This is a full-time, on-site position for aFinance Officer based in Gauteng, South Africa.
The Finance Officer will support the effective financial management of the organisation by maintaining accurate financial records, processing transactions, preparing reconciliations and reports, and supporting compliance with internal policies, donor requirements, tax regulations and audit processes.
The role requires a high level of accuracy, organisation and financial discipline, with responsibility for ensuring that financial information is complete, reliable and available to support sound operational and management decision-making. The Finance Officer will work closely with colleagues across departments, as well as relevant partners and service providers, to maintain strong financial controls and ensure the integrity of financial processes.
Key Responsibilities
This is a full-time, on-site position for aFinance Officer based in Gauteng, South Africa.
The Finance Officer will support the effective financial management of the organisation by maintaining accurate financial records, processing transactions, preparing reconciliations and reports, and supporting compliance with internal policies, donor requirements, tax regulations and audit processes.
The role requires a high level of accuracy, organisation and financial discipline, with responsibility for ensuring that financial information is complete, reliable and available to support sound operational and management decision-making. The Finance Officer will work closely with colleagues across departments, as well as relevant partners and service providers, to maintain strong financial controls and ensure the integrity of financial processes.
Financial Administration & Processing
- Capture invoices and expenditure accurately and timeously on Xero.
- Prepare payment requisitions and supporting documentation for approval.
- Capture and maintain daily bank transactions.
- Prepare invoices to third parties for the recovery of funds, where applicable.
- Maintain complete and up-to-date financial records, including delivery notes, quotations, purchase orders and supporting documentation.
- Manage cashbook processing and related banking administration.
- Assist with the preparation of budgets, forecasts and monthly financial reports.
Reconciliations
- Prepare monthly bank reconciliations.
- Compile monthly Sub-Recipient and Service Provider expenditure reconciliations, including budget-versus-actual analysis.
- Identify and follow up on reporting discrepancies to ensure timely resolution.
- Ensure that all transactions are supported by accurate and complete documentation.
VAT Compliance
- Assist with the preparation and reconciliation of information required for VAT submissions.
- Review and validate tax invoices to ensure compliance with applicable requirements.
Financial Controls & Procedures
- Maintain and uphold appropriate financial controls and contribute to the continuous improvement of financial processes.
- Ensure the accuracy, completeness and confidentiality of financial information.
- Ensure adherence to the organisation’s financial policies, procedures and delegated authorities.
- Ensure compliance with applicable grant regulations, donor requirements and approved budgets.
Audit & Compliance
- Conduct quarterly reviews and audits of Sub-Recipient and partner expenditure reports.
- Support internal and external audit preparation and processes.
- Source and compile supporting documentation required for audits and compliance reviews.
- Conduct quarterly asset verification and maintain accurate asset records.
- Assist with any additional financial compliance and audit-related requirements as needed.
Skills & Competencies
- Strong attention to detail and a high level of accuracy when processing financial information.
- Sound understanding of accounting principles and financial controls.
- Strong proficiency in Microsoft Office, particularly Excel, as well as Word and PowerPoint.
- Strong organisational, administrative and record-keeping skills.
- Ability to manage multiple priorities, work under pressure and meet deadlines.
- Strong analytical and problem-solving skills.
- Professional written and verbal communication skills.
- Ability to engage effectively with internal teams, partners, service providers and other stakeholders.
- Experience in budgeting, forecasting and monthly financial reporting.
- An understanding of donor-funded environments, grant compliance and donor-specific financial reporting requirements would be advantageous.
Qualifications & Experience
- Diploma or Degree in Finance, Accounting or a related field.
- 2-5 years' relevant experiencein a finance, accounting or bookkeeping role.
- Practical experience with bank reconciliations, creditors, debtors and VAT.
- Experience using accounting systems such asXero, Sage, Pastel or similar platforms.
- Experience preparing budgets, forecasts and financial reports.
- Previous experience within a donor-funded, NGO, development or grant-funded environment would be advantageous.