contracts
• Collaborate with HR department to accomplish the administrative requirements related to staffs related matters
• Coordinate and oversee the monthly and yearly closing of accounts guarantying that the statement reflects the financial reality of the mission

People management

• Is responsible for the management, supervision and development of the finance team, including coaching, training, motivating and ensuring their capability, detecting potential conflicts and finding solutions when necessary
• Participate to the HR processes (recruitment, training, briefing/debriefing, evaluation, potential, detection, staff’s development and internal communication) in order to ensure both the sizing and the amount of knowledge required for the activities he is accountable for.

Logistics

• In collaboration with the Logistics Coordinator ensure the proper execution of goods, works and services procurement processes in conformity with INTERSOS and donors’ guidelines

Required profile and experience

Education

• Essential degree in Economics/Finances

Professional Experience

• Minimuml 4 (four) years’ experience in finance management and in team management in humanitarian/ development sector
• Desirable previous experience with INGO’s in overseas countries

Professional Requirements

• Proven experience in handling key donors finance compliance and reporting (incl. BHA, ECHO, WFP, UNICEF, etc)

Languages

• Fluency in written and spoken English is required

Personal Requirements

• Strategic vision
• Leadership
• Teamwork and cooperation
• Behavioural flexibility
• People management and development
• Service orientation
• Commitment to INTERSOS principles