Head of Finance Summary:
The Head of Finance at Action Aid in Accra, reports directly to the Country Director with a functional remit to the Africa Regional Finance Advisor.
Head of Finance Overview
This Head of Finance has significant horizontal matrix relationships and requires an effective team working with AAG and GS key staff
members including finance staff in regions, GS, Regional and Project Managers and other functional heads in the Country as well as with AAG partner staff.
The Head of Finance is responsible for the development of financial strategies, plans, systems and policies and monitoring to ensure
compliance and leading to build relevant organizational financial capacity to ensure effective delivery of set organizational goals.
Maintain an accounting system that ensures data integrity and accuracy of reports of information generated from the system
Ensure timely preparation of management reports for management and the Board and present such reports to management at
Senior Management meetings
Present management reports to the Finance and Audit Committee and to the Board of Trustees and General Assembly as and
when required on a timely basis to support strategic decision making in the organisation
Prepare on timely basis, all financial tables at midyear and year-end for consolidation by ActionAid International Director of Finance
Develop and maintain internal control systems that facilitate budget tracking, cash flow monitoring, safeguarding of assets and ensuring that procurement’s provide value for money always and in all parts of the organisation
Develop corporate financial strategies, policies and procedures for the Affiliate Programme in line with the Federations policy framework as well as the legal and other regulatory frameworks of Ghana
Monitor the implementation of and compliance with the Organisations financial policies and procedures by staff and management
Create and present finance and budget reports regularly to CLT and senior management team to facilitate effective decision making
Respond to requests from GS as and when required
Provide budget guidelines, templates and economic data to facilitate regional and mission and strategic enablers budgeting
Provide a framework for annual income allocation and communicate other resource requirements of the Affiliate Programme
(AP) to management and other budget holders to facilitate planning
Consolidate LRP and thematic plans from templates into a Three-Year Plan (TYP) for the CP and present same to Executive
Management for consideration and for Board approval
Submit TYP and participate in Global Secretariat (GS) annual budget conference for budget discussion and consolidation
Ensure that approved budget is translated into cash flow and uploaded into SUN 6.3 for implementation
Generate Table H (ActionAid UK remittance request forecast) for approval and funds request
Head of Finance Treasury Management
Plan for long term funding requirements of the organisation’s activities and interventions.
Ensure availability and appropriate distribution of financial resources across the organisation in a manner that will ensure
efficient and effective utilisation of resources and prevent financial crises in any part of the organisation through regular monitoring and analysis of the liquidity situation of the country programme.
Establish banking relations and arrangements to leverage the organisations liquidity as well as to minimise bank and other related charges and risks.
Lead in the appraisal and advise on financial aspects of partnership project proposals for the country programme.
Qualification Required & Experience
ICA, ACCA, CPA and CIMA
Must have a high degree (at least Masters Level) in Accounting and related field
Must have at least 10years experience of financial management (at least 5 years at a senior management level)
Head of Finance Essential Knowledge and Experience
Must have advanced knowledge of the use of accounting software (knowledge of SUN Accounting and Vision Executive will be an added advantage).
Must have strong knowledge of internal controls and budget/cash flow monitoring.
Must have a good knowledge of regional and international accounting standards.
Head of Finance Desirable Knowledge and Experience
Experience in financial management of development projects especially for projects funded by development partners DFID, EU and
How to Apply For the Job
Interested candidate should download application form:
Click Here To Download Application Form
Completed application forms should be sent to:
Closing Date: 06 August, 2021