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15 May 2018

Branch Finance officer

Job Description

Job Announcement

Positions: Branch Finance officer

Duty Station: Dusamareb

Reports to: Branch Secretary

Number of Positions: 1

The Somali Red Crescent Society (SRCS) is an independent, non-political humanitarian organization that was founded in April 1963 and was established with presidential decree No. 187 in 1965. It was then recognized by the ICRC in 1969 and in the same year became a member of the International Federation of the Red Cross and the Red Crescent societies.

We are currently seeking applications from experienced professionals to fill the vacant position of Finance Officer in Dusamareb Branch.

Job Summary:

Participate in the planning and development of the financial plan and budget at the Branch level that provides justification for financial resources needed to implement programme activities in line with strategic objectives. Provide specialized support in the day-to-day financial and accounting operations of the Branch by compiling and maintaining accurate records of financial transactions related to expenditure and also prepare regular reports in compliance with SRCS financial policies and regulations.

Essential Duties and Responsibilities:

Programme Planning & Implementation

  • Participate in the planning and development of the financial plan and budget at the Branch level that provides justification for financial resources needed to implement programme activities
  • Review banking arrangements to ensure timely transfer of operational funds
  • Compile and check payment instructions to ensure calculations are correct and supported by accounting documents before posting details of financial transactions
  • Verify all invoices, vouchers, receipts and supporting documents against specified expenditure requisitions and ensure payments are made against verifiable accounting documents
  • Maintain complete records of all financial transactions such as payment vouchers, receipts and other documents in accordance with accounting procedures.
  • Reconcile bank statements and check balances against verifiable documents
  • Reconcile and balance accounts and prepare monthly expenditure returns
  • Prepare timely month-end closure of accounts and including financial statements and reports
  • Maintain proper filing system and make copies of all vouchers and support documents before submission to Finance Department

Operations Management 

  • Participate in capacity development and team building of staff on finance policies and procedures
  • Respond to emergency requests and prepare ad-hoc budgets to facilitate programme operations
  • Monitor and recommend funds redistribution according to operational priorities

Strategic Partnerships & Donor Relationships

  • Provide support to external auditors on a variety of technical accounting issues
  • Participate in discussions with Bank officials on operational matters related to banking services
  • Participate in contract negotiations with suppliers, contractors and service providers
  • Perform other related duties as assigned by the SRSC Senior Management

Minimum Requirements for this Position:

  • Bachelor’s degree or equivalent professional practice in Finance, Accounting, Business Administration or Economics
  • Minimum 3 years relevant experience in financial planning, budgeting, accounting, financial analysis, internal control, invoice and payroll processing, cash management, bank reconciliation, project accounting, and financial reporting
  • Proficiency in Spreadsheet and Database Packages
  • CPA or ACCA part qualifications is a definite advantage
  • Demonstrating consistency in upholding integrity and ethics
  • Demonstrated knowledge and commitment to the fundamental principles of the Red Cross and Red Crescent Movement

Interested candidates are encouraged to send their updated CV, cover letter, and copy of their certificates to:

Deadline for Applications: May 25, 2018

Only Shortlisted candidates will be contacted

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